Patreon Inc., an online platform that connects musicians and other creators with fans, was valued at $ 4 billion in its latest investment round, more than triple its value since September, as …
Read More »Coinbase earned more in the first quarter than in all of 2020
Coinbase Global Inc. profited handsomely from bitcoin’s first-quarter rally, generating more profit and revenue in the first three months of 2021 than in all of 2020. The company, which offers a variety …
Read More »Elon’s Brother Kimbal Musk Pockets Over $ 7 Million From Tesla Stock Trading
Kimbal Musk, Elon’s younger brother, made more than $ 7 million trading shares of Tesla Inc., as he acquired shares through options and sold them on the same day at an average …
Read More »GameStop to sell shares after social media-fueled trading frenzy
GameStop Corp. said it could raise hundreds of millions of dollars from the sale of shares in the coming months as the video game retailer turns to public markets to help support …
Read More »Small Business Owners Feel the Weight of Personal Debt Guarantees
The pressure is tightening for American restaurant, gym and other small business owners trying to hold out until the economy fully reopens. And unlike most large companies, the burden is often deeply …
Read More »US Treasury Yields Rise After Strong Jobs Report
US government bond yields rose after new data showed a big jump in hiring in March, giving investors more reason to be optimistic about the economic outlook. The yield on the benchmark …
Read More »Payday could be coming for US bank investors.
It’s getting closer to business as usual for the largest banks in the US when it comes to payments to shareholders. The Federal Reserve is now poised to end the special restrictions …
Read More »ThredUp Shares Jump 30% On Market Debut
Shares in ThredUp Inc. opened 30% above the trading price on its market debut on Friday, an early sign that investors continue to be bullish on online second-hand retail. Shares of the …
Read More »WeWork accepts a SPAC agreement that would make the startup public
WeWork has agreed to merge with a special-purpose procurement company, according to people familiar with the matter, in a deal that would go public with the shared office provider nearly two years …
Read More »ViacomCBS shares fell 23%. Why Major S&P 500 Stocks Plunged From The Pandemic.
Text size ViacomCBS headquarters in Midtown Manhattan. Mark Kauzlarich / Bloomberg Sometimes it doesn’t take much to cool down a red-hot action once its momentum is depleted. That seems to be the …
Read More »