The initial public offering market is showing signs of life again. And the optimism following the strong debuts for Reddit and AI cloud infrastructure company Astera Labs appears to be spreading. Case in point: A closed-end fund that invests in Elon Musk’s SpaceX, Fortnite maker Epic Games, OpenAI, fintech giants Stripe and Chime and other
Two years on from Russia’s invasion of Ukraine and global finance firms are still feeling the impact of the fallout, with many still scrambling to untangle their businesses from the region. The outlook for international finance giants in Russia remains on a knife-edge, as the country continues to face a host of challenges. These range
Published: Jan. 11, 2024 at 7:04 a.m. ET By Robb M. Stewart Solaris Resources has lined up a 130 million Canadian dollar ($97.1 million) investment from China’s Zijin Mining that will help fund development of the Canadian exploration company’s flagship Warintza project in southeastern Ecuador. Solaris said Thursday the gold-focused mining giant will invest through
The number of shorted shares has grown 23% since the end of 2020, but that doesn’t mean traders are getting more bearish about the market. Thanks to an array of initial public offerings and stock splits, the total number of stock shares has ballooned since the end of 2020—which means the relative short interest has