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Allbirds raises nearly $303 million after pricing IPO at $15 apiece Shares of Allbirds hit the ground running after the eco-friendly, direct-to-consumer footwear and apparel brand made its IPO debut. via FOX BUSINESS NEWS Markets https://ift.tt/S9M64Ro

Biden admin regulating stablecoins pushes back against financial 'freedom': Ex-Interior Department attorney Former Trump principal deputy solicitor of the U.S. Department of Interior Gregory Zezan argues cryptocurrencies and stablecoins give people financial freedom, which the Biden admin is fighting against. via FOX BUSINESS NEWS Markets https://ift.tt/V5v9U2O

Peloton shares skid as pandemic-related uncertainty weighs on outlook Shares of Peloton have plunged as much as 30% in after-hours trading Thursday after the fitness equipment giant cut its full-year 2022 guidance due to a slow start to the second quarter and "challenged visibility" in its near-term operating performance as a result of uncertainty related to the COVID-19 pandemic. via FOX BUSINESS NEWS Markets https://ift.tt/Ug8Z4bk

Profit miss and Portnoy allegations taint Penn National shares Penn National Gaming’s stock plunged 21% in trading Thursday following a lukewarm earnings report and the publication of an article accusing Barstool Sports founder Dave Portnoy of sexual misconduct. via FOX BUSINESS NEWS Markets https://ift.tt/fUTV8S7

White House snubbed by OPEC, exploring options The White House is exploring its options after OPEC+, a group of the world’s largest energy producers, moved ahead with planned production increases, ignoring President Biden’s plea to pump out more oil. via FOX BUSINESS NEWS Markets https://ift.tt/IEyZgGS

Moderna stock tanks on COVID vaccine delivery slowdown Due to the delays and prioritization of low-income countries, Moderna anticipates fiscal year 2021 product sales between $15B and $18B, down from previous guidance of $20 billion. via FOX BUSINESS NEWS Markets https://ift.tt/aCVt75v

Fox's revenue rises amid increased advertising sales Fox Corp., parent of Fox News and the Fox broadcast network, reported higher revenue in the latest quarter, as more original entertainment programming, live sports and growth at its streaming platforms boosted advertising sales. via FOX BUSINESS NEWS Markets https://ift.tt/XhfJ1Zu