Affirm, SoFi shares pop following earnings
[ad_1] Shares of fintech companies Affirm and SoFi soared Thursday after both companies reported earnings results that beat on revenue.Affirm shares jumped more than 13% Thursday morning after the buy…
Shares of EV start-up Rivian spike on second day of trading, market cap surpasses GM
[ad_1] Rivian R1T Field pickupSource: RivianShares of the electric vehicle start-up Rivian continued to climb Thursday, up about 10%, one day after its public market debut.The Amazon- and Ford-backed company…
China’s shock climate deal with the U.S. has sparked some cautious optimism
[ad_1] US special climate envoy, John Kerry speaks during a joint China and US statement on a declaration enhancing climate action in the 2020's on day eleven of the COP26…
Embark CEO sees supply chain crisis as the ‘inflection point’ for autonomous trucking
[ad_1] 25-year-old Embark CEO and co-founder Alex RodriguesThe congestion at U.S. ports, the trucker shortage, and the rise of e-commerce have created a unique opportunity for autonomous trucking, according to…
China’s JD.com smashes through its Singles Day record with $48.7 billion in sales and counting
[ad_1] GUANGZHOU, China — Chinese e-commerce giant JD.com has racked up 311.4 billion yuan ($48.6 billion) in sales across its platforms as of 14:09 p.m. Beijing time during the Singles…
Indonesia’s tech giant GoTo Group raises $1.3 billion ahead of IPO plans
[ad_1] Gojek riders wait for their delivery orders at a distribution centre in Surabaya, Indonesia on May 17, 2021.Juni Kriswanto | AFP | Getty ImagesIndonesia's GoTo Group has secured $1.3…
E-commerce giant JD starts accepting China’s digital currency on Singles Day for the first time
[ad_1] GUANGZHOU, China — JD.com is accepting China's digital yuan for payment on its e-commerce platform during Singles Day for the first time.While China's digital currency, the e-CNY, has not…