The powerful yen short squeeze that has roiled the capital market this week has stalled today. It is the first day this week that the dollar has not fallen below the previous day’s low and...
Luckin Coffee is a Chinese coffee chain, founded in 2017, that had sold American Depositary Shares (ADS) to the US public in an IPO in May 2019, thereby extracting $561 million from US investors. Each...
WeWork was just late to the defenestration party. Everyone – including infamously me – has been trying to pinpoint the exact moment when the magnificent startup-unicorn-bubble broke, and I mean not just broke but imploded...
More than 100 firms have applied to list on the STAR market, which is expected to channel billions to the tech sector. China’s past failures at creating its own Nasdaq are prompting some investors to...
Nasdaq down 24% already. Renaissance IPO ETF down 31%. But Uber and other unicorns are planning record IPOs in 2019, à la dotcom-crash-debut in 2000. The IPO hype machine has produced some very successful companies...
Markets in the US have completed two bumper days of trading since politicians in Washington found a short-term solution to their budgetary impasse. Shares in Google helped lead the charge, closing at more than $1,000....
The NASDAQ stock exchange’s operators have said they will look into a glitch that halted Wall Street trading. The failure was something of an embarrassment for the index, which hosts some of technology’s biggest names....
Facebook shares went down by 16% on Friday, it was priced at $38 when listed in May. The result was in expectations, yet Facebook would beat the forecast not in a significant proportion but in...
