WeWork Cos. is looking to go public in September, people familiar with the company’s plans said, in what’s expected to be the second-biggest initial public offering of the year. The only bigger IPO would be the one of Uber.
Roth Capital analyst thinks that Tesla (TSLA) stock could trade in a range. He points out that the company needs to finds a solution to fight the margin challenges arising out of higher battery costs and the growing competition.
Robinhood, the stock trading app, has achieved a Series E valuation of $7.6 billion after a successful $323 million funding round led by DST Global, Ribbit Capital, Sequoia, NEA, and Thrive Capital.
The latest Q2 reports show that IBM’s earnings and cloud revenue surpassed the projected street view while Bitcoin plunged below $10,000 as the US Senate has a go at Facebook’s Libra.
Netflix Inc. (NFLX) stock price has dropped 10% since yesterday as the video-streaming service sees a decline in new paid subscriptions. The possible cause could be the increasing competition in the industry.
Tesla (TSLA) is cutting the price of its Model 3 car and eliminating the base versions of the Model S and Model X. The company is also raising the price of full self-driving by $1,000 while the demand for Model 3 remains robust.
Just recently a Wall-Street analyst boosted his price prediction for Microsoft (MSFT) stock price amidst the company’s quarterly earnings results. Microsoft is expected to publish their quarterly earnings tomorrow, on Thursday.
JPMorgan expanded its S&P 500 prediction which now stands at 3,200 from initial 3,000. The new target exceeds that of popular stock market bull and Fundstrat co-founder Thomas Lee who initially set the 3, 125 level.
Peter Thiel, a Renegade Venture Capitalist billionaire tech entrepreneur and advisor to President Trump wants Google investigated for their allegedly treasonous actions in China.
Blockchain consortium startup R3 is said to be considering an Initial Public Offerings (IPO). Sources familiar with the report reveals that R3 is in talks with an adviser over a potential public listing.
Estonia-based crypto exchange DX.Exchange, announced the launch of a completely new financial instrument called Smart Leverage Tokens or SLT’s. This way the company wants to change the leverage trading in cryptocurrency markets.
Virgin Galactic announced that it will go public in the second half of 2019 with Social Capital Hedosophia Holdings Corp expected to acquire 49% of the space-tourism company.
While introducing new lower-cost MacBook Air and 13-inch MacBook Pro computers, Apple decided to discontinue its standard 12-inch MacBook. The new upgraded Mac’s will be even cheaper for college students.
Grayscale Investments’ Bitcoin Trust generates an appreciation YTD of 296%. This is an elevating growth as compared with established investments displayed in the Global Dow (12.9%) and S&P 500 (18.7%) over an equal time frame.
Recently on the CNBC Fast Money show, Mark Yusko, the CEO of Morgan Creek Capital Management, claimed that Bitcoin price is likely to be on the next parabolic move and is heading to $30,000.