Someone with a lot of money to spend (and possibly insider knowledge) has taken an unusually bullish stance on Uber Technologies: UBER.
And retail traders should know.
Inflation continues to be a major issue, but today’s August consumer price index (CPI) report offered a flash of hope for anyone who wants to see prices start coming down a bit.
The large-cap U.S. internet industry has seen very strong gains from its March 2020 lows, and there are still opportunities for investors to capitalize on a mixture of growth, free cash flow dynamics and capital allocation, according to an analyst at Goldman Sachs.
Toast Inc (NYSE: TOST) aims for a valuation of over $16 billion in its U.S. initial public offering (IPO), based on the expected 499.3 million shares of Class A common stock and Class B common stock outstanding after this offering.