That lofty valuation makes Chime the most valuable American fintech start-up serving retail consumers.
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Stock picking has a terrible track record and it’s getting worse
The vast majority of active managers underperform their risk-adjusted benchmarks. How come so few fund managers beat the market?
Shares of furniture retailer Herman Miller soar 33% as home office sales surge
Herman Miller reported fiscal first quarter earnings per share of $1.24, blowing past the earnings of 26 cents per share expected by Wall Street, according to Refinitiv.
Snowflake’s first-day pop means IPO left $3.8 billion on the table, the most in 12 years
Critics of the IPO process say that’s capital that could have otherwise been invested by Snowflake in the business.
Cramer to investors: If Congress approves a stimulus bill, ‚you can’t be out of this market‘
„If we get a stimulus package and you’re out of the market, you will feel awful,“ CNBC’s Jim Cramer said on Thursday.
Chime is now worth $14.5 billion, surging past Robinhood as the most valuable US consumer fintech
That lofty valuation makes Chime the most valuable American fintech start-up serving retail consumers.
Stock picking has a terrible track record and it’s getting worse
The vast majority of active managers underperform their risk-adjusted benchmarks. How come so few fund managers beat the market?
Stocks making the biggest moves in the premarket: Oracle, Tesla, Home Depot, Beyond Meat & more
These are the stocks posting the largest moves in the premarket, including Oracle, Tesla, Home Depot, Beyond Meat, and more.
U.S.-China investment flows hit their lowest in 9 years as companies feel the pressure to pull out
The decline continues a trend of the last three years, reversing a flurry of mergers and acquisitions by Chinese conglomerates in the U.S. that included purchases such as the Waldorf Astoria in New York.
CaixaBank and Bankia to merge, creating Spain’s largest bank
The newly created lender, which will keep the CaixaBank brand, will have assets of more than 664 billion euros, the companies said.