Saudi Aramco raised $26 billion in its record-shattering IPO — but banks will get paid an abnormally small 0.25% of that
Saudi Aramco’s initial public offering broke the record for size and largest proceeds when it raised $US26 billion in…
Wall Street is still overwhelmingly bullish on Peloton even after its holiday ad misstep
Wall Street analysts are overwhelmingly bullish on Peloton. Support for the company comes even after shares tumbled amid outcry…
‘Too much, too soon’: A Wall Street firm is urging investors to dump Saudi Aramco’s stock as the company’s valuation spikes above $2 trillion
Saudi Aramco has smashed multiple records since its initial public offering earlier this week. That means investors should take…
Chevron will absorb a nearly $11 billion writedown this quarter — and it could weigh on the entire stock market
Chevron announced Tuesday that it will write down nearly $US11 billion in assets in the fourth quarter. That could…
Elizabeth Warren’s proposed wealth tax will raise $1 trillion less than expected and slow the economy, study finds
Sen. Elizabeth Warren’s proposed wealth tax would set back US economic growth by 0.9% in 2050, according to a…
Saudi Aramco rallies again, reaching a $2 trillion valuation on its second day of trading
Saudi Aramco posted a second-day surge to the $US2 trillion mark. Aramco’s stock rallied 8.2% after pushing up 10%…
The Australian government has revealed how it plans to crack down on Facebook and Google. Here’s what it has in store. – Business Insider Australia
After launching a “world-first” and “groundbreaking” inquiry into Facebook and Google more than two years ago, the Australian government…
Mastercard is trialling a new digital service in Australia which allows you to identify yourself without physical documents – Business Insider Australia
Mastercard is trialling a new digital service for the first time right here in Australia.
Microsoft’s cloud crew is ready to rumble but Amazon is squaring off with Trump
Hello, Welcome back to Trending, the newsletter where we highlight BI Prime’s biggest tech stories of the week. I’m…
Saudi Aramco isn’t the best-performing stock debut of the day. Brazilian finance firm XP skyrocketed 24% in its multibillion-dollar IPO.
Brazilian financial services company XP Inc. surged as much as 26% Wednesday after its initial public offering raised nearly…
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