Indian Prime Minister Narendra Modi appears set to win a third term, while South Africa's ruling African National Congress lost its 30-year parliamentary majority.
A photo illustration of the OPEC logo seen on a cell phone set against a green arrow in Brussels, Belgium on September 10, 2023.This report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Like what you see? You can subscribeinto 2025 amid lackluster demand. A smaller group from the alliance, including Saudi Arabia and Russia, will also extend voluntary cuts of 1.
According to the company, most of its 621,000 shareholders are retail investors. Its first filing as a public company revealed first-quarter losses of $327.6 million on less than $1 million in revenue. "It's a meme stock that has no fundamentals," Art Hogan, chief market strategist at B Riley Wealth, told Reuters. "The valuation of that stock has always been a bit of a question mark. It certainly isn't making any money and is trading almost at an unfathomable level.".
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