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Ticketing platform StubHub valued at $9.3 billion in NYSE debut

(Reuters) – Shares of StubHub rose about 8% in their New York Stock Exchange debut on Wednesday, valuing the ticket reseller marketplace at $9.32 billion, adding to a streak of positive day-one receptions for technology platforms.The New York-based company’s stock opened at $25.35 per share, compared with …

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Expert who predicted the 2022 crash just issued what he calls the most urgent warning of his career. He says what comes next is all written down in black and white… It’s gone “viral” in the hedge fund circles… and yet practically nobody on Main Street understands “The Mar-A-Lago Accord.” He lays out all the proof… plus a detailed plan for exactly what to do. (And it doesn’t require shorting… options… or perfectly “timing the market.”) You must see this new warning today.

Amazon invests over $1 billion to raise employee pay, lower healthcare costs

The technology giant said the average pay would increase to more than $23 per hour, adding that full-time employees will see their pay increase by $1,600 per year, on average. The company is lowering the cost of its entry-level health care plan to $5 per week and $5 for co-pays, starting in 2026, representing …

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Workday rises after Elliott reveals $2 billion stake, endorses leadership

Workday has been pushing to stay competitive in a consolidating human resources software market, where integrating AI has become key to meeting shifting client needs.The company said on Wednesday it planned to buyback $5 billion worth of its stock through fiscal 2027, signaling confidence in the company’s lon …

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US sectors to watch as Fed lines up first rate cut of 2025

(Reuters) -U.S. corporate sectors that are sensitive to interest rates will be in focus as the Federal Reserve looks poised to lower borrowing costs for the first time this year, with most having already notched up gains after Chair Jerome Powell hinted at cuts last month.After easing rates by 50 basis points …

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