(Reuters) Online forum Reddit is seeking advisers ahead of its anticipated public listing in New York early next year at a $15 billion valuation. The timeline of Reddit’s IPO is…
(Decrypt) Solana hit a market cap of about $39.2 billion after a price surge of more than 300% over the past month, to claim the seventh position in the crypto…
(Bloomberg) Japanese Prime Minister Yoshihide Suga unveiled plans to step down from his post weeks before the general election, following the surge in the country’s COVID-19 cases. Suga said he…
(DocuSign) DocuSign posted revenue of $511.8 million in the second quarter of 2022, a 50% increase from the prior year’s comparable quarter. DocuSign’s revenue was boosted by subscription revenue that…
(Bloomberg) Germany’s benchmark stock index DAX is expected to target high-value and fast-growing companies in its move to expand from 30 to 40 stocks. JPMorgan strategists expect online retailers such…
(Broadcom) Broadcom Inc. posted revenue of $6,778 million in the third quarter of 2021, up 16% year over year. The third-quarter net income rose to $1.876 billion, up from $688…
(Reuters) El Salvador is moving ahead of its peers in the adoption of cryptocurrencies after its Congress approved a law creating a $150 million fund for bitcoin-dollar conversions. Money for…
(BEA) The US posted an international trade deficit of $70.1 billion in July, a decline of $3.2 billion or 4.3% from June. Fig: US International Trade Deficit July’s exports rose…
(Department of Labor) US jobless claims were 340,000 in the week that ended August 28, down 14,000 from the previous week. Analysts had projected a higher 345,000 claims. Fig: US…
(Cryptoglobe) Cardano surged past the $3 level to a fresh all-time high, just five hours after its public testnet started supporting Plutus smart contracts. The surge happened after IOHK, the…
(Bloomberg) Alibaba Group Holdings Ltd. will donate 100 billion yuan or $15.5 billion over five years in support of Beijing’s wealth redistribution. Alibaba’s donation will go into ten initiatives ranging…
(Chewy) Chewy Inc. posted net sales of $2.16 billion in the second quarter of 2021, up 26.8% year over year. Half-year net sales were $4.29 billion, up from $2.32 billion…