A broad stock market rally was the hallmark of last week’s trading action. The Federal Reserve signaled a pause on interest rate hikes and three possible rate cuts next year. To that end, the CE 100 Index was swept up in the optimism and was...
The Fed’s signaled a pause for now — and rate cuts on the horizon. The near-term horizon, that is, and as has been widely reported, the central bank anticipates that there are as many three cuts to come in 2024. If interest rates back off...
Investment firm General Atlantic has reportedly confidentially filed for an initial public offering (IPO). The firm, which is known for its successful investments in companies like Facebook and Airbnb, is considering listing as early as next year, depending on market conditions, Bloomberg reported Monday (Dec. 11), citing unnamed sources....
Panera Brands, the casual dining group owned by investment group JAB, has confidentially filed paperwork for an initial public offering (IPO) in the U.S., according to sources familiar with the matter. The Missouri-based group is planning to go public in 2024, signaling a potential revival...
And now, we’re back to the regularly scheduled stock market volatility. The short trading week is behind us, and so is Thanksgiving and Black Friday. And the initial read across is that buy now, pay later (BNPL) was a strong winner as consumers opted for...
Payments company PayU plans to go public in India in the second half of next year. Ervin Tu, interim CEO of parent company Prosus, revealed that information Wednesday (Nov. 29) during an earnings call, per a report by Reuters. The company’s half-year earnings show that...
Lineage Logistics, a major player in the cold storage and logistics industry, is reportedly aiming for a valuation of over $30 billion in its upcoming initial public offering (IPO). The firm and its advisers are engaged in discussions with potential investors to garner support for...
Reddit is reportedly in talks with potential investors for an initial public offering (IPO). The social media company is considering going public as early as the first quarter of 2024, Bloomberg reported Monday (Nov. 27), citing unnamed sources. Reached for comment, a Reddit spokesperson declined to comment on...
Shein has reportedly confidentially filed to go public in the United States, potentially making it one of the biggest initial public offerings (IPOs) in recent years. The online fashion company’s IPO is expected to take place in 2024, the Wall Street Journal (WSJ) reported Monday (Nov. 27), citing...
