The valuations for both companies have come in below expectations, reflecting a cautious outlook on Wall Street as firms start to go public again after a fallow patch.
Category: Stocks and Bonds
-
A Sudden Bond Binge on Wall St. Reflects Rising Optimism
The rush by companies to borrow comes as fears of a potential recession recede and executives expect interest rates to remain high.
-
‘Dumb Money’ Lampoons Wall Street Titans With a Knowing Eye
The film tells the story about the stock market frenzy over the video game retailer GameStop. It was financed and produced by the son of a Wall Street superpower.
-
Apple’s Stock Falls on Reports of a Chinese Government iPhone Ban
Shares in the tech giant fell on Wednesday following reports that Beijing would bar government workers from using the device.
-
WeWork Declares Intent to Renegotiate Almost All Leases
A month after saying its continued existence was in doubt, the co-working company says it expects to “exit unfit and underperforming locations.”
-
$100 Oil? What a Price Spike Could Mean for the Global Economy
Analysts see Brent crude climbing to levels last seen in the first months of the Ukraine war after Saudi Arabia and Russia extended production cuts.
-
China’s Biggest Homebuilder Fights to Survive as Economic Crisis Deepens
Once considered a survivor of China’s real estate turmoil, Country Garden is now at the center of the crisis and threatens the broader economy.
-
Laszlo Birinyi, Leading Stock Picker and Market Forecaster, Dies at 79
His investment strategy, which tracked the flow of money, won him a reputation for prescience in the 1990s.
-
Why the Stock Market’s Summer Doldrums Are Not a Problem
After a fierce rally largely propelled by a handful of tech stocks, the market’s rapid climb stalled in August. That setback could ultimately be a good thing, our columnist says.
-
Why the Stock Market’s Summer Doldrums Are Not a Problem
After a fierce rally largely propelled by a handful of tech stocks, the market’s rapid climb stalled in August. That setback could ultimately be a good thing, our columnist says.
-
Giannis Antetokounmpo’s Future in Milwaukee Is Uncertain
The N.B.A. superstar has grand ambitions, as a businessman and basketball player. “I don’t want to be 20 years on the same team and don’t win another championship,” he said.
-
China’s Property Crisis: Why It’s So Hard for Beijing to Fix
Beijing has often addressed economic troubles by boosting spending on infrastructure and real estate, but now heavy debt loads make that a hard playbook to follow.