Stock Market
Klaviyo Shares Surge 20% Above IPO Price
In a resounding display of investor confidence, Klaviyo (KVYO), the Boston-based marketing automation powerhouse, is poised to kick off trading with shares surging up to...
General Mills Shines in Q1: Exceeds Sales and Profits Targets
General Mills, the multinational packaged food company, reported robust first quarter (Q1) sales and profits on Wednesday, surpassing market expectations. This accomplishment comes in the...
Instacart Shares Decline After Promising Nasdaq Debut
Instacart, which saw its initial public offering (IPO) on Monday, emerged with a staggering valuation of nearly $9.9 billion. However, in a twist of market...
Dow and S&P Edge Up Before Fed Decision
In a cautious ascent, Wall Street stocks edged higher on Wednesday morning as investors braced themselves for the anticipated Federal Reserve announcement regarding interest rates....
Market Reacts to Instacart IPO and FOMC Meeting
Tuesday closed with a significant stock market recovery as the Federal Open Market Committee (FOMC) embarked on its latest policy meeting, while investors closely scrutinized...
Investor Confidence Wanes as Arm Holdings Shares Decline
Shares in Arm Holdings experienced a 4.6% drop on Tuesday, marking the third consecutive daily decline for the chip designer in its initial four sessions...
$10 Billion Valuation: Instacart Nasdaq Debut Triumph
San Francisco-based grocery delivery app, Instacart, made a highly anticipated debut on the Nasdaq on Tuesday, with its stock opening at $42 per share, surpassing...
Rocket Lab Shares Plunge 26% After Lunar Mission Setback
Shares of Rocket Lab USA (NASDAQ: RKLB) tumbled by 26% on Tuesday, following an unforeseen setback in the company’s latest mission. The Lunar Orbiter mission,...
Goldman Sachs Stands Firm Behind CEO Solomon
In a recent meeting with Wells Fargo banking analyst Mike Mayo, the lead director of Goldman Sachs, Adebayo Ogunlesi, expressed strong support for CEO David...
Nasdaq Debut Propels Arm to $54.5 Billion Valuation
In a remarkable debut on the Nasdaq on Thursday, Arm, the British chipmaker, surged to a staggering valuation of $54.5 billion, sparking speculation within the...