Finance

Ticketing platform StubHub valued at $9.3 billion in NYSE debut

Ticketing platform StubHub valued at $9.3 billion in NYSE debut

(Reuters) – Shares of StubHub rose about 8% in their New York Stock Exchange debut on Wednesday, valuing the ticket reseller marketplace at $9.32 billion, adding to a streak of positive day...

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Metaplanet Stock Slides as Top Japanese Bitcoin Treasury Sets Up Shop in Miami

Metaplanet Stock Slides as Top Japanese Bitcoin Treasury Sets Up Shop in Miami

Metaplanet, a Tokyo-listed hotel group that owns $2.3 billion worth of Bitcoin, said on Wednesday that its business is expanding to the U.S. The firm, which owns more than 20,000 Bitcoin, is estab...

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Stock and crypto bulls are watching for rate cuts to drive the market higher: Opening Bid top takeaway

Stock and crypto bulls are watching for rate cuts to drive the market higher: Opening Bid top takeaway

It’s Fed decision day for the markets. Market bulls have sent stocks to fresh records this week, banking on a big gift from Fed Chair Jerome Powell. Markets expect the Fed to cut interest rates b...

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Nvidia stock dips as China reportedly tells its companies to avoid buying chips

Nvidia stock dips as China reportedly tells its companies to avoid buying chips

Nvidia (NVDA) shares fell nearly 3% Wednesday after a Financial Times report claimed China’s regulators banned Chinese tech firms from purchasing some of the AI giant’s chips. The Cybe...

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Amazon spends $1 billion to increase pay and lower health care costs for US workers

Amazon spends $1 billion to increase pay and lower health care costs for US workers

NEW YORK (AP) — Amazon says it’s making a $1 billion investment to raise wages and lower the cost of health care plans for its U.S. fulfillment and transportation workers. The Seattle-based...

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