Swiggy’s IPO is facing uncertainty as analysts advise investors to consider the long-term potential due to profitability concerns and competition from Zomato. Despite conservative pricing, the IPO saw muted demand on its first day, with grey market trends indicating minimal listing gains.
Berkshire Hathaway spends down cash pile under CEO Greg Abel
Berkshire Hathaway reduced its cash hoard to $365.5 billion in Q2, as CEO Greg Abel deployed capital into $4.5 billion of stock buybacks and nearly