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After IBM-Red Hat, cloud companies such as Workday, Okta, MongoDB could be next, analysts saySome technology stocks were up Monday following speculation they could be bought in light of IBM's Red Hat deal.
Source: CNBC - 🏆 12. / 72 Read more »
IBM CEO Rometty buys $3 million in company stockThe stock purchases come just one week after IBM announced a $34 billion proposed acquisition of Red Hat. This must be against the law? Or as we know in 2008 there are no laws for the rich only the middle class if there is one anymore! You mean Red Hat stock. (That is what IBM has become) Isn’t that kinda like insider trading?
Source: CNBC - 🏆 12. / 72 Read more »
This company may be first big Chinese IPO of 2019: 5 things to knowFutu Holdings Ltd., a Hong Kong-based, online brokerage that is backed by Chinese internet giant Tencent Holdings Ltd., is expected to be one of the first big Asian initial public offerings of 2019.
Source: MarketWatch - 🏆 3. / 97 Read more »
Verizon's CEO just walked back on the company's original premise for buying YahooVerizon CEO Hans Vestberg says the telecom company's media unit will have to make money without leveraging data from the company's wireless and wireline subscribers.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Uber CEO Says Market Turmoil Won’t Derail IPO PlansUber was internally on track to list this year, Dara Khosrowshahi said, having previously said he expected to seek a debut in the second half of 2019 in what would be one of the biggest public offerings planned for the year. TSA by day. Uber and Dog Walkers at night. TSA and Border Patrol were being arrested long before the shutdown with hundreds of them failing at their job before they were scrambling to pay their bills. What happens now? In this context, the use of the word 'lure' is so significant. This is a man trying to get rich by creating something that will pay millions of people next to nothing. Jeff Bezos on wheels. So these guys are there praying and chanting for a recession ?
Source: WSJ - 🏆 98. / 63 Read more »
Macroeconomic conditions are pushing companies toward IPOs, says Cavu founderIs now the time for companies to file for an IPO? 'If I were a banker I would be advising all of these unicorns that if there is a liquidity path in the next year or two on the horizon, why not file privately?' Cavu co-founder Brett Thomas said.
Source: CNBC - 🏆 12. / 72 Read more »
Workday shares surge on cloud software company's third-quarter earnings reportWorkday surged as much as 10 percent in extended trading on Thursday after beating revenue and earnings estimates in it fiscal third quarter and raising guidance. RonaldTimothyJ5 RonaldTimothyJ7:DeptofDefense commander Ronald Timothy Jones CEO of Google & Microsoft Azures wins the Supreme Court Case $480 million dollars military Contracts for Ronald Jones
Source: CNBC - 🏆 12. / 72 Read more »