IPO investors, much like retail shoppers in recent years’ inflationary environment, are demanding clear discounts and demonstrating sensitivity to price and valuations, according to Renaissance Capital. The provider of IPO exchange-traded funds and institutional research said that’s a positive — even if tech unicorns in the pipeline would prefer it…
“ The U.S. needs to pay for the structural increases in spending that demographics, climate change and intra- and intergenerational fairness will require. ” Now that the brinkmanship over the U.S. federal debt limit has been suspended until January 1, 2025, two major, interdependent fiscal-policy challenges demand attention. First, America’s public…
There are currently four scenarios for the global economic outlook. Three of these entail potentially serious risks with far-reaching implications for markets.The most positive is a “soft landing,” where central banks in the advanced economies manage to bring inflation back down to their 2% targets without triggering a recession. There…
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Do devout Christians have to work on Sundays? Will businesses have to make greater accommodations for devout Jewish or Muslim workers? The Supreme Court’s decision on Thursday stands to, for the first time in a haf-century, dramatically reshape federal rules that govern how employers must treat religious employees. In Groff…
U.S. stocks finished higher on Thursday with cyclical sectors like financials, materials and industrials seeing the strongest gains, while higher Treasury yields dragged on the tech-heavy Nasdaq. What happened Dow Jones Industrial Average DJIA gained 269.76 points, or 0.8%, to close at 34,122.42. S&P 500 SPX gained 19.58 points, or…
Niantic Inc., the company that created the popular “Pokemon Go” game, announced 230 layoffs Thursday, joining the list of tech companies making head-count reductions. In an email to employees that was posted on the company’s website, CEO John Hanke said that Niantic had allowed its expenses to grow faster than…
*Sponsored by IA Media LLC, see disclosures below It’s been a while since I saw an opportunity like we have with Trio Petroleum (TPET). As I mentioned yesterday, this tiny $1 oil stock – that had a recent IPO much higher than current levels – appears to be an…
Cryptocurrencies can become “regular parts of people’s portfolios” once regulations become clear in the U.S., according to Franklin Templeton, which manages over $1.4 trillion in assets. While investors now can buy crypto directly, there are limited ways for them to include digital assets in traditional portfolios, said Sandy Kaul, head…
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