NYSE vice-chair sees 'robust' pipeline of potential IPOs in 2024 streetinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from streetinsider.com Daily Mail and Mail on Sunday newspapers.
By Divya Chowdhury and Lisa Pauline Mattackal DAVOS, Switzerland (Reuters) - Initial public offering activity should recover in 2024 as borrowing costs come down and equity markets are less volatile, the vice-chair of the New York Stock Exchange sa.
Initial public offering activity should recover in 2024 as borrowing costs come down and equity markets are less volatile, the vice-chair of the New York Stock Exchange said in an interview on Monday. "We have a robust pipeline from across sectors and geographies," John Tuttle told the Reuters Global Markets Forum ahead of the World Economic Forum's annual meeting in Davos. Tuttle attributed the pickup in confidence to more stability in U.S. interest rates, record-high equity indexes and relatively low market volatility.
Bitcoin's price could breach $170,000 next year, driven by demand for newly listed exchange traded-funds and April's halving event, hedge fund SkyBridge's Anthony Scaramucci said in an interview on Monday. "If bitcoin's at $45,000 on the halving, where it roughly is right now, it'll be $170,000 by mid- to late 2025," the SkyBridge founder and managing partner told the Reuters Global Markets Forum in the Swiss ski resort of Davos. The halving is a technical event that reduces the rate at which new bitcoin are released into circulation.
SkyBridge's Scaramucci sees bitcoin over $170,000 by 2025 on halving, spot ETFs streetinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from streetinsider.com Daily Mail and Mail on Sunday newspapers.