As one of the most lucrative sectors for the past few years, it comes as no surprise that biotech companies have dominated the world IPO market this week. A total of 10 of the 16 companies expected to list their shares hail from the biotech space, the likes of...
Dow Jones futures declined at a steady rate on Wednesday morning, with the S&P 500 and Nasdaq futures following closely in their footsteps. This news comes after the stock market's previous rally closed lower on Tuesday.
While Dow Jones futures declined by 0.4%, S&P 500 futures and Nasdaq 100 futures...
Acquiring shares of chipmaker Nvidia will be a lot easier in the future. The company announced a 10-for-1 forward stock split on Wednesday, which will come into effect on June 10.
Nvidia made the announcement while also reporting its quarterly earnings, which once again beat analyst expectations. The company’s revenue...
Edutech company Udemy fell 5.2% on Friday after making its stock market debut with an IPO of $29 per share. The company's share price was listed at $27.50 as the markets closed on Friday evening, giving Udemy a valuation of $3.8 billion.
The San Francisco-based massive open online course provider...
Firefly Aerospace confirmed on Tuesday that it has raised approximately $75 million in private capital funds. These new funds, which are just part of a two-phase effort to inject $400 million into the company, enable the company to edge ever closer to its goal of attaining a billion-dollar value...
Over a dozen U.S. regulators have made allegations against Apple Inc, stating that the tech giant misled customers over information regarding the iPhone’s battery power, as well as software updates that hamper the smartphone’s performance. As a result, Apple has agreed to a settlement worth $113 million, valid in...
Dana Gas PJSC, a natural gas company based in the United Arab Emirates, agreed to sell its oil and gas fields in Egypt for as much as $236 million. This sale will enable the firm to repay a portion of the debt owed from its Islamic bonds that will...
The California-based electric vehicle manufacturer Fisker (FSR) enjoyed a rise in its stock during its debut on the New York Stock Exchange this Friday.
This came after the American electric vehicle company entered into a $2.9 billion merger with Spartan Energy. Funded by private equity firm Apollo Global Management (APO),...
With Beijing tightening its oversight on some of China's biggest tech firms, Xiaomi has made a bid to market a dollar bond deal to international investors. The tech firm is looking to raise $1 billion from this effort, which would include a rare green bond tranche.
Prior to beginning...
Tech giant Apple has lost its position as the most valuable company in the world. According to Refinitiv, a global financial market data, and infrastructure provider, Apple was surpassed by Saudi Aramco. The Saudi Arabian public petroleum and natural gas company is now worth $2.43 trillion, while Apple dropped...









