Goldman Sachs is in the spotlight as tech firms test IPO market
The return of large tech IPOs this week after a prolonged drought isn’t just a test of investors’ appetite for risky new offerings — it’s a key moment for Wall Street’s top advisor, Goldman Sachs. Chip designer Arm is expected to begin trading Thursday in the year’s biggest listing. Delivery firm Instacart and marketing automation platform Klaviyo are expected to list as […]
American stocks are close to a bull market, according to data. May was surprisingly positive.
The saying “sell in May and go away” definitely did not hold true this May. The main index of the New York Stock Exchange, the S&P 500, actually strengthened by about 1.3 percent in the fifth month of this year. Furthermore, Wall Street is very close to entering a bullish sentiment in the stock market. […]
Bitcoin significantly weakened following statements by an American central banker. Further interest rate hikes are expected.
While just at the end of last week, the value of Bitcoin was approaching the $30,000 mark almost flawlessly, its growth halted just above $28,000, and the most widely used cryptocurrency took the opposite direction. However, during Wednesday’s trading, there was a decline of over three percent. The blame for this was placed on the […]