#Stock

.Delhi, India
Zomato's co-founder and CEO Deepinder Goyal (Photo Credits: Twitter/DeepinderGoyal)

  • Deepinder Goyal's net worth is close to Rs 2200 crore
  • He is an IIT-Delhi graduate
  • Zomato has made entry into 'Top 100 Listed Companies'

About 80 food delivery men of Zomato and Swiggy take COVID-19 test at Krishnankovil Primary Health Centre in Nagercoil. (Photo Credit: PTI)

  • The allocation of shares in Zomato's massive IPO has been finalised
  • The registrant of the Zomato IPO is Link Intime India Private Ltd
  • Investors may now monitor the progress of their Zomato share application

Non-institutional investors subscribed 61% of their portion after the IPO was offered. (Photo Credit: Representative Image/Unsplash)

  • The offer was subscribed 3.14 times by 3 pm on July 16
  • Investors bid for 1.02 crore equity shares against the IPO size of 32.61 lakh equity shares
  • The company's reserved portion was subscribed 6.02 times

.New York, NY, USA
Analysts expect the United States added 725,000 jobs. (Photo credit: AFP)

  • The Dow Jones Industrial Average gained 0.4% to 34,633.53
  • The broad-based S&P 500 jumped 0.5% to 4,319.94
  • Tech-rich Nasdaq Composite Index advanced added 0.1% at 14,522.38

.Pittsburgh, PA, USA
Duolingo was launched in November 2011 in Pittsburgh, Pennsylvania. (Photo Credit: Twitter/@duolingo)

  • Duolingo's last confirmed valuation was $2.4 billion in November 2020
  • Documents show that Duolingo advertised its revenue and growth to potential investors
  • The app had grown by 97% to $55.4 million in terms of revenue in the first quarter of 2021

.New York, NY, USA
Wall Street stocks rose early on Thursday. (Photo Credit: Representational Image/Pixabay)

  • Wall Street stocks rose early on Thursday, pushing the S&P 500 into record territory
  • The US inflation rate accelerated to five percent for the 12 months ending May
  • About 25 minutes into trading, the Dow Jones Industrial Average was at 34,692.34, up 0.7 percent

.Mumbai, Maharashtra, India
At 9.45 am on Monday, the stock market index was at 47,443.78 points down 1,388.25 pts (2.84%). (Photo Credit: UnSplash)

  • Sensex crashed 1300 points and came down to 47,494 points in early trade on Monday
  • Nifty was below 14,300 on the opening bell
  • Almost all stocks were in red, led by banking and finance stocks such as IndusInd Bank, Bajaj Finance, ICICI Bank, and SBI

.New York, NY, USA
Commerce Department data showed prices grew less than expected at 0.2% in February. (Photo Credit: Representational Image/Pixabay)

  • The Dow Jones Industrial Average jumped 1.4% to 33,072.88
  • The S&P 500 gained 1.7% to 3,974.54
  • The tech-rich Nasdaq Composite Index gained 1.2% to 13,138.73

.New York, NY, USA
Tech stocks have been the hardest hit by the rise in bond yields. (Photo Credit: Representational Image/Pixabay)

  • Tech-rich Nasdaq Composite Index closed 0.8% higher at 13,215.24
  • Dow Jones Industrial Average closed 0.7% lower at 32,627.97
  • Broad-based S&P 500 lost 0.1% to close at 3,913.10

.New York, NY, USA
Tesla's share prices fell from $883 to $566. (Photo Credit: Tesla.com)

  • Tesla's  market capitalisation from April, 2020, to January sky-rocketed from $30 billion to $849 billion, a record increase
  • That saw founder Elon Musk's net worth shoot up to $185 billion, making him the world's richest person 
  • Tesla's valuation has plummeted by 36%, shedding $305 billion to now be valued at $566 billion