US Tech IPO Market Experiencing Worst Year Since 2008 Global Financial Crisis
The IPO market for US tech firms for this year has been the worst since 2008’s financial crisis due to several economic factors.
This category covers crypto market news today, including crypto index trends, major exchange data, capital flows, sentiment shifts, regulation impact and crypto’s interaction with traditional finance. Designed to help you understand the forces driving valuation across tokens, sectors and regions.
The IPO market for US tech firms for this year has been the worst since 2008’s financial crisis due to several economic factors.
Leapmotor and Onewo saw their shares shrink after making their first appearances in the stock market.
The overselling that is currently being seen in European stock may be extended, according to Wells Fargo’s Chris Harvey.
The asset management company noted that its ETFs ARKQ and ARKK, which target autonomous technology and space exploration, made the purchase.
In its early days of launch, iPhone 14 is seeing weaker demand in one of Apple’s most formidable markets in China. The global macros are playing a key role in the demand drop worldwide.
S&P 500 futures declined further to set a new low record as Wall Street observers ponder what could come next.
Individual investors would get access to the VC market through the ARK Venture Fund for as little as $500.
Robinhood noted that users of the new web3 wallet would be able to trade and swap crypto and also enjoy no network fees.
Grab CEO and co-founder Anthony Tan noted that the company has been making intense efforts to improve its profitability.
Christie’s has launched a new dedicated department to capitalize on a growing wave of collectibles among younger people.
Streaming giant Netflix recently announced plans to establish its first-of-its-kind game studio to boost audience numbers.
India is the world’s second-largest market for smartphones and with the limited presence of Apple in the region, the move to add iPhone 14 production is considered one of the most strategic steps to dominate the market.
Euro at lowest level in 20 years in relation to the dollar, as energy woes continue to dictate the macroeconomic landscape.
CEO Brian Armstrong has weighed on the pros and cons of Coinbase going public last year. He says there’s more respect but also more scrutiny.
The surge in the US-Dollar index has created unrelenting pressure on the price of crude and commodities.