The trading floor of the New York Stock Exchange prepares for the social media platform Reddit’s initial public offering in New York City on March 21, 2024. Spencer Platt |…
Category: Tech
India 'very favorable' for IPOs, Peak XV says, as economy and investor sentiment stay strong
Shailendra Singh, managing director of Peak XV Partners. Lionel Ng | Bloomberg | Getty Images India offers a “very favorable” environment for companies to launch initial public offerings, said Shailendra…
Baidu’s robotaxi unit expects to turn profitable next year
A driverless robotaxi autonomous vehicle developed by Baidu Apollo driving along a street in Beijing. Jade Gao | Afp | Getty Images SHANGHAI — Chinese tech company Baidu said Wednesday…
Sony reports 7% drop in annual profit as PlayStation 5 sales miss trimmed target
Sony said sales of its flagship PlayStation 5 console totalled 20.8 million in the fiscal year 2023 slightly lower than an already revised-down 21 million unit target. Nikos Pekiaridis |…