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Smart ring maker Oura eyes $15.6 billion IPO valuation in fall listings demand test

Smart ring maker Oura eyes $15.6 billion IPO valuation in fall listings demand test

By Manya Saini Sept 21 (Reuters) - Oura kicked off the roadshow for its US initial public offering on Monday, targeting a fully-diluted valuation of $15.62 billion as the smart ring maker tests investor appetite for consumer technology companies after a tepid start to the fall IPO season.

TUI narrows 2026 operating profit outlook

TUI narrows 2026 operating profit outlook

Sept 22 (Reuters) - Germany's TUI narrowed its outlook for 2026 underlying operating earnings on Tuesday, saying war in the Middle East meant customers were making later bookings, although demand was strong into the fourth quarter. Shares were down 1.7% soon after markets opened.

Oil holds near two-week lows on easing supply concerns

Oil holds near two-week lows on easing supply concerns

By Anushree Mukherjee LONDON, Sept 23 (Reuters) - Oil prices held near their lowest in more than two weeks on Wednesday, kept in check by improving Gulf crude supplies and growing hopes for a diplomatic resolution to the US-Israeli war on Iran.

Dollar choppy as investors weigh oil drop against Fed rate path

Dollar choppy as investors weigh oil drop against Fed rate path

By Chuck Mikolajczak Sept 22 (Reuters) - The dollar was slightly higher on Tuesday, but off a two-month high hit earlier in the day as investors weighed another decline in oil prices against the possibility of more rate hikes from the Federal Reserve.

Dollar rises in choppy trading as investors weigh inflation prospects

Dollar rises in choppy trading as investors weigh inflation prospects

By Chuck Mikolajczak NEW YORK, Sept 22 (Reuters) - The dollar rose in uneven trading on Tuesday, oscillating between gains and losses after hitting a two-month high earlier in the day as volatile oil prices clouded the inflation picture.

Oil prices rise on Trump timeline for Iran peace deal: after US elections

Oil prices rise on Trump timeline for Iran peace deal: after US elections

By Erwin Seba HOUSTON, Sept 22 (Reuters) - Oil prices rose on Tuesday as traders worried about global supplies after US President Donald Trump told the United Nations General Assembly in a speech that a peace deal with Iran could come after the US midterm elections, which are not until early

AI infrastructure firm Accelevation targets up to $5.4 billion valuation in US IPO

AI infrastructure firm Accelevation targets up to $5.4 billion valuation in US IPO

By Pragyan Kalita Sept 22 (Reuters) - Accelevation is targeting a valuation of up to $5.37 billion in its US initial public offering, the data center infrastructure company said on Tuesday, joining a wave of firms tapping investor demand for AI-linked stocks.

Oura targets $15.62 billion valuation in US IPO, setting stage for fall listings

Oura targets $15.62 billion valuation in US IPO, setting stage for fall listings

Sept 21 (Reuters) - Smart ring maker Oura is targeting a fully diluted valuation of $15.62 billion in its US initial public offering, as the fall listing window looks to kick back into action after a subdued start marked by market volatility.

Wall St futures rise as AI stocks rally, crude prices fall

Wall St futures rise as AI stocks rally, crude prices fall

By Johann M Cherian and Tharuniyaa Lakshmi Sep 21 (Reuters) - US stock futures were higher on Monday, driven by gains in AI shares as Treasury yields took a beating and oil slid 2% to hit an 11-day low on signs of progress in Middle East talks.

AI stocks lift Wall St as oil falls, Treasury yields decline

AI stocks lift Wall St as oil falls, Treasury yields decline

By Johann M Cherian and Tharuniyaa Lakshmi Sept 21 (Reuters) - Wall Street's main indexes rose on Monday, powered by AI gains as Treasury yields eased and crude prices tumbled more than 3% to hit an 11-day low on hope of progress in Middle East negotiations during the UN meeting this week.

Novo Nordisk open to direct New York listing, CEO Doustdar tells FT

Novo Nordisk open to direct New York listing, CEO Doustdar tells FT

Sept 23 (Reuters) - Novo Nordisk is open to considering a direct New York Stock Exchange listing, replacing the American depositary receipts through which US investors currently trade its shares, CEO Mike Doustdar told the Financial Times in an interview published on Wednesday.

Saudi, Gulf stocks fall after Houthis claim Riyadh attacks

Saudi, Gulf stocks fall after Houthis claim Riyadh attacks

By Ateeq Shariff Sept 20 (Reuters) - Saudi Arabia's stock market fell on Sunday, a day after Yemen's Houthis said they struck "sensitive" targets in Riyadh with missiles and drones, with the subdued sentiment seeing all the Gulf bourses close lower.