Chime prices IPO at $27 per share to raise $864 million

Chime prices IPO at $27 per share to raise $864 million

By Echo Wang(Reuters) -Financial technology company Chime said on Wednesday it raised $864 million in its initial public offering after pricing shares at $27 each. The company had marketed the offering between $24 and $26 per share. The IPO values Chime at roughly...
BlackRock aims to grow revenue to $35 billion and more by 2030

BlackRock aims to grow revenue to $35 billion and more by 2030

By Davide BarbusciaNEW YORK (Reuters) -BlackRock said on Thursday it was aiming to grow its revenue to $35 billion and more by 2030, as the asset management giant expands its foothold in private markets.The New York-based firm, which reported revenue of $20 billion...
US weekly jobless claims steady at higher levels

US weekly jobless claims steady at higher levels

WASHINGTON (Reuters) -The number of Americans filing new applications for unemployment benefits was unchanged at higher levels last week as labor market conditions continued to steadily ease.Initial claims for state unemployment benefits held steady at a seasonally...

Future Market Insights—Today’s Edge

Your pulse on macro trends, sector rotations, and market-moving alerts Markets are entering a pivotal stretch. Traders are closely watching the upcoming Federal Reserve meeting, fresh inflation data, and several heavyweight earnings reports—all of which could drive...