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Reading News That Matters
Reading News That Matters
Uber and Lyft are worth a combined $84 billion after their massive initial public offerings this year, but that’s only a small fraction of what UBS estimates the global robo-taxi market can grow to by 2030. Current evidence tells us…
Uber stock shifted into reverse Monday as investors grappled with how to value the money-losing, ride-hailing company on its first full day of trading. But have you heard the situation Lyft is going through? It seems that the second major…
Shares in online scrapbook company Pinterest surged more than 28% on its first day of trading, valuing the firm at about $16bn (£12bn). The shares opened in New York at $23.75, well ahead of the $19 they were priced at,…