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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Thanks to Skiing, It’s All Uphill for Santa Fe’s Luxury-Home MarketReal-estate agents say Santa’s Fe’s skiing helps boost luxury-home prices by making it a year-round destination, not just a place for Texans to escape the summer heat Hang on a mo. I am quite sure a few years back you were promoting the co2 scam and saying there would be no more snow !!!!!!!! 'I’m glad I don’t have stock in ski areas.'
Source: WSJ - 🏆 98. / 63 Read more »
U.S. bankers seize on repo-market stress to push for softer liquidity rulesBig U.S. banks are using the recent chaos in short-term funding markets as an op... captain of titanic organizes committee to lobby government for fewer lifeboats, sez he hopes their work can be concluded before his rapidly sinking ship slips beneath the waves. Very interesting. Any take on how this can effect mortgage interest rates? Softer liquidity rules help spur the great recession onward.
Source: Reuters - 🏆 2. / 97 Read more »
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 ‼️
Source: CNBC - 🏆 12. / 72 Read more »
U.S. labor market remains strong, manufacturing still weakThe number of Americans filing applications for unemployment increased less than... Turn back Regulations favoring Big Business and let the little guys jump in to create jobs by competing with government protected business... Maybe 5 cents for every news like this.
Source: Reuters - 🏆 2. / 97 Read more »
AR-15: Colt suspends production of guns for civilian marketThey just can't say 'our rifles are overpriced and we can't compete.' Publicly Define: Oversaturated. I won’t buy colt then. Colt anything. ColtFirearms lost me.
Source: USATODAY - 🏆 100. / 63 Read more »
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
Source: MarketWatch - 🏆 3. / 97 Read more »