Market cap Qualtrics skyrockets after IPO
Qualtrics’ shares have jumped more than 45% in its trading debut after the company sold 51.7 million shares on Thursday night in an initial public offering. It managed to raise more than $1.5 billion.
The shares were priced at $30 per share. Listed under the ticker symbol XM, the company share... Read more
Rumour: Databricks going public next year
Data-analysis company Databricks appears to be planning to make its stock market debut next year. This is according to anonymous sources.
According to the anonymous sources, that have spoken to Bloomberg, the discussions are still at an early stage. The company is said to have already spoken to ... Read more
IT companies make huge win on stock market
IT companies perform better than expected on Wall Street. Salesforce is the biggest winner, with a share price increase of 26 percent in just one day. Facebook, Apple and NetApp are also doing well.
American IT companies can be happy with the results of yesterday's stock market. For Salesforce, ... Read more
Rackspace officially applied for an IPO
Rackspace has officially applied for an IPO. It will be the second time the company will be listed on the stock exchange after Rackspace left in 2016 following a 4.3 billion deal dollar with venture capitalist Apollo Global Management.
Rackspace has not disclosed the size of its equity portfolio... Read more
‘Dell Technologies either wants to sell or fully absorb VMware’
Dell Technologies is investigating the possibility of spinning off its share in VMware, according to the Wall Street Journal. Another scenario is that the company purchases all remaining shares.
Dell Technologies is clearly working on a new strategy concerning VMware. With 81 percent, Dell Techn... Read more
Cloudera explores sale after talks with potential buyers
Data management specialist Cloudera is looking at potentially selling the company after several talks with multiple potential buyers.
According to Bloomberg, the company hired a financial advisor to take a look at the various options. However, sources also stress that nothing has been decided ye... Read more
US tech executives sold 3.6 billion dollars in company shares in May
American executives of large tech companies sold 3.6 billion dollars (3.3 billion euros) in company shares in May. According to financial data collected by FinWiz.
While stock markets around the world are struggling with the consequences of the ongoing corona crisis, many board members of large ... Read more
Rackspace is preparing an IPO
Rackspace recently quietly prepared an IPO, Reuters says, based on anonymous sources. The move is apparently coming from Apollo Global Management, the venture capitalist firm that owns Rackspace.
According to the international news agency, the venture capitalists of Apollo Global Management, wh... Read more
Cloud security on the rise, three major frontrunners
Investors will find strong opportunities in new cloud security companies, because companies often switch to cloud services, says Bloomberg. Okta, Zscaler and CrowdStrike, among others, are growing like crazy, and analysts suspect that this growth will continue for a while.
As companies continue t... Read more