ipo Wall Street Gives Lukewarm Reception to New Tech IPOs After a long drought, Arm, Instacart, and Klaviyo finally go public but struggle to maintain their initial trading pops. The underwhelming performances leave other startups with little incentive to rush into the market.
arm SoftBank-Backed Arm Prices Landmark IPO at Top of Expected Range SoftBank's chip design unit Arm successfully prices its initial public offering at the high end of its marketed range, signaling strong investor demand. The top-tier pricing marks a major milestone for the largest tech offering of the year.
meta Meta Posts $32 Billion Q2 Revenue as Ad Business Recovers Meta surpasses Wall Street expectations with an 11% increase in second-quarter revenue, signaling a strong recovery for its core advertising business.
nvidia Nvidia Sparks Global AI Stock Rally With Stunning Revenue Forecast Nvidia shares surge dramatically after the chipmaker releases an exceptionally strong sales forecast, driving a widespread rally across artificial intelligence-related technology stocks worldwide.
bitcoin Wall Street Launches Short Bitcoin Fund Amid 70% Crypto Collapse Financial firms introduce a new short Bitcoin fund as the cryptocurrency market experiences a massive 70% plunge. This product gives traditional investors a direct way to bet against the struggling digital asset.
youtube YouTube Experiences First Ad Revenue Drop Amid Alphabet Q3 Miss YouTube sees a 1.9% decline in Q3 ad revenue to $7.07 billion, marking its first year-over-year drop in at least two years. The shortfall contributes to parent company Alphabet missing Wall Street expectations for both revenue and earnings.
meta Meta's Record $195B Stock Plunge Highlights Tech Giant Vulnerability Meta Platforms experiences a historic 22 percent stock drop, potentially erasing $195 billion in market value following disappointing earnings. Analysts warn that stiff competition from TikTok and slowing user growth signal deeper troubles for the social media behemoth.
elon musk Elon Musk Secures Massive Financing for Twitter Takeover Bid Elon Musk reveals the financial backing behind his ambitious $44 billion bid to purchase Twitter, relying heavily on his own Tesla shares and major Wall Street banks.
rivian Rivian IPO Drives Stock Market Hype as Electric Vehicle Sector Surges Electric vehicle maker Rivian captures intense investor attention ahead of its highly anticipated public debut, pushing the broader EV sector into focus. The market buzz highlights Wall Street's growing appetite for EV startups.
bitcoin First Bitcoin Futures ETF Debuts on Wall Street ProShares launches the first Bitcoin futures exchange-traded fund, marking a historic milestone for cryptocurrency on Wall Street. The new fund gives traditional investors easier access to Bitcoin without directly buying the digital currency.
robinhood Robinhood Shares Tumble During Rocky First Day of Public Trading The popular trading app Robinhood experiences a shaky debut on the stock market as its share price drops well below the initial IPO price.
gamestop Retail Traders Use Reddit to Upend Wall Street With GameStop Surge Everyday investors on Reddit band together to drive a massive GameStop stock surge, challenging traditional Wall Street hedge funds. The social media-driven movement turns a struggling video game retailer into the center of a financial market revolution.
robinhood Robinhood Blames Tenfold Deposit Hike for GameStop Trade Limits Robinhood restricts purchases of volatile stocks like GameStop due to a massive increase in clearinghouse deposit requirements. The popular trading app currently limits customers to buying just one share of the viral video game retailer.
robinhood Robinhood Faces Lawsuits After Halting GameStop and AMC Trades Robinhood faces multiple class action lawsuits after restricting purchases of GameStop and other volatile stocks, drawing fierce accusations of favoring Wall Street over retail investors.
gamestop Robinhood Faces Backlash After Restricting GameStop Trades The popular trading app Robinhood restricts users from buying shares of GameStop and other volatile stocks amid a massive Reddit-driven rally. The sudden move sparks immediate outrage from retail investors and lawmakers alike.