While dabbling in individual stocks is a notoriously risky business for amateur investors, an analysis underscores just how perilous it can be to buy into blockbuster IPOs on Day One.
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SoftBank's Arm eyes pricing IPO at top of range or above
Arm, the chip designer owned by SoftBank Group Corp, is getting close to securing enough investor support to attain the fully diluted valuation of $54.5 billion it was seeking in its initial public offering (IPO) at the top of its indicated range, and is considering asking investors to value it higher, people familiar with the matter said on Sunday.
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G20 Summit: Engagement group for startups to continue under Brazil’s presidency
The engagement group had formed three task forces under it – foundation and alliances, finance, and inclusion and sustainability – and was chaired by Chintan Vaishnav, the mission director of Niti Aayog’s flagship entrepreneurship initiative Atal Innovation Mission.
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Cryptocurrency new subject for social order, monetary & financial stability: PM Narendra Modi
Modi also said that cyberspace is a new source of funding for terrorism and a global cooperation, framework is necessary for cyber security.
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RBI likely to start digital rupee pilot in call money market by October
The pilot of the wholesale CBDC, known as the Digital Rupee-Wholesale (e-W), was launched on November 1, 2022, with the use case being limited to the settlement of secondary market transactions in government securities.
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Semiconductors, rare minerals on agenda as US president Joe Biden visits Vietnam
The US has been pushing for the upgrade for months as it sees the Southeast Asian manufacturing dynamo as a key country in its strategy to secure global supply chains from China-related risks.
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PowerPoint software co-creator Dennis Austin dies at 76
Working with Robert Gaskins, the Forethought executive who conceived the software, it was Austin's job as the software engineer to make PowerPoint easy to operate.
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