This Is Why Nvidia Is Surging Today as Other Tech Stocks Falter
Nvidia’s stock is going up after a series of developments that demonstrate a bright future for the company. Wall Street is bullish, too.
October 6, 2020 No Comments
SoftBank
SoftBank Stock Takes the Heat for Fed’s Nasdaq Melt-Up
SoftBank stock took a spill Monday after the company was “unmasked” as the “Nasdaq whale” behind the recent melt-up, but the theory has flaws.
September 7, 2020 No Comments
Softbank’s Hellish Nightmare Unravels with WeWork, Wirecard and Jack Ma
SoftBank was already having a bad year, due to its dealing with WeWork and WireCard. It is now about to get worse.
June 25, 2020 No Comments
For WeWork, Rent is More Important than Retention During Coronavirus Pandemic
WeWork is charging full rent to its clients but is not paying a full rent to its landlords. How long will WeWork’s Me-First attitude survive?
April 19, 2020 No Comments
Can T-Mobile Hype Man John Legere Rescue WeWork?
WeWork needs a new CEO to replace disgraced co-founder Adam Neumann. They are reportedly turning to T-Mobile CEO John Legere. This isn’t as crazy as
November 11, 2019 No Comments
SoftBank’s Son Admits Terrible Judgment in $4.6 Billion Money Pit WeWork
SoftBank reported a quarterly loss amounting to billions of dollars for the first time in more than a decade. WeWork is not the only problematic
November 6, 2019 No Comments
Saudi Arabia Joins SoftBank in Biggest-Loser Club with $1.1 billion Uber Loss
Uber Technologies’ (NYSE:UBER) fifth largest shareholder, the sovereign wealth fund of Saudi Arabia, has now lost over a billion dollars by investing in the ride
October 23, 2019 No Comments
First Bitcoin, Now WeWork: Is Masayoshi Son the Worst Investor Ever?
For decades, Masayoshi Son has flaunted his wealth and power to make SoftBank one of the most prominent names in tech investing. However, following devastating
September 26, 2019 No Comments
Adam Neumann Ouster Would Be Best Thing for WeWork
It has been a tumultuous month for WeWork. The company has seen its hopes for a successful Nasdaq listing disappear. On Sunday, Bloomberg reported that
September 23, 2019 No Comments
SoftBank Doubles Down on Its WeWork Loss
Legendary investment firm SoftBank, which was once but a Japanese telecom provider, plans to plow another $750 million into the WeWork IPO, according to a
September 14, 2019 No Comments
Uber IPO Smacks Saudi Wealth Fund with $200 Million Loss
By CCN.com: The Saudi Arabian Public Investment Fund (PIF) was one of the first believers in Uber, ponying up billions of dollars to invest in
May 11, 2019 No Comments
Why Uber’s Largest Investor Just Plowed Almost $1 Billion into Autonomous Vehicle Startup Nuro
SoftBank has a lot of faith in a startup called Nuro that wants to use autonomous vehicles to disrupt the grocery delivery space. Nuro just banked almost
February 11, 2019 No Comments
Sony Shares Jump after Japanese Giant Announces Unprecedented ¥100 Billion Stock Buyback
Japanese conglomerate Sony will kick off a $910 million stock buyback program beginning next week, Reuters reports. The move will result in Sony buying a
February 8, 2019 No Comments
Softbank CEO is $5 Billion Richer after Masterminding Company’s Biggest-Ever Stock Buyback
Another day, another $5 billion in the purse for SoftBank’s Chief Executive Officer Masayoshi Son. The Japanese business mogul saw a boost to his net
February 7, 2019 No Comments
Boston Dynamics, Maker of Scary Fast Robots, Raises $37 Million from Uber’s Biggest Shareholder; Sales to Begin in 2019
The next 12 months might be the period when the dreaded “robot apocalypse” swings into effect, as Japanese-based SoftBank, has reportedly invested an additional $37
February 6, 2019 No Comments
WeWork CEO Profits in Millions as ‘Landlord’ from $47 Billion Startup: Report
According to a report by the Wall Street Journal , co-working service provider WeWork Co. has reportedly been renting spaces in buildings owned by its CEO
January 18, 2019 No Comments
powered by Borlabs Cookie