Self-driving start-ups are racing to go public, hoping to ride the success of next-generation automotive IPOs like XPeng (NYSE: XPEV) and NIO (NYSE: NIO). TuSimple Holdings (NASDAQ: TSP) -- which went public in April -- has already dropped 15% below its IPO price. Plus is coming public through a special purpose acquisition company (SPAC) merger with Hennessy Capital Investment Corp V (NASDAQ: HCIC). Read More...
Motley Fool
FuboTV’s Sportsbook Is Coming in Q4
The fast-growing, sports-first streaming service fuboTV (NYSE: FUBO) has been growing in popularity with both consumers and investors over the last year as it innovates and executes. The company’s subsidiary, Fubo Gaming, has been busy securing market access agreements to launch a new sports-betting app, positioning the company to take market share in the fast-growing digital sports gambling market. “We believe we are in the early innings of a massive opportunity,” said fuboTV co-founder and CEO David Gandler in the company’s second-quarter earnings call when discussing its Sportsbook plans.
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