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Unity Software soars in blockbuster NYSE debut

Sep 18 2020

Shares of Unity Software Inc soared in their debut on the New York Stock Exchange on Friday, giving the gaming platform a market value of around $18 billion and signaling sustained demand for new stocks.

Chime leapfrogs Robinhood as most valuable U.S. fintech startup

Sep 18 2020

Chime has raised $485 million in a new funding round that values the digital-only banking firm at $14.5 billion, a company spokeswoman said on Friday.

Buffett-backed Snowflake's value doubles in stock market's largest software debut

Sep 16 2020

Snowflake Inc's shares more than doubled in their New York Stock Exchange debut on Wednesday, a day after the Warren Buffett-backed data warehouse company raised more than $3 billion in the largest U.S. listing of the year thus far.

Citigroup's Fraser to be first woman CEO of Wall Street bank

Sep 10 2020

Citigroup Inc named consumer banking head Jane Fraser as its next chief executive on Thursday, making her the first woman to lead a major Wall Street bank. | Video

Palantir goes on Wall Street charm offensive ahead of public listing

Sep 09 2020

Palantir Technologies Inc, the U.S. data analytics company known for its secretive work with the Central Intelligence Agency and other government groups, on Wednesday sought to woo Wall Street investors ahead of a public listing later this month.

AmEx warns of slow spending recovery as credit losses loom

Jul 24 2020

Credit card issuer American Express Co on Friday warned of a slow recovery in transaction volumes in the near term, after it set aside $1.6 billion for potential credit losses that weighed on its quarterly numbers. | Video

Nasdaq tops profit views amid clamor for tech stocks

Jul 22 2020

Nasdaq Inc on Wednesday reported second-quarter profits that topped expectations as the company's technology-heavy indexes attracted record inflows and exchange volumes surged with more people trading from home while under COVID-19 lockdowns.

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