Hinge Health’s TrueMotion feature.Courtesy: Hinge HealthHinge Health priced its IPO at $32 per share on Wednesday, at the top end of the expected range.The digital physical therapy startup sold 8.52 million shares in the offering, raising about $273 million. The total offering was for 13.7 million shares, with the balance being sold by existing shareholders.Hinge, founded in 2014, will trade on the New York Stock Exchange under the ticker symbol “HNGE.” The company filed its initial prospectus in March and updated the document earlier this month with an expected pricing range of $28 to $32.The company uses software to help patients treat…
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Apple CEO Tim Cook (L) and Apple chief design officer Jony Ive (R) look at the new Mac Pro during the 2019 Apple Worldwide Developer Conference (WWDC) at the San Jose Convention Center on June 03, 2019 in San Jose, California.Justin Sullivan | Getty ImagesBefore Jony Ive left Apple in 2019, no major Apple hardware launch was complete without a video highlighting the product’s physical design, narrated by Ive’s gentle British accent. He became a touchstone in Silicon Valley for great hardware because of his role in the creation of the iPhone and Apple Watch.On Wednesday, Ive returned to the…
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via EmailOn today’s episode of CNBC Crypto World, Bitcoin sets a new record price. Plus, the SEC files charges against the crypto firm Unicoin and its top executives for alleged fraud. And, Eric Chen, co-founder of Injective, reacts to bitcoin’s new record and provides his outlook for the cryptocurrency. Source link
Check out the companies making headlines after the bell : Zoom Communications — The video conferencing company saw shares rising about 1% in extended trading after the firm shared its annual revenue forecast. The company now sees fiscal 2026 revenue between $4.80 billion and $4.81 billion, compared to analyst expectation of $4.79 billion, according to FactSet. Zoom also posted higher-than-expected adjusted earnings for the last quarter. Snowflake — The cloud-based data storage company’s stock surged more than 6% in after-hours trading after the company reported a solid first quarter. Adjusted earnings of 24 cents per share beat an LSEG estimate…
Elon Musk listens as reporters ask U.S. President Donald Trump and South Africa President Cyril Ramaphosa questions during a press availability in the Oval Office at the White House on May 21, 2025 in Washington, DC. Chip Somodevilla | Getty ImagesSen. Jeanne Shaheen urged President Donald Trump on Wednesday to require billionaire Elon Musk and special government employees of his DOGE project to certify before leaving government service that they cannot use for personal benefit any non-public government data they gained access to.Shaheen, D-N.H., in a letter to Trump, noted that the Tesla CEO Musk and DOGE employees have “unprecedented”…
The artificial intelligence boom has sent energy demand soaring. Some of the supercomputers sucking up all that power are helping to find new energy sources.Fusion energy is the process of forcing two hydrogen atoms to combine and form one helium atom, which releases huge amounts of power. It uses a stellarator, a type of fusion reactor invented in the 1950’s that produces heat. Until now, the technology was too difficult to deploy commercially.But this old concept has brand new potential. Type One Energy, a startup based in Tennessee, claims to have proven that fusion energy will be able to produce electricity…
Bernard Arnault, Chairman and CEO of LVMH Moet Hennessy Louis Vuitton, speaks during the annual shareholders meeting of LVMH Moet Hennessy Louis Vuitton in Paris, France, April 17, 2025. Gonzalo Fuentes | ReutersThe European Union must soften its stance toward U.S. President Donald Trump’s trade demands and negotiate a deal to avoid tariffs and protect European jobs, LVMH CEO and Chairman Bernard Arnault said on Wednesday.Talks between Brussels and Washington should be handled “with the aim to succeed and therefore with reciprocal concessions,” Arnault said. “For now, I am under the impression it’s not going well.”Speaking to French senators during a parliamentary hearing, Arnault said he…
The Financials Select Sector SPDR Fund (XLF) has been among the sector leaders during the market’s epic market snapback from the April lows. Since the intraday low on April 7, it has gained a cool 15%. While it has lagged the biggest leaders, XLF got to within 1% of its Feb. 28 all-time closing high earlier this week. Very few have done that so far, especially ETFs based in the US. The two big questions now for XLF – and for many others are: “Has it come too far, too fast?” Such strong gains in six weeks don’t happen a lot, and the…
Jim Cramer ran through each holding during the May Monthly Meeting on Wednesday. Source link
Michael Intrator, Founder & CEO of CoreWeave, Inc., Nvidia-backed cloud services provider, gestures during the company’s IPO at the Nasdaq Market, in New York City, U.S., March 28, 2025. Brendan Mcdermid | ReutersCoreWeave shares popped more than 18% after announcing a $2 billion debt offering.The renter of artificial intelligence data centers said it had priced the notes at 9.25%, with a June 2030 maturity date. The deal represents a $500 million increase from its initial announcement.CoreWeave said it plans to use the capital to pay off outstanding debt. The company confirmed to CNBC that the debt offering was five times oversubscribed.In…
