Chinese robotaxi firm Pony AI seeks up to $4.5 billion valuation in US IPO
(Reuters) - Chinese autonomous driving firm Pony AI said on Thursday it was targeting a valuation of up to $4.48 billion in its initial public offering in the United States. Pony, backed by Japanese ...
96% of US households have bank accounts: FDIC
According to a new Federal Deposit Insurance Corporation (FDIC) report, 96% of US households were "banked" in 2023, up 300,000 from 2021. This indicates more Americans have access to bank or credit ...
Dorel reports US$21.9M Q3 loss compared with US$10.4M loss a year ago, revenue down
On an adjusted basis, Dorel says it lost 62 cents US per share in its latest quarter compared with an adjusted loss of 32 cents US per share in the same quarter last year. This report by The Canadian ...
More American households have access to bank accounts than ever before
Nearly half of banked households (48.3%) used mobile banking as their primary method of account access, which is up from the previous survey. Over the past decade, the portion of US households that ...
Sims (SMUPF) Gets a Hold from RBC Capital
In a report released on November 12, Owen Birrell from RBC Capital maintained a Hold rating on Sims (SMUPF – Research Report), with a ...