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SpaceX selloff's an ominous sign as lockup expiry loomsSpaceX shares have fallen below their initial public offering price, signaling potential future volatility. Insider restrictions are set to...- SpaceX shares decline for first time since blockbuster debutSpaceX shares experienced their first decline since their IPO on Wednesday, ending a three-day rally that briefly surpassed Amazon's valuat...
- Honk Kong, India fuel blockbuster year for Asia fundraisingHong Kong's stock market has experienced a remarkable turnaround. Share sales have surged, making it Asia's leading fundraising hub. This b...
- Indian market braces for expiry of $4 billion of IPO lock-insLock-in expiries on $4 billion of newly listed Indian shares added pressure to a stock market already down $1 trillion since December. Weak...
- Surprise corporate actions by tech darlings Nykaa, Paytm spur scrutinyFirst it was FSN E-Commerce Ventures, the owner of Nykaa, which announced a bonus share issue to coincide with the expiry of an IPO lockup ...
- Razorpay, Cashfree in RBI’s crosshairs; Meta takes down Indian firm’s spyware networkEarlier this year, the RBI gave an in-principle nod to Razorpay and Cashfree for their payment aggregator (PA) licence applications. Five m...
- IPO pipeline in India seen active in 2023 on smaller dealsSeveral of the country’s major startups shed billions of dollars in value since their listing as concerns over high valuations and rising i...
- Newly-listed stocks will have to pass two tests on Dalal Street"From earnings surprise perspective, there is probably more upside in cyclicals."
- China stocks snap uptrend as consulate closure sets stage for profit takingThe Shanghai Composite Index fell 0.2% to 3,325.11 and the blue-chip CSI300 index was pretty much flat
- Deutsche Bank braces for $7 billion loss, may scrap dividendDeutsche bank expects a third-quarter loss of $7 billion after writing down the value of its two largest divisions and boosting reserves fo...
- Mark Zuckerberg is no longer among the world's 10 richest technology billionairesFacebook CEO Mark Zuckerberg is no longer among the world's 10 richest technology billionaires. He is now worth $10.2 billion.
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