Monday, June 23, 2025
News Wave
No Result
View All Result
  • Home
  • World
  • USA
  • Business
  • Sports
  • Entertainment
  • Technology
News Wave
  • Home
  • World
  • USA
  • Business
  • Sports
  • Entertainment
  • Technology
No Result
View All Result
News Wave
No Result
View All Result
Home World

Wall Street banks got meager payout from CoreWeave IPO

31 March 2025
in World
0 0
Wall Street banks got meager payout from CoreWeave IPO
Share on FacebookShare on Twitter



Wall Street banks eagerly awaited a billion dollar IPO from U.S. tech company CoreWeave, but the underwriting fees were lower than historical averages at just 2.8% of total proceeds. The lackluster performance of CoreWeave’s stock after its debut, coupled with concerns about its business model and debt levels, have dampened investor confidence in a market revival. Morgan Stanley, JPMorgan Chase, and Goldman Sachs led the deal, with Morgan Stanley potentially receiving over 30% of the total payout for its role as lead bank.

Full Article

Loading spinner
Tags: Applovin CorpAstera Labs IncBanksBreaking News: TechnologyBusinessbusiness newsCoreWeaveCoreWeave IncDonald TrumpFreshworks IncGoldman Sachs Group IncInstacart (Maplebear Inc)IPOJPMorgan Chase & CoJr.Klaviyo IncMeagerMeta Platforms IncMicrosoft CorpMorgan StanleyNVIDIA CorppayoutReddit IncRobinhood Markets IncRubrik IncServiceTitan IncSnowflake Inc.Social mediaStreettechnologyUiPath Incwall
Previous Post

Brazil's Lula to meet Putin and Xi amid global trade war fears

Next Post

I've told Fernandes he is going nowhere – Amorim

Related Posts

Palestine Action ‘will be banned’ as terror group in UK
UK

Palestine Action ‘will be banned’ as terror group in UK

by My News Wave
23 June 2025
0

The UK Home Secretary Yvette Cooper announced plans to classify Palestine Action as a terrorist organization following their vandalism of two RAF Voyager aircraft at Brize Norton on June 20. The group faces legal consequences for their actions, which Cooper condemned as part of a broader history of criminal damage, while protests supporting Palestine Action have led to multiple arrests in London. Need More Context? 🔎

Read more
Reza Pahlavi lays out three principles for a democratic, secular Iran
Middle East

Reza Pahlavi lays out three principles for a democratic, secular Iran

by My News Wave
23 June 2025
0

Crown Prince Reza Pahlavi has proposed three key principles aimed at establishing a democratic and secular Iran, urging opposition groups to unify against the current regime. His vision emphasizes the importance of collaboration among dissidents to overcome the challenges posed by the Islamic Republic. Explain It To Me Like I'm 5: Reza Pahlavi wants everyone in Iran to work together to make their country a fair and free place where everyone can believe what they...

Read more
Smoke engulfs skyline: Iranian missile hits Israel's Ashdod; IDF strikes Tehran – video
India

Smoke engulfs skyline: Iranian missile hits Israel's Ashdod; IDF strikes Tehran – video

by My News Wave
23 June 2025
0

Heavy smoke rose over Tehran after Israeli airstrikes targeted Iranian sites in retaliation for missile attacks on Ashdod, escalating an ongoing conflict. With U.S. involvement following strikes on Iran's nuclear facilities, tensions are high as Iran threatens further retaliation, and EU officials warn of potential catastrophic consequences if the conflict escalates further. Need More Context? 🔎

Read more
OCBC says it will not make further offers for Great Eastern even if delisting proposal fails
Asia Pacific

OCBC says it will not make further offers for Great Eastern even if delisting proposal fails

by My News Wave
23 June 2025
0

Oversea-Chinese Banking Corp (OCBC) announced it will not pursue another offer to acquire the remaining shares of Great Eastern if shareholders reject the delisting proposal on July 8. OCBC, which currently owns 93.72% of Great Eastern, plans to maintain its non-voting shares to restore free float and trading if the delisting does not proceed. Need More Context? 🔎

Read more
Fremantle champion Matthew Pavlich emerges as leading contender to take over as AFLPA CEO
Australia

Fremantle champion Matthew Pavlich emerges as leading contender to take over as AFLPA CEO

by My News Wave
23 June 2025
0

Former Fremantle captain Matthew Pavlich is a top candidate to replace Paul Marsh as CEO of the AFL Players’ Association, which is currently without a full-time leader following Marsh's departure in May. While Pavlich is highly regarded, James Gallagher, a North Melbourne executive and former AFLPA member, is considered the frontrunner for the position. Need More Context? 🔎

Read more
Sánchez torpedoes Nato unity on eve of crucial summit
Europe

Sánchez torpedoes Nato unity on eve of crucial summit

by My News Wave
23 June 2025
0

Spain's opt-out from a NATO commitment to spend 5% of GDP on defense has sparked controversy, with Poland deeming it "unjustified" and potentially harmful to alliance unity, while Belgium plans to request a similar exemption. Prime Minister Pedro Sánchez's decision, which allows Spain to maintain a 2.1% spending level, may lead to discord at the upcoming summit in The Hague, as other nations could seek similar carve-outs. Need More Context? 🔎

Read more
News Wave

News Summarized. Time Saved. Bite-sized news briefs for busy people. No fluff, just facts.

CATEGORIES

  • Africa
  • Asia Pacific
  • Australia
  • Business
  • Canada
  • Entertainment
  • Europe
  • India
  • Middle East
  • New Zealand
  • Sports
  • Technology
  • UK
  • USA
  • World

LATEST NEWS STORIES

  • Palestine Action ‘will be banned’ as terror group in UK
  • Reza Pahlavi lays out three principles for a democratic, secular Iran
  • Smoke engulfs skyline: Iranian missile hits Israel's Ashdod; IDF strikes Tehran – video
  • About Us
  • Disclaimer
  • Privacy Policy
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact Us

Copyright © 2025 News Wave
News Wave is not responsible for the content of external sites.

No Result
View All Result
  • Home
  • World
  • USA
  • Business
  • Sports
  • Entertainment
  • Technology

Copyright © 2025 News Wave
News Wave is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In