Sunday, May 19, 2024
"I think buying new offerings in a hot market is something the average investor should not think about at all." said Warren Buffett on CNBC Thursday, when asked about buying into the Lyft IPO, which is scheduled...
It's difficult to write about Tesla (NASDAQ:TSLA) without pointing out how precarious the business remains. To be fair, this isn't news—the electric automobile manufacturer has been living on borrowed time for years, but has managed to pull...
Lyft’s initial public offering of 32.5 million shares was priced at $72 per share on Thursday. This would value the company at more than $20 billion and hit the top of its expected range.
Sen. Cory Booker (D-NJ) introduced a new bill. that would legalize pot nationwide, however the CEO. of a veteran-owned and operated cannabis company is worried about the threat of political gridlock. “I am happy about Senator Booker’s bill as well as...
The Dow tumbled Monday, giving up early gains amid doubts over whether a U.S.-China trade deal would spark a quick recovery in the global economy. The Dow Jones Industrial Average fell 0.79%. The S&P 500 lost 0.39%, while the Nasdaq...
KEY POINTS The Federal Reserve’s benchmark interest rate has risen to 2.44%, the highest it’s been since the central bank began raising rates in December 2015.In addition, the funds rate has passed the interest...
Mark Zuckerberg, chief executive officer and founder of Facebook Inc., listens during the Viva Technology conference in Paris, France, on Thursday, May 24, 2018. Facebook CEO Mark Zuckerberg on Wednesday made a major proclamation: The future of Facebook is one...
Stocks jumped on Monday as strong manufacturing data out of the U.S. and China eased worries of a possible global economic slowdown. The Dow Jones Industrial Average rose 329.74 points to 26,258.42, led by gains in...
Amazon said Thursday that founder and CEO Jeff Bezos has finalized his divorce with wife MacKenzie, who will end up with a stake in the online shopping giant worth more than $35 billion. In...
Treasury yields fell sharply, as the futures market priced in higher expectations for fed rate cuts.
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