Now that Neumann is gone, the SoftBank Group which is WeWork’s largest investor, is considering pumping a lot more money into the troubled startup. The deal, if completed will give SoftBank more control of the company.
The Peloton interactive workout company has announced a share price of $29 each, for its IPO. The company has recorded consistent losses and it is generally hoped that this IPO would change things considerably.
Amazon’s hardware event came with a few surprises this year but with a lot more innovations including a device that can link other devices to enhance the Internet of Things (IoT) in the immediate environment.
The Stock Market has responded positively to Trump’s hint at a possible resolution to the trade war with China. There were modest gains which seem to be unaffected by the current impeachment proceedings against Trump.
An official impeachment enquiry has been started against President Trump and there are concerns about what this news and the possible timeline of events, could do for stocks. Should investors be worried?
The Alibaba Group has closed a deal which guarantees the company 33% equity interest in Ant Financial. The deal means that Ant Financial will no longer pay any pre-tax profits to Alibaba.
Amazon is introducing new earbuds and a new version of its echo speakers. This will place the Alexa voice assistant in a position to do more things than she has ever done before.
Following a strange corporate governance structure and other methods, WeWork’s largest investor is now looking to have Adam Neumann removed as CEO.
The S&P 500 is used by most stock market analysts as the best way to get an overview about the state of the market in the U.S. Today, we look at 5 of the best-performing stocks, over the last 2 decades, since 2000.
In recent news, OneConnect, which is the blockchain and fintech arm of the Chinese biggest insurer Ping An, is planning to launch an initial public offering (IPO) in the U.S. market, New York specifically.
In recent news, Patrick Byrne, the former CEO of Overstock, has sold all his Overstock equity holdings worth about $90 million to shift his investments to different assets like precious metals and cryptocurrencies.
Electronic Arts (EA) is not one of the traditional firms that are going the crypto way. However, a recent tweet from the company sought to mislead the crypto community that it was and succeeded quite well at it.
Amazon has launched its Amazon PayCode service in the U.S. This service is targeted at a large number of people, who struggle with access to financial services, or who would simply prefer cash payments.
Microsoft has announced another stock buyback program, worth about $40 billion. The company has also said that it will increase dividends paid to shareholders by as much as 11%. MSFT is now the most valuable stock in the market.
Amazon customers are in for a real treat with unrestricted access to the Amazon Music HD library where they can stream about 50 million songs with CD audio quality, courtesy of the company.