airbnb-isn’t-just-any-unicorn-about-to-ipo.-it-actually-makes-money

The newest stock market unicorn to announce its IPO plans is Airbnb. The short-term rental company, which has exploded in popularity over the past few years, announced that it may seek to file for its initial public offering next year. Its most recent fundraising round resulted in a valuation of $35 billion. Airbnb Justifies Its…

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lyft’s-loss-could-have-been-worse,-investors-throw-the-stock-a-lifeline

Lyft delivered second-quarter earnings which showed a smaller loss than expected, and investors are cheering the news by lifting the stock 5%. | Source: ShutterstockLyft delivered second-quarter earnings on Wednesday. Losses were still gigantic although a bit less than expected. The rest of the news was mostly bad but with a few bright points.Let’s parse…

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