Wall Street Today: Record stock sales from money-losing firms ring the alarm bells
Record stock sales from money-losing firms ring the alarm bells
Since the end of March, almost 100 unprofitable companies, including GameStop Corp. and AMC Entertainment Holdings Inc., have raised money through secondary offerings, twice as many as coming from profitable firms, according to data compiled by Bloomberg.
During the past 12 months, almost 750 money-losing firms have sold shares in the secondary market, exceeding those that make profits by the biggest margin since at least 1982, data compiled by Sundial Capital Research show.
In fact, the previous two periods in which unprofitable firms dominated the pool of equity offerings, the S&P 500 Index was either at the start of a bear market, or already in one.
The IPO market has never been hotter than it is right now
In fact, the previous two periods in which unprofitable firms dominated the pool of equity offerings, the S&P 500 Index was either at the start of a bear market, or already in one.
The IPO market has never been hotter than it is right now
An all-time high of almost $350 billion has been raised in initial public offerings in the first six months of this year, according to data compiled by Bloomberg, surpassing the previous peak of $282 billion from the second half of 2020 and enriching entrepreneurs and bankers alike.
The boom has been fueled by a torrent of cash that central banks have pumped into the economy and the rise of individual investors, who are eager to buy a piece of their favorite companies.
Amazon, Google probed in U.K. over fake reviews
The boom has been fueled by a torrent of cash that central banks have pumped into the economy and the rise of individual investors, who are eager to buy a piece of their favorite companies.
Amazon, Google probed in U.K. over fake reviews
The U.K.’s antitrust regulator launched an investigation into whether $Amazon(AMZN.US$ and $Alphabet-C(GOOG.US$ are doing enough to crack down on fake reviews, adding a new layer to regulatory scrutiny of U.S. tech giants.
The Apple-Microsoft tech war reignites for a new era
On Thursday, $Microsoft(MSFT.US$ Chief Executive Officer Satya Nadella launched Windows 11 with what was widely seen as a swipe at $Apple(AAPL.US$ and the controls it wields over its iPhone App Store, but without mentioning the rival directly. Both companies are positioning themselves for an impending battle over the augmented and virtual reality market that is seen as the next major frontier in computing.
Top strategist opens her playbook for the year’s second half, sees market turbulence ahead
On Thursday, $Microsoft(MSFT.US$ Chief Executive Officer Satya Nadella launched Windows 11 with what was widely seen as a swipe at $Apple(AAPL.US$ and the controls it wields over its iPhone App Store, but without mentioning the rival directly. Both companies are positioning themselves for an impending battle over the augmented and virtual reality market that is seen as the next major frontier in computing.
Top strategist opens her playbook for the year’s second half, sees market turbulence ahead
Wilmington Trust’s Meghan Shue is opening her playbook for the year’s second half — which starts Thursday.
Her strategy includes an overexposure to cyclicals, and she favors financials, energy, commodities, materials and industrials.
Shue is optimistic on the broader market, but she also predicts turbulence ahead.
Chinese companies sign up for Euro 2020 soccer sponsorships in a bid to go global
Chinese brands like Hisense and Alibaba-affiliate Alipay are sponsors for this year’s Euro 2020 soccer championship.
Chinese video streaming platform iQiyi is trying to reach the local market with the online broadcasting rights to Euro 2020.
Her strategy includes an overexposure to cyclicals, and she favors financials, energy, commodities, materials and industrials.
Shue is optimistic on the broader market, but she also predicts turbulence ahead.
Chinese companies sign up for Euro 2020 soccer sponsorships in a bid to go global
Chinese brands like Hisense and Alibaba-affiliate Alipay are sponsors for this year’s Euro 2020 soccer championship.
Chinese video streaming platform iQiyi is trying to reach the local market with the online broadcasting rights to Euro 2020.
TSMC tie-up puts spotlight on Japan’s hidden chip champions
Japan’s concentration of the technology needed to stack chip layers has drawn the world’s biggest contract chipmaker, $Taiwan Semiconductor(TSM.US$, into a new research and development centre in the country. TSMC will partner with some of the country’s top semiconductor industry players, including chip packaging provider Ibiden, materials supplier JSR and cutting device maker Disco.
Japan’s concentration of the technology needed to stack chip layers has drawn the world’s biggest contract chipmaker, $Taiwan Semiconductor(TSM.US$, into a new research and development centre in the country. TSMC will partner with some of the country’s top semiconductor industry players, including chip packaging provider Ibiden, materials supplier JSR and cutting device maker Disco.
Ark fans breathe sighs of relief as Cathie Wood mounts comeback
It was a rough few months, but Ark Investment Management’s Cathie Wood is back.
It was a rough few months, but Ark Investment Management’s Cathie Wood is back.
Inflows are picking up, the firm’s pile of assets under management is growing once again, and her flagship fund has gained 26% since its May low.
Now the question is, can she keep it going?
$ARK ETFs(BK2551.US$
$S&P 500 Index(.SPX.US$ $Dow Jones Industrial Average(.DJI.US$ $Nasdaq Composite Index(.IXIC.US$
Now the question is, can she keep it going?
$ARK ETFs(BK2551.US$
$S&P 500 Index(.SPX.US$ $Dow Jones Industrial Average(.DJI.US$ $Nasdaq Composite Index(.IXIC.US$
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AxThePro : Good to read.
AppleMango : Nice article to read
Moomoo Recap US OP : In fact, the previous two periods in which unprofitable firms dominated the pool of equity offerings, the S&P 500 Index was either at the start of a bear market, or already in one.
福cydy :
rtyf :
Machiavellis3rdEye Moomoo Recap US OP : Why did you need to repeat this in a separate post moo moo?