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Ford sees its market capitalization soar to $100 billion for the first time as EV ambitions push stock to a 20-year high

2 days ago   |   By Business Insider

Stan Honda/AFP via Getty Images
The market cap of Ford Motors soared to $100 billion for the first time ever on Thursday.
This milestone makes Ford more valuable than two of its rivals, General Motors and Rivian.
Ford's electric vehicle ambitions have also helped push its stock to a 20-year high.
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The market capitalization of Ford Motors soared to $100 billion for the first time ever on Thursday as the automaker's electric vehicle ambitions pushed its stock to a 20-year high. Ford's stock spiked by as much as 4.6% to...
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TPG surges 14% in public debut after first major IPO of the year values the private equity giant at $10 billion

2 days ago   |   By Business Insider

Emmanuel Dunand/AFP via Getty Images TPG stock jumped as much as 14% in its debut on Thursday, becoming the biggest IPO so far this year. The private equity firm priced its IPO at $29.50 per share, giving it an initial valuation of about $9 billion. TPG has $109 billion in assets under management and more than 280 portfolio companies. Sign up here for our daily newsletter, 10 Things Before the Opening Bell. Private equity giant TPG surged as much as 14% in its trading debut on Thursday, giving the firm a valuation of more than $10 billion. The firm priced its IPO at $29.50 per share...
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