by Bloomberg.com | Aug 8, 2024 | alerts, Markets/Economy
Executives say deal market is back ahead of expected rate cut Firms under pressure to return money to fund investors The biggest publicly traded alternative asset managers have more than a half-trillion dollars to put to work — and they’re gearing up for a deals...
by Bloomberg.com | Aug 8, 2024 | alerts, Markets/Economy
Investors valued the startup at $900 million in its latest funding round. Flyr, a travel startup that provides software to companies including JetBlue Airways Corp., has raised $295 million in equity and debt in a new funding round. The deal, led by WestCap, values...
by Bloomberg.com | Aug 8, 2024 | alerts, Markets/Economy
Company projects 1% to 2% revenue growth, down from 8% to 11% Dating firm ties lower outlook to ‘reset’ of growth strategy Bumble Inc.’s shares took a record plunge on Thursday after the dating company slashed its annual revenue outlook, signaling that an overhaul of...
by Bloomberg.com | Aug 7, 2024 | alerts, Markets/Economy
Bank follows Goldman Sachs in raising risk of a downturn US news suggests ‘early signs of labor shedding,’ bank says JPMorgan Chase & Co. now sees a 35% chance that the US economy tips into a recession by the end of this year, up from 25% as of the start of last...
by Bloomberg.com | Aug 7, 2024 | alerts, Markets/Economy
Flagship fund buys Amazon, AMD, Roku amid market selloff ARKK fund has declined more than 20% since the start of 2024 Cathie Wood scooped up shares of tech firms caught in crushing market rout, just as her flagship fund sank to a new 2024 low. Wood’s ARK Innovation...
