Peloton is seeking to raise around $1 billion, according to a regulatory filing released last night. The company plans to offer 40 million shares at a price between $26-29, making Peloton’s valuation about $8.6 billion. Yahoo Finance’s Zack Guzman and Sibile Marcellus discuss with BigEyedWish Founder Ian Wishingrad.
Palantir followed up its “bombastic” December quarter with even better results for the March quarter as the data analytics software company continued to gain traction with its artificial-intelligence tools in particular with U.S. commercial customers. For the March quarter, Palantir posted revenue of $634 million, up 21% from a year ago, and ahead of both the company’s guidance range of $612 million to $616 million and Wall Street’s consensus of $615 million as tracked by FactSet. Adjusted operating income was $226 million, well ahead of Palantir’s forecast of $196 million to $200 million.
My wife is 76, born in 1948. She retired at full retirement age and currently collects $1,076 per month. I will be retiring and start collecting at 70 this year (I was born in 1954). When I collect $4,000+ per month does her monthly payment go up to spousal benefit automatically or does it have […] The post When I Claim My $4,000 Social Security, Will My Wife Automatically Get a Spousal Benefit? appeared first on SmartReads by SmartAsset.
Prepare yourself for a big shock.
The Oracle of Omaha's short-term actions and long-term ethos don't always mesh.
The industrial giant has taken the right actions in cutting its dividend and clarifying its legal issues, and it is now fully in restructuring mode.
Nvidia is on fire! But this titan is nipping at its heels.
(Bloomberg) -- David Einhorn put it bluntly: The valuation-be-damned boom in passive investing has “fundamentally broken” markets as it proceeds to crush the time-honored hunt for cheap-looking stocks across Wall Street — year after year. Most Read from BloombergIsrael Says a Cease-Fire Plan Backed by Hamas Falls ShortJack Dorsey Leaves Bluesky Board, Calls X ‘Freedom Technology’Russians Are Coming to Terms With Putin’s War in UkraineAt $2 Million Per Minute, Treasuries Mint Cash Like Never Befo
While a high yield today is great, finding companies that consistently increase dividends can provide greater returns in the long run. These four companies just took steps to reward their shareholders with higher payouts, demonstrating a commitment to ...
The firm and its founder have agreed to pay a combined $12 million in penalties and to a permanent suspension.