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17 IPOs are slated to raise $9.1 billion in this week, led by long-awaited Chinese ride-hailing giant $DiDi Global Inc.$.DiDi plans to raise $3.9 billion at a $67.5 billion market cap. DiDi is China’s dominant ride-hailing app, with 15 million drivers across 4,000 cities and towns. The unprofitable company saw revenue more than double in the 1Q21 as its business recovered post-pandemic.New and existing investors intend to purchase $1.3 billion of the IPO.Cybersecurity platform $SentinelOne, Inc$

Jim Cramer says investors should think of this market as a supermarket, where smart stock shoppers c

President Joe Biden will unveil a more than $2 trillion infrastructure and economic recovery package on Wednesday.The plan aims to revitalize U.S. transportation infrastructure, water systems, broadband and manufacturing, among other goals.An increase in the corporate tax rate to 28% and measures designed to prevent offshoring of profits will fund the spending, according to the White House.PresidentJoe Bidenwill unveil a more than $2 trillion infrastructure package on Wednesday as his administra

Zoom and two other ARK stocks will face tough comparisons this year.

U.S. stocks rebounded on Wednesday as investors once again made bets on a strong economic recovery f

March 23 - Elon Musk’s SpaceX will be landing its Starship rockets on Mars well before 2030, the billionaire entrepreneur said in a tweet on Tuesday.The private space company had raised about $850 million in equity financing in February even as a prototype of its Starship rocket exploded during a landing attempt after a high-altitude test launch.The SN9 prototype was a test model of the heavy-lift rocket being developed by SpaceX to carry humans and 100 tons of cargo on future missions to the m

Outlook is brightening, but recovery ‘far from complete,’ Fed chairman says in WSJ op-ed.Federal Reserve Chairman Jerome Powell on Friday said that while the U.S. economic outlook is “brightening,” the recovery is “far from complete.”In an op-ed published in the Wall Street Journal,Powell recounted the moment last February when he realized that the coronavirus pandemic would sweep across the country.“The danger to the U.S. economy was grave. The challenge was to limit the severity and duration o

10-year Treasury yield flirts with 1.75%Only a day after analysts had hailed the victory of the Fede