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Instacart IPO, oil prices climb: Yahoo Finance Live

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The long-anticipated public debut of Instacart (CART) has arrived. The grocery delivery company is set to IPO on the Nasdaq after pricing at $30/share, valuing the company at $10 billion. Oil is also on investors' minds, with supply concerns rising after production cuts from several OPEC member nations. All this comes as the Federal Reserve kicks off its two-day policy meeting today. Top trending tickers include Rocket Lab (RKLB), with shares sinking following a failed launch, Nikola (NKLA) moving on leadership changes, and Moderna (MRNA) falling on weaker vaccine demand.Top guests on Yahoo Finance Live today include:9 a.m. ET - Caleb Silver, Investopedia Editor-In-Chief10 a.m. ET - Mike Mayo, Wells Fargo Securities managing director and head of U.S. large-cap bank research10:15 a.m. ET - Jessica Lautz, National Association of REALTORS Deputy Chief Economist10:30 a.m. ET - David Foulkes - Brunswick CEO

Awkward Encounters: Pushing Limits of EmbarrassmentBoth CNR and CP are excellent long-term buy-and-hold stocks. Here’s how I would invest in them. The post Better Buy: Canadian Pacific Railway Stock or Canadian National Railway? appeared first on The Motley Fool Canada.OTTAWA — Economists are forecasting inflation reaccelerated to around four per cent last month, reversing previous progress made as gasoline prices push inflation higher.

Canada's inflation rate tumbled to 2.8 per cent in June, entering the Bank of Canada's target range of one to three per cent for the first time since March 2021. The c -- Authorities detained some staff of the money management business of China Evergrande Group, a sign that the saga around the defaulted developer at the heart of the nation’s property crisis has entered a new phase involving the criminal justice system.

 

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Instacart’s Long-Awaited IPO to Test CEO’s Pivot, Market ReboundOnline grocery startup Instacart has been flirting with an initial public offering for years and is finally set to take the plunge Monday in another bellwether listing for a still-anxious market.
Fonte: BNNBloomberg - 🏆 83. / 50 Leggi di più »