Stock Market
Planet Fitness Undergoes Leadership Transition
In a surprising turn of events, the board of Planet Fitness (PLNT) announced on Friday its decision to initiate a leadership transition, marking a significant...
Instacart Revises IPO Terms, Aims for $10 Billion Valuation
Grocery delivery service Instacart made a significant move on Friday, revising its initial public offering (IPO) terms in response to strong investor demand. The company...
Economists Anticipate Federal Reserve Interest Rate Hike
Economists surveyed by Bloomberg News anticipate that the Federal Reserve will enact one additional interest-rate hike in the current year, with rates poised to remain...
Novartis Shareholders Back Sandoz Spinoff with 99.7% Support
Novartis shareholders voted in favor of the spinoff of the Swiss pharmaceutical giant’s generic-drugs arm, Sandoz, during an extraordinary general meeting held on Friday. An...
Arm Holdings Stock Rockets 25% Above Debut Price, What Next?
SoftBank Group’s technology investment arm, Arm Holdings, made a resounding entry into the public market on Thursday, with its stock surging nearly 25% above its...
Arm Holding Soars in Nasdaq Debut, Valued at $65B
In a resounding testament to investor confidence, shares of Arm Holdings, a subsidiary of SoftBank, witnessed a meteoric rise before the bell on Friday following...
US Stocks Open Lower, Failing to Sustain Previous Day’s Rally
US stocks opened Friday on a lower note, unable to extend the momentum from the previous day’s surge. The S&P 500 edged down by 0.3%,...
Market Closing: Stocks Surge Amid Inflation and Retail Sales Data
Wall Street witnessed a remarkable surge in stocks on Thursday, fueled by a combination of robust retail sales and wholesale price inflation data, all while...
Buffett’s Berkshire Trims HP Holdings, Sells 5.5M Shares
In a surprising move, Warren Buffett’s conglomerate, Berkshire Hathaway, announced the sale of 5.5 million shares of HP Inc. this week, marking a significant departure...
Arm Storms Public Markets with $60B+ Valuation
British chipmaker Arm made a resounding entrance into the public markets on Thursday, igniting excitement among investors and analysts alike. The company’s shares surged, marking...
