AMC Entertainment (AMC) is cashing in on the revival of the meme stock trade. The struggling theater chain raised $250 million of “new equity capital” through the sale of 72.5 million shares on Monday, per an SEC filing. The completion of the equity offering, which was initially launched on March 28, came as the meme […]
Tag: Doubles
DOE doubles down on $1/kg clean hydrogen, sets sights on additional hydrogen cost targets
This story was originally published on Utility Dive. To receive daily news and insights, subscribe to our free daily Utility Dive newsletter. Dive Brief: The U.S. Department of Energy’s Hydrogen and Fuel Cell Technologies Office will focus for the next several years on research, development and demonstration projects that improve the efficiency, durability and cost […]
Novavax stock doubles after Sanofi deal marks ‘new chapter’ for company
Novavax stock (NVAX) skyrocketed on Friday, gaining as much as 120% on the news French drug and vaccine giant Sanofi (SNY) would invest $1.2 billion in a deal for Novavax’s COVID-19 vaccine and take a minority stake in the struggling biotech company. The deal gave Novavax a much-needed cash boost as the company had flagged […]
A bar that doubles as hotel check-in desk? Take a look at what’s opening in Wynwood
If you’re looking for a hotel with startup vibes in Miami’s technology epicenter, you have a new option. The eight-story Moxy Miami Wynwood at 255 NW 25th St. started taking reservations this week for stays beginning June 23. That’s a little more than two months later than the previously planned opening of April 11. HOTEL […]
Maddow Blog | Pressed on the ‘assassination’ question, Team Trump doubles down
As special counsel Jack Smith’s elections case against Donald Trump has progressed, the former president hasn’t just proclaimed his innocence. The Republican and his defense attorneys have also claimed that he enjoys near-complete immunity from crimes he might’ve committed during his White House tenure. A federal district court rejected the argument, concluding, “[The] defendant’s four-year […]
Meta more than doubles Q1 profit but revenue guidance pulls shares down after-hours
Facebook and Instagram parent company Meta said Wednesday its first-quarter profit more than doubled, boosted by higher advertising revenue and a 6% increase on the average price of ads on its platforms. But its shares dropped sharply in after-hours trading following lukewarm revenue guidance. Meta Platforms Inc. earned $12.37 billion, or $4.71 per share, in […]
This viral sports bra that doubles as a tank top is a win for big busts — get it for as little as $19
If you have a bigger chest, finding a good sports bra is practically impossible. I know, because I’ve tried them all — wire-free, underwire, extra-supportive, racer-back, criss-cross, you name it. In addition to the fact that these undergarments tend to be extremely uncomfortable (something akin to a panini press for the boobs), they also happen […]
Dave Ramsey Doubles Down On Real Estate — Says, ‘Prices Will Go Up’ As Blackstone Acquires $10 Billion More Multifamily Properties
Dave Ramsey was vocal about his prediction two years ago that home values would rise, a controversial thesis in the middle of the Federal Reserve’s interest rate hiking campaign. His reasoning was simple, highlighting the supply shortage in the market by saying that “when there is a shortage of an item … prices go up.” […]
Somalia’s football pitch that doubles as an execution ground
On a beach in the Somali capital, Mogadishu stand six tall concrete posts planted in the pure white sand. The waves of the bright blue Indian Ocean break gently nearby – and often bear witness to some grim events. Warning: This article contains descriptions that some people may find upsetting Every so often the security […]
This mega popular Ninja blender doubles as a food processor — and it’s down to $150 at Amazon
A powerful blender is a must, especially when the temps start to rise and the refreshing smoothie cravings kick in. But some blenders can do more than just whip up smoothies. Take the wildly popular Ninja Kitchen System: It features several attachments to handle your blending needs, along with food processing, dough-kneading and more. It’s […]
Alibaba scraps planned IPO of Cainiao logistics unit as it doubles down on e-commerce
HONG KONG (AP) — Alibaba Group Holding on Tuesday said it had scrapped plans to list its logistics unit Cainiao in Hong Kong, as it looks to prioritize growing its e-commerce business while facing challenging IPO market conditions. Alibaba said Tuesday that it was withdrawing its initial public offering and listing application, and instead proposes […]
Production at Northern Ireland weapons plant doubles amid war in Ukraine
Production at a weapons plant in Northern Ireland has doubled, and is set to double again following Russia’s war in Ukraine. Thales UK operate two sites in the North – with high precision missiles designed and produced at a plant in east Belfast, and final missile assembly at another plant in Crossgar, Co Down. It […]