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In the filing, Reddit said that in January 2024 it entered into “certain data licensing arrangements” totaling $203 million with terms ranging from 2-3 years, with a minimum of $66.4 million ...
Some 108 companies conducted their IPO in 2023 and raised $19.4 billion, according to Renaissance Capital. Those figures rose markedly from the 2022 doldrums of 71 IPOs and just $7.7 billion raised.
Musk bought X, then a public company known as Twitter, for $44 billion in late 2022. He funded his purchase by borrowing from banks including Morgan Stanley, Bank of America, Barclays, MUFG, BNP ...
Twitter. That and more top money stories you need know Thursday. The Dow Jones industrial average (^DJI) rallied 128 points Wednesday to another record high. The Dow is now up 20 percent for the year.
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On July 12, 2024, one day before the assassination attempt on Donald Trump, Austin Private Wealth filed a report indicating that it had shorted 12 million shares of TMTG. [42] Four days later, it amended the filing to 1,200 shares and apologized for its "filing error," which spurred conspiracy theories. [42] As of the close of business on ...
A resurgence of IPOs would be a major moment for a market that's struggled since its boom in 2021. After more than 100 deals in back-to-back quarters in 2021, deals significantly slowed in 2022 ...
(Reuters) -Cerebras Systems, a startup competing with industry leader Nvidia for a slice of the lucrative AI chip market, said late on Monday its revenue surged more than threefold in 2023, in a ...