The clock appears to be ticking on the days in which technology companies losing billions of dollars are valued at tens of billions in the public market. That realization may be forcing the hand of today’s unicorns—for better or for worse.
On Thursday, lodging company Airbnb confirmed plans to go public next year. The timing of that announcement—coming the same week WeWork parent We Co. postponed its own public offering—was telling.
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5 things to know before the stock market opens ThursdayThe Fed cut interest rates by a quarter point, but it also reaffirmed its rate cut was meant to serve as insurance for the economy. Do not put any faith or trust in Fed Chairman Powell. Stocks are poised for a major Bull Run. Gold little changed after Fed outlook disappoints Nodaddynonotnow ‼️
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Billionaire investor on Elizabeth Warren as president: Market might not even open“The Democratic Party seems to be leaning towards the left on policies, which is very harmful for the economy. I don’t like the shift to the left,” he... Nice. You are all making me more convinced that I should vote for Warren. If he's right just consider it a sale on S&P 500 :) ComfortablySmug
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