US stocks higher despite no election result… and Uber’s big win
Nov 5, 2020
Nov 5, 2020 |
3 min
US stocks closed higher, with no election results able to be called and indeed too close to call. After winning a legislative fight on Wednesday, Uber's shares rose 14.6%.
Capital markets must pivot, Tencent halted by Trump and … could Elixir Energy rise further?
Aug 14, 2020
Aug 14, 2020 |
6 min
President Trump suggested Tencent’s (HKG: 700) WeChat app poses a threat to US national security, and banned American companies from doing business with it.
Global lockdowns ease, but is a credit crisis looming? And Bitcoin’s halving is just around the corner
May 8, 2020
May 8, 2020 |
6 min
Bitcoin was one of the best performing assets of 2019, so with the third halving just around the corner investors are confident its price will continue to rise.rise.
Top Gear: LYFT to debut on the NASDAQ
Mar 29, 2019
Mar 29, 2019 |
2 min
Lyft has won the drag race, as predicted. Uber’s biggest competitor will debut on the NASDAQ this Friday (tomorrow) after raising more than US$2 billion Thursday afternoon at US$72 per share.
Lyft pulls ahead of Uber: could debut on NASDAQ next month
Feb 22, 2019
Feb 22, 2019 |
2 min
Uber’s arch rival, Lyft, is one step closer to its IPO. On face value Uber has little to fear in the event of Lyft winning the IPO drag race, but looks can be deceiving.
