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Reddit, Astera Face Analyst Reviews After AI Hype Spurs Hot IPOs

(Bloomberg) Reddit Inc. and Astera Labs Inc. have won over investors piling into anything with an artificial-intelligence flavor. Come Monday, analysts at the banks that helped take them public last month will get a shot at weighing in on whether their rallies are warranted.Most Read from BloombergUS Sees Imminent Missile Strike on Israel by Iran, ProxiesApple Plans to Overhaul Entire Mac Line With AI-Focused M4 ChipsVietnam Tycoon Lan Sentenced to Death Over $12 Billion FraudRussian Attacks

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NYSE Executive Says Handful of AI Startups Are Exploring IPOs

(Bloomberg) Several artificial intelligence startups are looking into the process of going public, according to an executive at the New York Stock Exchange, as the market for tech listings gains steam.Most Read from BloombergIran’s Better, Stealthier Drones Are Remaking Global WarfareUS Slams Strikes on Russia Oil Refineries as Risk to Oil MarketsTrumpism Is Emptying ChurchesUkraine Says It’s Behind Blaze on Russian Warship in Baltic SeaBond Trader Places Record Futures Bet on Eve of Inflatio

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Astera Labs (NASDAQ:ALAB) Trading Up 2 9%

Astera Labs, Inc. (NASDAQ:ALAB – Get Free Report) shares were up 2.9% during trading on Wednesday . The company traded as high as $70.49 and last traded at $70.37. Approximately 481,376 shares were traded during trading, a decline of 87% from the average daily volume of 3,836,171 shares. The stock had previously closed at $68.37. […]

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NYSE executive says handful of AI startups are exploring IPOs

NYSE executive says handful of AI startups are exploring IPOs
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NYSE Executive Says Handful of AI Startups Are Exploring IPOs

NYSE Executive Says Handful of AI Startups Are Exploring IPOs
bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.

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