Coinbase: Nas, Durant, Andreessen Horowitz and the other winners after premium debut

Coinbase: Nas, Durant, Andreessen Horowitz and the other winners after premium debut

New York rapper Nas is among a number of individuals counting fresh fortunes following the rampant rise of Coinbase Global Inc (NASDAQ:COIN) shares amidst this week’s Nasdaq debut. As an early investor in the Bitcoin and cryptocurrency exchange buying a stake initially in 2013 via a ‘series B’ funding round …

Dixons Carphone share price is up with events, RBC believes

Dixons Carphone share price is up with events, RBC believes

Dixons Carphone PLC (LON:DC.) faces macro headwinds and the valuation is “more up with events”, said broker RBS as it downgraded the stock. The new rating is “sector perform”, down from “outperform”. The target price is 150p. “We expect Dixons Carphone to maintain its strong relative position in the electricals …

Proactive news headlines: AFC Energy, NFT Investments, Zoetic International…

Proactive news headlines: AFC Energy, NFT Investments, Zoetic International…

AFC Energy PLC (LON:AFC) is to deepen its relationship with ABB Schweiz AG, the provider of electric vehicle charge points, electrification and digitalisation technologies. As part of a £33.5mln fundraising by AFC, ABB will invest £3.25mln in AFC and the two will work together on integrating AFC’s alkaline fuel cell …

Proactive headlines: AFC Energy, NFT Investments, Zoetic International…

Proactive headlines: AFC Energy, NFT Investments, Zoetic International…

AFC Energy PLC (LON:AFC) is to deepen its relationship with ABB Schweiz AG, the provider of electric vehicle charge points, electrification and digitalisation technologies. As part of a £33.5mln fundraising by AFC, ABB will invest £3.25mln in AFC and the two will work together on integrating AFC’s alkaline fuel cell …

Dogecoin worth more than Lloyds, BT after price surges nearly 200%

Dogecoin worth more than Lloyds, BT after price surges nearly 200%

Dogecoin, a meme-inspired cryptocurrency created in 2013, is now worth more than some of the FTSE 100’s major players including Lloyds Banking Group PLC (LON:LLOY) and BT Group PLC (LON:BT.A) after its price rose by almost 200% in the last 24 hours. In late-afternoon trading on Friday, the price of …

Mercedes takes the wraps off “Tesla killer”

Mercedes takes the wraps off “Tesla killer”

Mercedes-Benz has officially unveiled its EQS electric car, dubbed a “Tesla killer” in some circles. The EQS is at the top of the Mercedes electric car range and will compete with the Tesla Model S as well as models Mercedes’s fellow German car makers, such as Audi’s e-tron and Porsche’s …

BT -heads upwards after JP Morgan says stop to broker downgrades

BT -heads upwards after JP Morgan says stop to broker downgrades

BT Group PLC (LON:BT.A) rose 2% to 154.1p before close after receiving an upgrade by JP Morgan, which said that downgrades have been the theme for the past five years but it is time for a change. The US investment bank sees network division Openreach driving a recovery in earnings …

M&S faces backlash over plan to release 30m honeybees

M&S faces backlash over plan to release 30m honeybees

High street chain’s farm project could put pressure on wild pollinators, warn conservationists An attempt by Marks & Spencer to “do good for the environment” by releasing 30 million honeybees into the British countryside has backfired, with conservationists warning the initiative could damage ecosystems and deprive wild pollinators of valuable …