SVB collapse is double-whammy for tech startups currently navigating brutal marketplace

Critical Details

Startup CEOs across the U.S. had been now chopping charges and preserving hard cash in advance of Silicon Valley Bank’s failure made additional head aches.
Exit exercise for enterprise-backed startups in the fourth quarter plunged more than 90% from a calendar year earlier, in accordance to facts from the PitchBook-NVCA Undertaking Monitor.
“There was just a complete reversal of the pace at which buyers have been keen to move,” claimed ChartHop CEO Ian White.

Supply

Finance

Stocks making the biggest moves midday: Amazon, Reddit, Pinterest, Sysco & more

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Check out the companies making headlines in midday trading: Amazon — The e-commerce giant said it would sunset its Fresh and Go brick-and-mortar store, marking a pivot in its grocery strategy . Amazon shares rose more than 1% in midday trading, while shares of rival grocers were lower. Kroger and Albertsons shares were both down […]

Finance

Stocks making the biggest moves premarket: Humana, Corning, General Motors, Boeing & more

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Check out the companies making headlines before the bell: UnitedHealth , Humana , CVS Health — The medical insurance stocks dropped after the Centers for Medicare & Medicaid Services released a proposal to raise 2027 Medicare Advantage payment rates by just 0.09%, far lower than expectations for a 4-6% increase, according to FactSet. Shares of […]

Finance

Five years after the GameStop mania, retail investors have become a force Wall Street can’t ignore

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