Social media company Reddit had a bumper debut on the New York Stock Exchange. Its stocks rose by 48% on the first day of trading, banking on the rally in the tech sector. But what's in store for the company in the future? And what does the bumper debut tell us about U.S. IPOs.

Reddit's bumper debut signals revival of tech IPOs

Social media giant Reddit is inching closer to a public offering, aiming for a $6.4 billion valuation. This comes despite the company's ongoing struggle with profitability. Take a look at this next report for more....

Reddit IPO faces uncertain market conditions

A battle for dominance unfolds in China's smartphone market. New data from research firm Counterpoint reveals a sharp decline in Apple's iPhone sales, plunging 24% in 2024 compared to last year. Meanwhile, Huawei emerges as a formidable competitor, boasting a remarkable 64% surge in sales.

Apple's iPhone sales drop 24% in China amid fierce competition

Social media platform Reddit is eyeing a valuation of up to $6.5 billion in its initial public offering or IPO. But this figure is far less than the $10 billion valuation in 2021.

Social media platform seeks valuation of $6.5 billion via IPO

Embattled Indian ed-tech firm Byju's gets a legal reprieve. India's company law tribunal has reserved its verdict on an interim plea by a group of investors against Byju Raveendran and other promoters.

Byju's  $200 million rights issue to go ahead after legal reprieve

In a decisive move, Macy’s has rebuffed the $5.8 billion proposal from Arkhouse Management and Brigade Capital Management to take the retail giant private. The bid, which aimed to acquire the shares Macy’s doesn’t already own at $21 per share, was rejected on Sunday.

Macy’s rejects $5.8 bn takeover bid from Arkhouse, citing financing & valuation concerns

The Boston consulting group anticipates a surge in the valuation of global banks. The report suggests a potential $7 trillion increase in combined valuations for global banks within the next five years. This projection comes against a backdrop of widespread pessimism fueled by a significant drop in profitability within the banking sector.

Global banks eye $7 trillion upswing; Bank valuations to soar despite hurdles

Indian edtech titan BYJU'Ssubmitted a surprising repayment plan to lenders in which it offers to repay its full $1.2 billion term loan in less than six months.

Private equity groups join BYJU'S to tackle $1.2 bn debt crisis

Dutch-listed technology investor Prosus NV has slashed the valuation of troubled Indian ed-tech startup Byju's to $5.1 billion according to its annual report, a fall of more than 75% from the startup's $22 billion valuation last year.

Prosus slashes India's Byju's valuation to $5 billion

SpaceX, the pioneering private space company led by Elon Musk, is making headlines. Reports have emerged that SpaceX is offering insider shares, propelling its valuation to an impressive $150 billion. This surge in valuation marks a significant leap from their previous worth of $137 billion, a mere six months ago.

SpaceX's insider shares propel valuation to $150 bn

Microsoft Corp shares rose to a new record high close on Thursday as market optimism about the prospects of artificial intelligence (AI) has helped buoy the technology giant to a record market capitalization of $2.

Microsoft Corp valuation rises to record high of $2.6 trillion as shares soar

Let's talk about an ecosystem that evolved rapidly - India's unicorn club. With their disruptive business models, many Indian startups have raked in millions of dollars in funding. They have witnessed a massive surge in valuation, but many of them are now struggling. Watch this video to know more.

Are Indian startups bracing for a tough future?

Our penchant for knowledge and curiosity has helped make Google's parent company Alphabet worth one trillion dollars. They are the fourth American company to break this barrier, after Apple, Microsoft and Amazon.

Alphabet: Google's parent company now a $1 trillion enterprise; fourth US company to achieve the feat

The latest funding round has slightly increased the company's valuation from $11 billion when Pinterest raised $367 million in March 2015

Pinterest raises $150 million, company valued at $12.3 billion

Line's likely valuation is far less than the $10 billion-$20 billion that was expected by investors

Line struggles to demonstrate its growth plan

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