DIRS.INFO The most relevant business & tech news

☆ Viking is the biggest IPO of the year, capping off a huge month for IPOs
▼ + stars: | 2024-05-01 | by ( Bob Pisani | ) www.cnbc.com time to read: +2 min

The Viking Holdings Ltd. IPO, which starts trading today on the New York Stock Exchange, will be the biggest IPO of 2024 so far. Viking is only the biggest in a month of standouts. Eighteen IPOs raised a combined $5.3 billion in April, according to Renaissance Capital, the busiest month for IPOs since November 2021. The stock market had a miserable April, with the S & P 500 down 4% and, unsurprisingly, many recent IPOs were down. All of the larger, most recent IPOs remain above their initial offering price.

Persons: Del Organizations: Viking Holdings, New York Stock Exchange, Renaissance Capital, IPOs, Viking, Holdings, Epic Locations: Bermuda, Del Monte

☆ The IPO reopening is real. Just look at Rubrik, the first unicorn to go public in months
▼ + stars: | 2024-04-25 | by ( Bob Pisani | ) www.cnbc.com time to read: +4 min

Last night data security firm Rubrik priced 23.5 million shares at $32, above the price talk of 23 million shares at $28-$31, raising $752 million. Rubrik is the first tech unicorn IPO since last fall. Marex Group, a UK-based financial services company known for its global clearing business, priced 15.4 million shares at $19, the midpoint of the price talk of $18-$21, raising $292 million. Loar Holdings, which makes aerospace and defense components, priced 11 million shares at $28, above the range of $24-$26, raising $308 million. All eyes on Rubrik Rubrik is an important test of the tech IPO market.

Persons: Matt Kennedy, Rubrik, Kennedy, Ingram, Del Organizations: Marex, Nasdaq, Loar Holdings, New York Stock Exchange, Viking Holdings, Arm Holdings, Renaissance Capital, UL, Astera Labs, Forge, Companies, Ingram Micro, Epic Locations: Del Monte

☆ Stocks making the biggest moves midday: Ulta Beauty, Netflix, American Express, Ibotta and more
▼ + stars: | 2024-04-19 | by ( Brian Evans | ) www.cnbc.com time to read: +2 min

Ulta Beauty — Ulta Beauty shares fell 3% after Jefferies downgraded the beauty retailer to a hold from a buy rating, citing rising competition. SLB reported $8.71 billion in revenue, just above the $8.69 billion projected by analysts, according to LSEG. However, SLB did report revenue in North America was down year over year. Ibotta — Shares of the technology company fell nearly 6% a day after Ibotta's initial public offering. Intuitive Surgical — Shares ticked down nearly 2% despite the company beating on the top and bottom lines in the first quarter.

Persons: Jefferies, Shopify, Morgan Stanley, SLB, —, Samantha Subin, Michelle Fox, Pia Singh, Jesse Pound Organizations: Netflix, FactSet, Revenue, American Express, Micro Computer, Paramount —, The New York Times, Bloomberg, Sony Pictures Entertainment, Apollo Global Management, PPG Industries Locations: Canada, North America

☆ IPO market continues to open up, market downdraft be damned, but higher rates loom
▼ + stars: | 2024-04-18 | by ( Bob Pisani | ) www.cnbc.com time to read: +3 min

For proof that the market for initial public offerings continues to open up despite the downdraft in the market, just look at this week. This spring reopening, however, is threatened by the specter of higher interest rates. Why higher interest rates hurt IPOs The major headwind: higher for longer interest rates. technology) are more sensitive to a change in interest rates, because their cash flow projections are further out. Still, most admit higher rates make it more difficult to get investors excited about IPOs.

Persons: Ibotta, Rubrik, Matt Kennedy, IPOs, That's, Kennedy, Santosh Rao Organizations: Centuri Holdings, Southwest Gas Holdings, UL Solutions, Group, Renaissance Capital, Loar Holdings, Manhattan Venture Partners

☆ AI will dominate both IPOs and established companies, says JC2 Ventures CEO John Chambers
▼ + stars: | 2024-04-18 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailAI will dominate both IPOs and established companies, says JC2 Ventures CEO John ChambersJohn Chambers, JC2 Ventures CEO and former Cisco CEO, joins 'Closing Bell Overtime' to talk the IPO market starting to warm up with the IPO of Ibotta today.

Persons: John Chambers John Chambers Organizations: JC2, Cisco Locations: Ibotta

☆ There are green shoots appearing in the IPO market. Here are the stocks to watch going public soon
▼ + stars: | 2024-04-10 | by ( Bob Pisani | ) www.cnbc.com time to read: +6 min

Two months ago, I wrote a story entitled, "The IPO market is looking very shaky and facing challenges galore." Two months later, the IPO market is still shaky, but there are definite signs of improvement. Second, three $100 million IPOs have filed to go public in the past week, including Viking (the cruise line operator) and Rubrik, a data management platform. Greg Martin at Rainmaker Securities told me that the recent performance of Reddit and Astera Labs, "Were nice shots in the arm for the IPO market. Even with markets at new highs, the specter of interest rates creeping up is still hanging over the IPO market.

Persons: Matt Kennedy, Reddit, Greg Martin, Ibotta, Ingram, Del, Viking, Howe Ng, I'm, Martin, Rainmaker, Santosh Rao Organizations: IPOs, Viking, Renaissance Capital, Astera Labs, Rainmaker Securities, NYSE, UL Solutions, Underwriters Laboratories, Nursing, Centuri Holdings, Labs, Companies, Ingram Micro, Epic, Manhattan Venture Partners Locations: IPOs, Del Monte

☆ Meet the millennials who don't want to be managers. They say the extra pressure isn't worth it.
▼ + stars: | 2023-11-23 | by ( Madison Hoff | ) www.businessinsider.com time to read: +5 min

One millennial said the manager role she would move into next seems to be a high pressure job. Devika said younger millennials like her may not see moving to a manager role as worth it because "it's just giving up too much of your personal life and then life is short." That includes feeling extra pressure from senior management, Derler said. She added that new managers don't often get that learning opportunity and then form bad habits that are hard to eradicate later. The Visier survey found 71% of respondents, including those who don't necessarily want to be people managers, said better compensation would be a top incentive for becoming this kind of manager.

Persons: —, Devika, she's, millennials, Andrea Derler, Derler, Justin Vallely, Vallely, it's, onboarding, aren't Organizations: Service Locations: That's

☆ Whole Foods is attracting extreme couponers who are sharing tips on TikTok for saving money at the supermarket once known as 'whole paycheck'
▼ + stars: | 2023-08-17 | by ( Alex Bitter | ) www.businessinsider.com time to read: +4 min

Extreme couponers are posting tips on TikTok for saving money at Whole Foods. One user said she cut her bill from about $58 to less than $13 using discounts. While she saved a few dollars using a Prime membership, M_adisen saved $23.49 using discounts from Ibotta and another $18.71 from Aisle, another company that offers discounts on specific products. A video from user fitwithshelle highlights products that she purchased using discounts at Whole Foods, including vegan ice cream and a coconut smoothie. The cuts have primarily targeted often-purchased grocery items such as produce.

Persons: M_adisen, doonydoesstuff, they've, It's Organizations: Foods, Service, Amazon, Dollar, Walmart, kiwis, Austin, Wall Street Locations: Wall, Silicon

☆ Dollar General wants to be your bank
▼ + stars: | 2023-02-10 | by ( Alex Bitter | ) www.businessinsider.com time to read: +2 min

Dollar General is pushing farther into financial services for its customers. Dollar General has added banking services over the past year, taking it beyond discount retail. Customers "want and need" financial services like the ones Dollar General is offering, CEO Jeff Owen said on a May earnings call. A Dollar General spokesperson confirmed that the list is current, but declined to offer additional comment. Do you work at Dollar General or have information to share?

☆ 12 ways to save on groceries during inflation
▼ + stars: | 2023-01-23 | by ( Jamie Johnson | Jamie Johnson Is A Kansas City-Based Personal Finance Writer Whose Work Has Been Featured On Several Of The Top Finance | Business Sites In The Country | ) www.businessinsider.com time to read: +11 min

12 ways to save money on groceriesGroceries are an unavoidable purchase, but by shopping strategically, you can avoid paying full price at the store. You can also use loyalty programs to save money at your favorite stores. Retailers like Walmart, Target, and Kroger all offer membership programs where you can earn free delivery for groceries, save money on gas, and learn about in-store promotions. Buying in bulkYou can save on groceries during inflation by buying household products in bulk at warehouse stores like Costco and Sam's Club. Get organized and plan aheadOne of the best ways to avoid overspending is to go to the grocery store with a plan.

☆ A South Carolina mom who never pays for toothpaste or toilet paper shares the free app everyone should have to save money
▼ + stars: | 2022-09-15 | by ( Mary Beth Gahan | ) www.businessinsider.com time to read: +4 min

Hayley Bennett runs @that_coupon_chick, an Instagram page focused on coupons and deals, and recommends Ibotta as her favorite app. Everything was expensive and I was trying to find a way to save as much money as I could. I thought I was just going to use coupons here and there, save a little bit of money. Then I realized just how much this could really impact people and how much money you really could save. There's one app I recommend getting right awayI use a multitude of apps, but if anyone was going to get just one app, get Ibotta.

You can earn more cash back for online purchases when you stack credit card rewards with shopping portal deals. Crystal Cox/Business InsiderOpening and using a rewards credit card can help you earn extra cash back when you shop. In fact, stacking credit card rewards with online deals is one of the best ways to save money when you shop. Register your credit card with a cash-back appSome cash-back apps award you with more cash back when you register your credit card. The key to using rewards credit cards responsibly is to treat them like debit cards, so don't use them as an excuse to overspend.

Review: Chase Freedom Unlimited reviewIf you prefer an all-purpose, flat-rate cash-back card without having to track different categories, the Citi® Double Cash Card is an easy win. Review: Citi Double Cash Card reviewThe no-annual-fee Wells Fargo Active Cash® Card is similar to the Citi® Double Cash Card as it also earns unlimited 2% cash rewards on all purchases. Review: Customized Cash Rewards reviewAmerican Express cards are known for their solid purchase protections and extended warranty, and the American Express® Gold Card offers some of the best benefits. Review: US Bank Shopper Cash Rewards reviewTips to boost your Black Friday and Cyber Monday rewardsUse a shopping portalDeciding on the best rewards credit card can seem daunting, with many cards offering extra rewards in the same bonus categories. You'll find that a lot of the cards for Black Friday deals and Cyber Monday shopping also appear on our list of the best cards for online shopping, for example.

Search resuls for: "Ibotta"

13 mentions found