Investing.com -- Lime, the electric bike and scooter rental company backed by Uber, plans to raise funds through a U.S. initial public offering that could value the firm at up to $1.66 billion.
News
High-signal headlines only - macro events, earnings, M&A, regulatory. Listicles and analyst clickbait filtered out by default. Refreshed hourly.
The healthcare company is eyeing opportunities related to artificial intelligence, which it believes can enhance its operations.
SpaceX said on Monday it launched an offering of senior unsecured notes and disclosed that it held approximately $100.8 billion in cash and cash equivalents as of June 19.
With ETF outflows persisting and selling "nearly exhausted," analysts say Bitcoin is range-bound and waiting for a catalyst.
SpaceX just bought Cursor, which could look like a massive bargain in retrospect.
Investing.com -- Credo Technology Group (NASDAQ:CRDO) shares climbed 3.5% on Monday after Evercore ISI analyst Mark Lipacis initiated coverage with a roaring Outperform rating and a $325 price target. Following Friday’s close at $271.83, Lipacis’s target hands the high-speed connectivity challenger a premium of roughly 20% above its current record-high trading levels. In a detailed note to clients, Lipacis argued that Wall Street is completely misjudging the scale of Credo’s long-term opportunit
Amazon Prime Day starting on Tuesday will be a litmus test of U.S. shoppers' spending power, with the earlier-than-usual sales event increasingly centered on perishable groceries, household basics and back-to-school needs rather than carefree splurges. The four-day blitz running June 23 to 26, comes after Amazon shifted it from July, citing a calendar crowded by the FIFA World Cup and the 250th anniversary of U.S. independence. What shoppers add to their carts is as important as how much they spend, helping gauge whether recent U.S. consumer resilience is holding or beginning to crack.
The e-scooter and e-bike rental company is offering shares at $24 to $26 each, with Uber indicating interest in buying up to $20 million worth
Tesla (TSLA) has taken a lot of criticism for its self-driving ambitions. Regulators have cast doubt on the company’s safety assertions. Critics say Full Self-Driving is still an overhyping of what the system can perform. And competitors in China have been working hard to develop their own superior ...
Pre-Market Stock Futures: Futures are trading mixed as we prepare to finish the last full week of the second quarter. We finished a wild holiday-shortened trading week last Thursday, as Friday was the federal Juneteenth holiday, and all major indices rebounded smartly from the Federal Reserve-induced sell-off on Wednesday. Details of the signed memorandum of ... Here Are Monday’s Best Wall Street Analyst Research Calls: Accenture, Apple, Boyd Gaming, BWX Technologies, Conoco-Phillips, Estee Laud
Alan Greenspan’s time at the Fed was punctuated by numerous peaks and troughs for the US economy and several of the world’s most momentous events. He died Monday at age 100.
Mark July 29 on the calendar. That is the next scheduled FOMC decision, and according to JPMorgan Asset Management CIO Bob Michael, every Fed meeting is now live for a potential rate hike, including the one roughly six weeks away. Michael told CNBC’s Closing Bell Overtime that new Fed Chair Kevin Warsh‘s first meeting delivered ... Circle Your Calendars for July 29. JPMorgan Executive Says Fed Chair Kevin Warsh Could Raise Rates in As Little as Six Weeks.
(Bloomberg) -- Former New York Governor Andrew Cuomo is starting a second act: Helping cryptocurrency exchange operator OKX and the owner of the New York Stock Exchange build a new business that merges digital and traditional finance markets. Most Read from BloombergIran Says Hormuz Closed Again as Talks With US Set to OpenUS and Iran Make ‘Progress’ in Talks, Aim to Keep Hormuz OpenIranian Negotiators Said to Still Be Engaged in Talks With USDOJ Rejects Judge Request to Certify $1.8 Billion Fun
The 2.7-gigawatt project will have its own on-site power plant fueled by Chevron’s local natural-gas production.
In the annals of risk-taking bosses, perhaps none have outdone Michael Saylor. Strategy was improbably worth $130 billion when he tried an unorthodox financing method that experts warned risked disaster.
Wall Street was expecting more interest rate cuts this year, but it might get the opposite.
The company develops technology it describes as the “brain” for autonomous vehicles. It sells driving assistance systems to carmakers.
By Kanchana Chakravarty June 22 (Reuters) - BofA Global Research expects the Federal Reserve to hike interest rates by 75 basis points in 2026, it said on Monday, citing resilient economic data and
June 22 (Reuters) - AbbVie said on Monday it would buy biotech Apogee Therapeutics for $10.9 billion in cash, as the U.S. drugmaker builds its next-generation immunology pipeline.
By Leo Marchandon PARIS, June 22 (Reuters) - Limits on access to some U.S. artificial intelligence services are pushing major European companies to speed up spreading risk across multiple providers
Digital infrastructure company ITG is targeting a valuation of up to $2.67 billion in its U.S. market debut, joining a string of issuers rushing to capitalize on AI-driven demand and benefit from a busy summer IPO window. The post-SpaceX IPO market has remained busy as companies rush to seize the strong conditions for new listings before the traditional summer lull kicks in. Uber-backed electric-bike startup Lime and silver miner Sinda also launched their U.S. initial public offering roadshows on Monday.
Binance CEO Changpeng Zhao shares his thoughts with Yahoo Finance Executive Editor Brian Sozzi on the upcoming SpaceX IPO and explains why retail excitement for new tech and AI companies won't compete with crypto.
A well-funded SpaceX is oddly good news for Rivian.
(Bloomberg) -- Mat Ishbia’s frustration was boiling over. The billionaire chief executive was trying to salvage a deal he described in February as a “strategic inflection point” for his company, United Wholesale Mortgage. After months of back-and-forth — and a steep decline in his own wealth — he didn’t hold back. Most Read from BloombergIran Says Hormuz Closed Again as Talks With US Set to OpenUS and Iran Make ‘Progress’ in Talks, Aim to Keep Hormuz OpenIranian Negotiators Said to Still Be Enga
Despite the passage of state legislation and a federal court settlement aimed at taming credit and debit card fees, the card networks and their issuers prevailed in the first half of this year.
Global Healthcare Opportunities and CBC Group discussed launching a new global fund after their merger, the firms’ heads said, as the healthcare investors move to tap into Asia’s rise as an innovation hub.
The moves suggested a reset for U.S. Treasury yields tied to the surprisingly hawkish tone established by new Federal Reserve Chairman Kevin Warsh last week, who hinted toward near-term rate hikes to tame price pressures and break a long run of missed inflation targets. “We recognize that inflation has been running well ahead of the Fed’s long-stated inflation goal of 2% that’s been going on for more than five years,” Warsh told reporters in Washington last week after his first press event as Fed chairman. The Fed’s economic forecasts slashed 2026 GDP predictions to 2.2%, and added 90 basis points to its headline PCE inflation estimate, taking it to 3.6%.
The history of American business is filled with founders who took huge risks. Steve Jobs made gutsy bets on the Macintosh, iPod and iPhone. When Jobs unveiled the iPod, Apple was worth less than two-tenths of a percent what it is today.
U.S.-Iran talks continue in Switzerland, housing is out of its deep freeze, the next hot quantum stock is an AI data center play, and more news to start your day.