Shares of online brokerage Robinhood Markets Inc fell below their offer price moments after their Nasdaq debut on Thursday, in a disappointing reception to one of the most hotly anticipated listings of the year.
The US economy returned to its pre-pandemic level in the second quarter, data released on Thursday (Jul 29) showed, giving President Joe Biden a political win as Congress moves closer to passing a long-debated plan to improve the country's infrastructure.
App-based retail brokerage Robinhood Markets Inc was set to make its highly anticipated market debut on the Nasdaq on Thursday.
REUTERS: Riskified Ltd, an online risk management platform backed by an affiliate of growth equity investor General Atlantic, notched a valuation of US$4.3 billion after its shares jumped more than 28per cent in their stock market debut on Thursday. Shares opened at US$27, compared to ...
LONDON: Britain's Inmarsat said it would launch a constellation of low earth orbit (LEO) satellites that it will combine with 5G mobile and its existing GEO satellites to offer more capacity to its global maritime, aviation and land-based customers. The service, named Orchestra, will require ...
LinkedIn will allow most employees to opt for full-time remote work as offices gradually reopen, Chief People Officer Teuila Hanson told Reuters.
REUTERS: Data analytics firm SAS said on Thursday it was preparing for an initial public offering by 2024, weeks after a report said chip and software company Broadcom Inc was in talks to buy the company. Earlier this month, the Wall Street Journal reported that Broadcom was exploring a...
PARIS: The average price of STMicroelectronics' chips has increased by 5per cent in 2021 from a year ago, Chief Executive Officer Jean-Marc Chery said on Thursday, as the semiconductor industry struggles to meet booming demand worldwide. The Franco-Italian group will only be able to meet 70per ...
Shares of online brokerage Robinhood Markets Inc were set to start trading nearly 11per cent above their offer price on the Nasdaq on Thursday, underscoring a warm reception to one of the most hotly anticipated listings of the year.
The rush to online shopping during the pandemic drove prices higher for goods ordered over the internet, eroding a long-standing cost advantage and possible evidence that overall inflation may become more persistent than thought, according to a new report from tech giant Adobe.
