Kingsoft Cloud IPO Defies Expectation as Vroom angles for debut

Kingsoft Cloud IPO Defies Expectation as Vroom angles for debut

Hello and welcome back to our regular morning look at private companies, public markets and the gray space in between. Last Friday something very odd happened: the public debut of Kingsoft Cloud, a company that we’ve covered before. I’m nigh-incredulous about this IPO...
Mnuchin: California should prioritize helping Musk reopen Tesla

Mnuchin: California should prioritize helping Musk reopen Tesla

U.S. Treasury Secretary Steve Mnuchin sided with Tesla in its ongoing fight with Alameda County. Speaking to CNBC, Mnuchin said that California needs to work with Tesla so Musk can quickly and safely open Tesla’s Fremont factory. This comes after Musk sued the county...