Rainmaker Securities News Today

Welcome to bloomberg markets. Take a look at the markets. I have green on the screen behind me. The s p 500 up. 5. Same with big tech. Yields higher as well. Take a look at the 10year treasury yield higher by four basis points. Solidly over 4 . Added thanks to this mornings cpi data. Lets get a break down from mike mckeon. It came in hot. I would say it came in warm. The headline was that it was higher than expected coming in at. 4 rather than. 3 . A lot of that is due to energy and the fed will...

The dollar index is up. Trading at 12. 53. Near 20 year low come up about a points under the alltime high that it hit last year. Nymex crew to gaining almost two dollars a barrel. This is west texas intermediate at over 90. Pretty aggressive moves up in oil. Jonathan we are also watching tech in a big way. Some mix performance from these three names. Lets start with the losers hp under pressure that Warren Buffetts unloaded several million shares per yet we are seeing a touch of weakness in adob...

Apple kicked off its annual developer conference on Monday, where the technology giant showcased how it is integrating artificial intelligence across its software suite, including a revamped Siri voice assistant and a tie-up with ChatGPT owner OpenAI.

In the vast expanse of the cosmos, two unicorns reign supreme: the mythical Monoceros constellation and Elon Musk's SpaceX.

Contrary to the claims of TikTok itself, a new law does not ban the social media behemoth outright from the country. That's what lawmakers said was contained in the measure that President Joe Biden signed recently, along with military aid for Israel, Ukraine, and Taiwan. Rather, the Protecting Americans from Foreign Adversary Controlled Applications Act Contrary to the claims of TikTok itself, a new law does not ban the social media behemoth outright.

Experts say macroeconomic factors including the upcoming election and the current state of the economy will deter too many IPOs this year.

The answer depends partly on whether TikTok bundles the U.S. and international businesses, and if it includes its coveted algorithm.

The broad market is just off new highs and three $100 million IPOs have filed to go public in the past week, including Viking cruise line.

Reddit will be the first social media platform to go public in almost five years

If secondary buyers aren't buying shares at more than a $5 billion valuation, it wouldn't be wise for Reddit to price its IPO above that.