Upcoming Week: Major Earnings Reports & IPOs

The newly proposed economic stimulus package brings optimism to the market. Netflix, Intel, and Schlumberger will be posting fourth-quarter earnings this week while several companies are set to go…

Poshmark Announces IPO Pricing At $42 Per Share

Re-commerce firm Poshmark has released its IPO pricing at $42 per share, giving the company an initial valuation of $3 billion. Poshmark is planning to sell 6.6 million shares of Class A common stock…

IBM Buys Canadian FinTech Expertus

IBM has purchased a Canadian fintech startup Expertus for an undisclosed amount. The merger would allow IBM to enhance its artificial intelligence (AI) tech and digital payment tools.