PLDT (PHI) closed at $22.28 in the latest trading session, marking a -0.76% move from the prior day. This change lagged the S&P 500’s 0.58% gain on the day. Meanwhile, the Dow gained 0.14%, and the Nasdaq, a tech-heavy index, added 1.66%. Coming into today,
APR 16, 2020 12:15PM EDT Buying stocks for less than they are truly worth is a great way to build tremendous wealth in the stock market. Value investing is a proven strategy used by legendary investors, including Warren Buffett, to build massive fortunes. You, too, could
TheKerpluk – Nitin Khanna is an Indian American serial entrepreneur. Having found success in technology (he sold his software company to EDS for $473MM), investment banking (his M&A advisory firm Mergertech is one of the leaders in helping founders sell their mobile tech businesses), and
The more we learn about the WeWork debacle, the more head-scratching it gets. According to a news report from The Telegraph, WeWork co-founder and ousted CEO Adam Neumann unloaded $361 million worth of shares when Japanese investment conglomerate SoftBank first invested in the company in 2017. And he wasn’t the only
As we look at the current economic situation and try to navigate what’s ahead, an analysis of the 2008 downturn and how that impacted funding proves helpful. In an effort to help our readers put what’s happening today into context, we jumped aboard an analytical
In a March 5th post titled Coronavirus: The Black Swan of 2020, Sequoia Capital confirmed it is already seeing a drop in business activity, disruption of the supply chain and travel curtailment. The firm’s guidance to startups is to assess their runway (as future financing might become challenging),
As COVID-19 spreads across the world, hospitals have become ground zero for the virus. It can be challenging for all the surfaces in a hospital room to be thoroughly disinfected when that room is being cleaned and prepared for the next patient. This poses obvious health risks,
The market has been rattled by the global coronavirus pandemic, most notably with the Dow Jones Industrial Average having the largest single-day decline since 1987. Stocks are down, we haven’t seen S-1 filings from startups we anticipated would go public this year and some newly