29 September, 2021 by The TZ Newswire Staff Comments Off on Warby Parker Goes Public. What It Means for the Stock Market
Warby Parker Goes Public. What It Means for the Stock Market
The stock market finished mixed on Wednesday, as an early attempt to regain some of the ground major market benchmarks lost on Tuesday ended up giving way to continued nervousness about the short-term impact of inflation and other macroeconomic pressures on stocks. The Dow Jones Industrial Average (DJINDICES: ^DJI) and S&P 500 (SNPINDEX: ^GSPC) eked out small gains, but the Nasdaq Composite (NASDAQINDEX: ^IXIC) ended up losing more ground.
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29 September, 2021 by The TZ Newswire Staff Comments Off on New Zealand Building Permits for August +3.8% m/m (expected +2.3%)
New Zealand Building Permits for August +3.8% m/m (expected +2.3%)
NZ data, Building Permits for August beat at up 3.8% on the month
For the y/y, +42.3%, which is reflective of the slower 2020.
Highlights:
Skyrocketing home prices in NZ are a political issue, this pipeline of building may go some way to alleviating the pressure.
29 September, 2021 by The TZ Newswire Staff Comments Off on Chamath Palihapitiya is very worried about inflation and hedging in 3 ways
Chamath Palihapitiya is very worried about inflation and hedging in 3 ways
The Social Capital Founder likes hypergrowth companies, cash-generating businesses and a handful of assets, like bitcoin, that don’t correlate to the former two.
29 September, 2021 by The TZ Newswire Staff Comments Off on FAA clears Virgin Galactic after completing investigation of Branson’s spaceflight, stock jumps 10%
FAA clears Virgin Galactic after completing investigation of Branson’s spaceflight, stock jumps 10%
The FAA cleared Virgin Galactic to return to flight on Wednesday after completing a mishap investigation into the spaceflight that carried Sir Richard Branson.
29 September, 2021 by The TZ Newswire Staff Comments Off on U.S. should do ‘exact opposite’ of China on crypto, says Andreessen Horowitz’s Katie Haun
U.S. should do ‘exact opposite’ of China on crypto, says Andreessen Horowitz’s Katie Haun
At CNBC’s Delivering Alpha conference on Wednesday, investor Katie Haun said the U.S. should see China as a cautionary tale when it comes to regulating crypto.
29 September, 2021 by The TZ Newswire Staff Comments Off on A vote to fund the US government could happen today
A vote to fund the US government could happen today
A Brazilian hospital chain tested unproven drugs on elderly Covid-19 patients without their knowledge as part of an effort to validate President Jair Bolsonaro’s preferred ‘miracle cure,’ a lawyer for whistleblowing doctors told senators on Tuesday.
29 September, 2021 by The TZ Newswire Staff Comments Off on IPO Report: The two execs who led Spotify’s direct listing say it gets to the ‘true price’ for an IPO
IPO Report: The two execs who led Spotify’s direct listing say it gets to the ‘true price’ for an IPO
More direct listings after this week’s Warby Parker and Amplitude are expected, say retired Spotify CFO Barry McCarthy and Latham & Watkins lawyer Greg Rodgers, who helped lead the effort to take Spotify public as the first direct listing in 2018.
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