Four major technology companies potentially eyeing an IPO in 2018 include Spotify, Lyft, Airbnb, and WeWork. Reuter's BreakingViews Global Editor Rob Cox shares why these companies are poised for further disruption in their marketplaces.
"FAANG" is considered the stock market theme of 2017 says Cox. But "SLAW" is considered the next generation of large start-up disruptive companies. The acronym stands for Spotify, Lyft, Airbnb, and WeWork. If and when Lyft enters the public market, it will be the first time we get a glympse into the public play of transportation as a service says Cox.
Cox also shares his predictions for which city will be chosen as Amazon's second headquarters. "Amazon fundamentally could transform a city," says Cox. Choosing a city in need could help Amazon win public approval.
Apple says a Justice Department antitrust lawsuit accusing it of engineering an illegal monopoly in smartphones in the U.S. is “wrong on the facts and the law.”
As Reddit shares begin trading at the NYSE, ‘Einstein of Wall Street’ Peter Tuchman breaks down the social platform’s debut and what it means for the overall IPO market in 2024.
CEO and co-founder of Alix, Alexandra Mysoor, discusses why it’s so important for everyone, regardless of income, to both plan and settle their estates.
After the Fed forecast three cuts to come in 2024, Kevin D. Mahn, President and CIO at Hennion & Walsh Asset Management breaks down why the market looks strong, and he sees some reasons for concern in Reddit’s choice to IPO.
Federal Reserve officials signaled that they still expect to cut their key interest rate three times in 2024 despite signs that inflation was surprisingly high at the start of the year.