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Bank of America downgrades hot IPO and Nvidia derivative CoreWeave, citing valuation

CNBC: Investing

" Shares of the AI cloud-computing firm have surged more than 37% so far in June and were about 4% higher on Monday.

IPO 100
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Analysts move to the sidelines on CoreWeave stock after big surge since IPO

CNBC: Investing

Its initial public offering earlier this year was the biggest technology IPO since 2021. "[W]e'd like to see more customer diversification and progress on profitability." Analysts at Mizuho Securities and Stifel downgraded the artificial intelligence cloud computing stock to hold in the last 24 hours.

IPO 74
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Morgan Stanley profit exceeds forecasts on dealmaking surge; shares jump to record

Global Banking & Finance

By Tatiana Bautzer, Manya Saini and Niket Nishant (Reuters) – Morgan Stanley’s profit surpassed estimates on a bumper third quarter for investment banking that had also buoyed rivals, sending its stock to a record.

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Spynn Publicity on India’s IPO Boom: Why Startups Need PR to Succeed

Global Banking & Finance

India’s IPO market is back in action, boasting a 56% rise in listings from 2022 to 2023. The turnaround is a sign of investor confidence returning as economic conditions improve, and startups sharpen their focus on profits.

IPO 40
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Go1 snaps up speed reading app Blinkist to expand in enterprise learning

TechCrunch: M&A

The reason Blinkist hasn’t gone out for funding again in the last five years is because it has’t had to: the company is growing and profitable, and it still has money left in the bank, according to Holger Seim, Blinkist’s CEO and co-founder. Blinkist’s last valuation was $160 million in 2018 , when it raised $18.8

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Exit Strategies for PE Investors

OfficeHours

Initial Public Offering (IPO) One way to exit an investment involves taking the company public through an initial public offering (IPO). An IPO involves offering shares of a privately held company to the public in a new stock issuance.

Investors 100
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Goldman Sachs says buy these five stocks that are set to rally

CNBC: Investing

" BJ's "We reiterate our Buy rating on BJ, highlighting that we continue to see earnings upside at BJ driven by a better top-line outlook based on continued strong traffic trends, unit volume growth in grocery categories, and greater customer engagement likely in general merchandise categories as a result of the company's assortment (..)

Stock 130