The stock has gained nearly 200% since. INSTACART: The San Francisco-based company, which is incorporated as Maplebear Inc, was priced at the top end of the marketed range in its IPO. It raised $660 million at a nearly $9.9 billion valuation in September 2023.
(Bloomberg) -- Verizon Communications Inc. reported fourth-quarter financial results that beat analysts’ estimates, including gains in new mobile-phone and broadband customers. Most Read from BloombergWhat Happened to Hanging Out on the Street?How Sanctuary Cities Are Preparing for Another Showdown With TrumpBillionaire Developer Caruso Slams LA Leadership Over WildfiresTexas HOA Charged With Discrimination for Banning Section 8 RentersHoboken PATH Station Will Close for Almost a Month on Jan. 3
Boeing shares are falling in premarket trading after the plane maker said it anticipates reporting a far wider-than-expected fourth-quarter loss following a nearly two-month strike that crippled production.
(Bloomberg) -- Emerging-market currencies are gaining during the first week of Donald Trump’s second term, helped by a softer than expected rollout of US tariffs and no new levies on Chinese imports. Most Read from BloombergWhat Happened to Hanging Out on the Street?How Sanctuary Cities Are Preparing for Another Showdown With TrumpBillionaire Developer Caruso Slams LA Leadership Over WildfiresTexas HOA Charged With Discrimination for Banning Section 8 RentersHoboken PATH Station Will Close for A
The Federal Reserve's first meeting of 2025 in the coming week stands to test the resurgence in U.S. stocks as investors gauge the extent of more equity-friendly interest rate cuts in the months ahead. Stocks swooned after the Fed's last meeting in December, when the central bank downgraded its forecast for rate cuts as it braced for firmer inflation this year. The Fed is broadly expected to pause its easing cycle when it gives its monetary policy statement on Wednesday, with investors instead focused on "what would need to happen for them to start talking about resuming the rate cuts," said Angelo Kourkafas, senior investment strategist at Edward Jones.
Money market account rates vary widely. So which banks are offering the best money market account rates today? Find out here.
(Bloomberg) -- Shares of US companies roared to a record this week, seemingly shrugging off worries about tariffs, immigration and inflation. Yet, company executives are doing something decidedly less bullish — they’re selling their stocks at a rapid pace. Most Read from BloombergWhat Happened to Hanging Out on the Street?How Sanctuary Cities Are Preparing for Another Showdown With TrumpBillionaire Developer Caruso Slams LA Leadership Over WildfiresTexas HOA Charged With Discrimination for Banni
(Bloomberg Law) -- Federal banking and securities regulators, including several intended to operate independently from the White House, are starting to delete references to internal diversity and inclusion offices from their websites following executive orders from President Donald Trump.Most Read from BloombergWhat Happened to Hanging Out on the Street?How Sanctuary Cities Are Preparing for Another Showdown With TrumpBillionaire Developer Caruso Slams LA Leadership Over WildfiresTexas HOA Charg
What a brutal six months it’s been for Arcos Dorados. The stock has dropped 23.8% and now trades at $7.24, rattling many shareholders. This may have investors wondering how to approach the situation.
What a time it’s been for The RealReal. In the past six months alone, the company’s stock price has increased by a massive 189%, reaching $9.36 per share. This was partly due to its solid quarterly results, and the performance may have investors wondering how to approach the situation.