French tech company OVHcloud sets IPO price range at 18.50-20 euros
PARIS, Oct 5 (Reuters) – French cloud computing services company OVHcloud set the price range for its forthcoming Paris stock market listing at between 18.50-20.00 euros per share, and added the IPO (initial public offering) should raise 350 million euros ($405.8 million).
OVHcloud added that initial trading on the Paris stock market was expected to start on October 15, with a formal stock market debut due later on October 19.
Donald Trump Can Be Deposed In Former ‘Apprentice’ Contestant Summer Zervos’ Lawsuit, Judge Rules
A New York judge is giving a Dec. 23 deadline for former President Donald Trump to be deposed in the lawsuit brought by Summer Zervos, the former contestant on The Apprentice.
Reuters and other outlets reported on Monday that Trump had to submit to a deposition in the case. Zervos, who has accused Trump of groping her in 2007, sued him for defamation in 2017 after he called her and other accusers liars.
Trump has denied the allegations.
Judge Jennifer Schecter also set the Dec. 23 deadline for all other depositions and fact discovery. The attorneys must submit dates of the depositions to the court by Oct. 18, or inform the judge why they cannot agree on a time frame.
Earlier this year, New York’s highest court rejected Trump’s efforts to dismiss the lawsuit. His lawyers had argued that a sitting president could not be sued, but the appeals court said that “the issues presented have become moot” after Trump left office.
Zervos was a contestant on the fifth season of the NBC reality show, which was filmed in 2005 and aired in 2006. She contacted Trump the year after her appearance to seek job advice.
According to Reuters, Trump’s attorney, Alina Habba, said that the former president planned to file a counterclaim based on New York’s anti-SLAPP statute.
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Facebook share price plummets: Social media giant suffers devastating 5 percent drop
The social media giant went down across the world, causing issues for millions of users.
Along with Facebook, Instagram and WhatsApp were also part of the social media blackout as they also went down at the same time.
From this, Facebook has seen a fall in its share price by 5.76 percent.
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Bitcoin’s official magazine took to Twitter to share the news that they had surpassed Facebook in market cap during their plummet in share price.
@BitcoinMagazine tweeted: “#Bitcoin just surpassed Facebook in market cap.
“They are down today, literally.
“In the past year, #Bitcoin is up over 360%, compared to Facebook which is only up 22%.”
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Black Former Tesla Worker Awarded More Than $130 Million in Damages
Where are Elon Musk, Tesla at White House EV announcement?
Wall Street Journal reporter Tim Higgins explains why Tesla is missing in action at the president’s address.
Tesla Inc. subjected a Black former worker to a racially hostile work environment and failed to take reasonable steps to prevent him from being racially harassed, a federal jury found Monday.
The jury awarded more than $130 million in damages to Owen Diaz, who worked as an elevator operator at Tesla’s Fremont, Calif., factory in 2015 and 2016.
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An attorney for Tesla declined to comment on the verdict.
Pre-market Movers: PLAG, ZIVO, IPW, FEIM, FAMI…
The following are some of the stocks making big moves in Tuesday’s pre-market trading (as of 5.45 A.M. EDT).
In the Green
Planet Green Holdings Corp. (PLAG) is up over 41% at $1.63
ZIVO Bioscience, Inc. (ZIVO) is up over 26% at $5.46
iPower Inc. (IPW) is up over 19% at $5.50
Frequency Electronics, Inc. (FEIM) is up over 18% at $11.28
Farmmi, Inc. (FAMI) is up over 16% at $0.28
NeuroBo Pharmaceuticals, Inc. (NRBO) is up over 15% at $4.38
Puxin Limited (NEW) is up over 15% at $0.61
Sarcos Technology and Robotics Corporation Common Stock (STRC) is up over 11% at
China Liberal Education Holdings Limited (CLEU) is up over 7% at $2.11
In the Red
Paltalk, Inc. (PALT) is down over 11% at $4.79
Red Cat Holdings, Inc. (RCAT) is down over 11% at $3.17
Newpark Resources, Inc. (NR) is down over 11% at $2.95
Logitech International S.A. (LOGI) is down over 7% at $89.93
Aehr Test Systems (AEHR) is down over 7% at $13.99
Matinas BioPharma Holdings, Inc. (MTNB) is down over 6% at $1.38
Powerball: Numbers drawn for $685 million jackpot
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The Powerball jackpot for Monday’s lottery drawing reached an estimated $685 million, with a cash option of $485.5 million.
Here are tonight's winning numbers: 66-12-22-54-69. The Powerball is 15, and the Powerplay is 2x.
The jackpot would be the eighth largest in U.S. lottery history and sixth biggest Powerball prize.
Thanks to nearly four months of futility, the Powerball jackpot has climbed to an estimated $685 million, making it the eighth largest in U.S. lottery history. No one has won the game's grand prize since June 5.
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Every drawing now sets a record, topping the previous mark of 36 drawings that ended in January 2021. The longer the game goes without a grand prize winner, the larger the payout will grow.
The Associated Press contributed to this report