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Fortune26d agoneutral
The U.S. doesn’t have a state-owned oil giant. But in Venezuela, the federal government will control a company with the world’s 2nd largest reservesThe federal government will control 55% of the company's effective output via equity ownership and oil production.
The Wall Street Journal114d agoneutral
How Google’s $80 Billion Equity Plan Compares to the Biggest EverThe gargantuan funding requirements of developing artificial intelligence has already set records for the funding rounds in private markets. Now the list of largest-ever equity issues on the stock market is set to be rewritten too. The largest component of Alphabet’s proposed $80 billion equity issue—$40 billion, to be sold into the market—will be roughly on par with the size of Saudi oil giant Aramco’s 2019 initial public offering, adjusted for inflation.