Airbnb Isn’t Just Any Unicorn About to IPO. It Actually Makes Money
The newest stock market unicorn to announce its IPO plans is Airbnb. The short-term rental company, which has exploded in popularity over the past few years, announced that it may seek to file for its initial public offering next year. Its most recent fundraising round resulted in a valuation of $35 billion. Airbnb Justifies Its […]
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Netflix Bloodbath: Why NFLX’s Market Cap Plunged $12 Billion in 3 Days
Netflix (NLFX) stock plunged by more than 6 percent within hours after the U.S. stock market opened, wiping out $12 billion from the market capitalization of the company in merely three days. The major factors behind the steep downward trend of Netflix stock are said to be increasing competition in the U.S. streaming market with […]
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Facebook Kisses up to Banks as Pushback Threatens Libra Crypto
CME Group Is Launching Bitcoin Options Early in 2020
CME Group Is Launching Bitcoin Options Early in 2020
Roku Stock Spirals Further Despite New 4K HDR Device Upgrades
Wells Fargo’s Stablecoin ‘Faster, Cheaper’ Than SWIFT, Says Exec
Target Announces Massive Waste of Capital – A $5B Share Buyback
Elon Musk Unfazed by Daimler’s EV Push, but Should He Be?
Another super-heavyweight car manufacturer is entering the EV ring, as Daimler announces plans to focus on battery-powered engines rather than gasoline. Tesla CEO Elon Musk congratulated the company on their decision, despite the fact an armada of electric Mercedes is undoubtedly on its way to saturate an increasingly crowded marketplace. Electric is the future! Congratulations […]
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Amazon’s Climate Change Plan Is Terrible News for Tesla
Seven months after electric truck start-up Rivian announced that it had raised $700 million in an investment round led by Amazon, the online retail giant has placed a massive order with the Michigan-based EV firm as part of its new climate change strategy. Tesla rival scores massive Amazon order According to a statement released by […]
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