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Klarna's stock jumps 15% in NYSE debut after pricing IPO above range
Youtube· 2025-09-11 19:08
the day before. Check out shares of buy now pay later company CLO. The stock gained 15% yesterday in its trading debut.Clara pricing its IPO at $40 uh share each raising close to $1.4% billion. Now that stock opened yesterday afternoon at $52 at the market close. CLA was valued at about $17 billion.In recent months, the company has talked up its move into banking. It CEO told CNBC the Clara has signed up 700,000 US customers for its new debit card. It's got 5 million people apparently on the waiting list.So ...
Risks in the AI trade for investors, what Trump's Supreme Court tariff case means for markets
Youtube· 2025-09-11 01:57
Welcome to Market Catalyst. I'm Julie Hyman. We are 30 minutes into the US trading day.Let's get to the three market catalyst we're watching this hour. First up, Oracle shares surging on its strong outlook. More on those results ahead.Plus, wholesale inflation unexpectedly declines. What does that mean for the Fed. and President Trump floats new tariffs on China and India.We'll bring you the latest on trade and much more on Market Catalysts. But first, let's get a check of the markets here because we are se ...
Mexico Imposes Steep 50% Tariffs on Asian Car Imports; Klarna Soars in NYSE Debut
Stock Market News· 2025-09-11 01:38
Key TakeawaysMexico's Economy Minister has announced a significant increase in tariffs on cars and auto parts imported from Asia, particularly China, raising the rate from 20% to 50%.Klarna (KLAR) shares commenced trading on the NYSE at $52, marking a substantial 30% premium over its $40 initial public offering price.Paramount Global (PARA) is set to welcome Dane Glasgow, a prominent Meta (META) executive, as its new Chief Product Officer, tasked with leading tech innovation and product strategy.The latest ...
Stock Market Today: Stocks higher in futures trading ahead of PPI print
Yahoo Finance· 2025-09-10 19:25
This live blog is refreshed periodically throughout the day with the latest updates from the market. To find the latest Stock Market Today threads, click here. Happy Wednesday. This is TheStreet's Stock Market Today for Sept. 10, 2025. You can follow the latest updates on the market here with our daily live blog. Update: 4:16 a.m. ET Everything On Deck for Today As we mentioned in yesterday's edition of Stock Market Today, we're in the waning days of the Q2 earnings season. Today, there's just two domest ...
Klarna set for stock debut: 2025 IPO market in focus
Youtube· 2025-09-10 19:24
Buy now pay later company Clara pricing its IPO at $40 a share above its expected range values the Swedish company at about $15 billion. This comes as recent IPOs like Figma and Bullish are significantly higher but well off their highs despite the initial demand. Joining us now Matthew Kennedy, senior strategist at Renaissance Capital 40.Um let's just cut to the chase. What what what would surprise you. Would would 60 surprise you or or are you expecting a more muted uh debut.Yeah, I mean you can never real ...