Tag: uber.nyse
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Tesla (TSLA): Musk’s automotive Three-Card Monte
Over the past year, Tesla (TSLA.NASDAQ) pillaged the public markets, splitting its stock with glee much to the chagrin of short selling groups like TSLAQ. But in the wake of Elon’s champagne wishes and caviar dreams, share price faded, exposing a nagging question, “What powered Tesla’s rise in the first place?” Fundamentals Tesla had a…
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![The strange story of SoftBank’s rich weirdo CEO, Masayoshi Son]()
The strange story of SoftBank’s rich weirdo CEO, Masayoshi Son
I’ve always wanted to be a rich weirdo. Like Nicolas Cage marrying Lisa-Marie Presley on a whim to feel close to her Dad, buying two private islands, collecting shrunken pygmy heads and living in Anne Rice’s old house in the Garden District of New Orleans weird. But those things get old, and eventually I’d want…
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Slack’s (WORK.NYSE) sad performance and the scourge of Silicon Valley
When Slack (WORK) listed on the NYSE this year, it was the first tech unicorn to grace American markets through a direct listing rather than the traditional Initial Public Offering (IPO). This historic event came on the heels of a growing dissatisfaction in Silicon Valley over Wall Street’s preferred path to public trading. In fact,…
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The end of the world, or, how I learned to live with a habitually shrinking PMI
The Institute of Supply Management (ISM) U.S. manufacturing survey was released yesterday and, boy, did it ever raise alarms. Estimations of the ongoing U.S.-China trade war have been on a piecemeal basis up until now: It is common knowledge American soybean farmers are struggling, but calculating the material effects on U.S. business as a whole…
