Uber, the ride-sharing giant finally filed for its long-awaited IPO. Highlights Monthly active users reached 91 million. Average user takes 5.5 trips in a month.… Read More »The ride-sharing giant, Uber finally filed for its long-awaited IPO
Earnings season is approaching and these large U.S. companies are set to report to the market this week. Let’s take a look! Citigroup Inc. (Symbol:… Read More »Large companies set to report earnings this week
Pinterest (PINS) announced yesterday it would issue 75 million shares for $15-17 each. Based on its 529 million share count, that translates into an overall valuation of $7.9 billion to $8.9 billion. The number immediately raised eyebrows because PINS was valued around $12 billion in the private market 22 months ago.
Xiaomi Corporation is a Chinese electronics company headquartered in Beijing and listed on the Hong Kong Stock Exchange (stock code:1810). Xiaomi produces smartphones, laptops, and Internet of things (IoT) products, as well as internet services. It was founded by Lei Jun in 2010 and grew rapidly to a major tech player in China. Xiaomi started its international expansion from 2014 and went public on HKSE in July 2018.
Buffet is known as a pioneer of the value investing approach to identify investment opportunities. This methodology involves reading through financial statements in order to identify cases where the market has mispriced stocks. Value investors actively seek out the stocks they believe the market has undervalued, and investors who use this strategy think the market may have overreacted to either good or bad news, which results in stock price movements that may not necessarily correspond to a company’s long-term fundamentals.
Royal Caribbean Cruises controls and operates four global cruise brands: Royal Caribbean International, Celebrity Cruises, Azamara Club Cruises and Silversea Cruises. Besides those brands, the company also owns a 50% joint venture interest in the German brand TUI Cruises and a 49% interest in the Spanish brand Pullmantur. Altogether, RCL operate about 60 ships in total.
Alphabet (GOOGL) announced it will use the actively traded company’s chips in its new Stadia cloud-based video-game service. That could make AMD a key player in a fast-growing pastime already drawing millions of daily views.