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US stock market Santa Claus rally – Wall Street eyes new record as Dow, S&P 500, Nasdaq on the move; gold and silver extended a blistering runThe Dow Jones Industrial Average sat at 48,686.73, down 44.43 points or 0.09%. S&P 500 held at 6,937.95, up 5.90 points or 0.09%. Nasdaq Co...
US Stock Market Top Gainers: Robinhood, AppLovin, Quantumscape lead Wall Street rally as Nasdaq, S&P hit record highsUS stocks surged today, with Nasdaq and S&P 500 hitting record highs while the Dow remained steady. Wall Street saw strong buying in tech, ...
Why is tech giant SoftBank investing over $100 billion in the US?Japanese tycoon Masayoshi Son pledged a $100 billion investment in U.S. projects, aiming to create 100,000 jobs through AI infrastructure d...
Digit cuts valuation for IPO; Internet firms vs Google in NCLATInsurtech startup Digit is eyeing a discounted $3 billion valuation through its proposed public offering. Details on this and more in today...
Farfetch to be acquired by Coupang for $500 millionFarfetch, which is based in London, was once feted as the most dominant force in luxury fashion. It went public on the New York Stock Excha...
Rajeev Misra’s $7 billion fund scouting for India opportunities after debut investment in Shapoorji PallonjiRajeev Misra told ET in an interview that One IM, which currently has a corpus of $7 billion, participated in a debt issue floated by the S...
SoftBank CEO Masayoshi Son to skip earnings call for first time as tech slumpsThe founder and chief executive of the world’s largest tech investor bade farewell in November to the earnings presentations he’s led for d...
2022 Year in Review: the biggest stories in technology & startups this yearFrom controversies and regulatory diktats to high-profile exits and en masse layoffs, 2022 was a turbulent year for the tech industry.
Superlatives abound in 26% S&P rally in 2021The most all-time highs in 26 years. Triple-digit rallies in some small caps thanks to retail-trader frenzies. A $1 trillion rout after Chi...
SoftBank breaks profit recordsIn today's ETtech Top 5 newsletter: SoftBank has clocked the highest ever profits for a Japanese firm, eBay taps into the phenomenon that i...
S&P 500, Dow end at record highs after upbeat jobless claims dataMega-cap stocks Microsoft Corp, Apple Inc, Facebook Inc and Amazon.com Inc led the rally, recouping losses from a recent pullback and helpi...
Coupang raises $4.6 billion in biggest US IPO so far this yearCoupang had priced 130 million shares sold in the IPO at $35 apiece, higher than the marketing range $32-$34 per share, giving the Seoul-he...
SoftBank shares hit record high as online backers celebrateShares in SoftBank, a heavily weighted component of the Nikkei 225 index which is trading at 30-year highs, closed up 4% at 10,420 yen, abo...