Klarna, a Swedish provider of buy now, pay later loans, filed for an IPO on the New York Stock Exchange under ticker symbol KLAR, with no details yet on the number of shares or price range. The decision to go public in the U.S. deals a blow to European stock exchanges, with Klarna aiming to rebuild after a valuation drop to $6.7 billion, now estimated at around $15 billion, fueled by a return to profitability in 2023. Market volatility may impact Klarna’s plans, as tech companies continue to seek IPO opportunities amid a slow period for new offerings in the U.S.
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How the US says it hit Iran’s nuclear sites
A secretive US military operation, dubbed 'Operation Midnight Hammer,' involved over 18 hours of flight, mid-air refuelings, and decoys to bomb Iran's nuclear facilities, with B-2 bombers targeting heavily fortified sites. The operation, which began after midnight and also included Tomahawk missiles launched from submarines, has been proclaimed a success by US officials, though the full impact remains uncertain. Need More Context? 🔎
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