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February 26, 2020

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Virgin Galactic rally’s three drivers: UFO space ETF issuer

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by CNBC05
CNBC – For more and to sign up click here It’s no secret that Virgin Galactic has taken off. The skyrocketing space tourism stock has gained a whopping 199% year to date and nearly 310% in the last three months as speculative investors piled into the name, leading some to......
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CNBC Business

Atomico raises $820 million fund to back European start-ups

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by CNBC08
CNBC – For more and to sign up click here The partners of European venture capital firm Atomico. Atomico Atomico, the venture capital firm founded by Skype co-founder Niklas Zennstrom, has raised $820 million for a new fund — the biggest since it was set up by the billionaire in......
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CNBC Business

Why EBITDA earnings are used by so tech companies like Uber and Yelp

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by CNBC07
CNBC – For more and to sign up click here Warren Buffett (L), CEO of Berkshire Hathaway, and Vice Chairman Charlie Munger attend the 2019 annual shareholders meeting in Omaha, Nebraska, May 3, 2019. Johannes Eisele | AFP | Getty Images In Uber’s earnings report last week, the acronym EBITDA......
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T. Rowe Price’s investment in WeWork is their fault: Walter Isaacson

CNBC Real Estate
by CNBC Real Estate013
CNBC’s “Closing Bell” team discusses the problems plaguing WeWork with Walter Isaacson, advisory partner at Perella Weinberg and CNBC contributor, and Mike Isaac, technology reporter with The New York Times. CNBC – For more and to sign up click here...
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CNBC Business

SoftBank shares skyrocket after judge approves T-Mobile-Sprint merger

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by CNBC09
CNBC – For more and to sign up click here Masayoshi Son, chairman and chief executive officer of SoftBank Group Corp., reacts during a dialog session with Jack Ma, former chairman of Alibaba Group Holding Ltd., not pictured, at Tokyo Forum 2019 in Tokyo, Japan, on Friday, Dec. 6, 2019.......
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CNBC Business

Lyft Q4 2019 earnings

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by CNBC015
CNBC – For more and to sign up click here The Lyft logo is shown on the screen at the Nasdaq offices in Times Square on March 29, 2019 in New York. Don Emmert | AFP | Getty Images Lyft reported earnings for its fourth quarter of 2019 Tuesday that......
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CNBC Business

Judge denies Uber and Postmates’ request to halt California gig worker law

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by CNBC05
CNBC – For more and to sign up click here Justin Sullivan | Getty Images A U.S. judge on Monday rejected a request by Uber and courier services provider Postmates to block a California labor law from taking effect, saying the bill’s public benefits outweighed the companies’ concerns. U.S. District......
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CNBC Business

Twitter CEO Jack Dorsey San Francisco comments a warning sign

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by CNBC014
CNBC – For more and to sign up click here Jack Dorsey attends the cocktail party hosted by Chrome Hearts X Jordan Barrett at La Maison Du Caviar in Paris, France. Victor Boyko | Getty Images Entertainment | Getty Images When Twitter CEO Jack Dorsey told investors this week that......
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CNBC Business

Coronavirus knocks stocks from record highs

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by CNBC03
CNBC – For more and to sign up click here Traders work on the floor at the closing bell of the Dow Industrial Average at the New York Stock Exchange. Bryan R. Smith | AFP | Getty Images Dow Jones Industrial Average drops 277 points The Dow slid 277.26 points,......
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CNBC Business

Uber shares rise after company sets earlier profitability goal

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by CNBC011
CNBC – For more and to sign up click here Uber CEO Dara Khosrowshahi, third from left, attends the opening bell ceremony at the New York Stock Exchange, as his company makes its initial public offering, Friday, May 10, 2019. Richard Drew | AP Shares of Uber were up as......
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CNBC Business

Dow to snap 4-day winning streak, waiting on jobs report

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by CNBC09
CNBC – For more and to sign up click here Traders work on the floor of the New York Stock Exchange. Spencer Platt | Getty Images This is a live blog. Check back for updates. 8:24 am: Here are Friday’s biggest analyst calls of the day Credit Suisse downgraded Ford......
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CNBC Business

Uber, Canada Goose, Hanesbrands & more

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by CNBC09
CNBC – For more and to sign up click here Canada Goose (GOOS) – The outerwear maker reported better-than-expected profit and revenue for its fiscal third quarter, but also said the coronavirus outbreak is having a “material negative impact” during the current quarter. The company did add that no supply......
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CNBC Business

Travis Kalanick left $1.2 billion on table by dumping Uber

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by CNBC08
CNBC – For more and to sign up click here Former Uber Technologies CEO and co-founder Travis Kalanick walks on the floor of the New York Stock Exchange during the company’s IPO May 10, 2019. Andrew Kelly | Reuters Uber‘s former CEO Travis Kalanick went on a selling spree late......
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CNBC Business

Uber earnings Q4 2019

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by CNBC05
CNBC – For more and to sign up click here Uber stock rose in extended trading on Thursday after the company announced a fourth-quarter loss that was narrower than analysts had expected and moved its EBITDA profitability forecast forward. The company’s shares spiked as much as 10% after hours when......
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CNBC Business

Pinterest, Uber, eBay & more

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by CNBC06
CNBC – For more and to sign up click here Pinterest screen on a mobile phone Source: Pinterest Check out the companies making headlines after the bell: Pinterest — The online scrapbook company’s stock rose more than 17% in extended trading after it beat analysts’ estimates for fourth-quarter revenue and......
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CNBC Business

Peloton (PTON) earnings Q2 2020 shows widening net loss

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by CNBC07
CNBC – For more and to sign up click here A monitor displays Peloton Interactive Inc. signage during the company’s initial public offering (IPO) across from the Nasdaq MarketSite in New York, U.S., on Thursday, Sept. 26, 2019. Michael Nagle | Bloomberg | Getty Images Peloton shares plummeted as much......
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CNBC Business

Casper IPO reflects investor sentiment toward money-losing companies

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by CNBC08
CNBC – For more and to sign up click here A view of the Casper mattresses during Casper’s LA celebration at Blind Dragon on July 9, 2015 in West Hollywood, California. Rachel Murray | Getty Images Mattress firm Casper priced its initial public stock offering at $12 a share on......
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CNBC Business

Uber and Lyft riders of Asian descent face coronavirus panic

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by CNBC011
CNBC – For more and to sign up click here Masked health professionals check the driver of vehicle at a screening checkpoint on a highway toll station on the outskirts of Shanghai, China, on Tuesday, Jan. 28, 2020. Qilai Shen | Bloomberg | Getty Images Eric Han, who works in......
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CNBC Business

Chinese venture capitalists draw back Silicon Valley investments

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by CNBC011
CNBC – For more and to sign up click here Chinese President Xi Jinping (R) and US President Donald Trump attend their bilateral meeting on the sidelines of the G20 Summit in Osaka on June 29, 2019. Brendan Smialowski | AFP | Getty Images San Jose-based virtual reality start-up uSens......
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CNBC Business

Stocks stumble into February, one of the weakest months for stocks

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by CNBC012
CNBC – For more and to sign up click here Traders signal offers in the Standard & Poor’s 500 stock index options pit at the Chicago Board Options Exchange (CBOE) following the Federal Open Market Committee meeting on September 18, 2013 in Chicago, Illinois. Scott Olson As stocks enter the......
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