• AirBnb is making its entrance on Wall Street. The IPO will be at a price of $68 per share. This is well above the indicative range which was between 56 and 60 dollars. In total, Airbnb will raise approximately $3.5 billion through the issuance of 51 million shares, with a maximum valuation of $47 billion.
  • The French data protection agency has fined Amazon Europe 35 million euros ($42m) for placing advertising cookies on users' computers from the amazon.fr site without prior consent and without satisfactory information.
  • Meanwhile, The FTC and 46 US states accuse Facebook of hindering competition.
  • Gilead Sciences has signed an agreement to acquire the German biotech company MYR for €1.15 billion in cash.
  • GlobalWafers will acquire Siltronic at EUR 125 per share in a friendly offer to which Wacker Chemie will contribute its 30.8% stake.
  • Starbucks up sharply after announcement of strong post-pandemic outlook.
  • HelloFresh raises its 2020 targets.
  • TUI AG shows a net loss of €3 billion and has to boost its cost-cutting plan.
  • General Electric will pay $200 million to settle SEC lawsuits for misleading investor disclosures over the period 2015 to 2017.
  • DoorDash (+86%) and C3.ai (+130%) go public with great fanfare.
  • AT&T sells Crunchyroll to Sony for $1.175 billion.
  • SoftBank has spent $680M to increase its stake in DoorDash to 25% in 3 years and is now valued at $11.9B with the IPO.