Japan's Nikkei share average oscillated between small gains and losses on Tuesday, as gains in chip-related stocks offset declines by heavyweights such as Uniqlo owner Fast Retailing and Nissan Motor.
Japan hiked interest rates. Why is the yen falling?
Japan raised interest rates for the first time since 2007 in a move that marked a historic shift in monetary policy.
Crossmint, Astar, and Hakuhodo unite to foster Web3 growth in Japan
Crossmint partners with Astar Network and Hakuhodo KEY3 to expand its leading Web3 development platform into Japan.
Who Is Do Kwon? Crypto CEO Whose Coin Lost $40 Billion In 2022 Facing Civil Fraud Trial
Kwon and Terraform Labs will face a civil fraud trial in New York, while the CEO faces a possible extradition from Montenegro for criminal charges in the U.S. and South Korea.
Crypto Funds Mark Biggest Week of Outflows on Record, CoinShares Says
Global crypto funds took a sharp downturn last week as investors pulled out $942 million — the most on record, according to CoinShares International Ltd.
Goldman Sachs Reveals Bitcoin Game-Changer As $300 Billion Price Earthquake Hits Ethereum, XRP And Crypto Market
A top Goldman Sachs executive revealed the banking giant's hedge fund clients are gearing up to flood into the crypto ...
Binance executive detained in Nigeria amid a crypto crackdown has escaped custody
Authorities in Nigeria say an executive of global cryptocurrency exchange Binance has escaped custody in the West African nation where a criminal investigation has been launched against the platform a ...
Patrick Mahomes-Advised SPAC Disruptive Folding Up Shop
Disruptive Acquisition I, a special purpose acquisition company that named Kansas City Chiefs QB Patrick Mahomes among its advisors, has decided to close up shop and return its capital to shareholders ...
IPO Coverage
Reddit, which priced its IPO at $34 a share, debuted Thursday afternoon at $47 a share. At the close of trading, it was up 48% at $50.44, backing off a peak of $57.80. Reddit, which priced its IPO ...
Why Reddit Founder Made Nothing on $6.4 Billion IPO
Reddit's journey from a college dorm room idea to a publicly traded entity capped off with a $6.4 billion IPO on Thursday, cementing its place as the newest social media company to go public.
Reddit shares skyrocket 38% above IPO price, valuing company at nearly $9B
The San Francisco-based company priced its IPO at the top end of the $31 to $34 range. The IPO valued Reddit at $6.4 billion, while the company and its selling shareholders raised $748 million.
Reddit IPO: Here’s what to know as the social media company goes public
After years of anticipation, Reddit finally conducted its initial public offering (IPO). Nicknamed the “front page of the internet,” Reddit offers message boards that allow users to ask ...
Reddit stock closes up nearly 48% on its first day of trading
Shares of social forum giant Reddit closed its first day of trading at $50.31, up nearly 48% from its IPO price of $34 per share. The company had indicated a target range of $31 to $34 per share ...
Reddit cashes out in a stellar IPO — but can it grow up?
Shares of the social media company soared on its Big Board debut under the ticker RDDT, closing at $50.44, or 48 per cent above its IPO price. This brought its fully diluted market capitalisation ...
Reddit prices IPO at top of indicated range to raise $748 million
Social media platform Reddit, priced its initial public offering at the top of its targeted range of $31 to $34 per share on Wednesday, raising $748 million and giving the ailing technology IPO ...
Reddit prices hotly anticipated IPO at $34 per share, valuing the social media platform at around $6.4 billion
The company, along with executives and employees, sold 22 million shares in its public offering and said ahead of the IPO that it would set aside 8% for some of the site's biggest users and ...