Marketmind: Europe’s powerhouse just isn’t feeling it
As the COVID-19 Delta variant and supply chain disruptions persist globally, damage inflicted on business sentiment in Europe’s biggest economy could become clear in Wednesday’s Ifo German business sentiment index.
Robinhood seeks up to $35 bln valuation in mega U.S. IPO
Robinhood Markets Inc is targeting a valuation of up to $35 billion in its initial public offering in the United States, the company revealed in a Monday filing, setting the stage for one of the most highly anticipated stock market listings this year.
Chobani confidentially files for U.S. IPO, valuation may exceed $10 bln
Greek-yogurt maker Chobani could be valued at more than $10 billion in its initial public offering (IPO), a person familiar with the matter told Reuters on Wednesday, as the company confidentially filed regulatory paperwork for its stock market listing.
Muted start to second half for Asia stocks as U.S. payrolls loom
Asian stock markets made a subdued start to the second half of 2021 on Thursday, weighed by worries about new coronavirus infections and fresh lockdowns, while bond and currency markets were on edge ahead of U.S. labour data.
S&P 500 flirts with record high as month, quarter draw to a close
Wall Street was muted on Wednesday and the S&P teased its fifth straight record closing high as investors ended the month and the quarter by largely shrugging off positive economic data and looking toward Friday’s highly anticipated employment report.
Fearing predators, Credit Suisse seeks new look or even merger-sources
Credit Suisse’s top management are under pressure to come up with an overhaul plan for the scandal-hit Swiss bank that could include a potential merger with rival UBS (UBSG.S), three people familiar with its thinking told Reuters.
LSE’s Refinitiv restores service after new outage
London Stock Exchange Group’s Refinitiv news and data platform Eikon experienced an outage for several hours on Wednesday before services were restored, the company said, the second such glitch in as many months.
Nasdaq ends at record high as Big Tech companies roar back
The Nasdaq ended at a record high on Tuesday, lifted by Amazon, Microsoft and other top-shelf tech companies as investors shifted their focus to growth stocks.
Stocks recover from 4-week lows as focus switches back to post-pandemic growth
Global shares extended their recovery on Tuesday from four week lows, as investors focused on prospects for post-pandemic economic growth, rather than fret more over the hawkish stance taken by the U.S. Federal Reserve at a policy meeting last week.
Buffett-backed Nubank in talks to hire U.S. IPO underwriters -sources
Nubank, the Brazilian digital bank backed by Warren Buffett’s Berkshire Hathaway, has invited investment banks to pitch for roles on its upcoming initial public offering (IPO) in the United States, people familiar with the matter said on Monday.
