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Microsoft-Backed Rubrik's IPO Is 20 Times Oversubscribed

(Bloomberg) -- Rubrik Inc., a cloud and data security startup backed by Microsoft Corp., has drawn about 20 times as many orders for its planned initial public offering as there are available shares, people familiar with the situation said.Most Read from BloombergTaylor Swift Is Proof That How We Critique Music Is BrokenTesla Stock in ‘No Man’s Land’ After 43% Rout Ahead of EarningsTech Giants Roar as Tesla Spikes in Late Hours: Markets WrapRay Dalio’s Famous Trade Is...
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Source: yahoo.com

Tech Giants Roar as Tesla Spikes in Late Hours: Markets Wrap

(Bloomberg) — A rally in tech heavyweights lifted the broader stock market, with the group’s high-stakes earnings seen by Wall Street investors as a major test of the bull run in equities. In late hours, Tesla Inc. soared as the electric-vehicle giant said it will accelerate the launch of more-affordable models — and chief Elon…
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Asian Traders Await Key Data; US Futures Climb: Markets Wrap

(Bloomberg) — Asian markets were set for a muted open Monday as focus shifts to a slew of company earnings and economic data this week for insight into the direction of central bank policy.  US equity futures climbed in early trading after the S&P 500 fell for a sixth straight session on Friday, weighed by…
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Asian Stocks Rebound With Earnings, Data in Focus: Markets Wrap

(Bloomberg) — Asian stocks opened higher as focus shifted to a slew of company earnings and economic data this week for insight into the direction of central bank policy.  Benchmarks in Japan, Australia and South Korea all rose more than 1% early Monday, partially recovering after last week’s slump. The dollar was slightly weaker as…
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