With stocks looking like they're taking another dive down this year, it might be a good time to consider one of the few remaining areas that's still growing -- the cloud. Cloud revenue, that is, not cloud stocks. Cloud stocks are down across the board...
Continue Reading(Bloomberg) -- Rakuten Group Inc. has chosen Goldman Sachs Group Inc. and Daiwa Securities Group Inc. as lead managers for its banking unit’s initial public offering, people familiar with the matter said, as the online retailer chases fintech growth to counter mounting losses.Most Read from BloombergHome-Flipper Opendoor Hit With Losses in Echo of Zillow CollapseTycoon's Wild $3 Billion Gamble on ‘China's LVMH’ CrashesFed Set to Reveal ‘Pain’ Coming in Next Stage of Inflation Fight‘Mute Your Pho...
Continue ReadingInvestors have done very well buying QQQ after it has entered every bear market since 2009. Read more to find out if this is still a wise strategy...
Continue ReadingSPACs. Crypto. NFTs. IPOs. It's time to add yet another item to the list of hot business trends from 2021 that have all but died out through the.....
Continue Reading(Bloomberg) -- Twitch will ban controversial crypto gambling livestreams after backlash against recent multi-million-dollar sponsorship deals enjoyed by top Twitch personalities.Most Read from BloombergHome-Flipper Opendoor Hit With Losses in Echo of Zillow CollapseSouthwest Mexico Struck by 7.5 Magnitude Earthquake, Buildings Sway in CapitalTycoon's Wild $3 Billion Gamble on ‘China's LVMH’ CrashesMark Zuckerberg’s $71 Billion Wealth Wipeout Puts Focus on Meta’s WoesFrustrated and Snubbed, Putin...
Continue ReadingA Wall Street analyst cited growing competition from another e-commerce powerhouse, but his view is short-sighted...
Continue ReadingAmazon (AMZN) closed the most recent trading day at $122.19, moving -1.98% from the previous trading session...
Continue ReadingShares of leading large-cap growth tech stocks Nvidia (NASDAQ: NVDA), Amazon (NASDAQ: AMZN), and Salesforce.com (NYSE: CRM) all fell today, with each down nearly 3% in intraday trading, before recovering to losses between 1% and 2% as of 3:50 PM EDT. Technology growth stocks that trade at relatively high multiples have been some of the worst-hit names this year, as the Federal Reserve raises interest rates in a bid to tame inflation...
Continue Reading(Bloomberg) -- World leaders got a chance to mingle in person as the United Nations General Assembly kicked off this week with the war in Ukraine taking yet another critical turn. Most Read from BloombergHome-Flipper Opendoor Hit With Losses in Echo of Zillow CollapseSouthwest Mexico Struck by 7.5 Magnitude Earthquake, Buildings Sway in CapitalMark Zuckerberg’s $71 Billion Wealth Wipeout Puts Focus on Meta’s WoesTycoon's Wild $3 Billion Gamble on ‘China's LVMH’ CrashesFrustrated and Snubbed, Put...
Continue ReadingThe Metropolitan Washington Airports Authority has selected a slew of new retailers for National and Dulles...
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