CWEB Summarized Business Newsletter September 16, 2023

Instacart, a supermarket delivery service, has increased its IPO price goal by $2, to $28-$30, after the successful debut of British chip designer Arm Holdings. Shares will be priced on Monday, with trading beginning on the Nasdaq the following day at a valuation that might exceed $10 billion. Sam Bankman-Fried, who founded the defunct cryptocurrency … Continue reading CWEB Summarized Business Newsletter September 16, 2023