Next Week’s IPO Lineup Is Growing. It Could Be Busy.
The second week of April is shaping up to be a relatively strong time for the IPO market. As many as four more companies are making their stock-market debuts, bringing the total to at least six.Coinbase, the largest U.S. cryptocurrency exchange,is slated to open for trading on Wednesday, April 14. Applovin and TuSimple are listing the next day, three people familiar with the situation said. Agilon Health ismaking its debut that Thursday.And Alkami Technology,a bank software company, and Karat Pa
The demand is high but the production capacity is limited.
Why Semiconductors Are As Scarce As Gold
A shortage of semiconductors is a continuing and major issue.The squeezed market is forcing manufacturers to slow down, weighing on recovery.And ongoing strong demand keeps the pressure on.Computer chips are in short supply due to a sudden spike in demand linked to Covid-19. This demand shock is primarily caused by consumers who can't splash the cash on services such as restaurants and travel and who are now spending more on consumer electronics. The strong demand for home office equipment and f
Why Cathie Wood’s Space ETF Has Some Unexpected Holdings
The ARK Space Exploration & Innovation exchange-traded fund –the eighth fund from Cathie Wood’s ARK Investment Management–attracted a lot of eyeballs at its launch on Tuesday. But investors found some surprises in the fund’s portfolio: Some popular firms in space-exploration related fields were not included, while other seemingly unrelated names–including half a dozen internet tech giants–make up a significant weight.That is because ARK’s space fund isn’t limited to companies directly involved