Focus Finance
After Deliveroo’s London Debacle: Is The IPO Market Showing Signs Of A Cooldown?
After the highly anticipated IPO of the UK-based Deliveroo (LSE: ROO) turned into a debacle, with shares plunging over 26% on the first...
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Focus Finance
Mar 31, 20211 min read
Biden Unveils $2 Trillion Infrastructure Bill And Tax Hikes
On Wednesday, the Biden Administration unveiled the major components of the president’s next major initiative: Infrastructure. The plan...
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Focus Finance
Mar 31, 20211 min read
Virgin Galactic Introduces Next-Generation Spaceship ‘VVS Imagine’
On Tuesday, commercial spaceflight specialist Virgin Galactic (NYSE:SPCE) revealed its latest fleet addition. The ‘VVS Imagine’ will be...
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Focus Finance
Mar 30, 20211 min read
Archegos Capital’s Mistakes Left Banks Scrambling And Stocks Tanking
The family office known as Archegos Capital Management made headlines over the weekend and going into Monday as the firm was forced to...
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Focus Finance
Mar 27, 20211 min read
WeWork To Go Public In A $9B SPAC Deal 2 Years After A Botched IPO
The commercial real estate provider WeWork is attempting to go public via a merger with the special acquisition company BowX Acquisition...
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Focus Finance
Mar 25, 20211 min read
TSMC Will Continue Supplying Intel Despite The Latter’s Plans To Compete
The Taiwanese semiconductor manufacturer TSMC (NYSE: TSM) has reportedly renewed its supplier relationship with Intel (NASDAQ: INTC) by...
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Focus Finance
Mar 24, 20211 min read
GameStop Tumbles 33% Amidst Earnings Miss And Possible Equity Sale
On Tuesday after the market closed, GameStop (NYSE: GME) published its fourth quarter results which missed analyst estimates on revenue...
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Focus Finance
Mar 23, 20211 min read
Jack Dorsey Sold His First Tweet For $2.9M In Booming NFT Market
Twitter (NASDAQ:TWTR) CEO Jack Dorsey has sold his first tweet for $2.9 million in the form of a Non-Fungible Token (NFT). The 2006...
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Focus Finance
Mar 22, 20211 min read
Turkish Lira Plunges After The Firing Of Its Central Bank Head
On Thursday, the Turkish Central Bank increased interest rates from 17% to 19%. The 200 bps increase was higher than expected but markets...
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Focus Finance
Mar 20, 20211 min read
Baidu And Bilibili To List In Hong Kong As Risk Of U.S. Delisting Persists
Recently, two US-listed Chinese corporations with combined market capitalizations of $130 Billion, Baidu (NASDAQ: BIDU) and Bilibili Inc...
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Focus Finance
Mar 19, 20211 min read
Is It Finally Time To “Fight The Fed” As Rates Continue To Rise?
On Thursday, the 10-year yield topped the 1.7% mark for the first time since January 2020 as the 30-year yield also rose sharply. Rising...
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Focus Finance
Mar 18, 20211 min read
Plug Power’s Accounting “Mistakes” Cause Shares To Plunge 8%
Plug Power (NASDAQ: PLUG), an American company developing hydrogen fuel technology, has skyrocketed up to 2,100% in the last year,...
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Focus Finance
Mar 17, 20211 min read
Volkswagen Jumps 11% On Plans To Outmaneuver Tesla In The EV Industry
The German car manufacturer Volkswagen (XETRA: VOW.DE) has laid out an ambitious plan to dispute Tesla’s (NASDAQ: TSLA) leading role in...
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Focus Finance
Mar 15, 20211 min read
Coursera Files To Go Public As Demand For Online Education Surges
Last week, the online learning platform, Coursera filed with the Securities & Exchange Commission to go public. Coursera is a...
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Focus Finance
Mar 13, 20211 min read
Ant Group CEO Simon Hu Steps Down Amid Regulatory Scrutiny
Ant Group CEO Simon Hu has resigned from his role due to “personal reasons,” according to a spokesperson of affiliated online retailer...
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Focus Finance
Mar 12, 20211 min read
Coupang Surges 81% On Biggest IPO Since Alibaba In 2014
The South Korean online retailer Coupang (CPNG) surged over 81% on it’s NYSE debut this Wednesday, temporarily valuing the company at...
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Focus Finance
Mar 11, 20211 min read
Roblox’s Highly-Anticipated $29B Direct Listing Debuts On Wednesday
Roblox is a California-based online games company founded in 2004 that allows users to play games created by other users. It has 164...
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Focus Finance
Mar 10, 20211 min read
Nasdaq Rallies 3.7% As Tech Stocks Rebound After Brief Correction
After sliding into correction territory, shares of technology companies rallied on Thursday, marking the biggest single day gain of the...
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Focus Finance
Mar 9, 20211 min read
Social Media Tracking ETF Backed By Barstool’s Portnoy Dips In Debut
On Thursday, VanEck Social Sentiment ETF (BUZZ) debuted on NYSE, backed by the founder of Barstool Sports, Dave Portony. The ETF includes...
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Focus Finance
Mar 5, 20211 min read
Nasdaq Composite Index Enters Correction Territory As Markets Slide
The Nasdaq Composite Index entered correction territory on Friday after a week filled with losses for high-flying tech stocks. Rising...
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