In private trades, Shein’s valuation has dropped below the $66 billion it got in a funding round in May, the people said. Stakes that have recently changed hands in the secondary market valued the company at around $50 billion to $60 billion, the people said.
Apple approaches $4 trillion valuation as investors bet on AI momentum
Apple is nearing a $4 trillion market cap, driven by investor excitement over its AI enhancements. The stock has risen 16% recently. Analysts expect iPhone