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DoorDash shares sink as revenue more than triples but loss more than doubles
DoorDash Inc., the food-delivery app whose pandemic-fueled boom helped it pull off one of 2020’s biggest IPOs, said in its…
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Lucid Motors finally confirms SPAC deal, and the stock is plunging
After weeks of spiking share prices for a blank-check company rumored to be targeting the acquisition of electric-vehicle company Lucid…
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Silicon Valley is not suffering a tech exodus, and money is flowing in at record rate — for a fortunate few
Despite reports of an exodus, Silicon Valley remains the tech capital of the world, with new data showing continued record…
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Here are the biggest short squeezes in the stock market, including GameStop and AMC
Short squeezes will remain a big story in the financial-news media until heavily shorted stocks that have been pushed up…
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‘The biggest data puzzle of our lifetime’ — Vaccine distribution effort gets help from Big Tech
The tech industry is throwing its considerable resources into helping get vaccines to millions of Americans amid an alarming upward…
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Affirm stock rockets 90% after IPO
Affirm Holdings Inc. shares are surging about 90% in midday trading Wednesday after the financial-technology company made its public debut.…
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Affirm reportedly prices IPO well above target to raise $1.2 billion
After a delay, payment-technology company Affirm Holdings Inc. is about to get paid. The company, which lets people purchase goods…
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Upstart prices IPO at $20, for market cap of $1.45 billion
Lending company Upstart Inc. is looking to capitalize on a wave of enthusiasm for the financial technology sector as it…
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Wish prices IPO at $24 to raise more than $1 billion
ContextLogic Inc., the parent company of mobile-focused e-commerce platform Wish, priced the shares for its initial public offering at $24…
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IPOs see ‘euphoria’ from retail buyers and it isn’t healthy, says Goldman boss
The market for initial public offerings is getting too euphoric and unhealthy in the longer term, according to Goldman Sachs Chief…
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