|Symbol||Name||Last Close||Mkt Cap||DailyStocks'
|SO||Southern Company (The)||$44.39||$45.02B||Uptrend|
Kirsten Gillibrand wants to be president, but for one night, she was hanging with queens.
The New York senator and Democratic hopeful stopped by a gay bar in Des Moines, Iowa, Friday night. She joined the girls backstage, swapped dresses with a drag queen, and painted her mug for the gods. (Translation:...
Massachusetts Sen. Elizabeth Warren on Friday threw her support behind left-wing efforts in Congress to impeach President Trump, making her the first major Democratic 2020 candidate to do so.
Warren’s announcement came one day after the release of special counsel Robert Mueller’s long-awaited report...
It didn’t take long for President Trump to decide the Mueller report wasn’t such a good thing after all.
On Thursday, the newly released report from special counsel Robert S. Mueller III was treated with near reverence by President Trump’s admirers and critics alike. The former embraced its conclusions...
When Chrissy Metz was filming her first scenes for "Breakthrough," she prayed like she had never prayed before. She cried, she wailed, she pleaded with God. She wept over her onscreen son's unresponsive body 10 times in a row, and brought tears to the eyes of her fellow cast and crew members.
(Bloomberg) -- Zoom Video Communications Inc. skyrocketed in its trading debut, soaring to more than 16 times its last private valuation and making a billionaire of its chief executive officer several times over.
That CEO, however, says the huge leap in the stock is piling the pressure on the company, which was valued at about $1 billion in a private funding round just two years ago.
“The price is too high,’’ Eric Yuan said in an interview with Bloomberg TV on Thursday. “Today, wow, there’s a big pop. It is out of our control. We can just go back to work.’’
Shares of the video-conferencing service rose as much as 83 percent above its initial public offering price, and closed up 72 percent at $62 at in New York, valuing the company at $15.9 billion. San Jose-based Zoom raised $751 million in its IPO Wednesday, in the fourth-biggest U.S. listing this year.
The jump in the shares puts Zoom’s valuation above that of two companies that raised more money in their recent IPOs. Tradeweb Markets Inc., which raised $1.1 billion in the third biggest U.S. listing this year, has climbed about 45 percent since its debut for a total value of about $8.7 billion. Pinterest Inc., which also started trading Thursday, climbed 28 percent to a market valuation of $12.9 billion.
At its highest price on Thursday, Zoom even briefly overtook the market valuation of Lyft Inc., the year’s biggest IPO so far. Shares of the ride-hailing company are down 19 percent since it raised $2.3 billion in March for a valuation of $16.7 billion.
Zoom, unlike most of tech unicorns that have gone public or plan to this year, has made a profit. It reported net income of $7.6 million for the year ended January on revenue of $331 million, compared with a loss of $3.8 million a year earlier on...
There are bad commercials, then there’s this one.
A bizarre ad for an Australian real estate company was so off the mark the company behind it had to issue an apology. The 2-minute, 25-second commercial advertises a beautiful home where a couple, whose connection to the home is unclear, seem to...