Venture capitalists frequently say that valuing startups is “more art than science.” If that’s true, then it’s absurdist art, because most seed-stage businesses have no value. In fact, seed-stage startups — companies that have not yet released a product, regardless of how many rounds they’ve raised — are probably worth less than zero using any […]
Read MoreFor consumers, inflation is raising jitters and for good reason— rising prices could wipe out gains or stall the nation’s economic growth. Friday’s Consumer Price Index report showed inflation at a 39-year high, but the warning signs have been there. Americans say being able to afford to pay their bills and inflation rank second and […]
Read More(Bloomberg) — The twin issues that have recently rocked stocks — the omicron coronavirus variant and a hawkish Federal Reserve — did nothing this week to deter dip buyers, who powered American equities to their best rally in 10 months. As the latest Covid-19 strain sparked fresh restrictions around the world and surging consumer prices […]
Read MoreRay Dalio, founder of Bridgewater Associates Al Drago/Bloomberg I’m not the doomsday reporter at Barron’s, despite appearances. Last week, I shared a conversation with former Google CEO Eric Schmidt about artificial intelligence and the risk of a robo-nuclear attack. I didn’t know whether to duck and cover or initiate emergency pants-wetting protocols. Now, hedge fund […]
Read MoreInter Parfums, Inc., together with its subsidiaries, manufactures, markets, and distributes a range of fragrances and fragrance related products in the United States and internationally. The company operates in two segments, European Based Operations and United States Based Operations. IPAR $96.5400 1.4700 % 1.5500 Inter Parfums Inc Sector : Consumer Staples Industry : Signal Short […]
Read MoreGrindrod Shipping Holdings Ltd. (GRIN) Grindrod Shipping Holdings Ltd., an international shipping company, owns, charters-in, and operates a fleet of dry bulk carriers and tankers worldwide. It operates a fleet of 23 owned dry bulk carriers and 8 long-term chartered-in dry bulk carriers that transport a range of bulk and breakbulk commodities, including ores, coal, […]
Read MoreThis morning, the U.S. Bureau of Labor Statistics released updated numbers for its inflation-tracking Consumer Price Index (CPI), showing U.S. inflation has hit a 6.8% annualized rate. That adds up to the highest year-over-year inflation rate since 1982, which is decidedly not great. Among other implications, the number is another nail in the coffin of […]
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