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Instacart Prices IPO at $30 a Share, at Top End of Expectations
The grocery-delivery company is valued at nearly $10 billion ahead of its long-anticipated public-trading debut Tuesday. Source link
Arm Sets IPO Price at $51 a Share
British chip designer drops price after initially considering $52 a share. Source link
SoftBank Chip Unit Arm Files for IPO Likely to Be 2023's Biggest
Arm raised lofty expectations for its business overall but faces near-term market challenges. Source link
Dubai Automaker to Pump Cash Into China Evergrande's EV Business
The Chinese property developer’s fledgling auto unit said NWTN’s $500 million investment would help it meet imminent funding needs. Source link
NYSE, Nasdaq Battle for New Listings
Nasdaq wins Instacart and Arm, while NYSE snags Birkenstock and Klaviyo. Source link
BP Profit Declines More Steeply Than Peers'
Second-quarter earnings fell almost 70% from a year-ago bonanza. The London-based oil major boosted its dividend and continued to buy back shares. Source link
Weaker Energy Prices Temper Shell's Profit, but Not Cash Payouts for Investors
The oil major boosted its dividend and added a $3 billion buyback in its first quarterly results release since its new CEO unveiled a strategic
AMC Entertainment Shares Soar After Judge Blocks Equity Transactions
AMC Entertainment shares soared 70% after-hours Friday after a judge rejected a proposed court settlement that would have cleared the way for the movie-theater giant
Instacart Set to Raise IPO Price Target After Successful Arm Debut
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