@wavyloo:On February 8, 2023, Universal Machinery Multi Ways submitted an IPO application to the US Securities and Exchange Commission, requesting a maximum of $16 million to be raised through an initial public offering. Multi Ways plans to raise $16 million by issuing 6.4 million shares at a price of $2 to $3. At the midpoint of the suggested range, Multi Ways Holdings' market value will reach $75 million. Multi Ways plans to be listed on the New York Stock Exchange under the stock code MWG. $Multi Ways Holdings Ltd.(MWG)$
@tiger cub:$Amazon.com(AMZN)$ Walmart's Latest Moves Could Be a Dagger to Amazon's Most Profitable Business Segment Walmart made some changes to its small, but profitable advertising business operations earlier this year. While Amazon's (AMZN 0.16%) competitors were busy catching up to its e-commerce capabilities, the online retail giant was building out its most profitable business ever: advertising. But now that competitors like Walmart (WMT 0.25%) are showing growth in online sales, they've started going after the e-commerce goliath's new profit center. Walmart brought its advertising business in-house in 2019, but it's remained a tiny source of revenue and profits for the retailer compared to Amazon, which generate
@Mungerism:$DBS GROUP HOLDINGS LTD(D05.SI)$In a volatile US market, MAS likely to strengthen the Sing dollar next week, relatively strong domestic economy, is DBs a safe haven play to park some money when it dip further?
@A.111:Market Recap | Stocks Close Lower After Two-Day Rally U.S. stock indexes fell on Wednesday after giving up late-session gains. The $S&P 500 index(.SPX.US)$ fell 7.65 points, or 0.2%, to 3783.28, the tech-focused $Nasdaq Composite Index(.IXIC.US)$ lost around 27.77 points, or 0.2%, to 11148.64 and the $Dow Jones Industrial Average(.DJI.US)$ declined 42.45 points, or 0.1%, to 30273.87. All indexes snapped a two-day long winning streak. Wednesday's decline continues a weekslong selloff in stocks. The market has experienced volatility as the Federal Reserve increased interest rates this year in an effort to tame elevated inflation.