Business News

May 3, 2022

Elon Musk’s offer to buy Twitter accepted

Stephen Masters

The board of Twitter has accepted the world's richest billionaire's bid to buy the company and take it private. This deal will give control of the social media network to Musk, who is one of its most influential users. The total sale price of just under $44 billion would conclude the...

May 4, 2022

Better.com IPO

Stephen Masters

Valuation ~$7.7 Billion. When is the better.com IPO? A. Mid-2022! While mortgage rates were low, housing demand remained high through the pandemic, and Americans reconsidered their work-life balance, buying homes in record numbers; Better.com first considered going public, but this wa...

May 5, 2022

The Top 10 upcoming IPOs

Stephen Masters

IPOs have received some impressive valuations lately, and we have quite a few companies that are slated to go public this year. Let’s take a look at the most anticipated IPOs to come. #10 Better.com Valuation ~$7.7 billion Expected IPO in Mid-2022 Facilitating home financing has been a good ...

May 5, 2022

Will Kinder Ferrero survive the salmonella scandal?

Antonio Alagna

On April 7th, Ferrero was accused by the French authorities of having caused a major outbreak of salmonellosis in several countries, such as France, Belgium, and the UK. Can Ferrero survive this scandal? How will it affect its brand and reputation in the short and long term? What is Salmonella? Sa...

May 5, 2022

Will Reddit IPO in 2022?

Stephen Masters

Valuation $13-15 billion Expected IPO in early 2022 Reddit, the information-sharing site, is likely to IPO soon. After an August 2021 capital raise of $400 million, Reddit's valuation rose to $10 billion. Its community of various interests is expected to push the price higher. Reddit is several thin...

March 19, 2022

Key upcoming events that may influence the equity markets.

Lucien Paulemil

Several things on the horizon can affect your portfolio. A few of them have known deadlines, and another is an ongoing issue that will need attention. These are the top three for this year. The 2022 budget These don't always happen, but they usually do, and it does not matter whether there is a c...

March 23, 2022

Top 5 European stocks to buy right now

Lucien Paulemil

Europe is facing a myriad of significant challenges, With inflation at record highs... Europe is facing a myriad of significant challenges. With inflation at record highs, the European Central Bank is under tremendous pressure to increase interest rates to protect consumers’ purchasing p...

April 2, 2022

What happened to Jack Ma’s Ant Group IPO?

Lucien Paulemil

In 2020, Jack Ma’s financial services company Ant Group – the fintech subsidiary of his ecommerce empire Alibaba – was preparing a blockbuster $37 billion dual-listed IPO in Shanghai and Hong Kong. Investors worldwide eagerly anticipated the listing as the company’s...

April 2, 2022

What happened to Rivian Automotive since its IPO?

Lucien Paulemil

In November 2021, electric vehicle maker Rivian Automotive raised $12 billion by issuing 153 million shares priced at $78 each on the US markets. At the time, the company's valuation exceeded $66 billion. The IPO proved popular, and the stock price surged to $100 per share on the...

April 2, 2022

Is Warren Buffett selling stock?

Lucien Paulemil

Warren Buffett is one of the most successful investors of all time. His holding company Berkshire Hathaway owns and holds stakes in dozens of companies, including GEICO, Duracell, Dairy Queen, Coca-Cola, Apple, Bank of America, and American Express, among others. Every quarter, Berkshire publishes a...

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