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Databricks closes in on multibillion funding round at $55 billion valuation to help employees cash out

Databricks is raising at least $5 billion in cash — though it could raise as much as $8 billion — pegging its new valuation at $55 billion, sources say.

Published 26 November 2024
Categorised as Finance News

Stocks making the biggest moves midday: Kohl’s, Best Buy, Zoom Communications, Stellantis and more

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

Published 26 November 2024
Categorised as Finance News

How President-elect Donald Trump may impact investors in these 8 market sectors

President-elect Donald Trump’s agenda carries risks and rewards for various investment sectors, market experts said.

Published 26 November 2024
Categorised as Finance News

Trump’s proposed tariff increases would boost inflation by nearly 1%, Goldman Sachs estimates

The proposed tariffs on China, Canada and Mexico could raise prices for United States consumers, according to Goldman.

Published 26 November 2024
Categorised as Finance News

Stocks making the biggest moves premarket: Amgen, Best Buy, Abercrombie & Fitch, Stellantis and more

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

Published 26 November 2024
Categorised as Finance News

Banco BPM says UniCredit’s ‘unusual’ $10.5 billion takeover offer does not reflect its profitability

UniCredit offered to snap up Banco BPM for roughly $10.5 billion on Monday.

Published 26 November 2024
Categorised as Finance News

Trump vows an additional 10% tariff on China, 25% tariffs on Canada and Mexico

President-elect Donald Trump plans to raise tariffs by an additional 10% on all Chinese goods coming into the U.S., according to a post Monday on his social media platform Truth Social.

Published 26 November 2024
Categorised as Finance News

Stocks making the biggest moves after hours: Zoom Communications, Kohl’s, Semtech and more

See which stocks are posting big moves after the bell.

Published 25 November 2024
Categorised as Finance News

Analyst Dan Clifton breaks down why the stock market rallied the way it did after the election

There’s one key reason the stock market rallied after this month’s presidential election, and it wasn’t necessarily because of the outcome, according to Dan Clifton.

Published 25 November 2024
Categorised as Finance News

Deutsche Bank sees the S&P 500 hitting 7,000 in 2025 on the back of rising risk appetite

Binky Chadha, Deutsche Bank chief global strategist, set a year-end 2025 target for the S&P 500 of 7000, which would translate into a 17% gain.

Published 25 November 2024
Categorised as Finance News

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