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Kyndryl and Rubrik Announce Global Strategic Alliance to Offer Cyber Incident Recovery
With the latest positive forecast for US stocks, the IPO market is back! It is expected that up to 15 more technology companies will go public before the end of the year
In an interview, Stewart said that by the end of 2024, 10 to 15 technology companies will probably go public, and 2025 will be a “better year.”
Then play and then dance! Wall Street Analyst: Microsoft and Google's earnings are turning the tide, AI hype will continue
① Last week, after Meta's earnings report triggered a sharp drop in stock prices, Wall Street had doubts about the sustainability of this artificial intelligence craze; ② However, after Microsoft and Alphabet then handed over excellent quarterly report responses, the market's suspense clearly let go once again. Many analysts expect the market's enthusiasm for artificial intelligence to continue.
Morgan Stanley Banker Sees 10 to 15 More Tech IPOs in 2024, and a 'Better Year' in 2025
Morgan Stanley, which led the Reddit and Astera Labs IPOs, expects 10 to 15 more tech offerings this year and a "better year" in 2025. Colin Stewart, head of the bank's tech equity capital markets practice, told CNBC that valuations are back to where they were in 2018 and 2019. "What's happened in the last six to 12 months is that the market has gotten more comfortable with paying for growth again," Stewart said.
Rubrik Shares Are Trading Lower Following Last Week's IPO.
Rubrik Shares Are Trading Lower Following Last Week's IPO.
Strong earnings reports from Microsoft (MSFT.US) and Google (GOOGL.US) ignite the AI boom Can Amazon (AMZN.US) and Apple (AAPL.US) continue to shine?
Recently, Wall Street has once again sparked enthusiasm for artificial intelligence, and investors are returning to this field one after another. The excellent quarterly results released by Microsoft (MSFT.US) and Google (GOOGL.US), as well as the positive response from the market to Rubrik (RBRK.US)'s initial public offering, mark that the development of artificial intelligence has received renewed attention. These developments have reinvigorated market confidence in the growth potential of large technology companies investing heavily in advanced technology tools.
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