News

Corebridge Financial Inc. CRBG, -1.26%, the life insurance unit of American International Group Inc. AIG, +0.27%, received a lackluster reception in its public debut, as the stock opened 2.4% the initial public offering price. The company said overnight that it’s IPO priced at $21 a share, at the low end of the expected range, as […]

Shares of Adobe Inc. ADBE, -16.98% sank 3.8% in premarket trading Thursday, after The Wall Street Journal reported that the digital media and publishing company was in advanced talks to buy Figma Inc. in a cash and stock deal valued at $20 billion. Figma is a San Francisco-based design software company founded in 2012. Citing […]

Citigroup Inc. C, -0.01% is due to submit Thursday to federal regulators a new plan for addressing deficiencies in its risk management infrastructure, The Wall Street Journal reported Thursday. The plan includes company milestones the Federal Reserve Bank and the Office of the Comptroller of the Currency (OCC) can review to judge the bank’s progress, […]

American International Group Inc. AIG, +0.37% said late Wednesday it priced the initial public offering of its life insurance unit Corebridge Financial Inc. CRBG, -1.36% at $21 a share, the low end of its price range. The company sold 80 million shares to raise $1.68 billion, marking the biggest IPO of the year to date. […]

• Gold under bearish pressure • Likely to fall to support level 1650.00 Gold under the bearish pressure after the price broke the pivotal support level 1690.00 (which has been reversing Gold from the middle of July). The breakout of the support level 1690.00 continues the clear multi-month downtrend that can be seen on the […]

• Adobe broke multi-month support level 350.00 • Likely to fall to support level 300.00 Adobe today opened with the sharp downward gap, which broke below the key multi-month support level 350.00 (which stopped wave (5) in the middle of June). The breakout of the support level 350.00 accelerated the active intermediate impulse wave (3), […]