Page 33 - Echo Wang News Today

Echo WangDavid French 4 minute read Robinhood logo is seen on a smartphone in front of a displayed stock graph in this illustration taken, July 2, 2021. REUTERS/Dado Ruvic/Illustration/File Photo July 28 (Reuters) - Robinhood Markets Inc, the owner of the trading app which emerged as the go-to destination for retail investors speculating on this years "meme stock trading frenzy, raised $2.1 billion in its initial public offering on Wednesday. The company was seeking to capitalize on individual ...

4 Min Read (Reuters) -Robinhood Markets Inc, the owner of the trading app which emerged as the go-to destination for retail investors speculating on this year’s “meme’ stock trading frenzy, raised $2.1 billion in its initial public offering on Wednesday. Robinhood logo is seen on a smartphone in front of a displayed same logo in this illustration taken, July 2, 2021. REUTERS/Dado Ruvic/Illustration The company was seeking to capitalize on individual investors’ fascination with cryptocur...

Robinhood, gateway to meme stocks, raises US$2.1 billion in IPO Toggle share menu Advertisement Robinhood, gateway to meme stocks, raises US$2.1 billion in IPO :Robinhood Markets Inc, the owner of the trading app which emerged as the go-to destination for retail investors speculating on this years "meme stock trading frenzy, raised US$2.1 billion in its initial public offering on Wednesday. FILE PHOTO: Robinhood logo is seen on a smartphone in fro...

Duolingo enters ‘major leagues’ with $6.5 billion valuation in strong debut FILE PHOTO: Smartphone with displayed Duolingo app is placed on the keyboard in this illustration taken, June 29, 2021. REUTERS/Dado Ruvic/Illustration July 28, 2021 By Echo Wang and Niket Nishant (Reuters) -Language learning app Duolingo Inc notched a valuation of $6.5 billion after its shares surged nearly 40% in the company’s Nasdaq debut on Wednesday, becoming the latest education technology startup to impres...

Article content NEW YORK — Artificial intelligence computing company Blaize Inc has raised $71 million from investors including Temasek and Franklin Templeton, according to people familiar with the matter. The El Dorado Hills, California-based company is also in early-stage talks with special purpose acquisition companies (SPACs) about a potential deal that would take it public, the sources added. We apologize, but this video has failed to load. Try refreshing your browser, or AI startup Bla...

By Syndicated Content By Echo Wang and Krystal Hu (Reuters) – Robinhood Markets Inc is considering launching U.S. retirement accounts, CEO and co-founder Vlad Tenev said on Saturday in a webcast with users of its trading app looking to participate in its initial public offering, which is set to price next week. The online brokerage has about 18 million funded investment accounts on its platform, most of which are held by retail traders. Offering individual retirement accounts (IRA...

Vaccine vial maker Stevanato raises $672 million in U.S. IPO Reuters 2 hrs ago By Echo Wang © Reuters/REMO CASILLI FILE PHOTO: A medical worker at the COVID-19 mass vaccination centre at the Cecchignola military compound, in Rome, Italy By Echo Wang NEW YORK (Reuters) - Stevanato Group S.p.A., an Italian maker of glass vials for COVID-19 vaccines and other healthcare products, raised $672 million in a downsized initial public offering on Thursday. Stevanato said in a stat...

Analysis-U.S. IPO market a danger zone for Chinese firms after Beijing crackdown 07/08/2021 | 01:37am EDT Send by mail : Message : Required fields HONG KONG/NEW YORK (Reuters) -Chinas stepped-up scrutiny of overseas listings by its companies and a clampdown on ride-hailing giant Didi Global Inc soon after its debut in New York have darkened the outlook for listings in the United States, bankers and investors said. On Tuesday Beijing said it would strengthen supervision of all Chinese firms lis...

Echo WangNiket Nishant 2 minute read A man walks past a Krispy Kreme "Hot Now" neon sign in Times Square in the Manhattan borough of New York City, New York, U.S., October 16, 2020. REUTERS/Carlo Allegri/File Photo June 30 (Reuters) - Doughnut chain Krispy Kreme priced its initial public offering well below the planned range to raise $500 million, indicating a lukewarm reception from investors during one of the busiest weeks for stock market debuts in the United States. The company priced 29.4 ...

China’s Didi raises $4.4 billion in upsized U.S. IPO FILE PHOTO: A Didi logo is seen at the headquarters of Didi Chuxing in Beijing, China November 20, 2020. REUTERS/Florence Lo/File Photo June 30, 2021 By Echo Wang, Anirban Sen and Scott Murdoch (Reuters) – Chinese ride hailing company Didi Global Inc raised $4.4 billion in its U.S. IPO, pricing it at the top of its indicated range and increasing the number of shares sold, the company said. Didi sold 316.8 million American Depository S...