Text size Andrew Harrer / Bloomberg Robinhood Markets announced on Monday that it had raised $ 200 million from D1 Capital Partners, raising the company’s valuation to $ 11.2 billion from $ 8.6 billion just last month. It is Robinhood’s third funding round of 2020, and comes after the online …
Read More »ICE borrows $ 6.5 billion to expand its footprint of the mortgage sector
A house for sale in Pittsburgh United Press Intercontinental Exchange Inc., the owner of the New York Stock Exchange, left $ 6.5 billion in corporate branding Monday to help expand its footprint in the U.S. mortgage sector. That’s more than half of the $ 11 billion that ICE ICE, + …
Read More »Sanofi Buys Principia for $ 3.7 billion. Both front runs.
Text size Sanofi is limiting its focus on drug development, stopping its diabetes and cardiovascular research. Joel Saget / AFP via Getty Images French pharmaceutical giant Sanofi is digging into the cash it raised earlier this year with the sale of its $ 11.7 billion stake in Regeneron Pharmaceuticals, the …
Read More »Investor whose winning stock market returned amid coronavirus above 4.100% says ‘we are in a boom-and-bust cycle, an epic, monumental boom-bust cycle’
“ “We’re in a boom-and-bust cycle, an epic, monumental boom-bust cycle and this is really what a strategy like Universa’s is here for.” ” – Mark Spitznagel Mark Spitznagel, founder of Universa Investments, told CNBC during a Monday interview why he thinks market participants should apply a modicum of caution …
Read More »Dow futures inch higher as Wall Street investors seek fresh stock market spark
US stock market futures index near the flatline on Monday, with the S&P 500 index set to open near record highs, but finding few reasons to trade higher amid a congressional speech on fresh incentives to help hurt Americans and businesses by of coronavirus-pandemic. How do big indices work? Futures …
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