U.S. IPO Week Ahead: Billion-Dollar Deals Come To Market In A 12 IPO Week
12 IPOs are scheduled to raise $5.6 billion in the week ahead led by two billion-dollar deals.Chinese freight platform Full Truck Alliance plans to raise $1.5 billion at a $19.7 billion market cap. The company’s platform connects shippers with truckers to facilitate shipments across distance ranges, cargo weights, and types. Full Truck states that it is the world's largest digital freight platform by gross transaction value , facilitating 22+ million fulfilled orders with GTV of nearly $8 billio
U.S. safety agency says it has opened probes into 10 Tesla crash deaths since 2016
WASHINGTON, June 17 - U.S. auto safety regulators said on Thursday they have opened 30 investigations into Tesla. crashes involving 10 deaths since 2016 where advanced driver assistance systems were suspected of use.The National Highway Traffic Safety Administration released a list offering details about crashes under review by its Special Crash Investigations programs.The agency, which has previously confirmed some specific Tesla crash investigations, had not previously released to Reuters a
Why Apple Stock Looks Ready To Break Out In The Weeks Ahead
Apple Inc. shares were trading higher Thursday after the Federal Reserve held its rates constant but raised its inflation expectations for the years 2021-2023.Seven Fed officials expect increases in rates in 2022, and 13 officials expect rate increases in 2023.Apple was up 1.26% at the close Thursday at $131.79.Since September 2020, shares have been forming into what technical traders call an ascending triangle pattern.The stock is trading above both the 50-day moving average , and the 200-day m