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May 10, 2024
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it is a big deal that signals that could be not just an opening of the ipo markets for u.s. s and investors, but also possibly chinese based companies. >> even with the issues with the biden administration, viking even with a tough week of trading is above its ipo price. what is interesting here, a chinese based company listing in the united states. what does it say about investor demand for ev's at a time where we have been talking so much about the difficulties in that industry? >> it is a little bit overblown honestly. it is not growing at 50% or 80% like a couple of years ago, but still 5%, 10%, 15% in the u.s.. all of the chinese automakers, there are plenty of growth for them to get in the chinese market in southeast asia, south america and mexico. in europe for that matter. u.s. ev makers are not really capitalizing on it just yet. even some of their competitors are not really up to speed. if you are looking for a growth story, chinese ev makers have a leg up in terms of developing vehicles and batteries that the other established competitors are not ready to take adva
it is a big deal that signals that could be not just an opening of the ipo markets for u.s. s and investors, but also possibly chinese based companies. >> even with the issues with the biden administration, viking even with a tough week of trading is above its ipo price. what is interesting here, a chinese based company listing in the united states. what does it say about investor demand for ev's at a time where we have been talking so much about the difficulties in that industry?...
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May 10, 2024
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zeekr has priced the u.s. ipot $21 a share according to multiple reports the listing which is said to be several times over subscribed values the geely backed open at $5 billion emily tan filed this report. >> reporter: zeekr will debut on friday under the ticker zk this is thing biggest ipo since 2021 in the u.s. this is at the top of the listing at $21 and raising $441 the million in the process in the upsized ipo. zeekr saw strong demand and closed the books a day early this comes as the industry faced competition with the price war and the risk of china tariffs. geely automobile is the parent company in the listing buying in $349 million in stock. zeekr is a three-year old start up and in the first four months, out performing xpeng and ni. i'm emily tan. back to you. >> the ceo of zeekr will come your way at 4:30 cet we will hear from daniel li at 16:30 cet. >>> over to the gaming sector. roblox shares slumped in the last two years as concerns grow over a continued slump in the video game industry. the gaming
zeekr has priced the u.s. ipot $21 a share according to multiple reports the listing which is said to be several times over subscribed values the geely backed open at $5 billion emily tan filed this report. >> reporter: zeekr will debut on friday under the ticker zk this is thing biggest ipo since 2021 in the u.s. this is at the top of the listing at $21 and raising $441 the million in the process in the upsized ipo. zeekr saw strong demand and closed the books a day early this comes as...
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May 10, 2024
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the biggest u.s. ipo by a chinese based company in three years. a lot of lines to keep track of.: the week, risk on. s&p up for the third week in a row. bloomberg dollar index up. oil and risk asset higher. 10 year yield, a little bid. it is small enough, overall investors are bullish. dow, we don't usually talk about. 8 day chart. it's been up eight days in a row. interesting to see this strength for the blue-chip index. s&p, earnings season is over. stocks had been near record highs, then down, now this winning streak. overall, this is what the s&p has done. relative to past seasons, really doing a whole lot of nothing. katie: thank you. coming up, jenny johnston of franklin templeton. why companies are choosing to stay private for longer. ♪ abigail: coming up, george arison. this is bloomberg. ♪ ♪ katie: david westin spoke with jenny johnson of franklin templeton in los angeles. they talked about growth and opportunities. jenny: we've been global, 160 countries. we used to be traditional management. we are a top 10 alternatives. secondary private equity, real estate, private c
the biggest u.s. ipo by a chinese based company in three years. a lot of lines to keep track of.: the week, risk on. s&p up for the third week in a row. bloomberg dollar index up. oil and risk asset higher. 10 year yield, a little bid. it is small enough, overall investors are bullish. dow, we don't usually talk about. 8 day chart. it's been up eight days in a row. interesting to see this strength for the blue-chip index. s&p, earnings season is over. stocks had been near record highs,...
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May 13, 2024
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u.s. if you just stay in europe, so far this year, there have been four uk ipos out of 30 across europe thatls you a clearly picture where the uk sits in the broader mix of all these things. is there a fear that london and the uk will forego the concerns that the united states has in order to get them listed here? >> that is the question. will there be a compromise and will they go in that direction to what extent we have to highlight interest in the uk stocks at the moment. a lot of conversations of potential takeovers with anglo american and we saw the deal a couple of weeks ago. there is interest in uk stocks and what is the future for the london stock exchange? we posed that question and we hear london is attractive and it is attractive to some companies, but can it compete with the wall street so far, there are a lot of challenges for london. >> if they are able to compete at this stage, they get bought out stateside. that is the worry that the market is trying to do away with, if possible. i also understand they are courting colgate and others? >> that is an interesting time >> very in
u.s. if you just stay in europe, so far this year, there have been four uk ipos out of 30 across europe thatls you a clearly picture where the uk sits in the broader mix of all these things. is there a fear that london and the uk will forego the concerns that the united states has in order to get them listed here? >> that is the question. will there be a compromise and will they go in that direction to what extent we have to highlight interest in the uk stocks at the moment. a lot of...
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May 1, 2024
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. >>> viking raises $1.5 billion, making it the second largest u.s. ipoply bolo, falling $58,000. rate now trading at just about 57, down 4.5%. >>> several economic reports. another busy day of earnings from names like pfizer and qualcomm and the fed announces its late evidence monetary policy decision at 2:00 p.m. eastern and that's followed by jay powell's press conference at 2:30 p.m. >>> we kick off this new trading month. ahead of all that, take a look at futures. the dow looks like it would open 80 points lower. joining me now is courtney garcia, a cnbc contributor. good morning from london. i want to get into this right away. what do you expect from jay powell. how do you see the market moving or not moving with the 2:30 press conference? >> i think it's widely expected that the fed's going to be basically be on hold. everybody's going to be sitting on pins and needles to see where they are going forward. we have now had four months in a row where inflation is showing inflation at 2.4% to 2.6%, which is clearly higher. that's why everybody is think
. >>> viking raises $1.5 billion, making it the second largest u.s. ipoply bolo, falling $58,000. rate now trading at just about 57, down 4.5%. >>> several economic reports. another busy day of earnings from names like pfizer and qualcomm and the fed announces its late evidence monetary policy decision at 2:00 p.m. eastern and that's followed by jay powell's press conference at 2:30 p.m. >>> we kick off this new trading month. ahead of all that, take a look at...
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May 29, 2024
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coming up we will talk about the state of the u.s. ipo market.ogy. ♪ ed: you are looking at a live shot of the principal room. coming up, a new episode of the circuit. the youtube ceo along with emily chang. check the full episode tonight. this is bloomberg. caroline: we talked about it earlier, the lack of ipos market and in a recent op-ed, eric argues the number of u.s. companies is plummeting. bad news for the component of the economy saying exit opportunities are critical to the promise of american innovation and neglecting them will be our collective detriment. we are pleased to welcome to the show now eric. as you write that out and now thinking about broadening out the conversation you articulate why it's bad for wannabe investors and for future growth and financial benefits to many, but why is this happening from your perspective? >> it's happening mostly due to regulations. that's the number one factor. the number two factor is these companies are choosing to stay private longer because is more private capital. it's a bit of a conundrum
coming up we will talk about the state of the u.s. ipo market.ogy. ♪ ed: you are looking at a live shot of the principal room. coming up, a new episode of the circuit. the youtube ceo along with emily chang. check the full episode tonight. this is bloomberg. caroline: we talked about it earlier, the lack of ipos market and in a recent op-ed, eric argues the number of u.s. companies is plummeting. bad news for the component of the economy saying exit opportunities are critical to the promise...
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May 13, 2024
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the chinese founded fashion chain shein has been on the fast track for u.s. ipo.g its best to win over. so far, has failed to win acceptance from the national retail federation. gabrielle is tracking the story. what is the hold up? >> shein has tried to become a member of the national retail federation multiple times but keeps getting rejected. we do not actually know why but my sources have told me is that there is somebody within the organization that is against it and let's break this down a little bit. the ceo is matt shea. we do not actually know who decides or becomes a member but matt shea keeps close counsel with his board of directors. there is a lot of board of directors furthers an executive committee and leadership committee. a lot of. you got walmart, target, macy's, levis, albertsons, luxury players. whether or not those executives are against this and are holding it up, we don't know but we know that they keep close counsel with him. >> it's called the national retail federation. are we defining this within the borders of who is operating? you menti
the chinese founded fashion chain shein has been on the fast track for u.s. ipo.g its best to win over. so far, has failed to win acceptance from the national retail federation. gabrielle is tracking the story. what is the hold up? >> shein has tried to become a member of the national retail federation multiple times but keeps getting rejected. we do not actually know why but my sources have told me is that there is somebody within the organization that is against it and let's break this...
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May 9, 2024
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the company sold shares that marked the biggest u.s. ipo this year in a chinese company.ll start trading in new york on monday under the symbol zk. tesla is cutting jobs in china amid a slowdown in ev sales and intense competition. additional layoffs began this week affecting departments from production to customer service. that cuts include at tesla's shanghai plant, home to more than half of the company's global production. haidi: and the japan current account balance data is just crossing. the bloomberg the march trade surplus is coming in at ¥491 billion, slightly shy of expectations, almost ¥550 billion the current account surplus coming in at ¥3.9 trillion. adjusted current account surplus just over ¥2 trillion for the month of march. these numbers have come under increasing scrutiny when we saw bloomberg analysis looking at the boj's accounts suggesting that japan did intervene in recent sessions to support the yen. that changes in the accounts suggesting we saw a ¥5.5 trillion intervention. we are also hearing now from the finance minister suzuki speaking in tokyo
the company sold shares that marked the biggest u.s. ipo this year in a chinese company.ll start trading in new york on monday under the symbol zk. tesla is cutting jobs in china amid a slowdown in ev sales and intense competition. additional layoffs began this week affecting departments from production to customer service. that cuts include at tesla's shanghai plant, home to more than half of the company's global production. haidi: and the japan current account balance data is just crossing....
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May 2, 2024
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. >> meanwhile, were going to give you sort of a broad perspective of the u.s. ipohe moment. a little bit more macro in our venture capital. that is next. this is bloomberg technology. (♪♪) (♪♪) what took you so long? i'm sorry, there was a long line at the thai place. you get the sauce i like? of course! you're the man! i wish. the future isn't scary. not investing in it is. nasdaq-100 innovators. one etf. before investing, carefully read and consider fund investment objectives, risks, charges, expenses and more in prospectus at invesco.com >> you are looking at a live shot of the principal room. we are a weekend from bloomberg technology's live event in san francisco. check out the qr code for all the details. this is bloomberg. >> let's get some news in the world of private markets. blood chest thing -- blood testing company karius led by existing ventures alongside 5:00 a.m. ventures and glide health care. the company declined to give its valuation but says people use the cash to get its technology for detecting hard to identify infections into more hospitals. w
. >> meanwhile, were going to give you sort of a broad perspective of the u.s. ipohe moment. a little bit more macro in our venture capital. that is next. this is bloomberg technology. (♪♪) (♪♪) what took you so long? i'm sorry, there was a long line at the thai place. you get the sauce i like? of course! you're the man! i wish. the future isn't scary. not investing in it is. nasdaq-100 innovators. one etf. before investing, carefully read and consider fund investment objectives,...
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May 3, 2024
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u.s. is looking better and the ipo today will be a good sign, of the three, asia is more challenging.ally interesting on the details for europe. that is the story earlier about demand. thank you indeed. sony and apollo made a bid for paramount global. they offer is a nonbinding offer and paramount weighed a proposal from the hell of sky dance. hong kong watchdogs launched proceedings against edge fund capital. the ssc alleges dealing before a block trade. the company deny the allegations. coming up, results from last night's u.k. elections. what is the take away for the prime minister's conservative party? that conversation is next, this is bloomberg. ♪ ♪ >> welcome back to daybreak europe. u.k. election results are streaming in with the opposition making gains. winning a by election in a below for richey sumac. some wanted a shellacking for the tories, how bad was it? reporter: results will trickle in until sunday. a key result, the most important result today is blackpool south. scott benton stood down following the lobbying scandal in the swing to labor is 26 percent, third-largest
u.s. is looking better and the ipo today will be a good sign, of the three, asia is more challenging.ally interesting on the details for europe. that is the story earlier about demand. thank you indeed. sony and apollo made a bid for paramount global. they offer is a nonbinding offer and paramount weighed a proposal from the hell of sky dance. hong kong watchdogs launched proceedings against edge fund capital. the ssc alleges dealing before a block trade. the company deny the allegations....
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May 14, 2024
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and uk online gaming company games global filing to withdrawal its u.s. ipocompany blaming what they say are current market conditions for that move. >>> futures right now, as you can see, up 59 points. treasuries are quiet, but the ppi could change that pretty quickly, when we finally see that 448 on the ten-year. let's get to dom chu with a look at this morning's pre-mark, pre-market movers. hey, dom. >> a lot of things on the move. joe, becky, andrew, that's dow component home depot. it's moving between gains and losses, but currently up about a half a percent pre-market, just around 30,000 shares of volume, adding around 12 upside points. this is a mixed quarter for america's biggest home improvement retailer, profits beat estimates, but revenues narrowly missed. full-year guidance was affirmed to re-affirmed. home depot did see sales decline due at least in part to customers putting off bigger renovation projects given higher interest rates in that environment. those shares up about half a percent. next up, overseas. alibaba, u.s. listed shares are down
and uk online gaming company games global filing to withdrawal its u.s. ipocompany blaming what they say are current market conditions for that move. >>> futures right now, as you can see, up 59 points. treasuries are quiet, but the ppi could change that pretty quickly, when we finally see that 448 on the ten-year. let's get to dom chu with a look at this morning's pre-mark, pre-market movers. hey, dom. >> a lot of things on the move. joe, becky, andrew, that's dow component home...
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May 1, 2024
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end of the expected range the cruise operator raising $1.5 billion making it the second largest u.s. ipoof his truth social app to nearly 65% s.e.c. filing showing that trump secured 36 million shares of trump media technology group through an earn out bonus. stock surged more than 50% just in the past week, but still down more than 25% in total from its peak at the end of march >>> let's check the futures this morning. even after yesterday's steep declines for the markets, 1.5% losses for both the dow and the s&p 500. 2% loss for the nasdaq you're not seeing any rebound this morning dow futures off just about triple digits now. the nasdaq down by 105 and the s&p is down by about 21. let's get over to contessa brewer with a look at some of this morning's premarket movers. what are you seeing? >> cvs shares plummeting this morning. in the last half hour, it reported earnings and revenue that missed expectations and it slashed guidance for the full year and look at those shares now, down by nearly 12% in the free market. the company got hit by investment and expanding its medicare advantag
end of the expected range the cruise operator raising $1.5 billion making it the second largest u.s. ipoof his truth social app to nearly 65% s.e.c. filing showing that trump secured 36 million shares of trump media technology group through an earn out bonus. stock surged more than 50% just in the past week, but still down more than 25% in total from its peak at the end of march >>> let's check the futures this morning. even after yesterday's steep declines for the markets, 1.5% losses...
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May 29, 2024
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u.s. dominance and continue enjoying the benefits of our economy. let's bring in eric hippeau. he joins us now the talk about this. the stagnant ipo isn't helping. according to u.s. bancorp 20211, record breaking year. ipos reached a 22-date -- 2-date high of more than 1,000. that was following a drop can in 2022 of about a 83% to 175 and and then you can see what happened, it got a little bit worse in 2023. finish why is this such a bad thing when public companies are blossoming? private, rather, private companies are place blossoming? >> yes, well, the entire economy is based on public companies. they're the ones who said the -- who set the trends, who set the comparables, are able to raise billions of dollars, who are employing the most people. so it's great that we are able to to keep private companies private longer. at some point they have to go public. and at the moment, it's not possible. if they, as you pointed out, there's fewer and fewer ipos. and this has been going on, you know, for decades now. we're down to about 4,000 companies at this trend in about a 20 years we'll be down to 2,000 companies. and so that's just u
u.s. dominance and continue enjoying the benefits of our economy. let's bring in eric hippeau. he joins us now the talk about this. the stagnant ipo isn't helping. according to u.s. bancorp 20211, record breaking year. ipos reached a 22-date -- 2-date high of more than 1,000. that was following a drop can in 2022 of about a 83% to 175 and and then you can see what happened, it got a little bit worse in 2023. finish why is this such a bad thing when public companies are blossoming? private,...
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May 6, 2024
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. >>> and momenta technology has filed for an ipo here in the u.s.ombergreports the company is working with goldman sachs and ubs and cic on a listing that may happen as soon as this year and could raise as much as $300 million in the offering. momenta was founded in 2016 from engineers of microsoft. >>> and boeing is lan launching astronauts tonight on the star liner. the program faced years of delays with unmanned test flights hit with software and equipment issues. starliner will blast off on the rocket from cape canaveral in florida and it is the first time astronauts have been launched since the 1960s. frank. >> thank you. >>> turning attention to china. growth in the services sector slowing in march according to the latest survey and still indicating expansion for the 16th straight month. this as consumers continue to hold back on spending in the face of ongoing uncertainty. we have eunice yoon with more from beijing. >> reporter: thanks, frank. if you want to know what is going on wlt cith the chinese consumer, look at this latest company whic
. >>> and momenta technology has filed for an ipo here in the u.s.ombergreports the company is working with goldman sachs and ubs and cic on a listing that may happen as soon as this year and could raise as much as $300 million in the offering. momenta was founded in 2016 from engineers of microsoft. >>> and boeing is lan launching astronauts tonight on the star liner. the program faced years of delays with unmanned test flights hit with software and equipment issues....
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May 30, 2024
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ipo price. trading at $49 when i last look. we are expecting growth. the u.s. market is quite mature.pect them to deliver on numbers. we are looking at europe where the sentiment is weaker and market is weaker. we are looking at revenues of 476 million euro. it is a premium brand. it's a difference. the premium brands are not suffering as much as the lower-consumer brands. >> lucy, thank you for running us through the numbers and u.s. retailers. lucy cootts at jm finn. >>> i want to leave you with the numbers for the equity markets. this is the picture right now. we have seen buyers come back in. the ftse 100 is higher at 1.1%. the dax is eeking out a marginal gain. we see boosted sentiment with the last two or three trading days. a lot of concern and jitters around these spikes in the bond yields we have seen in the u.s. and here in europe. we have better than expected data on both sides of the pond. the treasury auctions which were not perceived at all. signs of stabilization is the message coming from the european markets today. when we take a quick check of the u.s. futures, those
ipo price. trading at $49 when i last look. we are expecting growth. the u.s. market is quite mature.pect them to deliver on numbers. we are looking at europe where the sentiment is weaker and market is weaker. we are looking at revenues of 476 million euro. it is a premium brand. it's a difference. the premium brands are not suffering as much as the lower-consumer brands. >> lucy, thank you for running us through the numbers and u.s. retailers. lucy cootts at jm finn. >>> i want...
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u.s. investors that the ip market is close to the a.i. frenzy because usually the ipo view sometimes incorporates speculative businesses that have a very long time to maturity and the very high upfront cost market, i think it would be hard for startups to get their foot in the door and become dominant. i think it's been to the benefit of investors that the ipo market has been closed in my partial worry over the coming months because of a bull market index hitting highs with relatively low volatility that starts to change and investors get exposed to some of the more speculative frenzies. jack: news for the investment tanks but good news for your client. let's talk about foreign investment we've always been saying you have to diversify overseas, back and savior portfolio but recently it looks like the s&p is where you want to be, what is your take on that. >> a couple of interesting points, last year 2023 i think a lot of people saw a dominant u.s. stock market outperformed other global averages which is true but here's a little rub the average american stock did worse
u.s. investors that the ip market is close to the a.i. frenzy because usually the ipo view sometimes incorporates speculative businesses that have a very long time to maturity and the very high upfront cost market, i think it would be hard for startups to get their foot in the door and become dominant. i think it's been to the benefit of investors that the ipo market has been closed in my partial worry over the coming months because of a bull market index hitting highs with relatively low...
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May 21, 2024
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u.s. stock once again. and when they did their ipo in august, chinese stocks were at their lows. people just didn't want anything that had to do with china, but this company is one of the hottest brands in american appliances. the ninja blender and the shark vacuum cleaner, if you bought a vacuum the past few years, it's likely you bought a ninja or a shark. they have been expanding into outdoor, skin care, believe it or not, hair care. the company is just on fire. this is a company doing $3.7 million in revenue. i would probably let it cool off a little bit before establishing a new position. it's an 18 forward p/e, earnings per share growth this year, expecting something like 20%. that's the story with shark ninja. >> i wanted to get those out of the way before we talk about what's at stake the next 24 hours, bryn, and we know what's looming with nvidia earnings. interesting price action in the nasdaq which is attempting to go positive. if it gets there, it will be because of stocks like nvidia which back, well, hugging the flat line today but right around that 950 level. how a
u.s. stock once again. and when they did their ipo in august, chinese stocks were at their lows. people just didn't want anything that had to do with china, but this company is one of the hottest brands in american appliances. the ninja blender and the shark vacuum cleaner, if you bought a vacuum the past few years, it's likely you bought a ninja or a shark. they have been expanding into outdoor, skin care, believe it or not, hair care. the company is just on fire. this is a company doing $3.7...
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May 3, 2024
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historically that is the reason they bought into the ipo >> let me ask you because luxury is a specific landscape. you have hermes and gucci. in the u.sou have others competing with the other luxury giants it is a variety of situations. where does puig sit when they come here in the market? can they be the next luxury champion can the ipo help them? >> i think absolutely. i think being a publicly listed company is the next level of evolution with any firm. it gives you access to the capital markets which are still the most liquid and most generous pool of capital markets in the world to be a listed company to raise equity finance to grow is important. it is going to give puig a springboard to grow. puig has been aggressive in the growth over the last few years and not having the ability to finance through the shareholders will give it a strong footing going forward. it is a good long-term investment and we will see. >> samuel, thank you great to have you here. >>> coming up on the show, we have more to talk about. we will hear from the daimler truck chairman martin daum as investors slam the brakes after the downbeat comments this mor
historically that is the reason they bought into the ipo >> let me ask you because luxury is a specific landscape. you have hermes and gucci. in the u.sou have others competing with the other luxury giants it is a variety of situations. where does puig sit when they come here in the market? can they be the next luxury champion can the ipo help them? >> i think absolutely. i think being a publicly listed company is the next level of evolution with any firm. it gives you access to the...
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May 10, 2024
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ipo, it is not going to impact the ipo in the short-term, it won't effect zeekr's plans zeekr, like other chinese car companies, has no presence or plans to sell in the u.sact is limited. however, it does have big plans to sell overseas, especially in europe, because the competition here in china is so fierce in terms of the ipo, sources familiar with the matter told us the company sold 21 million at $21 each raising $441 million. again, as you suggested, it will be trading later today under the ticker symbol zk >> eunice yoon live in beijing great to sighee you thank you very much. >>> the chinese averages are closer higher adding impressive gains. over the past two months, it has been a turn around story with the hang seng and shanghai composite out performing the s&p 500. similar for the tech stocks. out pacing by a 20% margin since march. the yellow line is the hang seng there. all of this is despite the uneasy economic recovery and uncertain chinese consumer and multiple warnings on earnings calls from the likes of starbucks and p&g and marriott and coca-cola and many other names. joining me now is the chief china equity strategist at goldman sachs.
ipo, it is not going to impact the ipo in the short-term, it won't effect zeekr's plans zeekr, like other chinese car companies, has no presence or plans to sell in the u.sact is limited. however, it does have big plans to sell overseas, especially in europe, because the competition here in china is so fierce in terms of the ipo, sources familiar with the matter told us the company sold 21 million at $21 each raising $441 million. again, as you suggested, it will be trading later today under...
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May 30, 2024
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pre-ipo stage, valued north of $40 billion. we also have interviews with the u.s. fcc talking about tech regulatory scrutiny in the u.s. of the likes of big media, and telcos and more. plus, we will be talking with the singapore senior men a startups state. a nice lineup this morning. . paul: thanks, belle. coming up next we will speak with kwok lung hongchoy, link asset management ceo about their assets in hong kong and the chinese mainland. this is bloomberg. ♪ thanks to avalara, we can calculate sales tax automatically. avalarahhhhhh what if tax rates change? ahhhhhh filing sales tax returns? ahhhhhh business license guidance? ahhhhhh -cross-border sales? -ahhhhhh -item classification? -ahhhhhh does it connect with acc...? ahhhhhh ahhhhhh ahhhhhh just stop calling each other rock stars. and using workday to put finance and h.r. on one platform. tim, you are a rock star. using responsible ai doesn't make you a rock star. it kinda does. you are not rock stars. (clears throat) okay. most of you are not rock stars. oooh. data driven insights, and large language mode
pre-ipo stage, valued north of $40 billion. we also have interviews with the u.s. fcc talking about tech regulatory scrutiny in the u.s. of the likes of big media, and telcos and more. plus, we will be talking with the singapore senior men a startups state. a nice lineup this morning. . paul: thanks, belle. coming up next we will speak with kwok lung hongchoy, link asset management ceo about their assets in hong kong and the chinese mainland. this is bloomberg. ♪ thanks to avalara, we can...
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May 10, 2024
05/24
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u.s.. it is china and europe. the optics are good. the choice by the biden administration, you have to think it is not a mistake. the first big ipom a chinese based company on a day they choose to let the headline float. sonali: the ipo market staying hot. the rest of the volatility is still for next week with the cpi data ahead. more on the trading of zeekr. more on markets next. this is bloomberg. her uncle's unhappy. i'm sensing an underlying issue. it's t-mobile. it started when we tried to get him under a new plan. but they they unexpectedly unraveled their “price lock” guarantee. which has made him, a bit... unruly. you called yourself the “un-carrier”. you sing about “price lock” on those commercials. “the price lock, the price lock...” so, if you could change the price, change the name! it's not a lock, i know a lock. so how can we undo the damage? we could all unsubscribe and switch to xfinity. their connection is unreal. and we could all un-experience this whole session. okay, that's uncalled for. to finally lose 80 pounds and keep it off with golo is amazing. i've been maintaining. the weight is gone and it's never com
u.s.. it is china and europe. the optics are good. the choice by the biden administration, you have to think it is not a mistake. the first big ipom a chinese based company on a day they choose to let the headline float. sonali: the ipo market staying hot. the rest of the volatility is still for next week with the cpi data ahead. more on the trading of zeekr. more on markets next. this is bloomberg. her uncle's unhappy. i'm sensing an underlying issue. it's t-mobile. it started when we tried to...
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May 17, 2024
05/24
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BLOOMBERG
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u.s. economy. crypto on the up and up. notable risk on sentiment throughout the week. ed: reddit is up, flirting with a record high, 14% since ipo in march. the deal with openai is a two way. openai licenses reddit to get text data to train models. reddit is talking about building ai products into the forum on top of the language models. applied materials makes the machines that makes the chips, like tsmc. it beat estimates but the upper range given by the street, it fell short. where are we at in chip demand? through the proxy of the companies that by the machines. caroline: is this a bellwether? maybe not autos or connected devices but all things ai still driving us. what about china exposure? we can go broadly across the sector with joanne. this is a chip equipment company but what are you seeing in terms of where we are right now? >> better than expected results but their guidance was soft. in this kind of market, that doesn't go over well. they indicated continued demand from and markets except for china. with u.s. trade policy trying to crackdown on exports that would enable china to have its own leading edge chip business
u.s. economy. crypto on the up and up. notable risk on sentiment throughout the week. ed: reddit is up, flirting with a record high, 14% since ipo in march. the deal with openai is a two way. openai licenses reddit to get text data to train models. reddit is talking about building ai products into the forum on top of the language models. applied materials makes the machines that makes the chips, like tsmc. it beat estimates but the upper range given by the street, it fell short. where are we at...
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May 13, 2024
05/24
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BLOOMBERG
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u.s. market through last friday. we had about 25 ipos on the new york stock exchange.s raised year to date versus last year and three times versus 2022. the markets are definitely opening up and what i am excited about is the companies that we have welcomed have not just gotten large deals done. many times they have up sized their deals and priced at the high-end or at the range. and then they are seeing the 20% pop. it has been a really exciting q2 . in exciting time where we are seeing two a week. dani: a lot of fanfare around it, but a company like reddit is a quality company. investors feel safe with it. >> you have seem some more growth oriented companies, but as you mentioned, there has been a path to profitability. it is why those companies that either are profitable or have a path to profitability are getting rewarded. biking is the largest ipo of the year, a household name. i had so many people saying, i cannot believe this is public already given so many have enjoyed their cruises or whatever the case may be. use great companies and emerging companies who ipo
u.s. market through last friday. we had about 25 ipos on the new york stock exchange.s raised year to date versus last year and three times versus 2022. the markets are definitely opening up and what i am excited about is the companies that we have welcomed have not just gotten large deals done. many times they have up sized their deals and priced at the high-end or at the range. and then they are seeing the 20% pop. it has been a really exciting q2 . in exciting time where we are seeing two a...
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May 17, 2024
05/24
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FBC
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ipo price of $34 a share. quick break and then 16 democrats voting with republicans on a bill to force the u.s.nd joe biden to send weapons to israel. my next guest is demanding a new special counsel investigate biden's decision to delay that aid new york congresswoman claudia tenney is here with a lot more on that. you're watching "mornings with maria" live on fox business. stay with us. ♪ i bought the team! kevin...? i bought the team! i put it on my chase freedom unlimited card. and i'm gonna' cashback on a few other things too... starting with the sound system! curry from deep. that's caaaaaaaaash. i prefer the old intro! this is much better! i don't think so! steph, one more thing... the team owner gets five minutes a game. cash bros? woo! i like it. i'll break it to klay. cashback like a pro with chase freedom unlimited. how do you cashback? chase, make more of what's yours. her uncle's unhappy. i'm sensing an underlying issue. it's t-mobile. it started when we tried to get him under a new plan. but they they unexpectedly unraveled their “price lock” guarantee. which has made him, a bit..
ipo price of $34 a share. quick break and then 16 democrats voting with republicans on a bill to force the u.s.nd joe biden to send weapons to israel. my next guest is demanding a new special counsel investigate biden's decision to delay that aid new york congresswoman claudia tenney is here with a lot more on that. you're watching "mornings with maria" live on fox business. stay with us. ♪ i bought the team! kevin...? i bought the team! i put it on my chase freedom unlimited card....
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May 29, 2024
05/24
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u.s. consumer confidence in hawker's remarks out of neel kashkari on the fed here, adding to these receding expectations for rate reductions, plus, aluminium recycler files for an ipo and plans to raise around $900 million. we speak to the md of the parent company about that specific fund raising plan. welcome to the show and we are heading into the latter part of the morning session in most parts of the region. of course we have indian markets coming online this hour, just give us a flavor of what the direction is looking like a head of that open in india, avril hong is with us at of singapore, just give us a check of how these markets are doing at this point. avril: i think it's negative pole stay. india stocks look to be opening on the back. it was a wall street session, don't forget, that was dominated by the selling in u.s. treasuries that yield on the 10 year really hitting that 4.5 five level losing for the ground and the asian session. then we got the australia cpi print which kind of reminded everyone about how hard this last inflation fight is going to be. we are really seeing those bonds in australia getting hit. asx 200, decline in even further, this is
u.s. consumer confidence in hawker's remarks out of neel kashkari on the fed here, adding to these receding expectations for rate reductions, plus, aluminium recycler files for an ipo and plans to raise around $900 million. we speak to the md of the parent company about that specific fund raising plan. welcome to the show and we are heading into the latter part of the morning session in most parts of the region. of course we have indian markets coming online this hour, just give us a flavor of...
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May 1, 2024
05/24
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ipo. don't go away. with gold and copper prices pushing towards all-time highs, u.s.ing its environmentally friendly gold and copper mining project and creating american jobs in mining friendly wyoming. with a proven management team and board, a tight share structure, and a solid cash balance, u.s. gold's portfolio of world-class assets are creating american growth and homegrown strategic metals as the us moves towards an electrified future. u.s. gold corp. >>> good wednesday morning welcome to another hour of "squawk on the street" i'm sara eisen with carl quintanilla and david faber. live from post nine of the new york stock exchange. looking at stocks, it's a mixed picture, the dow is higher now thanks to strength in j&j, microsoft, amazon, 3m, boeing, s&p is lower the only sectors higher are consumer discretionary, materials and real estate. a lot of movers to talk about there. nasdaq down .1%. a mixed picture for tech and stocks overall on this fed day looking at treasuries we have no shortage of catalyst, the 10 year yield is slightly lower so a slight bid in bo
ipo. don't go away. with gold and copper prices pushing towards all-time highs, u.s.ing its environmentally friendly gold and copper mining project and creating american jobs in mining friendly wyoming. with a proven management team and board, a tight share structure, and a solid cash balance, u.s. gold's portfolio of world-class assets are creating american growth and homegrown strategic metals as the us moves towards an electrified future. u.s. gold corp. >>> good wednesday morning...
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May 13, 2024
05/24
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CNBC
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u.s. food firm doordash. the biggest gains of the year was the ipo of chip designer arm holdings s softbank has a 90% stake in arm. that stock up 1.5% right now speaking of arm holdings, a report from nikkei asia says the company is planning to launch artificial intelligence by next year it will set up an a.i. chip unit to build a prototype by next spring softbank is in talks with manufacturers including taiwan semiconductor to produce the chips and arm holdings are up 2.5%. >>> shares of gamestop are soaring this morning and one of the prominent backer is back keith gill made the social media post on x, the first in three years. this helped spark the meme craze in 2021. it was an image appearing to state he sitting up and paying attention. that's what we got. >> that's all it takes >> apparently. >>> protests erupted at duke un university's graduation ceremony as jerry seinfeld was due to give his address seinfeld has been supportive of israel he delivered his speech uninterrupted. 30 students walked out it did make headlineses. protests disrupted other ceremonies, including one at uc berkeley in los angeles
u.s. food firm doordash. the biggest gains of the year was the ipo of chip designer arm holdings s softbank has a 90% stake in arm. that stock up 1.5% right now speaking of arm holdings, a report from nikkei asia says the company is planning to launch artificial intelligence by next year it will set up an a.i. chip unit to build a prototype by next spring softbank is in talks with manufacturers including taiwan semiconductor to produce the chips and arm holdings are up 2.5%. >>> shares...
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May 8, 2024
05/24
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CNBC
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guide' for the company is making improvements since itself ipo, itself's up by more than 65% frmg when we come back, tiktok strikes back, suing the u.s. government over the die vests ter ban bill, setting up what is likely to be a long legal battle we have the details next. >>> and later, facebook parent meta is expanding ai image generation tools for advertisers. >> announcer: this cnbc program is sponsored by baird. visit bairdifference.com wall street forecasts over $100 billion in sales for weight loss drugs known as glp-1. even with unliked and inconvenient injections, dehydratech processing of a glp-1 drug demonstrated improved blood sugar reduction and reduced side effects. more human study results for lexarias patented oral delivery technology are coming soon. lexaria bioscience, transforming the future of glp-1 drug delivery. when it comes to investing, we live in uncertain times. some assets can evaporate at the click of a button. others can deflate with a single policy change. savvy investors know that gold has stood the test of time as a reliable real asset. so how do you invest in gold? sandstorm gold royalties is a publ
guide' for the company is making improvements since itself ipo, itself's up by more than 65% frmg when we come back, tiktok strikes back, suing the u.s. government over the die vests ter ban bill, setting up what is likely to be a long legal battle we have the details next. >>> and later, facebook parent meta is expanding ai image generation tools for advertisers. >> announcer: this cnbc program is sponsored by baird. visit bairdifference.com wall street forecasts over $100...
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May 10, 2024
05/24
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CNBC
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u.s. for a listing. zeekr sold 21 million american deposit torre shares at $21 each raising $441 million zeekr set for a $5.2 billion valuation for its debut and this is the biggest chinese ipoyber security crackdown delisting, but it's not too shab forb a company like zeekr, a relative newcomer to the chinese car market zeekr founded in 2021 and still pretty small, sold 16,000 cars in april this is versus tesla's 62,000. it has a big ambitions it hopes to sell 230,000 by the end of this year and it's already in europe, in sweden, netherlands, it's eyeing a bigger expansion in europe as well as latin america and said that it's planning to be in hong kong as well as macao by the end of this year their big challenge really is breaking into this market in china. 139 ev brands in this market alone. it's very, very crowded, so zeekr has two ways in which it's hoping to distinguish itself one is by offering very unusual features, for example, at the auto show just a couple weeks ago it unveiled a -- what it described as a living room on wheels which is a minivan that has rotating seats, but the other way in which it could distinguish itself is that its parent is a big, established
u.s. for a listing. zeekr sold 21 million american deposit torre shares at $21 each raising $441 million zeekr set for a $5.2 billion valuation for its debut and this is the biggest chinese ipoyber security crackdown delisting, but it's not too shab forb a company like zeekr, a relative newcomer to the chinese car market zeekr founded in 2021 and still pretty small, sold 16,000 cars in april this is versus tesla's 62,000. it has a big ambitions it hopes to sell 230,000 by the end of this year...