US IPO Week Ahead: DiDi makes its billion-dollar debut in a 17 IPO week
17 IPOs are slated to raise $9.1 billion in this week, led by long-awaited Chinese ride-hailing giant $DiDi Global Inc.$.DiDi plans to raise $3.9 billion at a $67.5 billion market cap. DiDi is China’s dominant ride-hailing app, with 15 million drivers across 4,000 cities and towns. The unprofitable company saw revenue more than double in the 1Q21 as its business recovered post-pandemic.New and existing investors intend to purchase $1.3 billion of the IPO.Cybersecurity platform $SentinelOne, Inc$
Once my favorite stock, the current valuation for Apple doesn't make a whole lot of sense to me.However, Apple is a great business that remains on my radar. I share the price Apple would need to trade down to for me to expect above-average returns from the stock.An idea for how to get exposure to Apple Inc. without paying full price.Apple's net income has increased from $1.3 billion in FY 2005 to over $57 billion in FY 2020. As you can see from the graph below, the iPhone launch in 2007 was a ga