Premium Domain Names for Sale at CrocoDom.com
British chipmaker Arm (ARM) debuted on the public markets on Thursday, opening at $56.10 on the Nasdaq in afternoon trading.
Arm's shares jumped 10% right as trading began and climbed over 20% to above $61 in the first 30 minutes of trading. The stock closed up nearly 25%. Going into the IPO, shares were priced at $51 each.
The company opened trading with a $54.5 billion valuation, but the company’s market cap already has jumped north of $60 billion.
"This is a great first step to reopening what has been sort of an 18-month drought of IPOs in the US tech market," Blueshirt Group managing director Mark Roberts told Yahoo Finance Live on Thursday.
The chipmaker's go-public is the most high-profile IPO that the Nasdaq has seen since 2021's IPO boom, which cycled into a bust in 2022.
Since then, the IPO market has been relatively quiet, picking up slowly with the IPOs of beauty company Oddity (ODD) and Mediterranean restaurant chain Cava (CAVA) over the summer. That trickle has grown into, at minimum, a stream of IPOs, with Arm's opening and the recent filings of Instacart (CART) and Klaviyo.
"This could be a lot more important than people realize," Miller Tabak strategist Matt Maley told Yahoo Finance Live ahead of the IPO on Thursday. "If [Arm] does well, that’s certainly going to help open up things for a market that’s been dormant for over a year now. It’s also going to tell us something about this whole thing with AI. There’s still plenty of hype surrounding it but not the big euphoria."
However, just because these IPOs are moving doesn't mean their valuations are not a sticking point. In Arm's case, the company reportedly sought a valuation of between $60 billion and $70 billion.
Likewise, Instacart — valued at $39 billion at the close of its 2021 funding round — is reportedly now seeking a $9.3 billion valuation.
Arm's public debut "is a bellwether, but it needs a little bit more than just one company to list to give the sense of a shift," Crunchbase senior data editor Gené Teare told Yahoo Finance.
Arm is a unique company, especially among tech companies. As a chip designer, Arm's customers include some of the biggest names in tech, including Apple (AAPL).
"It’s a one-of-one company," Rainmaker Securities managing director Greg Martin told Yahoo Finance Live. However, he added, "we have to be very careful. It’s obviously a ubiquitous chip design in 99% of our smartphones. It didn’t grow last year, but it has huge growth potential … in AI."
The company has been through a number of transitions over the last several years. In 2016, SoftBank acquired Arm, taking it private for around $30 billion. In 2021, Nvidia (NVDA) attempted to acquire Arm in a deal that failed after regulatory tussling for almost a year and a half.
Recently, Arm has sought to shift its revenue model, altering pricing and rolling out a changed customer licensing strategy.
"They’re shifting their focus a little bit away from the smartphone area and toward AI," Maley said. "Even though it’s a little irregular, I think it’s a smart way to go."
In short, Arm's return to the public markets on Thursday was a high-stakes moment.
"If this IPO kind of falls flat a little bit, that could present some problems for the tech sector overall," Maley said. "On the flip side, if it does very, very well, maybe that can help the tech sector that’s been kind of trading in a sideways range for a couple of months now."
Allie Garfinkle is a Senior Tech Reporter at Yahoo Finance. Follow her on Twitter at @agarfinks and on LinkedIn.
Click here for in-depth analysis of the latest stock market news and events moving stock prices.
Read the latest financial and business news from Yahoo Finance
Investors hoping to unwind on Columbus Day should think again. The holiday, which falls on Oct. 9 this year and is observed annually on the second Monday of October, comes after a rocky week for the stock market. Bond yields rose to highs not seen since the early 2000s amid concerns that the Federal Reserve will continue to be hawkish and raise interest rates later this year.
The Federal Reserve will hold its penultimate FOMC meeting on October 31-November 1, and the odds that they’ll institute another interest rate hike have just jumped. The September jobs report came in, showing employment levels far above the forecast – 336,000 new jobs in the month, compared to the 170,000 expected – and that means increased inflationary pressures. Analysts now put the odds of a quarter-percent rate hike at 29%. The messages here are mixed. The jobs numbers look good – but increa
Most of 2023 has been defined by the big tech stocks driving bullish sentiment and overcoming 2022’s bear market. That said, since about halfway through the summer, the bull market has been on pause with the prospect of interest rates remaining high for longer than expected, among other macro factors, putting a dampener on proceedings. Still, going by the past week’s performance, there are signs the bulls’ charge is about to resume in earnest. In fact, with Q3 earnings season about to commence,
Futures fell and crude oil prices spiked following the Hamas attack on Israel. Nvidia leads 11 stocks flashing buy signals after Friday's bullish upside reversal.
Even almost four decades later, it remains an event scarred into the memory of the financial markets. After a violent storm had ripped across the country, knocking down trees and shuttering roads, trading systems that still relied on brokers shouting at each other across open floors had closed early for the weekend as the damage was cleared up.
Exxon and Chevron shares rise after a surge in oil prices following the weekend attack on Israel from Hamas, Mirati Therapeutics stock falls after Bristol Myers agrees to buy the oncology developer in a deal valued at up to $5.8 billion, and a report says activist investor Nelson Peltz is seeking multiple board seats at Disney.
A House panel has passed a bill that would temporarily expand the standard tax deduction used by the majority of taxpayers by $2,000 per person for the next two years. The Tax Cuts for Working Families Act (H.R.3936) recently approved by … Continue reading → The post Temporary Tax Plan Could Boost Your Standard Deduction By Up to $4,000 appeared first on SmartAsset Blog.
Edgar Wachenheim III’s Greenhaven Associates sold Bank of America stock to allocate more money into Citigroup, whose “quality is much better than its reputation.”
The best stocks to buy and watch in the tech sector aren't in large supply these days. Here's a look at some of the best performers.
Some of the nation's biggest bank CEOs are navigating through one of the most challenging periods since the aftermath of the 2008 financial crisis.
The South Asian nation’s market has been a quiet outperformer for a decade. Now foreign investors are starting to pay attention.
Bitcoin is touted as a private, decentralized digital currency. But what gives the leading cryptocurrency value?
Crude oil prices surged and world share prices were mostly lower on Monday after the Israeli government declared war following deadly attacks by Hamas from the Gaza Strip. The bond market in the U.S. will be closed Monday for the Columbus Day holiday, but the New York Stock Exchange and Nasdaq will be open. Oil prices fell back slightly after gaining more than $3 a barrel.
A family limited partnership (FLP) is a complex structure that serves a strategic purpose for individuals desiring to manage and protect family assets, limit liability and potentially secure tax benefits. This article targets families interested in estate planning, providing a comprehensive understanding of how FLPs function, their advantages and disadvantages, as well as tips on […] The post What Is a Family Limited Partnership? appeared first on SmartReads by SmartAsset.
(Bloomberg) — Gold rose on increased haven demand after tensions ramped up in the wake of the Hamas attack on Israel. Most Read from BloombergIsrael Latest: Over 1,100 Dead; US Sends Warships to RegionIsrael Latest: Over 1,100 Dead as Conflict Enters Third DayAs Israel-Hamas War Rages, Oil Traders Focus on IranIsraelis Taken Hostage Were Ripped From Everyday ActivitiesOil Surges as Hamas Attack on Israel Fans Middle East TensionsThe precious metal gained as much as 1.2% Monday, as financial mar
After a robust September jobs report the latest read on inflation awaits in the week ahead as inflations decipher whether the economy is headed for a soft landing.
Vincent Kong waves a soft-bristled brush as he removes dust from his WM W6, an electric sport-utility vehicle whose purchase he has regretted since the time the carmaker's fortunes took a turn for the worse. "If WM were to close [due to a financial squeeze], I would be forced buy a new [electric] car to replace the W6 because the company's after-sale services would be suspended," said the Shanghai white-collar clerk, who spent about 200,000 yuan (US$27,782) when he bought the SUV two years ago.
(Bloomberg) — It’s been less than a year since one euro was worth a dollar, and talk of the common currency falling back to that level is once again creeping into the market’s discourse.Most Read from BloombergIsrael Latest: Over 1,100 Dead; US Sends Warships to RegionIsrael Latest: Over 1,100 Dead as Conflict Enters Third DayAs Israel-Hamas War Rages, Oil Traders Focus on IranIsraelis Taken Hostage Were Ripped From Everyday ActivitiesOil Surges as Hamas Attack on Israel Fans Middle East Tensio
The outbreak of military conflict in the Middle East may leave central bankers battling new inflationary trends as well as deal a blow to economic confidence at a time when they had expressed growing hope about containing the price surge sparked by the pandemic and Russia's 2022 invasion of Ukraine. The stunning violence in Israel, with hundreds killed as fighters from the Hamas movement invaded from their Gaza enclave and Israel responded in force, added the possibility of a broader Middle East conflict to the sense of global instability sparked by Russian military actions almost 20 months ago. "It’s too early to say" what the implications may be, though oil and equity markets may see immediate fallout, Agustin Carstens, general manager of the Bank for International Settlements, said in a presentation to the National Association for Business Economics.
One of Wall Street’s favorite recession predictors—an inverted yield curve—is getting less inverted, but that isn’t all good news for investors. Since July 2022, the chart plotting interest rates on U.S. Treasuries of different maturities has been downward sloping—with yields on shorter-term bills and notes exceeding those on longer-term securities—known as an inversion of the yield curve. There is generally more inflation and interest-rate uncertainty over the long term than in the short term, so bond investors tend to demand a higher yield to lend for longer.
source
Premium Domain Names:
A premium domain name is a highly sought-after domain that is typically short, memorable, and contains popular keywords or phrases. These domain names are considered valuable due to their potential to attract more organic traffic and enhance branding efforts. Premium domain names are concise and usually consist of one to two words or two to four individual characters.
Top-Level Domain Names for Sale on Crocodom.com:
If you are looking for top-level domain names for sale, you can visit Crocodom.com. Crocodom.com is a platform that offers a selection of domain names at various price ranges. It is important to note that the availability of specific domain names may vary, and it’s recommended to check the website for the most up-to-date information.
Contact at crocodomcom@gmail.com:
If you have any inquiries or need assistance regarding the domain names available on Crocodom.com, you can reach out to them via email at crocodomcom@gmail.com. Feel free to contact them for any questions related to the domain names or the purchasing process.
Availability on Sedo.com, Dan.com, and Afternic.com:
Apart from Crocodom.com, you can also explore other platforms like Sedo.com, Dan.com, and Afternic.com for available domain names. These platforms are popular marketplaces for buying and selling domain names. Each platform may have its own inventory of domain names, so it’s worth checking multiple sources to find the perfect domain name for your needs.
#PremiumDomains #DomainInvesting #DigitalAssets #DomainMarketplace #DomainFlipping #BrandableDomains #DomainBrokers #DomainAcquisition #DomainPortfolio #DomainIndustry #DomainAuctions #DomainInvestors #DomainSales #DomainExperts #DomainValue #DomainBuyers #DomainNamesForSale #DomainBrand #DomainInvestment #DomainTrading