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NIKET NISHANT
European shares gain as upbeat data and strong earnings lift sentimentEuropean markets extended their rally on Thursday, buoyed by encouraging economic data and robust corporate earnings. Strong results from T...- European stocks pause rally as traders assess Venezuela fallout ahead of dataWhile markets have largely looked past the flare-up in global geopolitical risks, Wednesday's pause could be a healthy reset as investors w...
- Mastercard Q1 Results: Profit beats St expectations as consumer spending defies inflation worriesMastercard's Q1 profit exceeded expectations with solid results driven by consumer spending. Asia Pacific travel trends and cross-border sp...
- Berkshire shares ends in red as US threatens to sue unit over wildfire costsThe investment conglomerate had warned on Saturday that the parent of PacifiCorp and one of Berkshire's biggest businesses outside insuranc...
- Citigroup considering at least 10% job cuts in major businesses, says CNBCCitigroup's managers and consultants have reportedly discussed potential job cuts of at least 10% in several major business segments as par...
- Morgan Stanley Q3 Results: Profit shrinks as deal slump lingersMorgan Stanley reported a 9% decline in profit for the third quarter, due to slow dealmaking, which caused its shares to drop nearly 3% in ...
- Instacart's stock ends below IPO price for first timeMeanwhile, shares of Klaviyo, which debuted last Wednesday, dipped 1.6% to $34.11. The marketing automation firm's stock remains above its ...
- Instacart raises IPO price range after robust Arm debutTraditional U.S. IPOs have raked in more than $5 billion so far in September, according to data from Dealogic, already the second biggest m...
- US bank stocks drop as Moody's downgrade sours sentiment"The overnight news doesn't really dent our view on U.S. banks because we have been favoring quality and liquidity as a whole, our view on ...
- AI startup Inflection raises $1.3 billion from Microsoft, othersInflection's funding comes less than two months after the company, founded by LinkedIn co-founder Reid Hoffman and Google DeepMind co-found...
- BlackRock files for bitcoin ETF in push into cryptoBlackRock, the world's biggest asset manager, has filed an application with the US SEC for a bitcoin exchange-traded fund (ETF) called the ...
- Goldman Sachs profit falls in first quarter as dealmaking sputtersGoldman booked a $470 million loss on the sale as the bank rejigs its strategy after a foray into consumer banking, which Chief Executive D...
- Banks sucked into global rout as SVB crisis spooks investorsThe brutal rout in the lender's stock spilled over into other U.S. and European banks as the episode spread concern about hidden risks in t...
- EV startup Rivian could be worth nearly as much as Honda in US IPORivian — the Amazon-backed EV startup that rivals Tesla — is looking to raise up to $8.4 billion, setting it up to be the third-largest IPO...
- Twitter to sell mobile ad unit MoPub to AppLovin for $1 billionMoPub, which generated about $188 million in annual revenue for Twitter last year, allows companies to keep track of ad inventory in real t...
- Amazon settles with employees fired for criticising working conditionsAmazon had terminated the employment of Emily Cunningham and Maren Costa, who had accused the company of enforcing policies in a discrimina...
- Amplitude valued at $5 billion after shares jump in Nasdaq debutAmplitude, which confidentially filed for a direct listing in July, was valued at $4 billion after raising $150 million from Sequoia Capita...
- Coinbase valuation tops $100 bn as share price surges to $381 on Nasdaq debutAt $381, Coinbase has a fully diluted valuation, which includes unvested stock options and restricted stocks, of $99.95 billion and a marke...
- Coupang surges to over $100 billion valuation after $4.6 billion IPOCoupang share price soared 81% to open at $63.50 apiece on the NYSE. This after South Korea's largest e-commerce firm sold 130 million shar...
- Jack Dorsey's Square puts 'skin in the game' with $170 million more in bitcoin buySquare bought 3,318 bitcoins in the fourth quarter, adding to the mainstream acceptance of the digital currency that has been winning suppo...
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