Year: 2020

An Airbnb IPO is coming to the markets. After multiple reports over the last year, the company confirmed it’s back on track to go public. And hopefully within the year.
But is Airbnb stock a good investment? Here’s what we know…
Airbnb IPO: The Business

CEO Brian Chesky founded AirBnb in 2008 with Joe Gebbia and Nathan Blecharcyzk. It’s an online vacation rental company based in San Franciso, California. The company works with local hosts to offer lodging and activities around the world. This allows locals to profit from hospitality while contributing to their local tourist economy.
According to the company site:

7 million listings
220+ …read more […]

With markets apparently in a sustained bull cycle, Wall Street’s analysts have been working hard to find the ‘right’ stocks – the stocks that investors can trust to keep bringing in returns. And those returns may be better than thought possible just a couple of short months ago; the S&P 500 has returned to its pre-crash levels, closing recently just hair’s breadth away from its all-time high.Diagnosing the market’s success from Canaccord, chief strategist Tony Dwyer sees record liquidity behind the high prices and surges in value – and he sees it another reason to keep up the buying spree. …read more […]

Though rates are going up, one of the top mortgage lenders keeps setting the bar lower. …read more […]

…read more […]

Goldman sounds the alarm bell on a chunk of consumer stocks if Joe Biden’s tax proposal goes through. …read more […]

Yahoo Finance’s Adam Shapiro breaks down the stocks to watch Thursday. …read more […]

Inspire Brands CEO Paul Brown joins Yahoo Finance to discuss how his restaurants brands Sonic, Buffalo Wild Wings, Arby’s, Jimmy John’s and Rusty Taco are performing during the pandemic. …read more […]

Yahoo Finance’s On The Move panel break down Cisco’s latest earnings report. …read more […]

After a strong day trading, markets are hovering near record levels. The S&P 500 is just 0.5% off its highest level ever. So as far as the stock markets can show, there is no economic recession. Things are looking up.Of course, we all know that the crises haven’t ended. The coronavirus is still out there. While daily data shows that the number of cases is starting to decline, there remains a strong public fear of the virus. Early efforts to control corona pushed us into an artificial recession – a sort of economic medically induced coma – that we’re now …read more […]

Yahoo Finance’s Brian Sozzi breaks down what SmileDirectClub CFO Kyle Wailes about the company’s latest quarter. …read more […]

Shares of Maryland-based Novavax rose nearly 7% in morning trade. Novavax has received $2 billion in funding so far for its coronavirus vaccine, including $384 million from the Coalition for Epidemic Preparedness Innovations (CEPI). …read more […]

Ripple is reportedly struggling to find use cases for XRP and its underlying technology and is looking to shift its strategy.The post Ripple aims to become ‘the Amazon of payments’ says CEO appeared first on The Block. …read more […]

Hayden Capital recently released its Q2 2020 Investor Letter, a copy of which you can download here. The fund posted a return of 93.2% for the quarter, outperforming their benchmark, the S&P 500 Index which returned 20.0% in the same quarter. You should check out Hayden Capital’s top 5 stock picks which helped them beat […] …read more […]

(Bloomberg) — Cisco Systems Inc. shares tumbled Thursday after the company gave a lackluster sales forecast, signaling that businesses are spending less in the pandemic-driven recession.Chief Executive Officer Chuck Robbins pledged to reduce expenses by $1 billion through a reorganization that will include job cuts and early retirement for some workers. The plan will cost about $900 million, which will include severance and other “termination benefits,” the company said in a regulatory filing. Chief Financial Officer Kelly Kramer is also leaving.Revenue will fall 9% to 11% from a year earlier in the fiscal first quarter, which ends in late October, …read more […]