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.
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Women's World Cup: Star performer revealed for grand opening ceremony
Indian music icon Shreya Ghoshal will perform at the opening ceremony of the Women’s World Cup 2025 in Guwahati, ahead of the match between India and Sri Lanka on September 30. The tournament, returning to India after 12 years, features accessible ticket prices starting at ₹100 and aims to enhance fan engagement through initiatives like Google Pay's pre-sale access. Want More Context? 🔎
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