Nvidia-Backed (NVDA) CoreWeave Is Close to Filing Its $4B IPO
CoreWeave, a cloud computing firm backed by chipmaker Nvidia (NVDA), is reportedly close to filing its $4 billion initial public offering (IPO), which could happen as soon as next week. According to Bloomberg, the company is seeking a valuation of $35 billion or more. This move comes after CoreWeave added a $650 million credit line to its balance sheet in October in order to improve its financial position.
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Read MoreWhy Nvidia (NVDA) Stock Is Down Today
Shares of leading designer of graphics chips Nvidia (NASDAQ:NVDA) fell 6.9% in the afternoon session after the company reported Q4 2024 earnings: Additionally, concerns about the company’s performance in China may be weighing on sentiment. Management highlighted declining sales in the region,
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Read More3 Under-the-Radar Tech Stocks Quietly Powering the Digital Revolution
Fueled by groundbreaking breakthroughs and worldwide demand for better solutions, the technology industry is on a stable growth path. Thus, investing in fundamentally stable tech stocks, Motorola Solutions, Inc. (MSI), Power Integrations, Inc. (POWI), and CI&T Inc. (CINT) could be a wise move for investors looking to capitalize on the sector’s growth.
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Read MoreCoforge, Mastek, Tata Tech, Wipro, Mphasis, TechM: Why IT stocks are falling today? Stocks to buy
IT stocks such as Coforge Ltd, Mastek Ltd, Tata Technologies Ltd, Wipro Ltd, Zensar Technologies Ltd and Mphasis Ltd took a beating in Friday’s trade amid fears of a slowing US economy and rising inflation. Uncertainty has crept in the US economic outlook ever since domestic IT firms reported Q3 results,
Looking for better returns than fixed deposits? Check these 3 investment options
Fixed deposits (FDs) have generally been a popular choice for safe investments, but often their interest rates fail to beat inflation. With the Reserve Bank of India (RBI) announcing a repo rate cut, banks have lowered FD rates.
As a result, many investors are now searching for better alternatives that offer higher returns while keeping risk under control.
Read MoreThe Burst
3 Bear Market Bargains
The weight of inflation, high energy costs, rising interest rates, and pessimism has dragged prices down to create a bear market. As prices of former high flying stocks creep ever lower, it’s tempting to cut portfolio holdings and run. But some companies stand out with exceptional business models and are trading at attractive valuations.
When news headlines are pervasively negative,
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Read MoreThe Ivy
Alert: Under-the-Radar Stock with HUGE Potential
Investment Alert: Buy Cenovus Energy (CVE) Under $15.30/share
There is a reason Stanley Druckenmiller did not have a down year in the 30 years he managed money. And it’s the same reason he generated returns north of 30% annually on average. He is really, really good at…
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