Finance
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$30 billion Lone Pine — the Tiger Cub with big stakes in Shopify, Facebook, and Microsoft — is reaping huge gains in 2020
Lone Pine Capital, the Tiger Cub founded by Stephen Mandel Jr., is up more than 23% in its flagship long-short fund through...
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Teen-focused bank Step just raised a $50 million Series B that included TikTok megastar Charli D’Amelio. Its CEO explains why influencers are critical to the startup’s marketing strategy.
Step is a no-fee digital bank for teenagers, offering secured credit cards and an app. It’s working with influencers like TikTok megastar...
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316Saudi Arabia’s wealth fund plans to raise $7 billion to plow into new investments, report says
Saudi Crown Prince Mohammed bin Salman. FAYEZ NURELDINE/AFP/Getty Images Saudi Arabia’s Public Investment Fund, which is among the largest in the world,...
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333An $11 billion tech-focused hedge fund scored a 52% gain by betting on Tesla and against scandal-ridden Wirecard this year, a report said
Britta Pedersen-Pool/Getty Images Coatue Management scored a 52% gain this year by betting on Tesla and against German fintech Wirecard, the Financial...
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Dealmaking on a hot streak — Fintech-as-a-service — DoorDash’s IPO paperwork looks off
Almost the weekend! The timeline for a coronavirus vaccine is speeding up considerably, with a new outline for the US government’s Operation...
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Trading and investing are two approaches to playing the stock market that bring their own benefits and risks
Trading and investing are two different approaches to the stock market, and which is better depends largely on your time commitment and...
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A key chart in DoorDash’s IPO filing doesn’t ‘pass the smell test,’ and experts say the delivery giant may need to refile its S-1 to clear it up
DoorDash is eyeing a monster IPO that could value the company at up to $32 billion. Paramount to the company’s story is...
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Tesla just settled its yearslong lawsuit with a whistleblower who enraged Elon Musk. But accounting experts say it leaves questions about where hundreds of millions of dollars went.
Leaked documents in a court case between Tesla and a former employee indicate that the company was burning through hundreds of millions...
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This chart shows how the Salesforce acquisition of Slack for $27.7 billion stacks up against tech’s largest deals ever (MSFT, CRM, WORK)
5. Salesforce intends to buy Slack for $27.7 billion. Marc Benioff, Salesforce CEO & cofounder Salesforce With the acquisition of Slack, Salesforce...
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485Visa will offer a credit card that rewards purchases in Bitcoin, rather than cash or airline miles, in early 2021
BlockFi Visa will launch a credit card that rewards users in Bitcoin, instead of the traditional cash, or airline miles, in early...