Bitcoin rises as investors seek a global safe haven amid shutdown
Bitcoin ticked higher on Wednesday while stock-linked assets fell after U.S. lawmakers failed to reach a government funding agreement, leading to a shutdown.
Warren Buffett is reportedly eyeing Berkshire Hathaway’s biggest deal in three years
The potential deal, which could finalize within days per the Journal, could be Berkshire’s largest since 2022 when it bought Alleghany for $11.6 billion.
New signs of a dealmaking comeback: What it means for Goldman Sachs investors
Investors got two new reasons to be optimistic about the Club stock this week.
Stocks making the biggest moves midday: Pfizer, Semtech, Spotify, UiPath, CoreWeave and more
These are the stocks posting the largest moves midday.
LG Electronics India IPO: Dates announced for Rs 15,000 crore IPO. Check details
LG Electronics India’s 15,000 crore IPO will open on October 7. The issue is an offer for sale from its Korean parent. All funds will go to the selling shareholder. LG holds a market leader position in home appliances. The company reported strong financials for fiscal 2024. This IPO is one of the biggest offerings […]
One-time ‘SPAC King’ Palihapitiya launches new blank-check vehicle with plan to ‘temper’ retail fervor
Palihapitiya launched American Exceptionalism Acquisition Corp. A, a $345 million SPAC that he said was more than five times oversubscribed.
Stocks making the biggest moves premarket: Firefly Aerospace, Instacart, Wolfspeed, Freeport-McMoRan and more
These are some of the stocks posting the largest moves in the premarket.
Here’s JPMorgan Chase’s blueprint to become the world’s first fully AI-powered megabank
JPMorgan, the world’s largest bank by market cap, is being “fundamentally rewired” to automate knowledge work across its operations, its data chief says.
SaaS platform Petpooja raises $15.4 million funding led by Dharana Capital
Petpooja, a software-as-a-service platform for restaurants, successfully raised $15.4 million (Rs 137 crore) in a funding round led by Dharana Capital. The capital infusion, which included participation from notable founders, will be utilized to enhance its product portfolio, invest in AI-driven automation, and bolster customer support.
Why is Tata Capital pricing its IPO far below unlisted levels?
Tata Capital’s ₹15,512-crore IPO is priced at ₹310-326 per share, a significant discount to its unlisted market price of ₹735. This has disappointed investors who bought unlisted shares at much higher valuations, expecting robust listing gains. Experts caution that unlisted market prices are often speculative and do not reflect final IPO valuations, a trend observed […]
