-
ShipBob Reaches $1B Valuation With New Funding Round
Tuesday, June 29, 2021 - 11:14am | 828Read More...The money keeps flowing into the last-mile logistics space and the latest company to reap the benefits is cloud-based platform ShipBob, which announced a $200 million Series E round Tuesday morning. The new funding, which brings total funding in the company to $330.5 million according to...
-
KeepTruckin Valued At $2.3B After Series E Raise
Thursday, June 17, 2021 - 4:25pm | 714Read More...Fleet management software company KeepTruckin announced it has closed a Series E round managed by BlackRock and several other lead investors for $190 million. Participating investors include G2 Venture Partners, Index Ventures, Greenoaks, IVP and Scale Venture Partners. With these new funds, the...
-
Google Market Cap Surpasses Amazon's For The First Time
Saturday, June 5, 2021 - 2:09pm | 364Read More...According to Dow Jones Market Data, shares of Alphabet Inc (NASDAQ: GOOGL) (NASDAQ: GOOG) rose to 2% on Friday, surpassing the market capitalization of Amazon (NASDAQ: AMZN). What Happened: Alphabet closed its Friday session with a market cap of $1.622 trillion, while Amazon Inc...
-
Early Airbnb Investor: 'It's A Very Exciting Time'
Thursday, December 10, 2020 - 11:42am | 367Read More...Airbnb's initial public offering comes a day after DoorDash Inc's (NYSE: DASH) successful offering, but investors shouldn't come to expect a similar 80% gain on day one, according to Tim Ringel, an early Airbnb investor and Global CEO of Spring Studios. No Big Gains On Day One? It...
-
Friday's Market Minute: Can Tesla Stick The $1,000 Landing?
Friday, June 19, 2020 - 2:05pm | 238Read More...Tesla(NASDAQ: TSLA) stock closed above $1,000 for the first time on Thursday and is continuing to rise in pre-market trading Friday. Bullish sentiment soared after Jefferies increased their price target on the stock to $1,200, nearly doubling their original target of $650 while also maintaining a...
-
Getaround Seeking $200M On $1.7B Valuation
Friday, September 6, 2019 - 8:51am | 526Read More...Getaround, the car sharing marketplace, seeks to raise an estimated $201.5 million in Series D extension funding, Pitchbook is reporting. This would bring its valuation to $1.702 billion, up from the $840 million valuation it reached last year. A spokesperson from Getaround declined to confirm the...
-
At Stifel, Freight Tech Leaders Talk Valuations, Capital Flows, And Adoption
Friday, February 15, 2019 - 12:47pm | 933Read More...Are freight technology startup valuations out of control? How will the showdown between incumbent third-party logistics providers (3PLs) and digital upstarts unfold? How should we characterize the current progress of technology adoption in transportation and logistics? Freight tech luminaries at...
-
The $1-Trillion Club: Who's Next?
Wednesday, September 5, 2018 - 11:56am | 446Read More...It’s official: as of Tuesday, two U.S. companies, Amazon.com (NASDAQ: AMZN) and Apple Inc. (NASDAQ: AAPL), have entered the $1-trillion market cap landscape within a few short weeks. Google’s parent company Alphabet Inc. (NASDAQ: GOOGL) and Microsoft Corp. (NASDAQ: MSFT) are...
-
Cramer Breaks Down 3 Cheap Stocks That Crushed Earnings
Wednesday, October 18, 2017 - 11:16am | 424Read More...Are stocks cheaper than they appear? By many metrics they most certainly are, at least according to CNBC's Jim Cramer. 3 Cheap Stocks For example, Johnson & Johnson (NYSE: JNJ) is trading north of $100 per share and it's also trading at just 18 times next year's estimate earnings...
-
Robert Shiller Explains What Keeps Him Up At Night
Saturday, July 29, 2017 - 9:38am | 406Read More...Robert Shiller, the famed Nobel laureate and economics professor at Yale University, has some alarming facts about the stock market that cause him to "lie awake worrying." The stock market's low volatility coupled with a questionable price to earnings ratio for stocks could result in...
-
Low Vol Hot Streak Could Be Cooled By Valuations
Monday, August 29, 2016 - 8:38am | 631Read More...The PowerShares S&P 500 Low Volatility Portfolio (PowerShares Exchange-Traded Fund Trust II (NYSE: SPLV)) and the iShares Edge MSCI Min Vol USA ETF (iShares Trust (NYSE: USMV)) are undoubtedly two of 2016's hottest ETFs. Investors have plunked down $6.3 billion in new money into USMV since...
-
Is Lululemon Making A Comeback?
Tuesday, January 5, 2016 - 9:30am | 388Read More...On Monday, the broader market suffered a decline as investors began to get jittery about volatility in China, the Federal Reserve's interest rate increase and valuation concerns. However, luxury athletic apparel retailer Lululemon Athletica inc. (NASDAQ: LULU) posted massive gains, with shares...
-
Tesla Could Be Worth $9 (TSLA)
Thursday, August 8, 2013 - 3:57pm | 697Read More...Tesla Motors (NASDAQ: TSLA) shares have sold off of intraday highs heading into the close Thursday, but still traded sharply higher on the session. Shares rose over 14 percent to $153.30 per share after making a new all-time high of $158.88 following its second consecutive quarterly profit. However...
-
Is Penford's Price Appropriate?
Friday, June 15, 2012 - 3:06pm | 1039Read More...Price: $8.15 Forward P/E: 41 Earnings Growth: N/AProjected Sales Growth: 16.6% Market Cap: $92.25 million Why it's Featured: Natural based systems and gluten free products.Watch Out For: Valuation is high unless management really hits the forecasted numbers; still very small.Penford Corporation (...
-
Faces of Death: Part One
Thursday, December 1, 2011 - 6:56am | 358Read More...The bankruptcy of American Airlines (NYSE: AMR) this week and never-ending talk of punk profitability for retailers this holiday season has got me to thinking about potential corporate death stories. I always find it amazing that investors gravitate to a $5 stock instead of a $100 stock because...














