Tesla Rival Rivian Selects Underwriters For IPO, Could Seek $70B Valuation
Amazon.com, Inc (NASDAQ: AMZN) -backed Rivian Automotive Inc has selected underwriters for an initial public offering, Bloomberg reports.
Stocks That Hit 52-Week Highs On Tuesday
Tuesday's morning session saw 173 companies set new 52-week highs.
Crypto Hedge Funds Bought Bitcoin At ‘A Reasonable Level’ During The Dip: Report
Hedge funds specialized in trading cryptocurrencies seemingly treated the latest Bitcoin (CRYPTO: BTC) dump as nothing more than a sale.
George Soros Buys Millions’ Worth of Stocks Linked to Bill Hwang’s Archegos Collapse: Bloomberg
George Soros reportedly snapped up stocks that took a hit amid the collapse of Archegos Capital Management in March.
DBS Bank Singapore Launches Asia’s First Direct Crypto Offering To Clients
Asia’s largest bank has moved to offer its wealthiest clients direct access to cryptocurrencies.
NerdWallet Files For IPO: Report
Consumer financial advice website NerdWallet has reportedly filed for an IPO.
Digital Identity Startup ForgeRock Working With Morgan Stanley for U.S. IPO
-Bloomberg
https://www.bloomberg.com/news/articles/2021-05-04/digital-identity-startup-forgerock-is-said-to-tap-banks-for-ipo