Benchmark general partner Bill Gurley called on Silicon Valley's "unicorn" start-ups to grow up, get profitable or go public.
The House of Representatives took important steps on Thursday toward the biggest U.S. tax-code overhaul since the 1980s, approving a broad package of cuts, while a Senate panel advanced its own version of the legislation. "The market is still kind of nervous with respect to the tax bill moving
Shares of Stitch Fix, an online clothing styling service, jumped 12 percent in their stock market debut Friday. But the company sold fewer shares and at a lower price than it previously expected, a sign ...
BARCELONA/LONDON (Reuters) - Vivendi's Universal Music Group (UMG) could be worth more than $40 billion (£30.3 billion), Chief Executive Arnaud de Puyfontaine said on Friday, helping to buoy shares in the French media group after third-quarter results in which UMG was a highlight. Vivendi has floated
The S&P 500 fell three points or 0.13% as of 10:23 AM ET (3:23 PM GMT) while the Dow composite slumped 47 points or 0.20%. Tech heavy NASDAQ Composite inched down five points or 0.08%.
Investors have been locking in profits, shrugging off continued strength in economic data as euro zone earnings growth slowed compared to the previous quarters and caution rose over whether a stock market rally could continue. Shares in Fresenius SE , Greene King , Just Eat , United Utilities and H
The latest on developments in financial markets (All times local): 11:45 a.m. Stocks are moving mostly lower on Wall Street as the market pulls back after a big gain the day before. Technology stocks, ...
U.S. stock indexes are dipping Friday, a day after the market made its biggest gain in two months. Technology companies are returning some of their recent gains and banks are down along with interest rates. ...
A London High Court judge has ruled in favour of creditors in a dispute over whether United Arab Emirates energy company Dana Gas must repay $700 million (£529.6 million) of Islamic bonds. Dana Gas had said it was under no obligation to pay bondholders because of changes in Islamic finance, but Judge
Toshiba Corp will decide on Monday to raise some $5 billion (£3.7 billion) from overseas investors, allowing the troubled conglomerate to remain a publicly traded company even if the sale of a key business is delayed, two people with direct knowledge of the process said. Toshiba, reeling from the bankruptcy
Stitch Fix revised where it would price its IPO lower last night ahead of trading, and it looks like it helped approach the right sweet spot as a result when it made its debut today.
Hedge funds have been gobbling up shares of Royal Gold, Marathon Petroleum, and Antero Resources. Should you do the same?
London hedge fund giant Lansdowne Partners lost $100 million (£75.7 million) from a long-term bet against Glencore this year after the spectacular recovery of the miner took some by surprise. For Lansdowne, that bet had generated returns in 2014 and 2015, when Glencore more than other major miners
The U.S. House of Representatives approved on Thursday a package of tax cuts, while a Senate panel advanced its version of the legislation that has President Donald Trump's backing. "They're pricing out Trump's tax reform once again as a result of those two proposals in Congress that
Wall Street stocks fell early Friday, pausing after the prior session's rally as investors tried to suss out the prospects for President Donald Trump's tax cut plan. The House of Representatives, as expected ...
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Investing.com – U.S. futures pointed to a weak open on Friday after closing on a strong note on Thursday as investors digest a flurry of economic data and wait the latest batch of corporate earnings.
Gold investors have enough reasons to remain bullish about star performers of this earnings season: Goldcorp, Agnico-Eagle Mines, and Yamana Gold.
Investing.com - European markets opened mixed on Friday, as investors eyed an upcoming speech by European Central Bank President Mario Draghi due later in the day and as market sentiment mildly improved following an important step in a U.S. tax overhaul.
U.S. stock index futures pointed to a weaker open Friday, as investors geared up for the final cluster of data and corporate earnings for the week.