Three months ago, Big Tech’s biggest names were caught up in a congressional hearing that was rigged by politicians for their business dominance, then paraded in front of Wall Street a day later to appease them for their financial dominance. Someone must have enjoyed it, because it is going to …
Read More »Tech giants risk a 2001-style valuation collapse, says colored sockgen strategist
Albert Edwards, a London-based provocative strategist for the French bank society Génrale, has been predicting for decades that the US and Western Europe will follow Japan into an era of deflation and ultrallo bond yields, which he calls the “Ice Age”. Even though some of his warnings about the stock …
Read More »The problem is closing the Qibi weight as mount
Qibi Holdings LLC is considering closing itself, according to people familiar with the matter, a move that points to a potential crash landing for a one-time high-end entertainment startup that raised capital 1.75 billion in capital. The streaming service has been plagued by problems since it began in April, facing …
Read More »Palantier Trades High in NYSE Debut
Alexander Carp, CEO of Palanter, is interviewed in 2019. Photo: Andrew Herrer / Bloomberg News September 30, 2020 at 2:08 pm and ET Palantier Technologies Inc. PLTR 51.38% The stock was trading at 10 dollars at the start of its trading on the New York Stock Exchange, which valued the …
Read More »Piloton compares to Netflix and Amazon in the way that demand is booming
Peloton is excited about the growth potential for its Connected Fitness offering fur, which gives .ex access to virtual workouts. Peloton Investors have recently expressed little concern about whether popular “stay-some-home” companies will be able to maintain their momentum, but analysts are optimistic about the prospect of moving to Piloton …
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