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EVgo Q3 Sales Surge 92% As Charging Revenues And Customer Growth Drive Performance; Stock Jumps

EVgo Inc (NASDAQ:EVGO) shares are trading higher after the company reported third-quarter sales growth of 92% year-on-year to $67.535 million, beating the consensus estimate of $65.952 million. Revenue growth was primarily driven by year-over-year increases in charging network and eXtend revenues. EVgo’s network throughput for the quarter was 78 Gigawatt-hours (GWh), a growth of 111% year-over-year. The company added over 147,000 new customer accounts during the third quarter, bringing the overa

The Wall Street CEO raising his hand to run Trump’s economy

(Bloomberg) -- The text to Elon Musk: a picture of giant scissors. Musk’s text back: a picture of a sword.Most Read from BloombergThe Leaf Blowers Will Not Go QuietlyArizona Elections Signal Robust Immigration Enforcement Under TrumpScoring an Architectural Breakthrough in Denver’s RiNo DistrictKey Ballot Initiatives and Local Races Highlight Views on Abortion, ImmigrationThe person on the other end: Howard Lutnick — Wall Street billionaire, MAGA believer and head-hunter-in-chief to Donald Trump

Apollo Invests in Fintech to Boost Service for Private Markets

(Bloomberg) -- Apollo Global Management Inc. is investing in startup Vega and adopting its technology that looks to improve service for clients looking to further their investments in private markets. Most Read from BloombergThe Leaf Blowers Will Not Go QuietlyArizona Elections Signal Robust Immigration Enforcement Under TrumpScoring an Architectural Breakthrough in Denver’s RiNo DistrictKey Ballot Initiatives and Local Races Highlight Views on Abortion, ImmigrationThe asset management giant and

Novogratz, Winklevoss Twins See Wealth Surge on Bitcoin Revival

(Bloomberg) -- Two years ago, the sudden collapse of Sam Bankman-Fried’s FTX sent several of the world’s high-flying crypto billionaires scrambling to preserve their wealth from the regulatory backlash to come.Most Read from BloombergThe Leaf Blowers Will Not Go QuietlyArizona Elections Signal Robust Immigration Enforcement Under TrumpScoring an Architectural Breakthrough in Denver’s RiNo DistrictKey Ballot Initiatives and Local Races Highlight Views on Abortion, ImmigrationBitcoin’s surge to a