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CNBC Closing July 3, 2024

Sidelines for some six years rising stocks, falling sentiment, and where the stocks might be heading dan greenhouse is with me. Welcome back. Thank you, sir. Its interesting we have had resilient market, stocks rising again. I feel like sentiment is slipping, deteriorating. Is yours are you still bullish . Less so . Whats the story. I feel pretty much the same we have talked the last couple weeks that the market i hate say due for a correction, because that means nothing, but it felt like the in...
Like Market Bull Case Gross Margins Earnings Call Earnings Call Transcript Jay Powell

SoFi Trades on Nasdaq Following SPAC Deal

SoFi Trades on Nasdaq Following SPAC Deal Leading Fintech SoFi (NASDAQ:SOFI) has successfully listed on the Nasdaq as part of a SPAC deal with Chamath Palihapitiya’s Social Capital Hedosophia Holdings Corp. V. SoFi was valued at $8.65 billion post-money and the deal is expected to provide up to $2.4 billion in cash proceeds, including a PIPE of $1.2 billion, and up to $805 million of cash held in the trust account of Social Capital Hedosophia Holdings Corp. V. The vote to confirm the SPAC d...
Anthony Noto Fintech Ipos Capital Hedosophia Holdings Corp Chamath Palihapitiya Social Capital Hedosophia Holdings Corp Fintech Sofi Chamath Palihapitiya

Asian Fintech Grab May Pursue US IPO

Asian Fintech Grab May Pursue US IPO Southeast Asian Fintech Grab may pursue an initial public offering (IPO) during 2021, according to a report. Fintech is expected to be a hot sector for initial public offers this year with two already being completed. Last week, Affirm (NASDAQ:AFRM) blew the doors off its IPO. Priced at $49 a share Affirm traded at nearly double ending the day at $97.24 a share. Affirm has traded as high as $137+ a share. Just prior to Affirm, fast-growing Fintech SoFi a...
Kuala Lumpur South Korea Fintech Sofi Fintech Ipos Financial Group Hanwha Asset Management Co

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