US stocks traded mixed on Friday as a government shutdown looked increasingly likely. The session also closed out a dismal September, with the S&P 500 losing 5% to mark its worst month of 2023. US stocks traded mixed on Friday as investors initially cheered better-than-expected inflation news but grew jittery as a government shutdown appeared…
US stocks jumped Friday as investors took in better-than-expected inflation. Core PCE, the Fed’s preferred inflation measure, rose 0.1% in August, below estimates of 0.2%. US stocks edged higher on Friday as markets digested cooler-than-expected inflation data. All three benchmark indexes rose higher at the open, with the Dow Jones Industrial Average gaining nearly points.…
PE investors like Softbank, Tiger Global, Bain and TPG could execute partial/full exits in 2023 due to a bull market run. New-age internet company stocks that have run up this year also offer exit options for strategic investors. Promoters have also sold off shares to the tune of ₹87,000 crore in 2023, says Kotak report.…
In May 2022, WestBridge Capital led a $21 million Series B investment in the company, with support from angel investors. The coffee company says that the funds will be channelled towards growth, fortifying its supply chain and improving its operational capacities. The brand operates in many big Indian cities, such as Bangalore, Mumbai, Delhi, Gurgaon,…
