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Coinbase shares slide Tuesday, as crypto play takes double-digit fall from July record

Shares were last down more than 5%. The decline occurred as investors adopted a risk-off stance on Tuesday and the three major averages declined. Coinbase is now off more than 30% from its all-time high of $444.65, reached on July 18. Shares popped in mid-July as legislators voted on a series of crypto-related bills, ending with President Donald Trump signing the GENIUS Act stablecoin legislation — the nation's first-ever crypto law. Shares have been collapsing since then. Shares of the crypto

Kleiner Perkins is having a very good week

Even while the tech industry is still fanning its face over Figma’s hot IPO on Thursday, another significant tech IPO occurred this week: Ambiq Micro. On Wednesday, the chip maker for wearable devices saw its shares climb from the initial price of $24 to over $42 on Friday. There’s one thing both companies have in common: Kleiner Perkins was a major investor. So it’s been a very good week for the venerable venture firm. Just for fun, we’ve calculated the value of Kleiner Perkins’ stake in each

Figma’s stock soared in its highly anticipated IPO, market cap instantly hit $45B

Figma began trading on the New York Stock Exchange on Thursday after a long delay. It soared so quickly that trading was halted for a short time due to market volatility. Within a minute of trading, its market cap hit $45 billion but the price spent the day bouncing between $101 and as high as $124. It closed at $115.50 and a $47 billion market cap, Yahoo Finance reports. The company and existing investors sold shares at the IPO price of $33 per share. Quite the pop. And after-market trading i

Figma’s stock soars in its highly anticipated IPO, market cap instantly hits $45B

Figma began trading on the New York Stock Exchange on Thursday after a long delay. It soared so quickly that trading was halted for a short time due to market volatility. The price is currently bouncing between $101 and $112 with a mid-day market cap of $45 billion, Yahoo Finance reports. The company and existing investors sold shares at the IPO price of $33 per share. Quite the pop. There has been so much demand for this stock that people on X are posting funny pictures of their orders being

Figma’s IPO price hit a $19.3B valuation out of the gate

Figma will begin trading on the New York Stock Exchange on Thursday in one of the most anticipated IPOs of 2025. The IPO is 40x oversubscribed, VCs confirmed to TechCrunch and Bloomberg previously reported. That means demand for shares is 40x the number of shares the company and its existing investors are selling. So it should surprise no one that Figma, which offers design software, has priced its initial shares at $33 per share, above its previously announced range. On Monday, the company sa

The Meme Stocks Are Back and May Have Found Their New ‘Roaring Kitty’

It seems meme stocks are back, and this time, the latest craze was sparked—somewhat accidentally—by a Canadian hedge fund manager named Eric Jackson. About three weeks ago, Jackson’s firm, EMJ Capital, bought shares of Opendoor Technologies, a San Francisco–based company that buys and sells homes online, at around $0.70 apiece. Since then, the company’s share price has skyrocketed over 600% to an intraday high of almost $5 on July 21. Today, it’s trading at about $2.40, still a roughly 250% gai

Block's stock pops on addition to S&P 500

The logo for the U.S. tech firm Block is displayed and reflected in numerous digital screens in London, England, on March 3, 2023. Block shares jumped 7% on Monday after S&P Global said the company will join the S&P 500, replacing Hess, which was acquired by Chevron's for $54 billion. The stock rose following the announcement late Friday as investors sought to get in ahead of index fund managers, who will need to buy shares to mimic the changes. Square's $48 billion market cap at Monday's clos

Figma looks to raise nearly $1B as it kicks off its IPO roadshow

In Brief Enterprise design startup Figma has entered the next step of its IPO journey. Figma announced Monday it is kicking off its IPO roadshow. The company plans to offer more than 36 million shares of class A stock that are expected to be priced between $25 and $28 a share. This offering includes a mix of primary and secondary shares and would allow the company to raise around $1 billion. The company is expected to price its IPO the week of July 28. If the company prices its shares in the

Figma’s Dylan Field will cash out about $60M in IPO, with Index, Kleiner, Greylock, Sequoia all selling, too

When Figma announced its initial hoped-for price range on Monday ($25-$28), it also revealed an unusual decision for its highly anticipated IPO. It will allow existing shareholders to sell more shares than the company plans to sell, by a high ratio. The company plans to offer about 12.5 million shares. Yet existing shareholders will be allowed to cash out of nearly 24.7 million shares, it said. In addition, should this IPO be as hot as everyone thinks it will be, existing shareholders will get

Figma looks to raise nearly $1 billion as it kicks off its IPO roadshow

In Brief Enterprise design startup Figma has entered the next step of its IPO journey. Figma announced Monday it is kicking off its IPO roadshow. The company plans to offer more than 36 million shares of class A stock that are expected to be priced between $25 and $28 a share. This offering includes a mix of primary and secondary shares and would allow the company to raise around $1 billion. The company is expected to price its IPO the week of July 28. If the company prices its shares in the

Nvidia CEO Jensen Huang sells another $37 million worth of stock

NVIDIA founder and CEO Jensen Huang speaks during the NVIDIA GTC Paris keynote, part of the 9th edition of the VivaTech technology startup and innovation fair, held at the Dôme de Paris in the Porte de Versailles exhibition center in Paris on June 11, 2025. Nvidia CEO Jensen Huang sold another 225,000 shares of the chipmaker, totaling about $37 million, according to a U.S. Securities and Exchange Commission filing. The sale comes as part of a plan adopted in March for Huang to sell up to 6 mil

China’s Geely is officially bringing its luxury EV startup Zeekr private

China’s Geely Auto is officially taking its luxury EV subsidiary Zeekr private, just over a year after the company debuted on the New York Stock Exchange. The news comes two months after Geely offered to take Zeekr private, following President Donald Trump’s threats earlier this year to delist Chinese stocks from U.S. exchanges. When the merger closes, Zeekr shareholders will receive either $2.69 in cash per share or 1.23 newly issued Geely shares for each Zeekr share they own, per a regulator

Nvidia hits $4 trillion market cap, first company to do so

Nvidia CEO Jensen Huang attends a roundtable discussion at the Viva Technology conference dedicated to innovation and startups at Porte de Versailles exhibition center in Paris on June 11, 2025. Nvidia shares jumped more than 2% on Wednesday, topping a $4 trillion market cap for the first time as investors scooped stock in the tech giant building the hardware for the generative artificial intelligence boom. The chipmaker is the first company to ever achieve this market value. Nvidia is the wo

Jeff Bezos sells $666 million in Amazon stock as part of plan to unload 25 million shares

Jeff Bezos gestures as he leaves Aman Venice hotel, ahead of their expected wedding, in Venice, Italy, June 25, 2025. Amazon founder Jeff Bezos sold nearly three million shares worth $665.8 million over two days in July, a regulatory filing Tuesday showed. The stock sale is part of a plan announced earlier this year that will see Bezos unload up to 25 million shares of Amazon through May 2026. Bezos, who stepped down as Amazon CEO in 2021, sold $736.7 million in stock during the final days of

OpenAI condemns Robinhood’s ‘OpenAI tokens’

OpenAI wants to make clear that Robinhood’s sale of “OpenAI tokens” will not give everyday consumers equity — or stock — in OpenAI, the company said in a post from its official newsroom account on X. OpenAI says it does not endorse Robinhood’s effort, nor was it involved in facilitating the token sale. “These ‘OpenAI tokens’ are not OpenAI equity,” said OpenAI’s newsroom account. “We did not partner with Robinhood, were not involved in this, and do not endorse it. Any transfer of OpenAI equity

Jeff Bezos sells $737 million worth of Amazon shares

Amazon founder Jeff Bezos leaves Aman Venice hotel, on the second day of the wedding festivities of Bezos and journalist Lauren Sanchez, in Venice, Italy, June 27, 2025. Amazon founder Jeff Bezos unloaded more than 3.3 million shares of his company in a sale valued at roughly $736.7 million, according to a financial filing on Tuesday. The stock sale is part of a previously arranged trading plan adopted by Bezos in March. Under that arrangement, Bezos plans to sell up to 25 million shares of Am

Figma moves closer to a blockbuster IPO that could raise $1.5B

Figma publicly shared its financials Tuesday, inching the design software company closer to an IPO. And while this initial S-1 is missing details such as number of shares to be offered and what price, the regulatory filing provides the clearest view yet of its financial health — and potential. IPO experts Renaissance Capital estimate that Figma could raise up to $1.5 billion in this offering. If it does meet or exceed that, Figma’s IPO will match or beat CoreWeave’s, which raised $1.5 billion a

AeroVironment stock drops 11% on offering plan to pay off debt

An image of a Quantix drone made by AeroVironment. AeroVironment shares fell 11% Tuesday after the defense contractor said it plans to offer $750 million in common stock and $600 million in convertible senior notes due in 2030 to repay debt. The drone maker said it would use leftover funding for general purposes such as boosting manufacturing capacity. AeroVironment shares have soared 85% this year, ballooning its market value to about $13 billion. Last week, shares of the Arlington, Virgini

AeroVironment stock drops 8% on offering plan to pay off debt

An image of a Quantix drone made by AeroVironment. AeroVironment shares fell 8% Tuesday after the defense contractor said it plans to offer $750 million in common stock and $600 million in convertible senior notes due in 2030 to repay debt. The drone maker said it would use leftover funding for general purposes such as boosting manufacturing capacity. AeroVironment shares have soared 85% this year, ballooning its market value to about $13 billion. Last week, shares of the Arlington, Virginia

AeroVironment stock drops 7% on offering plan to pay off debt

An image of a Quantix drone made by AeroVironment. AeroVironment shares fell 7% Tuesday after the defense contractor said it plans to offer $750 million in common stock and $600 million in convertible senior notes due in 2030 to repay debt. The drone maker said it would use leftover funding for general purposes such as boosting manufacturing capacity. AeroVironment shares have soared 85% this year, ballooning its market value to about $13 billion. Last week, shares of the Arlington, Virginia

Nvidia insiders dump more than $1 billion in stock, according to report

NVIDIA founder and CEO Jensen Huang speaks during the NVIDIA GTC Paris keynote, part of the 9th edition of the VivaTech technology startup and innovation fair, held at the Dôme de Paris in the Porte de Versailles exhibition center in Paris on June 11, 2025. Insiders at artificial intelligence chipmaker Nvidia have dumped more than $1 billion in stock over the last year, according to a report from the Financial Times. About $500 million worth of sales occurred over the last month as the market

Circle resumes its post-IPO rally after pullback, stablecoin issuer boosts Coinbase

In this article BTC.CM= Follow your favorite stocks CREATE FREE ACCOUNT Jeremy Allaire, CEO and co-founder of Circle Internet Group, the issuer of one of the world's biggest stablecoins, and Circle Internet Group co-founder Sean Neville react as they ring the opening bell, on the day of the company's IPO, in New York City, U.S., June 5, 2025. Brendan McDermid | Reuters Stablecoin issuer Circle resumed its rally on Thursday after a brief pullback this week. Shares were last higher by 12%, after

Ambarella shares soar more than 20% on report chip designer is exploring sale

Ambarella shares popped 20.6% after a report that the chip designer is currently working with bankers on a potential sale. Shares also notched their best session since September 2021. Bloomberg reported the news, citing sources familiar with the matter. While no deal is imminent, the sources told Bloomberg that the firm may draw interest from semiconductor companies looking to improve their automotive business. Private equity firms have already expressed interest, according to the report.

Nvidia CEO Huang sells $15 million worth of stock, first sale of $873 million plan

Nvidia CEO Jensen Huang attends a round table discussion at the Viva Technology conference dedicated to innovation and startups at Porte de Versailles exhibition center in Paris, France, June 11, 2025. Nvidia CEO Jensen Huang sold 100,000 shares of the chipmaker's stock on Friday and Monday, according to a filing with the Securities and Exchange Commission. The sales are worth nearly $15 million at Tuesday's opening price. The transactions are the first sale in Huang's plan to sell as many as

Shares of Coinbase, Circle surge after stablecoin bill passes Senate

Jeremy Allaire, CEO of Circle Internet Group, the issuer of one of the world's biggest stablecoins, and Circle co-founder Sean Neville pose outside the New York Stock Exchange (NYSE), on the day of the company's IPO in New York City, U.S., June 5, 2025. Shares of Circle and Coinbase rallied on Wednesday, as Wall Street cheered the Senate's passage of the GENIUS Act, which would establish a federal framework for U.S. dollar-pegged stablecoins. Circle, the issuer of the USDC stablecoin, rose 22%