Here are some words I never thought I’d type: the hedge fund CEO that bailed out GameStop short sellers earlier this year just secretly outbid a hyped-up bunch of crypto lords for an ultra rare copy of the original U.S. Constitution. Earlier this year,…
Microsoft reclaims title of most valuable public company after Apple falls
iPhone maker cedes top spot to its tech rival after weak earnings.
Apple sheds value during iPhone event
The TechCrunch crew is hard at work writing up the latest from Apple’s iPhone, iPad and Apple Watch event. They have good notes on the megacorp’s hardware updates. But what are the markets saying about the same array of products? For those of us more concerned with effective S&P dividend yields than screen nit levels, […]
Spotify to spend $1B buying its own stock
If Spotify is still a growth-focused company, shouldn’t it preserve its capital to invest in exclusive podcasts and the like — efforts that may grant it pricing power in the future?
Robinhood is now a stonk
The wild swing in the price of Robinhood today appears from our vantage point to be another stonk moment.
Robinhood’s CFO says it was ready to go public
Robinhood says it went public because it was ready. And our read of the markets is that it’s an appealing time for high-growth tech companies with a history of losses to do so. Yet it’s underwater.
Robinhood’s stock drops 8% in its first day’s trading
Once the U.S. consumer investing and trading app began to allow investors to trade its shares, they went down sharply, off more than 10% in the first hours of its life as a floating stock.