KinderCare targets valuation of up to $3.1 billion in U.S. IPO
- IPO Value: KinderCare Learning Companies, backed by Partners Group, is targeting a valuation of up to $3.09 billion in a U.S. initial public offering (IPO).
- Target Amount: The company plans to raise approximately $648 million through an offering of 24 million shares at a price range of $23 to $27 apiece.
Broadcom: stock growth and strong AI market position
- Stock Growth:$AVGO shares are upnearly 50%, driven by increased demand for artificial intelligence (AI) chips and collaborations with leading technology companies.
- AI revenue: $AVGO plans to reach $12 billion in AI revenue by 2024, significantly strengthening its position in the AI technology market.
US stocks and dollar strengthen on Fed and strong economic data
Strengthening stocks and the dollar: U.S. stocks rose along with the dollar, driven in part by positive U.S. economic data and expectations of an interest rate cut by the Federal Reserve (Fed).
Strong economic data: U.S. retail sales rose in August and factory output rebounded from the bottom, easing fears of an... Read more
Bajaj Housing Finance: strong debut on the stock market
- More than doubling in value: Shares of Bajaj Housing Finance more than doubled on its stock market debut, reflecting strong investor interest in the Indian real estate sector.
- IPO oversubscribed 64 times: The initial public offering (IPO) of the company was oversubscribed 64 times, raising $781 million for the company.
So far, it looks like the slump has stabilized. But I don't blame him. His fortune has skyrocketed in the last few years. I'd be getting rid of a chunk, too.
- BCA Research Recommendation: Strategists at BCA Research recommend buying the Japanese yen as the easiest way to profit from the potential bursting of the AI bubble.
- Current market situation: The S&P 500 and Nasdaq 100 indexes are approaching record levels, but U.S. technology stock prices are falling, suggesting turbulence. The... Read more
Apple teams up with Airtel to fight for Indian music and TV streaming market
- Strategic Partnership: $AAPL has partnered with Bharti Airtel, India's second largest telecom company, to gain a competitive advantage in the digital content market in India.
- Free streamingAirtel : The deal includes free music and video streaming for many of Airtel's 281 million customers, which is... Read more
I agree with the others. There are plenty of interesting stocks out there and I'd be happy to include them in my portfolio, but I'm not in it for the politics either.
I'm not really interested, but I'll be very interested in Shein's shaky IPO.