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Fintech giant Wise is set go public in a rare Spotify-style listing — and it will be a big test for London

06 Jul Stock Analysis

British money transfer company Wise is set to go public on the London Stock Exchange through a direct listing.

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U.S. stock futures are slightly lower after S&P 500 snaps 7-day winning streak

06 Jul Stock Analysis

U.S. stock futures inched downward Tuesday evening.

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Nextdoor to go public in $4.3 billion SPAC merger as CEO looks toward expansion – CNBC

06 Jul Business

Nextdoor CEO Sarah Friar discussed the company’s plans to go public via a SPAC merger in a deal worth…

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Stocks making the biggest moves midday: Baidu, Tencent, 3M, Halliburton and more

06 Jul Stock Analysis

These are the stocks posting the largest moves in midday trading.

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Shuttered fitting rooms anger shoppers and boost returns. How these retailers are trying to fix that – CNBC

06 Jul Business

A survey from Coresight found that 42.4% of consumers in the U.S. returned unwanted products from March 2020 to…

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‘The easy money has been made’ in airline stocks, trader says. One way to play the group

06 Jul Stock Analysis

The U.S. Global Jets ETF (JETS) could be running out of steam, Piper Sandler’s Craig Johnson warns.

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Didi shares crash as traders react to China’s crackdown

06 Jul Stock Analysis

Shares in Didi Chuxing crashed as much as 25% in pre-market trading on Tuesday, less than a week after…

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Chinese regulators suggested Didi delay its U.S. IPO, WSJ reports – CNBC

05 Jul Business

China’s cybersecurity regulator suggested weeks ago that Didi delay its IPO, WSJ reports

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Porsche to create hypercar company with Bugatti and Croatian electric vehicle maker Rimac – CNBC

05 Jul Business

Rimac will have a 55% stake in the Bigatti-Rimac joint venture, while Porsche will hold a 45% stake in…

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Apollo joins Softbank-backed Fortress in race to buy British supermarket chain

05 Jul Stock Analysis

WM Morrison, Britain’s fourth-largest supermarket chain, could be about to become the target of an international bidding war.

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