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NASDAQ

Bank software provider Alkami aims for over $2bn valuation in US IPO
Markets

Bank software provider Alkami aims for over $2bn valuation in US IPO

  • The company said it was looking to raise as much as $150 million by selling 6 million shares at a price range of $22 to $25 per share.
  • Backed by investors including General Atlantic and D1 Capital, Alkami supplies cloud-based platforms that banks and credit unions can use to set up digital offerings for their retail and business customers.
Published 05 Apr, 2021 06:44pm
S&P 500 hits 4,000 mark
Print

S&P 500 hits 4,000 mark

NEW YORK: The S&P 500 breached the 4,000 mark for the first time on Thursday, powered by gains in technology...
Published 02 Apr, 2021 04:58am
Wall Street dips
Markets

Wall Street dips

NEW YORK: US stocks ended down slightly on Tuesday, with investors selling tech-related growth shares after US...
Published 01 Apr, 2021 04:10am
Wall Street rises on tech boost; Tesla gains
Markets

Wall Street rises on tech boost; Tesla gains

  • Tesla gains as Ark Invest sets PT of $3,000 by 2025.
  • Kansas City surges on $25 bln buyout deal from Canadian Pacific.
  • MSCI Turkey ETF sinks after shocking exit of c.bank governor.
  • Indexes up: Dow 0.13%, S&P up 0.42%, Nasdaq rises 0.83%.
Published 22 Mar, 2021 08:57pm
Tokyo stocks open marginally higher ahead of key data
Markets

Tokyo stocks open marginally higher ahead of key data

  • In Tokyo, e-commerce giant Rakuten skyrocketed 20.72 percent to a day-time upper limit of 1,503 yen and Japan Post gained 1.95 percent to 1,045.5 yen after the companies confirmed reports that the two firms agreed to form a capital alliance.
Published 15 Mar, 2021 10:29am