Markets

Airbnb Drops Internal Valuation 16 Pct Amid Pandemic

Airbnb Drops Internal Valuation 16 Pct Amid Pandemic
Airbnb Drops Internal Valuation 16 Pct Amid Pandemic
April 03, 2020  |  Economy

Short-term rental site Airbnb has lowered its internal valuation to $26 billion, a 16 percent drop, as business continue to be hammered by lockdowns, Reuters...

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The Only Certainty Is Uncertainty As Retailers Halt Earnings Guidance
The Only Certainty Is Uncertainty As Retailers Halt Earnings Guidance
March 27, 2020  |  Retail

There is one certainty when it comes to investing: Wall Street hates uncertainty. You’ve seen that principle at work on days when markets plunged 10 percent....

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Robinhood Apologizes To Users For Outages, Offers Credit
Robinhood Apologizes To Users For Outages, Offers Credit
March 24, 2020  |  Markets

Trading startup Robinhood has apologized to its members for outages that occurred earlier in March during a historic market rally, according to a report by...

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Hedge Fund Manager Ray Dalio Posits $4T Fallout From COVID-19
Hedge Fund Manager Ray Dalio Posits $4T Fallout From COVID-19
March 19, 2020  |  Economy

Investor Ray Dalio, founder of the world’s largest hedge fund, Bridgewater Associates, told CNBC on Thursday (March 19) he estimates the coronavirus pandemic will cost...

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The Light At The End Of The COVID-19 Tunnel
The Light At The End Of The COVID-19 Tunnel
March 19, 2020  |  Economy

It is easy to get a little bit confused when one takes a step back and looks at the unfolding public reaction to the COVID-19...

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Virus, Swooning Markets Put Homebuilders On Shaky Foundation
Virus, Swooning Markets Put Homebuilders On Shaky Foundation
March 13, 2020  |  Economy

What will make homebuilders rally? At first glance, the news that low interest rates have gone, well, almost subterranean, should be wind under the sails...

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Robinhood Fizzles As Markets Gyrate
Robinhood Fizzles As Markets Gyrate
March 13, 2020  |  Exclusive Series

These are the times that try traders’ souls. Apparently, these are also the times that try trading platforms’ souls – by exposing vulnerabilities in their...

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Companies Shelve IPOs Rather Than Face Volatile Wall Street
Companies Shelve IPOs Rather Than Face Volatile Wall Street
March 11, 2020  |  IPO

We are in a period where 5 percent down days in equity markets — take your pick which market, in whatever country you like —...

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