wall street

  1. Hanno Labuschagne

    Reddit advised to list at $5-billion valuation

    Reddit advised to list at $5-billion valuation Reddit Inc. is weighing feedback from early meetings with potential investors in its initial public offering that it should consider a valuation of at least $5 billion (R94 billion), according to people familiar with the matter, even as it is...
  3. Hanno Labuschagne

    Cyberattack forces major banking business on Wall Street to record transactions in spreadsheets

    Cyberattack forces major banking business on Wall Street to record transactions in spreadsheets Another cyberattack against the unglamorous platforms underpinning Wall Street left one of global banks’ biggest businesses falling back on an old-fashioned method of doing business...
  4. Hanno Labuschagne

    Even Wall Street's best estimates could not predict Microsoft's 2023 surge

    Even Wall Street's best estimates could not predict Microsoft's 2023 surge Microsoft Corp. is one of the most-loved stocks on Wall Street, but even the wildly positive views surrounding the software giant haven’t been able to keep up with a rally that has already topped 50% this year. On...
  5. Hanno Labuschagne

    Wall Street is happy about Netflix's password crackdown

    Wall Street is happy about Netflix's password crackdown In 2017, Netflix Inc. tweeted that “love is sharing a password.” In 2023, Wall Street loves that the company has changed its tune. The video-streaming giant is cracking down on the ability of its users to share subscriptions across...
  6. Hanno Labuschagne

    FTX's list of creditors includes Goldman Sachs and other Wall Street bigwigs

    FTX's list of creditors includes Goldman Sachs and other Wall Street bigwigs Advisers to FTX say the collapsed crypto company owes a dizzying assortment of firms including Goldman Sachs Group Inc., JPMorgan Chase & Co. and Wells Fargo & Co., bankruptcy court documents show. A 116-page document...
  7. Hanno Labuschagne

    Saudi prince, Jack Dorsey, and Qatar fund help Musk buy Twitter

    Saudi prince, Jack Dorsey, and Qatar fund help Musk buy Twitter Elon Musk bought Twitter Inc. last week for $44 billion with the help of Wall Street bank loans and shareholders who agreed to roll over their interest in the social media service in exchange for a stake of the new private company...
  8. J

    Wall Street's interest in cryptocurrency falters after crash

    Wall Street's interest in cryptocurrency falters after crash Limbo—that’s where to find Wall Street when it comes to cryptocurrencies. Squeamish from the start about pursuing profits in one of the darker corners of finance, established firms this year slowed their already halting efforts to...
  9. Kevin Lancaster

    Facebook shares on the up

    Facebook shares hit record high Facebook’s fast-growing mobile advertising business helped drive a 61 percent increase in revenue this quarter
  10. jes

    Technology stocks lead Wall Street higher

    Technology stocks lead Wall Street higher The stock market is closing higher, with technology companies leading the way.
  11. jes

    Wall Street's love affair with Facebook hinges on mobile

    Wall Street's love affair with Facebook hinges on mobile Facebook shares have doubled in just the last three months, buoyed by an increasing belief among investors that Facebook has finally struck a winning formula in mobile advertising.
  12. jes

    Wall Street banks learn how to survive in staged cyber attack

    Wall Street bankers stage cyber attack In a staged simulation called Quantum Dawn 2, bank security executives were tasked with detecting how a massive cyber attack was unfolding in the markets
  13. G

    Why Isn't Wall Street in Jail?

    http://www.rollingstone.com/politics/news/why-isnt-wall-street-in-jail-20110216 Click the link for more. And why is this in a music magazine and not the more "serious" press.
  14. jes

    Wall Street ponders Facebook's prospects

    Wall Street ponders Facebook's prospects Wall Street sentiment is mixed over Facebook's financial prospects as the privately held social-networking website faces a possible entry into the market next year.
  15. G

    $144 Billion in Wall Street Bonuses

    http://www.aolnews.com/2010/10/12/144-billion-dollars-in-wall-street-bonuses-how-much-is-that-re/
  16. jes

    Tech sector data and China lead to Wall Street stock plummet

    Tech sector data and China lead to Wall Street stock plummet US stocks slumped Thursday amid speculation that China will hike interest rates in an effort to curb faster-than-expected inflation and as the tech sector received a pummelling.
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