US Stock News
Instacart Raises Its IPO Pricing After Arm’s Recent Successful IPO
Instacart has raised the target range of its IPO shares from $26 to $28 per share to $28 to $30 per share while seeking to raise about $660 million. The company’s higher pricing brings its market valuation to a high of $10 bi
Why Arm Stock Was Trading Down Slightly After Its Massive IPO
The Arm Holdings plc ADS (NASDAQ: ARM) stock price was trading down 2.67% during premarket trading as sellers kept pushing prices lower. The company’s shares were trading way above the IPO price of $51 as the stock entered it
HP Inc (HPQ) Stock Price Fell 6.61% in a Week on Buffet Stock Sell
The HP Inc (NYSE: HPQ) stock price fell 6.61% after the Oracle of Omaha, Warren Buffett’s Berkshire Hathaway, confirmed that it sold 5.5 million shares valued at $158 million in HP Inc. The regulatory filing did not disclose
Birkenstock IPO: 250-Year-Old Shoe Firm Files IPO Documents
Birkenstock finally filed its IPO registration statement on Tuesday, September 12, 2023, confirming the rumours circulating among the media and the public that the company was considering filing for a US IPO shortly.
AMC Stock Price Rallied 8% After a $325.5M Discounted Fundraise
The AMC Entertainment Holdings Inc (NYSE: AMC) stock price rallied 8% after announcing that it had raised $325.5 million after issuing 40 million new shares priced at $8.14 each. The at-the-market (ATM) equity offering launch
Arm IPO: Arm Prices Its IPO Shares at $51, Valuing It at $54.5Bn
Arm is scheduled to start trading on the Nasdaq later today after pricing its IPO shares at $51 each, translating to a market capitalisation of $54.5 billion. The company plans to list at least 95.5 million American depositor
Apple (AAPL) Stock Fell for the Second Day After iPhone 15 Launch
The Apple Inc (NASDAQ: AAPL) stock price fell slightly for the second day after the much-awaited launch of its iPhone 15 smartphones on September 12, 2023. The firm was expected to increase prices but kept them the same, exce
Rocket Pharma (RCKT) Stock Soared 37% on FDA Trial Alignment
The Rocket Pharmaceuticals Inc (NASDAQ: RCKT) stock price soared 37.4% after announcing that it had reached alignment with the US Food and Drug Administration (FDA) on a pivotal Phase 2 trial design for its RP-A501 drug treat
Spirit Airlines (SAVE) Stock Price Fell 4.5% on Lower Q3 Guidance
The Spirit Airlines Inc (NYSE: SAVE) stock price fell 4.51% during premarket trading after lowering its third-quarter guidance to reflect increased promotional activity for travel in the second half and a recent spike in fuel
Apple (AAPL) Stock Edged Higher Ahead of Today’s Keynote Event
The Apple Inc (NASDAQ: AAPL) stock price edged 0.34% higher ahead of the planned September keynote event scheduled for 10:00 a.m. Pacific time. The company is expected to reveal its lineup of iPhone 15s, its latest Apple Watc
Oracle Stock Price Plunged 10% on Q1 FY2024 Results, Guidance
The Oracle Corp (NYSE: ORCL) stock price plunged 10.3% after announcing the financial results for the first quarter of its 2024 financial year. The company generated total revenues of $12.5 billion, up 9% in US dollars and 8%
Qualcomm (QCOM) Stock Rose 5.6% on the Apple 5G Chips Deal
The Qualcomm Inc (NASDAQ: QCOM) stock price rose 5.62% after announcing that it had signed a three-year agreement with Apple Inc. to supply Snapdragon® 5G Modem‑RF Systems for smartphone launches in 2024, 2025 and 2026.
Instacart IPO: The Grocery Delivery Firm Seeks a $9.3Bn Valuation
Grocery delivery firm Instacart is eyeing a $9.3 billion valuation at its upcoming IPO. The valuation was first leaked by a Sunday exclusive report by the Wall Street Journal, citing people familiar with the matter. The WSJ’s
Alibaba Stock Price Fell Premarket on the CEO’s Abrupt Departure
The Alibaba Group Holding Ltd - ADR (NYSE: BABA) stock price was trading slightly during premarket trading after announcing that its outgoing CEO, Daniel Zhang, would also be stepping down from his role as CEO and Chairman of
Intel Corp (INTC) Stock Has Risen 11.3% in a Week – Here’s Why
The Intel Corporation (NASDAQ: INTC) stock price has risen 11.25% during the past week amid a slew of news from the company, including its planned $300 million deal with Tower Semiconductor. The company had previously announc
Why C3.ai (AI) Stock Edged Lower After Weak Q1 FY 2024 Results.
The C3.ai Inc (NYSE: AI) stock price edged lower today, extending yesterday’s losses after the release of its latest quarterly report. The company postponed its target profit date from Q4 2024 to a future date, saying that it
Marin Software (MRIN) Stock Rallied 46% on HubSpot Integration
The Marin Software Inc (NASDAQ: MRIN) stock price rallied 45.7% after announcing a new and innovative integration with HubSpot, which should improve the results performance marketers get when using the company’s software.
Arm IPO: Arm Is Seeking To Raise a Reduced $4.87 Billion in IPO
SoftBank’s Arm is now expected to raise as much as $4.87 billion in its long-awaited IPO, making it the largest IPO of 2023, surpassing the $4.37 billion listing by Johnson & Johnson’s consumer health spinoff Kenvue Inc.
Ault Alliance (AULT) Stock Rallied 40% on the $100M Hotels Sale
The Ault Alliance Inc (NYSEAMERICAN: AULT) rallied 40% after announcing that it was selling four newly renovated hotels for about $100 million. The sale is being conducted by its wholly-owned subsidiary, Ault Global Real Esta
