What the FluxWhat the Flux

Another RBA rate rise! | $700m for bottled water | Intel's Israeli tech set for record IPO

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The Reserve Bank of Australia has gone six-in-a-row, raising the cash rate by 0.25% to 2.60% and it’s getting a little too close to comfort for many home owners.

 

A 3 year-old company that sells water has just raised $70m USD and is now valued at over $700 million USD… for plain, old water.

 

Mobileye, which is Intel’s tech company in the self-driving car space, has filed for an IPO - and this IPO is is expected to be this year’s largest IPO so far.

 

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