SoftBank-backed PayPay has taken a major step toward the public markets, making public its paperwork for a US initial public offering that could rank as the biggest US listing ever …
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Fastly stock dubbed an ‘underappreciated AI play’ after blockbuster Q4 earnings
by adminby adminFastly Inc (NASDAQ: FSLY) just reported its first profitable year on a non-GAAP basis, triggering what many media reports are framing as a “short squeeze”. In Q4, the cloud-computing company …
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Kraft Heinz surprised markets on Wednesday by pressing pause on plans to explore a potential breakup. For months, the investors were debating whether splitting the packaged-food giant could revive growth …
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India’s top jewellery maker, Titan Co., is reporting that customers are becoming cautious, with record-high gold prices dampening demand in the world’s second-largest bullion market. Sales growth is now primarily …
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Sam Bankman-Fried pushes for retrial, claims prosecutors pressured witnesses
by adminby adminSam Bankman-Fried has resurfaced on social media with fresh allegations about the conduct of US prosecutors during his criminal trial. The FTX founder claims that new evidence shows officials within …
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US jobs report surprises with 130,000 hires in January as rate cut hopes fade
by adminby adminUS employers added far more jobs than expected in January, delivering a rare upside surprise after months of subdued hiring and easing fears that the labor market was sliding into …
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US equities moved higher on Wednesday after a stronger-than-expected January jobs report eased concerns about slowing economic momentum and reinforced confidence in the resilience of the labour market. The Dow …
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Agibank raises $240M in New York IPO as Brazilian fintechs return to US markets
by adminby adminAgibank, the second Brazilian fintech to access US capital markets in recent weeks, announced on Wednesday that it had raised $240 million in its New York IPO. In contrast to …
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Wall Street likes Reddit stock again: why analysts are backing bullish targets
by adminby adminReddit stock (NYSE: RDDT) is once again drawing attention on Wall Street. After spending much of last year under a cloud of doubt over growth and monetisation, the social platform …
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Cloudflare stock price surged by over 15% in the extended hours after the tech giant released strong financial results and boosted its guidance amid the ongoing AI demand. NET jumped …