Global initial public offerings had the best year on record in 2021, especially those in the United States, with an abundance of liquidity and favorable monetary policies that have resulted in high company valuations and a special purpose acquisition (SPAC) boom. About 2,850 businesses and SPAC companies have raised more than $600 billion in IPOs…
Amplitude Valued at $5 Billion After Shares Jump in Nasdaq Debut
Shares of Amplitude Inc. opened nearly 43 percent above their reference price in their Nasdaq debut on Tuesday, notching up a valuation of about $5 billion for the benchmark-backed analytics company. San Francisco-based Amplitude, which confidentially filed for a direct listing in July, was valued at $4 billion after raising $150 million from Sequoia Capital…
US News
- Epoch VideoSenate Majority Leader Chuck Schumer (D-N.Y.) holds a press conference at 10:45 a.m. ET on Feb. 7. The Epoch Times will livestream the event. [...]
- Matthew VadumThe Thirteenth Amendment, which abolished slavery, may protect abortion as a federal right, a federal judge said on Feb. 6 in an ongoing prosecution of pro-life activists charged with conspiracy… [...]
- Jack PhillipsA study published this week found that regular vitamin D supplementation may lower the risk of Type 2 diabetes among millions of adults who have prediabetes. A team of researchers… [...]
- The Associated PressSEATTLE—Boeing plans to make staffing cuts in the aerospace company’s finance and human resources departments in 2023, with a loss of around 2,000 jobs, the company said. “We expect about… [...]
- Beth BreljeNaval Lieutenant Levi Beaird, a Texan from Fort Worth, was surprised to learn that Sen. Ted Cruz (R-Texas) invited him to attend the State of the Union address. Beaird hopes his… [...]
- Epoch VideoThe House Oversight and Accountability Committee holds a hearing at 10:00 a.m. ET on Feb. 7, “On The Front Lines of the Border Crisis,” with testimony from Customs and Border… [...]
- Frank Fang, Eva FuPentagon’s own admission on Feb. 6 of an “awareness gap” regarding previous Chinese balloon incursions in U.S. airspace has drawn concerns from Republican lawmakers. “If the CCP [Chinese Communist Party]… [...]
LIVE NOW: House Armed Services Committee Holds Hearing on Pressing Threat of Chinese Communist Party- Epoch VideoU.S. House of Representatives Armed Services Committee holds a hearing at 10 a.m. ET on Feb. 7 on “The Pressing Threat of the Chinese Communist Party to U.S. National Defense.”… [...]
- Tom OzimekAmid growing bipartisan uproar over Beijing’s violation of U.S. sovereignty, a Chinese spokesperson issued a veiled threat vowing that Beijing would “resolutely safeguard its legitimate rights and interests” over the Pentagon’s… [...]
- Epoch VideoU.S. House Republican leaders hold a press conference at 10:15 a.m. ET on Feb. 7, before President Joe Biden’s State of the Union address. The Epoch Times will livestream the… [...]