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Lyft, Uber, Pinterest and Airbnb will be hot stocks — Wall Street is practically guaranteeing it Are you an investor who likes to get ahead of the curve? If yes, you need to know the trick that LUPA stocks (more on those later) are going to play on your FAANG …
Will Nasgovitz, who oversees about $1.3 billion in assets as the chief executive of Heartland Advisors, isn’t calling for a “full blown financial crisis,” but, with trillions in corporate debt coming due in the coming years, the industry veteran’s not exactly predicting smooth sailing in the stock market, either. “With …
Apple has been dethroned as the world’s most innovative company, according to Fast Company. The tech giant fell to No. 17 in Fast Company’s 50 most innovative companies in the world for 2019, after taking the top spot last year. “They didn’t really break new ground with their devices, and …
Amazon (NASDAQ: AMZN) recently announced its acquisition of Eero, a maker of mesh home routers that deploy multiple Wi-Fi access points to eliminate the “dead zones” of traditional routers. Eero launched its first mesh routers three years ago, and other major companies — including Alphabet’s Google, Samsung, and Netgear — …
HubSpot, Inc. (HUBS) today announced the pricing of an underwritten public offering of its shares of common stock for gross proceeds of approximately $300 million, before underwriting discounts and other estimated offering expenses. In addition, HubSpot has granted the underwriters a 30-day option to purchase approximately $45 million of additional …
As a part of its growing clout in the financial technology, or fintech, industry, Square Inc. (NYSE: SQ) launched a peer-to-peer (P2P) payment service in 2013 called Cash App. P2P payment apps allow consumers to pay for goods and services, pay bills, and transfer money to friends and family, all …
National debt for the first time passed $22 trillion this week — a big, scary number that really doesn’t pose much of a danger now but threatens to in the future. The collective IOU had been rising steadily for decades but took a sudden leap in the years after the …
Twilio stock fell in after-hours trading Tuesday as its 2019 profit outlook missed estimates, including the recent SendGrid acquisition. Twilio earnings for the fourth quarter, reported after the close, were in line as revenue beat analyst estimates. The maker of communications software said adjusted earnings were 4 cents a share, …
Blockbuster earnings, which until now have played a pivotal role in fueling the stock market’s multiyear over the past few years, could be a distant memory as corporate profits hit a wall. Mike Wilson, chief equity strategist at Morgan Stanley, on Monday downgraded S&P 500’s earnings-per-share growth target for the …
U.S. investors are once again paying attention to the dark clouds gathering over the global economy, with reason to fear that the next big storm could be as damaging as the downturn that accompanied the global financial crisis a decade ago. On a day when the S&P 500 SPX, -0.94% …
