The longstanding partnership between Microsoft and AMD has been a strategic alliance that has shaped the tech industry in various ways.
Matrixport still maintains a positive outlook for BTC even as the US SEC has delayed a decision on the seven applications for spot Bitcoin ETF on its desk.
The day’s trading was marked by mediocrity, with the European markets generally treading water before closing in the red.
A foray into traditional finance by Kraken would put the exchange in direct competition with US-based trading platform Robinhood.
Both Peloton and Lululemon will partner for 5 years as they hope to exchange benefits to help support the exercise and athletics businesses.
Concerns about higher interest rates can lead to reduced borrowing, higher financing costs, and a potential slowdown in economic activity.
Over the past three years, Costco has gained momentum, benefiting from trends such as increased home cooking, millennials moving into larger suburban homes, and inflation driving shoppers to seek value through memberships at warehouse clubs.
Evergrande has informed the Hong Kong Stock Exchange that it intends to delay a restructuring meeting because things are not going as planned.
Lumi IPO’s success is seen as a positive indicator for other Saudi companies contemplating going public.
Shares of Instacart are currently struggling to keep up with the rise recorded in the company’s debut on the Nasdaq.
Klaviyo priced its IPO at $30 per share, offering 19.2 million shares to the public. This pricing valued the company at $9 billion on a fully diluted basis.
For Q2 2023 which ended on June 30, Pinterest reported revenue of $708 million and global monthly active users of about 465 million.
Instacart had a successful IPO and closed the day 12% higher, reeling in $420 million in cash from the Nasdaq offering.
Although hundreds of billions away, Microsoft’s valuation is gradually closing in on that of Apple, racing to become the world’s largest.
The performance of Instacart IPO will provide valuable insights into the appetite for tech-driven companies and the willingness of investors to pay a premium for companies operating in sectors with significant growth potential.