The UK is set for a revival in initial public offerings for smaller companies toward the end of this year, according to City of London broker Cavendish.
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Instacart IPO: Don't expect an IPO rush just yet, analyst saysThere are a lot of investors hoping that if companies like Arm (ARM), Instacart, and Klaviyo have successful market debuts, even more companies will go public. But that may not be the case, says Pitchbook Lead VC Analyst Kyle Stanford. Stanford warns that higher interest rates and high inflation are still hampering the IPO market. Stanford says that even if Instacart's debut goes well, 'I don't think there's anything that really indicates to us that it's going to be a full-fledged rush back to the IPO market.' When it comes time for companies to choose whether to go public or stay private, Stanford says it's a tough choice because 'there's not as much money in the private markets now as there was... two years ago.'
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Friend.tech activity heats up as users returnAs activity resumes on Friend.tech, network fees and revenue have grown back to August highs.
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Avalanche prepares for the next bull run with soaring development activityWhile other blockchains witnessed a decline in active developers, Avalanche’s development activity remained high in the bear market.
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UBS to Cut Hundreds of Wealth Jobs in Asia as Activity SlowsUBS Group AG is cutting hundreds of wealth jobs in Asia just months after completing its takeover of rival Credit Suisse as the bank responds to muted client activity and China’s slowing economy.
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Is Bitcoin’s network activity posing a threat to BNB ChainBitcoin's daily active addresses are on a growing trend, while the opposite was true for BNB Chain. The trading volume of both coins increased in the last 24 hours.
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N.W.T. officials give update on wildfire activityOfficials in the N.W.T. are holding a news conference at 4 p.m. MT Monday to give the latest on the territory's wildfires and evacuations.
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