News of New York

Klarna Secures Key Payment Partnership with Uber ahead of Highly Anticipated IPO
24 April 2024
2962
Klarna and Uber Forge Global Payment Revolution Klarna, the Swedish financial technology firm, has forged a groundbreaking global partnership with ride-hailing giant Uber, aiming to transform the payment ...
Rubrik's IPO Filing, Supported by Microsoft, Reveals $354 Million Loss
2 April 2024
4167
IPO Bound Rubrik Inc., a cloud and data security startup backed by Microsoft, is preparing for an IPO on the New York Stock Exchange under the ticker RBRK, highlighting its expanding role in the tech industry. Financial Hig...
Oaknorth Profit Soars with US Expansion Plans and IPO Consideration
25 March 2024
4063
Oaknorth Rockets to Record Profits Challenger bank Oaknorth celebrates a remarkable fiscal year marked by soaring profits and ambitious expansion plans, signaling its potential entry into the public market. In a stellar display of financial prowess...
WeWork's Bankruptcy under SoftBank's Ownership: A Former US Startup Leader
7 November 2023
4146
WeWork's Rise and Fall WeWork, once the poster child for the office-sharing revolution and a SoftBank-backed juggernaut, has sought refuge in U.S. bankruptcy protection, recognizing the adverse impact of costly leases and a workforce increasingly em...
Arm, SoftBank's Chip Designer, Initiates High-Profile IPO Filing
22 August 2023
3912
Unleashing AI Potential In a strategic move reflecting the AI computing trend, SoftBank's Arm is gearing up for a substantial US initial public offering (IPO). Leading financial institutions, including Barclays, Goldman Sac...
Rivian has its a horrible year ever
26 December 2022
4441
Rivian in 2022 Rivian's shares are trading at around $19.14, The Street reports. It's worth noting that Rivian is considered a major competitor to Tesla. Rivian (NASDAQ: RIVN) shares started the year at $103.69. They are currently trading around $1...
Goldman Sachs predicts lower US inflation next year
14 November 2022
5957
IPO market Goldman Sachs Group (NYSE: GS) CEO David Solomon expects the initial public offering market to recover in the coming months. "I think we're going through a period of reassessment of value expectations right now," he told CNBC host James ...
Wall Street's banks earn record amount for IPOs in 2021
20 January 2022
3890
Top banks JPMorgan Chase (JPM), Goldman Sachs (GS), Bank of America (BAC) and Citigroup (C) are on the list of banks that made the most money from IPOs, initial public offerings, in 2021. Market analysts say that will change in 2022. The latest fin...
Rivian stock plummets after its first earnings report
17 December 2021
4093
All about Rivian today Rivian (RIVN) shares fell after the electric car startup released its first financial report as a public company. The losses were higher than analysts had forecast, and Rivian also lowered its production forecast for 2021. Riv...
Intel plans Mobileye flotation at over $50b valuation
8 December 2021
3517
Mobileye IPO Intel (INTC) shares rose after the company confirmed plans to take its subsidiary Mobileye, a developer of technology for unmanned cars, to an IPO in mid-2022. Intel (INTC) shares, up just 5.5% since the start ...
Rivian is aiming for a market valuation of $53bn
2 November 2021
4119
IPO from Rivian Electric car startup Rivian, backed by Amazon and Ford, has filed a new Form S-1 with the SEC, with a tentative share price to go public. In the IPO, Rivian hopes to raise $8.4bn. The success of Tes...
Rivian plans to enter the Nasdaq with a $1bn loss in the first half of 2021
4 October 2021
3319
Going public on the Nasdaq Electric pick-up and SUV maker Rivian reported its finances to the SEC on Friday, as the company plans to sell its shares on the Nas...
Fintech startup Pagaya approaches SPAC Acquisition Of 9.90 billion
15 September 2021
4232
Deal with SPAC A source familiar with the matter said Pagaya Technologies Ltd. was nearing an agreement to put a value of about 9.90 billion toward a joint public offering through a merger with a specialty acquisition company. Pagaya, based in New ...
Alibaba shares are back to lows
14 September 2021
4167
Unbundling Ant Financial Beijing makes plans to separate financial giant Alipay Ant Group, which is 33 percent owned by Alibaba. Also, Beijing indends to create a separate credit reporting app that would be partly ...
Rivian's IPO application
30 August 2021
4140
Rivian's IPO Electric SUV maker Rivian on Friday said it had filed for an IPO with the SEC. The media report a potential market valuation of $80bn for Rivian. However, this valuat...
Investors recommend buying Uber shares
20 August 2021
3954
Best time to buy Uber shares Uber shares are trading at a lower price today than on the first day of trading. However, investors have four strong arguments for buying Uber stock right now to take advantage of the lower price. Uber (UBER) shares are...
Robinhood buys Say Technologies platform for $140m
12 August 2021
4178
Robinhood & Say Technologies There's a lot of similarity between the stock market debut of Robinhood Markets (NASDAQ:HOOD) and the IPO of Facebook (NASDAQ:FB) over 9 years ago: both were met with a chill from investors, Robinhood shares started ...
Robinhood shares jumped nearly 10 per cent, surpassing IPO price
3 August 2021
3857
More than the IPO price Only 1.3% of Robinhood Markets Inc (NASDAQ:HOOD) users participated directly in the online trading app's IPO. According to the publication, 301,573 customers of the online broker bought sha...
Robinhood shares fall more than 8% after Nasdaq IPO
30 July 2021
3970
Robinhood shares One of the most anticipated IPOs of 2021 for Robinhood, a popular trading app, was followed by an 8.4 per cent drop in shares at the close of trading on Thursday. Shares i...
News from Robinhood ahead of IPO
27 July 2021
3624
On the eve of an IPO Robinhood, whose investment app allows you to trade stocks and cryptocurrencies, held an unconventional public roadshow, inviting all potential investors. Robinhood's initial public offering, or IPO, wi...
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