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...
Software startup Sprinklr is looking to target a $5 billion valuation through its Initial Public Offering (IPO) on the New York Stock Exchange, the company revealed on Monday. The company is determined to raise up to $380 million in its efforts. With high-profile customers including the likes of Microsoft Corp...
French cloud computing services company OVHcloud is expected to release its plan to list on the Euronext Paris stock exchange shortly, sources close to the issue revealed. According to industry analysts, OVHcloud could be expected to reveal an initial public offering (IPO) that values the company at several billion euros,...
Graphics processing unit manufacturer Nvidia Corp submitted an application to Chinese competition regulators for the review of the company's proposed takeover of the United Kingdom-based chip designer Arm. The deal, worth approximately $40 billion, could take up to 18 months to be processed depending on the length of the...
Thai fashion e-commerce startup Pomelo plans to offer its analytics and demand forecast technology to other fashion brands in the region, its chief executive recently announced. This comes as an effort to boost revenue for the company amid slowing physical store sales. Pomelo chief executive David Jou stated during an...
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...
Top chip buyers such as Apple Inc, Microsoft Corp, and Alphabet Inc's Google are in the process of joining together with chip manufacturers such as Intel Corp in a move to establish a new lobbying group aimed at pressing for government chip manufacturing subsidies. This group, the Semiconductors in America...
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...
With signs of oil recovery on the horizon, shares from the technology sector led a largescale rebound in stock gains. With investors largely deciding to dismiss earlier concerns of inflation, S&P 500 contracts rose despite hints at price increases. Some of the largest winners during pre-market trading were tech giants...
The end of Q1 has big tech companies posting results of their performance, which has naturally led to other conclusions being made about the state of the American economy today. Companies such as Microsoft, Facebook, Apple, and Google, all had representatives who discussed the state of work-life in America...