stock market
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Congratulations To Uber, The Worst Performing IPO In US Stock Market History
Rideshare unicorn Uber doesn’t do anything small. When it was in the game of raising money, it raised close to $US25 billion ($36 billion). When it loses that money — and it does every single quarter — it loses it at astronomical burn rates. It finally debuted on the New York Stock Exchange today, in…
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Apple May Be The First Trillion-Dollar Company, But Can You Believe The 2001 Brendan Fraser Film Monkeybone Isn’t On Netflix?
Just 21 years after facing near-bankruptcy, Apple Inc. just became the first publicly traded company in history to be worth $US1 trillion ($1.3 trillion). This means that Apple’s market cap is roughly the same as the nominal GDP for Mexico, the world’s 15th largest economy, according to the United Nations. It’s a meaningless milestone in…
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Twitch Is Playing The Stock Market With Real Money
Twitch has taken on Pokemon, Dark Souls and even the odd indie game. So what’s next for co-operative video games through Twitch chat? The New York Stock Exchange, obviously.
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Incredible New Trading Software Only Lost Money One Day In Four Years
If you think the stock market can be a gamble, you’d now be wrong. The latest trading software developed by Virtu — a company specialising in high-frequency trading — has had only one day of loss in the past four years.