Blowout Reddit Debut Raises Hopes of Revival in Dormant Ipo Market
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Long-awaited $2 billion CVC debut shows the IPO market is back on track, Euronext boss says
"It is a very strong signal of the comeback of IPOs in Europe, in particular in continental Europe," Euronext's Stéphane Boujnah said.CNBC - Business -
Rubrik’s stock pops in IPO debut as CEO sees big opportunity in data protection
Rubrik seemed to check off the right boxes for investors Thursday as its stock surged in its public debut.MarketWatch - Business -
Rubrik leads trio of stock debuts in busy day for IPOs
Rubrik prices above range, while aviation parts maker Loar and financial services firm Marex also debutMarketWatch - Business -
Rubrik stock pops 16% in NYSE debut after company prices IPO above range
Rubrik's shares appeared to be attractive to investors that have been starved for new business software names for years.CNBC - Business -
CVC shares jump in trading debut after long-awaited IPO
Private equity group says €2bn offering oversubscribed multiple times, in sign of strong investor appetiteFinancial Times - Business -
Rubrik Shares Jump 21% in Market Debut
The Microsoft-backed cybersecurity software firm becomes the latest tech company to have an IPO.The Wall Street Journal - World -
Cybersecurity Firm Rubrik to Raise $752 Million in U.S. IPO
The company, backed by investors including Microsoft and Lightspeed Venture Partners, is selling 23.5 million shares.The Wall Street Journal - Tech -
GDP report revives stagflation fears in the market, with growing risk of a Fed rate hike seen
Thursday’s U.S. economic data is ringing alarm bells in the minds of traders, economists and others, who are beginning to voice concerns that the world’s largest economy could be shifting into a stagflation-type of environment.MarketWatch - Business - Federal Reserve -
Alphabet tempers fears that it's falling behind in AI with blowout first-quarter results
Alphabet's revenue jumped 15% in the first quarter and profit in the company's cloud business more than quadrupled.CNBC - Business -
European equities are enjoying a 1990s revival
Market conditions are reminiscent of the soft landing that followed Alan Greenspan’s ‘Fed pivot’Financial Times - World -
The U.S. economy grew at a sharply slower pace in the first quarter and inflation topped Wall Street's expectations, dimming investor hopes for a quick Fed rate cut and sending the stock and bond markets down.
The U.S. economy grew at a sharply slower pace in the first quarter and inflation topped Wall Street’s expectations, dimming investor hopes for a quick Fed rate cut and sending the stock and bond markets down.The Wall Street Journal - World -
Can Biden Revive the Fortunes of American Workers?
He’s the most pro-labor president since Harry Truman. Is that enough?The New York Times - Top stories - Joe Biden -
Bebe Neuwirth returns to Broadway in "Cabaret" revival
Emmy and Tony Award-winning actress Bebe Neuwirth is back on Broadway, starring as Fraulein Schneider in the new revival of "Cabaret."CBS News - Entertainment -
Gather Round for a Good Old-Fashioned Revival
Five collectors pick the vintage watches they would most love to see reissued.The New York Times - Lifestyle -
CVC Soars in of Amsterdam Trading Debut
CVC shares rose 24% on the first day of trading on Amsterdam’s stock exchange, after the buyout firm priced its IPO at the mid point of its previously guided range, implying a market capitalization of $15 billion.The Wall Street Journal - World -
CVC Soars in of Amsterdam Trading Debut
CVC shares rose 24% on the first day of trading on Amsterdam’s stock exchange, after the buyout firm priced its IPO at the mid point of its previously guided range, implying a market capitalization of $15 billion.The Wall Street Journal - Business -
Former Reddit CEO Ellen Pao says the tech sector’s DEI push is alive and well
Despite some signs of wavering commitment to corporate diversity, equity and inclusion initiatives, former Reddit CEO Ellen Pao is bullish on DEI in the tech space.MarketWatch - Business -
How to Raise Housing Costs
California shows the way.The Wall Street Journal - World -
MLB is reviving Players Weekend, but without nicknames on the special jerseys
MLB is bringing back its Players Weekend but without the feature that made the showcase popular with fans.Yahoo Sports - Sports - MLB -
Tokyo Exchange Courts Asian Startups for IPOs
The Tokyo Stock Exchange aims to attract listings from Asian startups, leveraging the market’s recent gains and positioning itself as a preferred fundraising destination for companies outside Japan.The Wall Street Journal - World -
Tokyo Exchange Courts Asian Startups for IPOs
The Tokyo Stock Exchange aims to attract listings from Asian startups, leveraging the market’s recent gains and positioning itself as a preferred fundraising destination for companies outside Japan.The Wall Street Journal - World -
Watch reaction when minister asks if Congo is a different country to Rwanda
The Question Time audience were surprised when Chris Philp answered an audience member's question about DR Congo.BBC News - Top stories -
What Is a ‘Decent Wage’? France’s Michelin Raises a Debate.
The tire maker vowed to ensure that none of its workers would struggle to make ends meet.The New York Times - Business -
Banned football fan raises £15,000 to sue
Linzi Smith's lawyer says the club's actions are a "huge overreach" in to her personal life.BBC News - Top stories -
What Is a ‘Decent Wage’? France’s Michelin Raises a Debate.
The tire maker vowed to ensure that none of its workers would struggle to make ends meet.The New York Times - Top stories -
Centene’s earnings crush estimates and company raises guidance
Centene Corp.’s stock rose 3.4% early Friday, after the managed healthcare provider blew past earnings estimates for the first quarter and raised its full-year guidance.MarketWatch - Business -
Trump's potential plan for Fed raises alarms
Former President Trump's potential plan to exert more influence over the Federal Reserve is alarming experts and investors. The Wall Street Journal reported Thursday that a group of Trump allies is crafting ways to chip away at the independence of ...The Hill - Politics - Donald Trump -
J.D. Martinez singles, has a RBI in debut for Mets on Friday vs. Cardinals
Martinez singled twice and drove home a run in his Mets debutCBS Sports - Sports - MLB -
Egypt's president dispatched his intelligence chief to Israel in a last-ditch effort to revive talks toward a cease-fire in Gaza.
Egypt’s president dispatched his intelligence chief to Israel in a last-ditch effort to revive talks toward a cease-fire in Gaza.The Wall Street Journal - World - Israel -
Rubrik prices IPO at $32 per share, above the expected range
Rubrik is hitting the market at a historically slow time for venture-backed tech IPOs.CNBC - Business -
Rubrik prices its IPO at $32, above expected range
Rubrik Inc. priced its initial public offering late Wednesday at $32 a share.MarketWatch - Business -
The Uncertainty Effect: Why IPOs May Be on Hold Until Post-Election
Historical trends suggest presidential elections don't move the needle, but certain companies have delayed their IPOs because of presidential elections--and 2024 will be a divisive one.Inc. - Business -
Dow Falls More Than 600 Points
Follow along for reactions across financial markets.The Wall Street Journal - World -
Impressive Everton win to hit Liverpool title hopes
Everton take a giant step towards safety and deliver a huge blow to Liverpool's title aspirations with a thoroughly deserved victory.BBC News - Top stories -
US aid package offers fresh hope to Ukraine
Much-needed supplies are key to fending off Russian attacksFinancial Times - World - Ukraine -
Microsoft Hopes to See Continued AI Mania
Investors will be watching how enthusiasm over artificial intelligence technology is fueling demand for Microsoft’s cloud services.The Wall Street Journal - World - Microsoft -
As it happened: London mayor hopefuls in BBC debate
Four of the candidates vying to become the city's mayor have taken part in a BBC London hustings.BBC News - Top stories -
Bears pick QB Williams No. 1, WR Odunze No. 9
The Bears selected USC quarterback Caleb Williams with the No. 1 overall pick in the NFL draft.ESPN - Sports - NFL -
Chinese Financial Services Shares Gain on Consolidation Hopes
Shares of several Chinese financial services companies traded higher Friday on expectations that the sector may see consolidation after state-run Guolian Securities announced its intention to buy another smaller firm.The Wall Street Journal - World - China -
Kawhi: Knee 'didn't respond' as hoped; iffy for G4
Kawhi Leonard gutted out 25 minutes in the Clippers' 101-90 loss to the Mavericks on Friday and revealed that his knee "didn't respond the way we wanted" after his return.ESPN - Sports