61B

Stock Market

SVB sinks wiping $61B in market value off bank stocks

[ad_1] Jittery investors got another scare on Thursday after Silicon Valley Bank announced plans for $1.75 billion in common stock…

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Technology

Shopify reports Q4 revenue up 26% YoY to $1.73B, vs. $1.65B est., GMV up 13% YoY to $61B, vs. $59.2B est., and forecasts a Q1 2023 revenue growth below est. (Lucy Papachristou/Bloomberg)

[ad_1] Lucy Papachristou / Bloomberg: Shopify reports Q4 revenue up 26% YoY to $1.73B, vs. $1.65B est., GMV up 13%…

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Technology

The European Union opens an investigation into Broadcom's proposed $61B VMware acquisition, after EU regulators warn over its impact on prices and innovation (Bloomberg)

[ad_1] Bloomberg: The European Union opens an investigation into Broadcom’s proposed $61B VMware acquisition, after EU regulators warn over its…

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Technology

Tether's reports show increasing loans denominated and payable in its own stablecoin, reaching $6.1B as of September 30, a potential risk in a crisis (Jonathan Weil/Wall Street Journal)

[ad_1] Jonathan Weil / Wall Street Journal: Tether’s reports show increasing loans denominated and payable in its own stablecoin, reaching…

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Technology

The UK's CMA plans to investigation Broadcom's proposed $61B VMware acquisition, following similar investigations by the European Commission and FTC (Paul Sawers/TechCrunch)

[ad_1] Paul Sawers / TechCrunch: The UK’s CMA plans to investigation Broadcom’s proposed $61B VMware acquisition, following similar investigations by…

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Technology

Broadcom announces plans to acquire VMware for around $61B in cash and stock and will assume VMware's $8B in net debt (Chavi Mehta/Reuters)

[ad_1] Chavi Mehta / Reuters: Broadcom announces plans to acquire VMware for around $61B in cash and stock and will…

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