Tag: Stock Market News

Lyft Inc Plans To Launch The Roadshow For Its Initial Public Offering (IPO) During The Week Of March 18

Lyft now expects to be valued at between $20 billion and $25 billion in its IPO, the sources said, adding that the roadshow is expected to last for about two weeks. The sources cautioned that the plans were still subject to change and market conditions.

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Major Global Powers Ordered To Stop Trading Oil And Gold Assets With The Venezuela

In a statement published Monday, 11 of the 14 members of the Lima Group called for a “peaceful transition through political and diplomatic means without the use of force.”

The group also underscored the need for an urgent delivery of humanitarian aid and insisted international governments “take measures to prevent the Maduro regime … from doing business in oil, gold and other assets.”

Alphabet Inc. revenue grew 22% year over year to $39.3 billion, beating Wall Street’s forecasts. But, as is often the case, what Google spends sometimes overshadows what it makes

Alphabet Inc., parent company of the Internet search giant, reported mostly strong fourth-quarter results Monday afternoon. Revenue grew 22% year over year to $39.3 billion, beating Wall Street’s forecasts. That was driven by yet another quarter of 20% growth for the company’s colossal advertising business, which now generates more than $116 billion in revenue annually.