Recent Posts

StubHub eyes summer IPO, seeks $16.5 billion valuation

StubHub is eyeing a summer initial public offering, a person familiar with the matter told CNBC. The online ticketing service is aiming for a valuation of at least $16.5 billion, which is what it was valued at in late 2021 during its latest round of private funding. The company has been working with JPMorgan and Goldman Sachs over the past …

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JPMorgan Chase (JPM) earnings Q1 2024

JPMorgan Chase on Friday posted profit and revenue that topped Wall Street estimates as credit costs and trading revenue came in better than expected. Here’s what the company reported compared with estimates from analysts surveyed by LSEG, formerly known as Refinitiv: Earnings: $4.44 per share, vs. $4.11 expected Revenue: $42.55 billion, vs. $41.85 billion expected The bank said first-quarter profit …

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House votes to reauthorize FISA, without the warrant requirement amendment

After three failed attempts and a heated floor debate, the House voted on Friday to reauthorize a controversial program that lets US intelligence agencies spy on foreign communications without a warrant. The bill ultimately passed 273–147. Section 702 of the Foreign Intelligence Surveillance Act is scheduled by statute to expire on April 19th, though the FISA court recently granted a government …

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