Day: May 13, 2025
Stock and crypto trading site eToro prices IPO at $52 per share ahead of Nasdaq debut
Key Points Israel-based stock brokerage platform eToro said it has priced shares at $52 for its IPO, above its expected range of $46 to $50. The retail trading platform filed for an IPO in March, but as tariff uncertainty rattled markets, the company temporarily shelved ITS plans. EToro scrapped a prior effort to go public […]
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Dallas Mavericks were paid $33 million over 3 years by Chime for jersey patch
Klay Thompson #31 of the Dallas Mavericks handles the ball during the game against the Memphis Grizzlies during the 2025 SoFi Play-In Tournament on April 18, 2025 at FedExForum in Memphis, Tennessee. Joe Murphy | National Basketball Association | Getty Images Chime Financial paid the NBA’s Dallas Mavericks roughly $33 million over three years to […]
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Stock futures are flat on Tuesday with Nasdaq riding five-day winning streak: Live updates
Traders work on the floor at the New York Stock Exchange on May 7, 2025. Brendan McDermid | Reuters Stock futures were little changed on Tuesday evening as Wall Street looks to extend a strong start to the week. Futures tied to the S&P 500 dipped less than 0.1%. Nasdaq 100 futures ticked down about […]
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Airbnb launches redesigned app, new services business
Airbnb co-founder and CEO Brian Chesky speaks about Airbnb Experiences and the launch of Airbnb Services during the Airbnb Summer Release keynote in Los Angeles, California, on May 13, 2025. Patrick T. Fallon | AFP | Getty Images Airbnb launched a redesigned app on Tuesday to showcase the company’s push to let travelers book services, […]
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Epic Systems sued by CureIS Healthcare for alleged ‘scheme to destroy’ its business
A sign that reads “Epic Intergalactic Headquarters” on campus. Epic Systems CureIS Healthcare, a managed care services company, filed a civil lawsuit against Epic Systems on Monday night, alleging the electronic health record (EHR) giant has carried out a “multi-prong scheme to destroy” CureIS’ business. CureIS offers technology and managed services for government programs, including […]
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Google is testing AI search on its homepage
Visual China Group | Getty Images Google‘s stalwart search button has a new neighbor: AI Mode. The artificial intelligence feature is being tested directly beneath the Google search bar beside a “Google Search” button, replacing the “I’m Feeling Lucky” widget. The new feature, though not widely available yet, is being tested in a location where […]
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American Eagle shares plunge 17% after it withdraws guidance, writes off $75 million in inventory
A customer enters an American Eagle store on April 4, 2025 in Miami, Florida. Joe Raedle | Getty Images American Eagle on Tuesday said it’s writing off $75 million in spring and summer merchandise and withdrawing its full-year guidance as it contends with slow sales, steep discounting and an uncertain economy. The apparel retailer said […]
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Fintech company Chime files for Nasdaq IPO
Pavlo Gonchar | Sopa Images | Lightrocket | Getty Images Financial technology company Chime on Tuesday filed paperwork to go public on the Nasdaq. The company intends to file under the ticker symbol “CHYM.” “Chime is a technology company, not a bank,” the company said in its prospectus, noting it’s not a member of the […]
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FDA moves to take prescription fluoride drops and tablets for kids off the market
Ferlistockphoto | Istock | Getty Images The Food and Drug Administration on Tuesday announced it will begin the process of pulling prescription fluoride drops and tablets for children off the market. The supplements are usually given to kids at high risk for cavities. The federal government and some state legislatures are increasingly drawing attention to what they […]
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YouTube will stream NFL Week 1 game in Brazil for free
Patrick Mahomes #15 of the Kansas City Chiefs throws a pass in the first quarter against the Philadelphia Eagles during Super Bowl LIX at Caesars Superdome on February 09, 2025 in New Orleans, Louisiana. Gregory Shamus | Getty Images Sport | Getty Images YouTube will stream the NFL’s week one game on Sept. 5 for […]
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