Browsing: valuations

The S&P 500 (SNPINDEX:^GSPC) fell 1.07% to 7,661 as AI-related software stocks faced a sharp reversal, while the NasdaqComposite (NASDAQINDEX:^IXIC) plummeted 2.15% to 26,140 on broad technology selling, and the Dow JonesIndustrial Average (DJINDICES:^DJI) slipped 0.34% to 52,002, outperforming its peers to record its second straight weekly gain.

Over the past year, headlines have been dominated by venture financings at valuations that would have seemed unimaginable only a few years ago. Artificial intelligence (“AI”) companies are raising billions of dollars at valuations measured in the tens, and in some cases hundreds, of billions of dollars.

Deeptech Valuations Grounded, Quality Opportunities Emerge: Piper Serica: Rediff Moneynews

Lagos has emerged as Africa’s leading rising star technology ecosystem, with the city’s startup valuations increasing nearly 12-fold since 2017, as U.S. investors increasingly become the dominant