Therese Poletti"s Tech Tales: Chinese IPOs raked in $9 billion in U.S. cash, then promptly fell 13% on average
In China, the number 8 is a omen of good luck and prosperity. Indeed about 30 Chinese companies reaped over $9 billion in capital, going public in the U.S. markets in 2018, but the investors in many of these deals have not fared as well......»»
Therese Poletti"s Tech Tales: The memory game: Chip companies giving mixed signals about a rebound
Memory stores what has happened in the past, but can’t tell you what will happen in the future. It seems the same is true of memory companies......»»
Therese Poletti"s Tech Tales: Tech earnings are a test amid tumultuous times, and all the chips are on the table
As Wall Street gets ready to see how tech companies fared in the second quarter, the mantra about a ‘better second half’ is likely going to be a refrain in company conference calls.....»»
This Year’s Tech IPOs Are Raising an Average of $2.2 Billion
Welcome to the year of the giant tech IPO. A cavalcade of so-called unicorns, privately held companies valued at $1 billion or more, is galloping toward supersize initial public offerings. Uber alone raised $8.1 billion in its May debut. .....»»
Therese Poletti"s Tech Tales: Blue Apron’s new CEO has a thankless task
Blue Apron Inc. investors applauded the news that the company has hired a new chief executive, Linda Kozlowski, the chief operating officer of Etsy Inc. until last year, but her new job may be a tough and thankless task......»»
Therese Poletti"s Tech Tales: The promise of a magical rebound for tech comes with little evidence to back it up
Chip companies began stirring fears that the tech boom of the past decade is coming to an end last earnings season, when they began forecasting a downturn that has turned into the first chip slowdown .....»»
Therese Poletti"s Tech Tales: Can Facebook, Apple and Google keep powering tech’s growth?
As large tech companies report first-quarter earnings in a flood of results during the next two weeks, they face a major test: Will they continue to post huge growth, and fuel further overall gains for the market, or settle into a more mild adulthood?.....»»
Therese Poletti"s Tech Tales: SEC: Tell us more about all this money; Amazon and Google: Nope
The U.S. Securities and Exchange Commission has tried hard to force Alphabet Inc. and Amazon.com Inc. to disclose more information about their fast-growing businesses, but the tech giants aren’t playing along......»»
China"s Biggest Tech Unicorns Stampede to Go Public
At least a dozen Chinese companies with collective private valuations of roughly $500 billion have been in talks about IPOs......»»
Therese Poletti"s Tech Tales: Silicon Valley billionaires’ favorite nonprofit crumbles beneath mounting greed
A Silicon Valley money factory soared with the tech boom, but grew greedy and obsessed with winning until its en.....»»
Chinese Smartphone Maker Xiaomi Falls in Hong Kong Trading Debut
Shares in Chinese smartphone maker Xiaomi, which raised $4.7 billion in one of Hong Kong’s largest tech initial public offerings in recent years, fell on their debut as the broader market rose......»»
Therese Poletti"s Tech Tales: IPO boom has opened the window for some scary companies
A stunning number of companies are trying to jump through the current hot market for initial public offerings, but investors would be wise to watch for rats hoping to sneak in amid the torrent......»»
Therese Poletti"s Tech Tales: Bloom Energy proves it should not be trusted
Bloom Energy C.....»»
Therese Poletti"s Tech Tales: In just one week as a public company, Bloom Energy has squandered its credibility
Bloom Energy C.....»»
Wall Street to open lower on renewed tariff fears
Wall Street was set to open lower after tech and industrial stocks fell, as fears of a trade spat between the United States and China failed to let up after President Donald Trump proposed 25 percent tariffs on $200 billion worth of Chinese imports......»»
Therese Poletti"s Tech Tales: Apple is worth $1 trillion because of Tim Cook
Tim Cook deserves all the kudos he is receiving as the chief executive to steer Apple Inc. toward the record $1 trillion market cap it reached this week......»»
Therese Poletti"s Tech Tales: Hey Elon Musk, where’s the funding to take Tesla private?
It’s now been three days since Elon Musk roiled the U.S. markets with a tweet contending that funding was secured to take Tesla private at $420 a share in what would be the largest corporate private buyout ever, and his silence since is deafening......»»
Therese Poletti"s Tech Tales: The government has moved on from the Equifax breach, but you shouldn’t
A year ago, Americans learned that a company that warehoused their data without their express permission had leaked the personal information of more than half of all adults in the country. And then ... nothing happened......»»
Investors pour $4 billion into China"s latest internet IPO
A Chinese app that does just about everything has found strong demand for its shares, bucking the trend of recent tech IPOs......»»
Therese Poletti"s Tech Tales: Why AMD believes it can challenge Intel in servers
Advanced Micro Devices Inc. is hoping that once again, by leapfrogging chip giant Intel Corp. with what it believes is better technology, it will gain back its lost share in the server market.....»»