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Transcripts For BLOOMBERG Bloomberg 20240704

Joins us to share how price conscious shoppers are navigating the store. Katie welcome to bloomberg markets. You take a look at these market and it is definitely a monday morning. The s p 500 up by about half of 1 building on last weeks losses. The same thing if you look at the nasdaq 100 and the big stocks. All the while you are seeing a little bit of a bump to volatility. The picture now higher by about one point or so, looking at a 16 handle. But lets get back to reddit because reddit and its investors looking to raise as much as 748 million, one of the biggest ipos so far this year. Ed ludlow joins us from San Francisco with the latest. 31 34 per share, where would that put us . The upper end of the range, it is a valuation of five point 4 billion. But if you take a look at the diluted valuation which would include restricted stock units, options awarded staff, it is nearer to 6. 4 billion. Either way, it is a significant ipo in the Technology Sector for this year and it has been a

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Transcripts For BLOOMBERG Bloomberg 20240704

For the first time as the Digital Currency continues its rally. Ophelia snyder of 21shares joins us to discuss. Caroline and we will be joined by funeral close look to talk about one year after the closure of Silicon Valley bank and we will be joined by vinod khosla to talk about one year after the closure of Silicon Valley bank. We eye big macro points. Basically, where is Inflationary Pressure taking us . Looking at the 10 year yield, up only some two basis points now. Still fading some that initial selloff but still carrying over from friday. Globally speaking, seeing a little bit of bottom picking in china at last. It seems after we wrapped up the focus on the Overall Party and the future of the economic trajectory, china up about 2. 6 on chinese trading names in the u. S. That is the Golden Dragon index i look at. Next, the area that moves apart from the risk concern we see of equity market and continues to power ever higher. Ed will dig into why the u. K. s looking favorably at b

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Bitcoin Exchange-Traded Products Make Their Debut on the London Stock Exchange

Bitcoin exchange-traded products (ETPs) from WisdomTree and 21Shares have officially started trading on the London Stock Exchange (LSE). This event marks

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