Markets

Activist Investor Pushes eBay To Unload Online Classifieds
Activist Investor Pushes eBay To Unload Online Classifieds
February 04, 2020  |  Business

Apparently it’s a bad day when Starboard Value sends you a letter. The activist investor group is well known for impatience and the dramatic demands...

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Alphabet Market Cap Hits $1T
Alphabet Market Cap Hits $1T
January 16, 2020  |  Google

Google’s parent company Alphabet is the fourth U.S. tech firm to reach $1 trillion market value, joining Apple, Amazon and Microsoft in hitting the milestone,...

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Tech Gains Boost Nasdaq To Record High
Tech Gains Boost Nasdaq To Record High
December 26, 2019  |  Markets

In an historic day, fueled by gains in tech shares, the Nasdaq Composite Index moved past 9,000 for the first time, Bloomberg reported. The new...

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RH Shares Soar After Berkshire Hathaway Stake Revealed
RH Shares Soar After Berkshire Hathaway Stake Revealed
November 15, 2019  |  Markets

A filing with the Securities and Exchange Commission revealed that Berkshire Hathaway now owns 1.2 million shares of furniture retailer RH, formerly known as Restoration...

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The Lockup Unicorn Lockstep Of Uber And Post-IPO Peers
The Lockup Unicorn Lockstep Of Uber And Post-IPO Peers
November 08, 2019  |  Markets

When it comes to lockups — look down. That’s the general trend of stocks after an initial public offering (IPO) when insiders are freed up...

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Researchers Say Bitcoin’s Spike Was Triggered By Tether
Researchers Say Bitcoin’s Spike Was Triggered By Tether
November 04, 2019  |  Cryptocurrency

Hook, line and sinker, amid bulls and whales. The days of bitcoin at $20,000 seem long ago and far away. That was nearly two years...

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Amazon Prioritizes Equal Pay, Fraud Prevention And Data Privacy
Amazon Prioritizes Equal Pay, Fraud Prevention And Data Privacy
October 13, 2019  |  Amazon

Online retail giant Amazon says it will launch into new markets amid an uncertain sea of controversies and regulations, CNBC reported on Friday (Oct. 13)....

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Lessons Learned — Or Not — From WeWork’s Whirlwind
Lessons Learned — Or Not — From WeWork’s Whirlwind
September 25, 2019  |  Business

Is this the week of the CEO step-down? WeWork, Juul and eBay have all announced the departures of the chiefs at their respective helms. Every...

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BofAML: Apple App Store Revenue Accelerates Slightly
BofAML: Apple App Store Revenue Accelerates Slightly
July 19, 2019  |  Apple

Apple’s App Store revenue exhibited a bit of acceleration in the third quarter, Bank of America Merrill Lynch (BofAML) said. The bank indicated that, according to...

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