Billionaire entrepreneur Elon Musk’s brain-chip startup, Neuralink, has raised $205 million in a funding round led by Dubai-based venture capital firm Vy Capital, with participation from Alphabet Inc’s Google Ventures, the company said Thursday. Neuralink aims to implant wireless brain ...
/GettyImages-1045262938-d6e77886128f4b05b3b4b4e3daef781a.jpg "IPO market nears peak as valuations hit 20-year high, but analysts are concerned")
Low interest rates and high returns have fueled record IPO demand, but with valuations for newly public businesses now at levels last seen during the dot-com bubble, some experts are worried the boom is coming to an end. According to ...
Advertising growth was the biggest driving factor of Big Tech’s blowout quarter, as the economy snapped back from pandemic lows and a long-term shift to digital went into overdrive. Facebook, Snapchat, Twitter, LinkedIn, YouTube, and Google all posted record ad ...
Robinhood, whose longstanding mission is to democratize investing, is seen as the main gateway to the markets for young investors. The stock trading app will trade on the Nasdaq under ticker HOOD, priced at an expected $38 to $42 per ...
Growth stocks have been the talk of Wall Street for well over a decade. It is likely they will only continue to thrive during this time of low interest rates. Low lending rates have allowed fast-growing companies access to cheap ...
This week will be huge for the markets. First, the Federal Reserve is meeting today and tomorrow with potential talks about winding down its bond program. In turn, this could move the markets since it is generally seen as the ...
Treasury Secretary Janet Yellen on Friday warned Congress that her department will need to embark on “extraordinary measures” on August 2 to prevent the U.S. government from defaulting if lawmakers are unable to strike a deal to raise or extend ...
Amazon will investigate allegations of discrimination and harassment within its Amazon Web Services (AWS) unit, following an employee petition that criticized AWS’s culture. More than 550 Amazon workers signed the petition, which calls out AWS for its “underlying culture of ...
Walmart Inc. lost a federal lawsuit in Wisconsin when a jury sided with a sales associate who has Down syndrome and alleged that the company fired her because of her disability. Marlo Spaeth worked for Walmart for about 16 years ...
The pandemic forced many businesses to cut back on pay raises, forego hiring all together, and conduct mass layoffs. Thankfully, there is light at the end of the tunnel and many businesses are ready to put their money where their ...