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Billionaire hedge-fund investor David Tepper said stock valuations are the most overvalued since the 1999 tech bubble, adding that the price of some shares were “nuts”. The founder of Appaloosa Management, which held $13bn at the end of the year, also said that many Big Tech stocks were fully valued with little headroom to rise…
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Zoom Video Communications (ZM) will open two new US research and development offices as the firm flourishes on the back of stay-at-home restrictions around the world. The San Jose, California-based videoconferencing firm said it intends to hire at least 500 software engineers in Phoenix and Pittsburgh over the next few years, boosting its engineering workforce…
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In their own industries, companies such as Apple, Microsoft, Facebook, and McDonald’s are always vying for superiority. Over the last decade, many of these household names and their respective investors, have seen their value strengthen, resulting in financial gains for all involved. But, with the gift of hindsight, what are the companies that would have…
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China’s Luckin Coffee (NASDAQ: LK) has fired two top bosses in the wake of a fraud scandal that has rocked the chain. The Nasdaq-listed company said on Tuesday that it has ended the contracts of executive Jenny Zhiya Qian (pictured) and chief financial officer Jian Liu, after a probe into hundreds of millions of dollars…
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Online payments firm PayPal plans to raise $4bn from the bond market to repay a revolving credit facility and other expenses, following strong quarterly results. The California-base platform, which also owns Venmo and Braintree, said in a press release on Monday it will offer investors four different corporate bond tranches of $1bn each due in…
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Venmo’s year-over-year total payment volume has grown by almost half more than its parent company PayPal (NASDAQ: PYPL) from the first quarter of 2019 to the first quarter of 2020. Data gathered by Learnbonds.com indicates that Venmo’s volume grew by 47.61% which is at least 2.6 times more compared to PayPal’s 18%. In the first…
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The coronavirus outbreak has had an enormous impact on world business, changing the way companies communicate internally or with clients. With lockdown rules in place and millions of employees staying at home, firms have had to replace face-to-face meetings with new ways of allowing people to talk, leading to a surge in the use of…
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Saxo Bank is a Denmark based investment bank that offers online trading services to both retail and institutional investors. Across more than 40,000 tradable instruments, the platform covers everything from traditional share dealing services, to CFDs, forex, futures, ETFs, and mutual funds. Thinking about using Saxo Bank for your online trading needs? In this article,…
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Volatile airline stocks tumbled when Warren Buffett pulled out sold his holdings in all four airline companies, but US Global Investors chief executive officer Frank Holmes believes the chairman of Berkshire Hathaway has missed the chance of a lifetime. Berkshire Hathaway, which has total assets of around $700bn, had invested significantly in airline companies from…
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Looking to buy the highly lucrative Tesla stock? Follow this step-by-step guide and read to learn more about Tesla company and its stock. We also detail some of the reasons you should consider investing in Tesla stocks now
