Now playing Next Markets Reddit’s market value climbs to almost $10 billion following IPO debut Social platform Reddit saw its stocks skyrocket after offering formerly private shares for public purchase. 22/03/2024
Now playing Next Markets Reddit IPO raises $748 million as it sells in-demand shares Social platform Reddit has priced its shares at the top of a market range, bringing the firm's value to $6.4 billion (€5.9 billion). 21/03/2024
Now playing Next Business Reddit's fans set to grabbit as supporters pile in for stock The social media platform plans to go public on Thursday looking to raise up to $748 million through the sale of 22 million shares. 18/03/2024
Now playing Next Economy Ranked: Which cities are Europe’s best financial hubs? The US has five financial centres in the global top 10 while Europe only pulls in two, but how do European cities rank among themselves? 16/03/2024
Now playing Next Business Reddit set to go public: Shares from $31 expected this month Social media company Reddit is expected to become public this month. The San Francisco-based company said on Monday it is looking to raise almost $750 million (€686 million) in an initial public offering of its common stock. 11/03/2024
Now playing Next Markets Online retail giant Shein could provide London's biggest-ever IPO UK Chancellor Jeremy Hunt met the chairman of the online retail giant and talked about its potential listing in the UK. 28/02/2024
Now playing Next Markets Amazon joins Apple and Walt Disney in the 'elite' club of stocks The e-commerce giant will replace drugstore operator Walgreens Boots Alliance on the Dow, before the opening of trading on Monday. 21/02/2024
Now playing Next Markets Lyft shares rocket 62% over a typo in the company's earnings release Lyft shares jumped 62% after the closing bell on Tuesday thanks in part to a typo in the ride-hailing company’s earnings release that appears to have sent investors' auto-trading algorithms - or “bots” - into a buying frenzy. 14/02/2024
Now playing Next Markets Travel giant TUI to leave London Stock Exchange in favour of Germany Shares in German travel giant TUI were trading lower on Wednesday morning on the London Stock Exchange as the company announced it will leave the exchange. 13/02/2024
Now playing Next Markets Who are the GRANOLAS? A look at Europe's 'Magnificent Eleven' stocks Goldman Sachs shines a light on Europe's market leaders, dubbed the 'GRANOLAS', echoing the 'Magnificent Seven' of Wall Street. With a combined market cap exceeding €2.6 trillion, these firms continue to dominate sectors and outperform in European markets. 13/02/2024
Now playing Next Markets Novo Nordisk crossroads: Can the pharma giant address the supply woes? Novo Nordisk faces a pivotal moment as it grapples with supply issues amid soaring demand for its weight-loss drugs. Despite impressive financial gains and market dominance, the Danish pharma giant must navigate a critical decision. 10/02/2024
Now playing Next Markets European shares rise as S&P 500 hits record high as earnings thrill Shares climb in Europe as the S&P 500 hits the 5,000 level for the first time as strong financial results continue. 08/02/2024
Now playing Next Markets AstraZeneca shares tumble despite posting strong sales for cancer drug Shares in AstraZeneca were down nearly 4% on the London Stock Exchange on Thursday morning after reporting its latest financial results. 08/02/2024
Now playing Next Business Shares flying high for Athens Airport after Greek stock exchange debut Greece put up a 30% stake in Athens International Airport SA, subsequently drawing strong investor interest. 07/02/2024
Now playing Next Business Drugmaker Novo Nordisk reaches market value of $500 million Demand for obesity drugs has pushed Novo Nordisk's share price to new highs. 31/01/2024
Now playing Next Markets Flutter starts trading on NYSE: Will it stick with London too? As Flutter moves over to the US, there's questions over whether the company will now end its London listing. 30/01/2024
Now playing Next Business SAP plans to 'transform' 8,000 jobs due to AI-driven business One of Europe’s biggest tech companies is restructuring 8,000 jobs in an effort to shift their focus to AI. 24/01/2024
Now playing Next The Big Question Why are US exchanges more appealing to European companies? NYSE Vice Chair John Tuttle discusses why European companies are opting for US stock exchanges and how the upcoming US elections will impact the IPO market. 19/01/2024
Now playing Next United Kingdom London police arrest six over stock exchange plot Arrests were made in London, Liverpool and Brighton following a police investigation after receiving a tip from a British newspaper about the alleged plan. 15/01/2024
Now playing Next Markets Weekly markets wrap: European shares dip ahead of non-farm payrolls European markets were somewhat downbeat this week, due to disappointing economic data and upcoming US non-farm payrolls 06/01/2024