Dell’s Pivotal Software Set for $600 Million IPO
Pivotal software, a division of computer giant Dell, is set for an NYSE IPO listing with 37 million Class A shares to be released, priced around $14 – $16, which should raise somewhere around the $600 million More...
Record stock market: Dow hits 20,000
The Dow hits 20,000, making history today by blowing past that key level for the first time ever. The historic milestone leaves the Dow up more than 1,700 points since President Donald Trump’s victory in More...
Robot Advisors Are Taking over the Financial Industry
The financial industry is experiencing a turmoil, as more and more companies rely on robot traders as the best way to make profitable investments. What was previously known as a type of trading in forex and binary More...
Moody’s cuts 15 major investment banks ratings
The ratings agency Moody’s downgraded 15 of the world’s biggest banks on Thursday, lowering credit ratings by one to three notches to reflect the risk of losses they face. CNBC summarized the five biggest More...
Federal Reserve loans $9 trillion to banks ‘it’s an emergency’
The Federal Reserve, America’s central bank, made $9 trillion in loans to major banks and Wall Street firms according to newly released information. Wednesday’s data revealed the loans were made through More...
