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Figma aims at $16.4 billion valuation as tech IPOs bounce backInsightsFigma aims at $16.4 billion valuation as tech IPOs bounce backFigma is targeting a fully-diluted valuation of up to $16.4 billion in its initial public offering, as the cloud-based design software firm prepares for a debut on the NYSE that could inject fresh momentum into a resurgent market for tech listings.
JPMorgan Adds Private Firms to Research Starting With OpenAIInsightsJPMorgan Adds Private Firms to Research Starting With OpenAIJPMorgan Chase & Co. is expanding research coverage to private companies in the Wall Street bank’s latest effort to capitalize on the rapidly growing field.
JPMorgan, Wells Fargo and Citi Report Solid Earnings Despite Trump Tariff RisksInsightsJPMorgan, Wells Fargo and Citi Report Solid Earnings Despite Trump Tariff RisksJPMorgan Chase’s chief executive, Jamie Dimon, suggested a greater degree of optimism in his prepared remarks accompanying the bank’s latest earnings.
Lockheed Martin delivers 72 F-35 jets facing upgrade delaysInsightsLockheed Martin delivers 72 F-35 jets facing upgrade delaysLockheed Martin (LMT) has delivered 72 F-35 jets to the U.S. government as of May 1, after several months of delay due to late software improvements, Bloomberg News reported on Monday, citing the Pentagon's program office.
AI Is Already Showing Signs of Slashing Job Openings in the UKInsightsAI Is Already Showing Signs of Slashing Job Openings in the UKUK businesses are dialing back hiring for jobs that are likely to be affected by the rollout of artificial intelligence, a study found, suggesting the new technology is accentuating a slowdown in the nation’s labor market.
Fed minutes show little support for interest rate cut later this monthInsightsFed minutes show little support for interest rate cut later this month"Most participants" at the Fed's meeting last month anticipated rate cuts would be appropriate later this year, with any price shock from tariffs expected to be "temporary or modest," the minutes said.
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