CoreWeave raised $1.5B in its IPO, selling ~37.5M shares at $40 each, down from a planned 49M shares at $47-$55; source: Nvidia anchored with a ~$250M order
but many buzzy tech IPOs remain in the pipeline Thomas Maxwell / Gizmodo : CoreWeave Is at the Center of the AI Revolution, and Its IPO looks Like a House of Cards Helene Braun / CoinDesk : CoreWeave ...
Analysis: in 2024, ~66% of 39 public digital health companies lost value, while the Nasdaq rose 32%; in 2021, digital health startups raised a record $29.1B
Post-pandemic demand waned, bringing down former high fliers like Teladoc (-96% from 2021 highs) and Progyny (-60% YTD). … X: Ashley Capoot / @ashleycapoot : New: It's been nearly 5 years since Covid ...
Temu bought six Super Bowl ad slots, likely for tens of millions, to win back US shoppers; US observed sales fell 12.5% MoM in December 2023 and 4.8% in January
the results of running the same commercial 5 times Gabrielle Fonrouge / CNBC : Temu returns to Super Bowl ad slate as lawmaker ire swells X: @tayredacted : Temu used y'all's credit card info to buy tw...
DoorDash plans to transfer its listing from the New York Stock Exchange to the Nasdaq and begin trading there on September 27, 2023, under the same symbol, DASH
in layman's terms — a pretty big diss to the NYSE, which has aimed to secure more tech listings in recent years. @CNBC https://www.cnbc.com/...
Amazon reports Q2 revenue up 11% YoY to $134.4B, a $6.7B net income, vs. a $2B net loss in Q2 2022, AWS segment sales up 12% YoY to $22.1B; AMZN jumps 9%+
now 60% of units sold are from third parties. Likely explains the wildly varying quality of what customers receive @thetranscript_ : $AMZN segments net sales Q2 23 YoY growth rates: —North America: +1...
Bitcoin fell to under $18K on Saturday, below its $19,511 high during its 2017 bull cycle, as ether dropped below $1K; both are down 70%+ since November 2021
what this means Robert Reich / The Guardian : The Crypto Crash: all Ponzi schemes topple eventually Hudson Lockett / Financial Times : Celsius warns it will ‘take time’ to stabilise as bitcoin hovers ...
Nvidia reports Q1 revenue up 46% YoY to $8.29B, including Data Center up 83% to $3.75B and Gaming up 31% to $3.62B, forecasts Q2 below estimates; stock down 5%+
Here's Why the Stock Could Be a Solid Buy Wallace Witkowski / MarketWatch : Nvidia stock drops as China COVID shutdowns weaken outlook Tweets: Mark Tepper / @marktepperswp : Another company is slowing...
Commonstock, a social network for retail traders that requires them to link their brokerage account before posting about their investments, raises $25M Series A
Kate Rooney / CNBC : Tweets: @kr00ney , @kwharrison13 , and @gavinsbaker Tweets: Kate Rooney / @kr00ney : Social media network Commonstock betting that enthusiastic retail traders are here to stay & ...
Snap reports Q2 revenue of $388M, up 48% YoY, vs. $359.7M est., DAUs of 203M, up 8% YoY, and that its net loss shrunk from $353M to $255M YoY; stock jumps 13%+
Snap Inc. has been slowly righting its ship recently … Chance Miller / 9to5Mac : Snap reports strong Q2 earnings, beating revenue and daily active user expectations Tweets: Meg Graham / @megancgraham ...