Finance

Rithm Capital acquires Paramount Group for $1.6 billion

Rithm Capital acquires Paramount Group for $1.6 billion

https://finance.yahoo.com/news/rithm-capital-acquires-paramount-group-115129305.html

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Chip startup Groq raises $750 million at $6.9 billion valuation

Chip startup Groq raises $750 million at $6.9 billion valuation

(Reuters) – Artificial intelligence chip startup Groq said on Wednesday it has raised $750 million in new financing at a post-money valuation of $6.9 billion. Groq, a Silicon Valley chip st...

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Fed set to make its first rate cut of 2025

Fed set to make its first rate cut of 2025

The Federal Reserve is widely expected to trim its benchmark interest rate by a quarter percentage point on Wednesday afternoon, while giving investors new clues about how many more cuts could oc...

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StubHub Raises $800 Million From IPO, Stock Set to Begin Trading Today

StubHub Raises $800 Million From IPO, Stock Set to Begin Trading Today

Jaque Silva / NurPhoto via Getty Images StubHub’s deal is coming to a booming market for IPOs. StubHub has raised $800 million from its initial public offering after pricing the de...

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Manchester United posts sixth year of net loss, forecasts revenue dip

Manchester United posts sixth year of net loss, forecasts revenue dip

(Reuters) -Manchester United reported an annual net loss for the sixth consecutive year on Wednesday and forecast lower revenue for the fiscal year, highlighting the club’s ongoing financia...

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