May 13, 2023 | Weekly Cache
Markets looked a bit weaker by Friday’s close, as Dow Jones fell 1.1% last week, S&P 500 was down 0.3%, and Nasdaq composite was up 0.4%. The median valuation for growth-stage startups fell to US$90 million in the first quarter, a 75% drop from 2021,...
May 6, 2023 | Weekly Cache
After another busy earnings week, Nasdaq was up ~0.1%, as it re-approaches its 2023 highs, Dow Jones was down 1.2% and S&P fell 0.8%. SoftBank’s chip maker Arm Ltd has filed with regulators confidentially for a U.S. stock market listing, Arm said last Saturday,...
Apr 29, 2023 | Weekly Cache
After a rough Tuesday, and a week full of earnings releases, the markets closed the week up. Dow Jones rose 0.9%, so did S&P 500, Nasdaq was up 1.3%. Meta’s Q1 revenue increased 3% as ad business slowly recovers, sending the stock surging after hours. Roku...
Apr 22, 2023 | Weekly Cache
The sideways chop in the markets continued last week, Dow Jones lost 0.2%, S&P 500 fell 0.1%, Nasdaq composite was down 0.4%. Market breadth remains poor, and most investors we speak with remain on the sidelines as they expect that in the near term, either breadth...
Apr 8, 2023 | Weekly Cache
The stock market was mixed last week, Dow Jones rose 0.6%, S&P 500 fell 0.1%, and Nasdaq fell 1.1%, even as the 10-year US Treasury yield tumbled 22 basis points to 3.28%, a seven-month low. Global startups raised US$76 billion in the first quarter—a figure that...
