Shares of Swedish buy-now-pay-later firm Klarna Group Plc fell below their initial public offering (IPO) price for the first time on Friday, just weeks after the company’s highly anticipated debut. The digital-payments firm’s stock dropped as much as 7.7% to $38.31, below the $40 IPO price, amid broader weakness in the fintech sector and investor
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4.4KShares of radiation safety firm Mirion Technologies (NYSE:MIR) jumped 12% on Friday after JPMorgan initiated research coverage with an Overweight rating and a $28 price target, suggesting an upside of roughly 31%. The rally was further fueled by a Politico report indicating that the US Department of Energy (DOE) is preparing to announce $900 million
4.8KA day of significant developments is underway in the corporate world, as a key vice president overseeing one of Amazon’s most ambitious projects steps down, Boeing agrees to resume talks to end a crippling strike, and a new fashion powerhouse is born from a blockbuster collaboration between Nike and Kim Kardashian. Here’s your one-stop stand
1.3KUS markets closed higher on Friday as investors weighed fresh inflation data, weakening consumer sentiment, and mixed corporate developments. Tesla shares edged up on optimism over its artificial intelligence and robotics expansion, while Toyota issued a recall for its Supra vehicles. Meanwhile, President Donald Trump signaled progress toward a potential Gaza deal, adding a geopolitical
1.6KOvo Energy, the UK’s fourth-largest residential gas and electricity supplier, is planning to sell a stake in its software arm, Kaluza, at a potential “unicorn” valuation, Sky News has reported. The move is part of a broader strategy to bolster the balance sheet of the company, which serves just under four million retail customers. The
4KLucid stock price has recovered this month, moving from a low of $15 to $24, its highest point since August 5. Still, it remains about 28% below its highest point in 2024. This article explains why the LCID shares jumped and why it remains at risk of a crash. Why Lucid stock price jumped LucId
1.6KPrime Minister Benjamin Netanyahu’s speech at the United Nations General Assembly (UNGA) was blasted across Gaza for Palestinians to hear thanks to a scheme from Israeli intelligence. The prime minister said he wanted to speak directly to the 20 living hostages who remain in Hamas captivity. ‘I want to do something I’ve never done before. I
3.3KSenate Democrats earlier this year were unwilling to shut down the government over fears of mass firings and deep cuts to spending, but now with a similar threat on the horizon, they seem unwilling to keep the lights on. Senate Minority Leader Chuck Schumer, D-N.Y., and his caucus have further dug into their position in
3KPresident Donald Trump told reporters Friday that the indictment against former FBI Director James Comey is about pursuing long-standing corruption and not political payback. ‘It’s about justice really, it’s not revenge,’ Trump said while departing the White House. ‘It’s also about the fact that you can’t let this go on. They are sick, radical left
3.1KAs Iranian President Masoud Pezeshkian delivered his first address to the United Nations General Assembly on Wednesday, accusing the United States and Israel of ‘savage aggression,’ thousands of Iranian Americans and dissidents massed outside the building to denounce what they called the hypocrisy of the UN for giving Tehran’s rulers a platform. Inside the hall,
