{"id":15492,"date":"2025-09-11T07:51:05","date_gmt":"2025-09-11T07:51:05","guid":{"rendered":"https:\/\/www.newsbeep.com\/nz\/15492\/"},"modified":"2025-09-11T07:51:05","modified_gmt":"2025-09-11T07:51:05","slug":"sp-500-nasdaq-notch-fresh-records-as-oracle-soars-with-inflation-data-on-deck","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/nz\/15492\/","title":{"rendered":"S&#038;P 500, Nasdaq notch fresh records as Oracle soars, with inflation data on deck"},"content":{"rendered":"\n<p class=\"yf-1090901\">Swedish buy now, pay later lender Klarna (<a data-i13n=\"cpos:1;pos:1\" href=\"https:\/\/finance.yahoo.com\/quote\/KLAR\" data-ylk=\"slk:KLAR;cpos:1;pos:1;elm:context_link;itc:0;sec:content-canvas\" class=\"link \" rel=\"nofollow noopener\" target=\"_blank\">KLAR<\/a>) is set to go public on the New York Stock Exchange on Wednesday after raising $1.37 billion in its initial public offering.<\/p>\n<p class=\"yf-1090901\">According to Bloomberg, the fintech company and its backers sold 34.3 million shares for $40 per share in the<a data-i13n=\"cpos:2;pos:1\" href=\"https:\/\/finance.yahoo.com\/news\/klarna-backers-raise-1-37-012412824.html\" data-ylk=\"slk:oversubscribed IPO;cpos:2;pos:1;elm:context_link;itc:0;sec:content-canvas;outcm:mb_qualified_link;_E:mb_qualified_link;ct:story;\" class=\"link  yahoo-link\" rel=\"nofollow noopener\" target=\"_blank\"> oversubscribed IPO<\/a>, which gives the company a $15.1 billion valuation, based on the outstanding shares. This is a drop-off from its $45.6 billion valuation in 2021, led by an investment from Japan&#8217;s SoftBank Group, but an improvement from its $6.7 billion valuation in 2022 following a private funding round.<\/p>\n<p class=\"yf-1090901\">Klarna had halted its IPO plans earlier in the spring as tariff volatility rocked markets. However, Klarna is now kicking off a busy week for IPOs, with seven other companies, including the Winklevoss twins&#8217; crypto exchange Gemini, in the lineup to make their public debuts this week.<\/p>\n<p class=\"yf-1090901\"><a data-i13n=\"cpos:3;pos:1\" href=\"https:\/\/finance.yahoo.com\/news\/swedish-fintech-klarna-set-hotly-104519548.html\" data-ylk=\"slk:Read more here.;cpos:3;pos:1;elm:context_link;itc:0;sec:content-canvas;outcm:mb_qualified_link;_E:mb_qualified_link;ct:story;\" class=\"link  yahoo-link\" rel=\"nofollow noopener\" target=\"_blank\">Read more here.<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"Swedish buy now, pay later lender Klarna (KLAR) is set to go public on the New York Stock&hellip;\n","protected":false},"author":2,"featured_media":15493,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[138,219,2711,111,139,69,5618,14888,17697],"class_list":["post-15492","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-business","tag-economy","tag-nasdaq-composite","tag-new-zealand","tag-newzealand","tag-nz","tag-president-trump","tag-the-federal-reserve","tag-wholesale-inflation"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/15492","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/comments?post=15492"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/15492\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media\/15493"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media?parent=15492"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/categories?post=15492"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/tags?post=15492"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}