Day: January 9, 2022

Jan 09
Reddit chooses bankers ahead of potential March IPO: report

Reddit chooses bankers ahead of potential March IPO: report – MarketWatch Skip to main content Advertisement Home Latest News Watchlist Market Data Center U.S. Cryptocurrency Europe Rates Asia Futures Currencies Markets U.S. Markets Canada Europe & Middle East Asia Emerging Markets Latin America Market Data Investing Barron’s Best New Ideas Stocks IPOs Mutual Funds ETFs […]

Jan 09
Bored Ape Yacht Club is a huge mainstream hit, but is Wall Street ready for NFTs?

Within months after its launch in April 2021, Bored Ape Yacht Club (BAYC) has become one of the main reasons Wall Street should take the emerging nonfungible token (NFT) market seriously, thanks to its recent sales turnover of over $1 billion. Celebrities ape into BAYC For the uninitiated, BAYC is a collection of 10,000 cartoons […]

Jan 09
Stitch Fix shares soar 12% after share buyback program announced

Stitch Fix Inc. SFIX, -2.16% stock soared 12% in Thursday trading after the online personal styling service announced a $150 million share buyback program. “This share repurchase program reflects the confidence we have in our strategy, unique value proposition and the growth potential ahead for Stitch Fix, which we believe is not reflected in the […]

Jan 09
5 NFT-based blockchain games that could soar in 2022

After the popularity of DeFi, came the rise of nonfungible tokens (NFTs) and to the surprise of many, NFTs took the spotlight and remain front and center with the highest volume in sales, occuring at the start of January 2022.  Growing number of unique NFT buyers on Ethereum Source: Delphi Digital While 2021 became the […]

Jan 09
Gold sinks 2% Thursday in bullion's first settlement after Fed minutes

Gold futures ended sharply lower Thursday, marking the sharpest daily slump for the precious metal in over six weeks, a day after minutes from the Federal Reserve’s December gathering showed that officials thought rate increases could come sooner and possibly at a faster pace then they previously expected as inflation runs hot. Inflation is usually […]

Jan 09
Coronavirus tally: Daily hospitalizations keep rising to top 116,000, new cases climb above 600,000

The streak of gains for daily averages of new COVID-19 cases and hospitalizations continued, and deaths also rose to 2 1/2-month high, leading Moderna Inc. MRNA, -1.02% Chief Executive Stephane Bancel to say fully vaccinated people may need another booster shot later this year. The seven-day average for COVID-19-related hospitalizations have increased every day to […]

Jan 09
Sanofi, Exscientia sign development deal worth up to $5.2 billion

Shares of Exscientia EXAI, +10.28% jumped 14.3% in premarket trading on Friday after it announced a deal with Sanofi SNY, +1.19% to develop up to 15 new oncology and immunology drug candidates using Exscientia’s artificial intelligence platform. Sanofi’s stock was up 0.8%. As part of the agreement, Sanofi will pay Exscientia an upfront payment of […]