SA国际传媒

Here’s what you need to know today in startup and venture news, updated by the SA国际传媒 News staff throughout the day to keep you in the know.

Amazon, Snap shares rocket on earnings

Shares of surged after earnings for the fourth quarter beat estimates, propelled by growing revenue and gains from the company’s stake in electric vehicle-maker . Net sales increased 9 percent in Q4 2021 compared to year-earlier levels. Fourth-quarter net income hit $14.3 billion, and the company revealed it is raising the price of its popular Prime memberships.

Meanwhile, also reported better-than-expected earnings, sending shares skyrocketing. The company also reported its first quarterly net profit, per a CNBC .

— Joanna Glasner

Arcellx prices IPO

Gaithersburg, Maryland-based , a biotech developing therapies for blood cancers, raised after pricing shares at $15 each, the low end of the proposed range of $15 to $17. The company plans to list on the under the symbol ACLX.

— Joanna Glasner

Funding rounds

Binalyze raises $10M: Estonia-based cybersecurity startup reportedly in a seed round led by . The company focuses on an area it calls enterprise forensics, helping ensure that when breaches occur, organizations have tactical tools in place for a fast response.

— Joanna Glasner

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