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3 mins read
Wall Street's infatuation with Uber is ending - and one analyst says its stock no longer deserves a premium over Lyft
"We're not convinced that a meaningful multiple to LYFT is warranted for UBER, given UBER's sharply…
Graham Rapier
7 mins read
When it comes to shopping, the ultimate status symbol is IRL
E-commerce has gobbled up everything in retail, but in the luxury space, consumers still prefer sho…
Emily Stewart
1 min read
Business communication platform Gupshup raises $240 million, to buyback ESOPs
Messaging platform Gupshup, which became a unicorn earlier in April 2021, has raised an additional …
1 min read
Tech Mahindra shares surge as for the first time in over five years the management sees a 10% plus growth
Shares of Tech Mahindra surged about 8% as investors cheered the company’s double digit growth guid…
2 mins read
Bharti Airtel gains 5% as its cheapest prepaid plan gets costlier by ₹30
Shares of Bharti Airtel gained 5% as the company announced that it has discontinued its cheapest pr…
2 mins read
The Whole Truth, a ‘healthy’ packaged food brand, raises $6 million to enter new categories
Healthy packaged food startup The Whole Truth (TWT) has raised $6 million in its Series A round led…
2 mins read
Tata Motors’ net loss narrows on strong growth in exports
Consolidated revenue from operations during the period under review stood at ₹66,406.05 crore a…
PTI
6 mins read
Clear(Tax) is planning for major acquisitions as it looks to 'leapfrog' its growth
In order to accelerate growth and become a full stack financial services provider, Clear (ClearTax)…
6 mins read
There are at least 10 hot issues in India that the government has no data for
It has already been almost 10 days since the Indian parliament kicked off its monsoon session on Ju…
5 mins read
Nancy Pelosi's primary challenger is taking her to task for embracing congressional stock trading as he tries to unseat the 18-term Democrat
Shahid Buttar has unsuccessfully challenged Pelosi twice before. This time, he thinks widespread an…
Warren Rojas
5 mins read
Buzzy mattress maker Casper is pitching itself as a tech company, just like WeWork did. Here why business experts are dubious.
It would be hard to believe that technology products in particular account for anything more than a…
Troy Wolverton
2 mins read
One of the Netflix of China's biggest competitors soars 7% after earnings show it's dominating a key demographic
"Our platform is actively attracting a growing number of users and we continue to see high levels o…
Ethel Jiang
2 mins read
CREDIT SUISSE: GrubHub's recent acquisition may take time to pay off
Fresh on the heels of the company's $287.5 million Eat24 acquisition, Credit Suisse analyst Paul Bi…
Graham Rapier
4 mins read
Activity has all but dried up in the riskiest part of the stock market
While some of these companies have had this come and bite them in recent months as large investors …
Bob Bryan
4 mins read
UBS says Snap Inc. needs to rise to 3 critical challenges
Sponsored Creative Tools allow advertisers to directly engage with user content, either by customis…
Sam Jacobs
8 mins read
Morgan Stanley made an error analyzing Snapchat, and it shines a light on some big flaws in Wall Street research
The bank in question here is Morgan Stanley, and the company is Snap. Morgan Stanley led Snap's ini…
Matt Turner,Rachael Levy
3 mins read
The first mega takeover of 2016 just landed
Shire plc (LSE: SHP, NASDAQ: SHPG) and Baxalta Incorporated (NYSE: BXLT) today announced that the b…
Lydia Ramsey
8 mins read
How an ex-Goldman Sachs partner and long-suffering Mets fan found himself at the helm of the London Stock Exchange making a huge bet on the future of financial data
When the CBOE was thinking about going public, William Brodsky, the CEO and chairman at the time, d…
Dakin Campbell
3 mins read
Fiat And Chrysler Are Now Officially One Company, Listed On The NYSE
The world's seventh-largest auto group has sought the U.S. listing to help to establish itself as a…
Matthew DeBord,Reuters
6 mins read
This company thinks it can beat Google in a critical area - and it just made a $122 million buy to help
The intent for us is to make those capabilities available to all buyers and all sellers in our mark…