If waiting. Waiting for something? This is a difficult question. I have been hitting declining trading volumes for a few days now. Volume remains light. Access to trading volume on the Nasdaq was indeed thin on a new level on Monday. That’s while the Nasdaq Composite itself managed to reach …
Read More »Robinhood is now valued at $ 11.2 billion after last round of financing
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 »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 »Court overturns Tiffany verdict against Costco
A federal appeals court dismissed Tiffany’s on Monday (TIF) – Get report $ 21 million judgment against Costco Wholesale (COST) – Get report on the sale of the company of the warehouse association of generic rings of diamond engagement with the name “Tiffany” The Second U.S. Circuit Court of Appeals …
Read More »An investor whose fund returned 4.144% in the first quarter explains why tail risk strategies are too dangerous for the average trader – and calls ongoing Fed incentives ‘very, very destructive’
Bloomberg TV Mark Spitznagel, the boss of Universa Investments, saw its fund return 4.144% in the first quarter. He explained to CNBC on Monday why hedge risk hedging is generally a “costly and bad strategy”. Spitznagel warned investors at home against using the investment technique. Instead, he said, they should …
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