Co-working firm WeWork is on the brink of IPO, but it seems like We might have some problems. It seems that being a fast-growing tech company isn’t enough anymore; investors need a well-defined path to profitability as well. Which has been a real kicker for the likes of Uber, Lyft, and IPO-hopeful WeWork, none of […]

Tesla disclosed significant declines in quarterly profit and revenue in its latest earnings call on Tuesday, confirming some of investors’ worst fears. The new data, however, didn’t seem to have any impact on Tesla stock.

Goldman Sachs recently reported that a basket of stocks favoured by retail day traders had outperformed their hedge fund basket by nearly 20% when the coronavirus sell-off was at its worst. Retail day traders have helped fuel the market recovery from the March 23rd low, struck as fears over the economic impact of the Covid-19 […]

European stock markets trimmed some of their 2023 gains in early trade on Tuesday ahead of a speech by Fed chair Jay Powell, and in the wake of some fairly (though not extremely) hawkish comments from other Fed officials that left Wall Street with a mixed performance to start the week.

European stocks opened a shade lower on Friday morning as the major bourses look to close out a largely positive holiday-shortened trading week. The FTSE 100 is up around 3% this week after hitting its strongest since February 2020. It’s been a very good week for UK equities as the blue chips finally broke out to post-pandemic highs […]