~$2.7B

Automated digital wealth management company Wealthfront's stock closed up 1.36% in its Nasdaq debut, valuing it at ~$2.7B, after raising $486M in its IPO

Wealthfront stock trades on the Nasdaq under the ticker symbol WLTH.  Its IPO priced at the top of its expected range.

SK Hynix's union approves SK's 6% wage bump plus 10% of SK's annual profit allocated to a bonus pool, costing ~$2.7B for 33,625 staff in 2025, averting a strike

Yoolim Lee / Bloomberg :

Source: Insight Partners is set to reap ~$2.7B from the pending sale of Wiz to Alphabet, a 15.5x return on its invested capital, based on its ~8% stake in Wiz

Gillian Tan / Bloomberg :

Sources: India plans ~$2.7B in fresh subsidies and import tariff cuts to help boost local manufacturing, especially of smartphones made by companies like Apple

- Proposed incentives will help smartphone makers like Apple  — Final decision to be made by cabinet; details likely in budget

Huawei reports Q1 revenue up 37% YoY to ~$24.7B and net profit up 564% YoY to ~$2.7B, rising for the fourth consecutive quarter, buoyed by smartphone sales

Bloomberg :

Sources: KKR plans an IPO for chip equipment maker Hitachi Kokusai Electric in Tokyo, aiming for a ~$2.7B valuation, up ~60% from KKR's 2017 acquisition price

Financial Times :

Nansen: users spent ~$2.7B worth of ether to mint NFTs in H1 2022; 50.7% of the ETH raised stayed with the NFT projects and 45.7% went to non-entity wallets

Over 1 million unique wallet addresses were involved in the minting process, signaling that nonfungible token market activity remained strong. Source: Nansen .

Michael Saylor, whose company MicroStrategy holds bitcoin now worth ~$2.7B, says bitcoin “is still at an early stage in its development and poorly understood”

Michael Saylor, whose company MicroStrategy holds bitcoin now worth ~$2.7B, says bitcoin “is still at an early stage in its development and poorly understood”

Software entrepreneur has remained calm even as crypto markets crashed  —  What do you do when you head the public company … Tweets: @ldrogen Tweets: Leigh Drogen / @ldrogen : “still at an early stage...