Why Stripe Is Raising Money at a Lower Valuation

Why Stripe Is Raising Money at a Lower Valuation

Stripe’s plan to raise billions at a lower valuation underlines the challenges facing start-ups seeking money as the market for initial public offerings stays shut.
Tesla Bulls Take Heart From Strong Profits

Tesla Bulls Take Heart From Strong Profits

Shares in the electric carmaker continued to rally after the company reported strong profits, even amid growing competition and economic pressures.