Bezos Blue Origin Valued at $130 Billon
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BofA calls Nvidia (NVDA) a strong buy at a 7-year valuation low; Bernstein reiterated Apple (AAPL) Outperform on improving iPhone momentum.
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Bezos' Blue Origin raised $10 billion in its first-ever outside funding round, valuing the rocket company at $130 billion.
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As just noted by CNBC, “Jeff Bezos Blue Origin is raising about $10 billion in its first outside funding round that will value the rocket company at $130 billion, sources told CNBC’s Andrew Ross Sorkin.” It’s also being reported that Bezos is expected to contribute $2 billion to the round, with about $4 billion from Coatue Management.
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Ian Cooper is a veteran market analyst and investment strategist with more than 20 years of experience covering stocks, commodities, and macro trends. Since 1999, he has helped investors identify market opportunities using a blend of technical analysis, fundamental research, and market sentiment.
He is the creator of the ADD News Flow Strategy, which focuses on trading market reactions to major news events and investor psychology. Cooper was also among the analysts who warned about the 2008 financial crisis and major financial institution collapses ahead of the broader market.
Before joining 247 Wall St., Cooper wrote extensively for InvestorPlace and other financial publications, covering market trends, trading strategies, and investment opportunities.
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