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Cash Injection

All articles tagged with #cash injection

entertainment2 years ago•1 min saved

Taylor Swift's "Eras" Tour Movie Dominates British Box Office, Leaving Audiences Singing

Taylor Swift's Era Tour movie, a high-production presentation of her record-breaking global tour, has opened at the top of the UK and Ireland box office, with unprecedented pre-sales. The film, shot over three concerts in Los Angeles, has received praise from critics for giving fans a close-up seat at Swift's live show, featuring over 40 songs from her successful 17-year career. The success of the film is expected to provide a much-needed cash injection for the UK cinema industry.

via Deadline|

#cash-injection #concert-film #entertainment

business2 years ago•1 min saved

Nikola's Stock Plummets on $100M Discounted Share Offering

Electric-truck maker Nikola plans to sell shares and raise $100 million, causing its shares to hit a record low. The offering price of $1.12 represented a 20% discount over its last close of $1.40 on Thursday. Despite the cash injection, analysts say management still has a lot of work to do to balance cash burn against its existing cash. Nikola, like other smaller EV firms, has been struggling to ramp up production at a time when demand has stalled amid high borrowing costs, driven by higher interest rates.

via Reuters|

#business #cash-injection #ev