Tesla had a good ride, but the stock’s price destruction is historic
Few people have created as much value as Elon Musk. The iconoclastic entrepreneur took Tesla from a market capitalization of roughly $2 billion at the time of its IPO in 2010 to $1.2 trillion in early...
Today’s earnings: Who’s making money edition
Here are some some notable numbers out this morning, as earnings season gathers steam. Thursday’s main event will be Netflix after the close of trading. (Keep an eye on its advertising business .) But...
The long, brutal winter may finally be over for the IPO market
IPOs hit record highs in 2021 then hit the brakes, slowing down massively through 2023. But following last month’s successful public debuts of AI startup Astera Labs and social platform , a flurry of ...
Retail investors want private stocks
The median valuation of a successful tech IPO increased from $548M in 2010, to $815M in 2015, to an astounding $4.3B in 2020 as an abundance of venture capital and private equity funding has allowed c...
Grindr heats up
After a mostly terrible ride on the stock market — during which its price dropped more than 70 percent — Grindr finally got some love. TD Cowen gave the dating app company its first buy rating since ...
Trump Media surges after SPAC merger
The SPAC-related saga of Truth Social’s parent company culminated Tuesday, with the debut of Trump Media & Technology Group as a publicly traded stock. Its appearance on the public markets comes aft...