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Mergers and acquisitions

Bill Ackman would ‘absolutely’ do a deal with X with his new SPARC

by Adrian Jhonsan
Bill Ackman would ‘absolutely’ do a deal with X with his new SPARC

Bill Ackman, Pershing Square Capital Management CEO, speaking at the Delivering Alpha conference in NYC on Sept. 28th, 2023. Adam Jeffery | CNBC Billionaire investor Bill Ackman would “absolutely” do …

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Categories World

Schott Pharma shares climb in Frankfurt debut

by Adrian Jhonsan
Schott Pharma shares climb in Frankfurt debut

Schott Pharma debuted on the Frankfurt stock exchange on Thursday at 30 euros per share, trading well above analyst expectations. Shares of the company were up 10% in the first …

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Categories World

Alibaba plans to IPO its logistics unit Cainiao

by Adrian Jhonsan
Alibaba plans to IPO its logistics unit Cainiao

An Alibaba Group sign is seen at the World Artificial Intelligence Conference in Shanghai, July 6, 2023. Aly Song | Reuters Alibaba plans to list its logistics unit Cainiao on …

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Categories World

Amazon to invest up to $4 billion in Anthropic, a rival to ChatGPT developer OpenAI

by Ev Richard
Amazon to invest up to  billion in Anthropic, a rival to ChatGPT developer OpenAI

The regulator was concerned with Amazon’s dual role as both a marketplace and a competitor to merchants selling on its platform. Nathan Stirk | Getty Images E-commerce giant Amazon on …

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Categories Technology

ARK CEO Cathie Wood says she swerved the Arm IPO frenzy. Here’s why

by Ev Richard
ARK CEO Cathie Wood says she swerved the Arm IPO frenzy. Here’s why

Cathie Wood, CEO of Ark Invest, speaks during an interview on CNBC on the floor of the New York Stock Exchange (NYSE) in New York City, February 27, 2023. Brendan …

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Categories Technology

Tech IPOs are back, deal valuations are rising. Don’t get fooled again

by Ev Richard
Tech IPOs are back, deal valuations are rising. Don’t get fooled again

Shopper using Instacart Source: Instacart As tech startups test the IPO market again, they are pushing up their valuations. After last week’s successful market debut of chip company Arm, two …

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Categories Technology

Tech trying to go public as value stock

by Ev Richard
Tech trying to go public as value stock

When the Covid pandemic had many Americans declining to go to the grocery store in 2020, sales at online grocery startup Instacart rose 590%, and its venture capital valuation soared …

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Categories Technology

What is RISC-V and why does Arm call the rival product a risk?

by Ev Richard
What is RISC-V and why does Arm call the rival product a risk?

With Arm slated to start trading on the Nasdaq on Thursday, investors are considering the potential upsides — and downsides — of investing in the company. The British chip designer …

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Categories Technology

Buy Birkenstock IPO? What footwear’s history in the stock market says

by Ev Richard
Buy Birkenstock IPO? What footwear’s history in the stock market says

Nordstrom department store display of Birkenstock sandals at the Shops at Merrick Park, Miami. Jeff Greenberg | Universal Images Group | Getty Images Birkenstock, the iconic footwear company that dates …

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Categories Technology

Chipmaking giant TSMC to invest up to $100 million in shares

by Adrian Jhonsan
Chipmaking giant TSMC to invest up to 0 million in shares

TSMC is the top producer of the world’s most advanced processors, including the chips found in the latest iPhones, iPads and Macs. Jakub Porzycki | Nurphoto | Getty Images TSMC, …

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Categories World
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