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Chinese AI chip startup Biren surged as much as 119% in its Hong Kong debut, after raising ~$717M in an IPO priced at ~$2.52 per share (Bloomberg)

Bloomberg : Chinese AI chip startup Biren surged as much as 119% in its Hong Kong debut, after raising ~$717M in an IPO priced at ~$2.52 ...

6 February 2024

Snap reports Q4 revenue up 5% YoY to $1.36B, vs. $1.38B est., DAUs up 10% YoY to 414M, a net loss of $248M, vs. $288M YoY; SNAP drops 28%+ after hours (Jonathan Vanian/CNBC)

Jonathan Vanian / CNBC:
Snap reports Q4 revenue up 5% YoY to $1.36B, vs. $1.38B est., DAUs up 10% YoY to 414M, a net loss of $248M, vs. $288M YoY; SNAP drops 28%+ after hours  —  - Snap said fourth-quarter revenue rose about 5%, while the company's net loss narrowed 14% from a year earlier.

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