Internet analyst Tom White told CNBC on Monday that he’s “surprised” to see Lyft shares actually go higher on lockup expiration day. “I was expecting [a down day]. I think it reflects that this company’s been private for a very long time,” the D.A. Davidson senior research analyst said. “We’re clearly seeing some selling from
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Plaza indepedencia with the building Palacio Salvo and the statue of Jose Artigas in Montevideo, Uruguay. Vale_t | Getty Images Wealthy or not, it’s good to know where the well-do-to are vacationing and where the up-and-coming “it” destinations will be for the next few seasons. A shortcut to that intel comes from the advisors who
A Porsche that was expected to sell for over $20 million flopped on the auction block Saturday night, after the sale was thrown into disarray by a technical error. The car, a 1939 Porsche “Type 64” that was already facing controversy in the collecting world, hit the auction block Saturday night at RM Sotheby’s in
Apple CEO Tim Cook Spencer Platt | Getty Images The two recent incidents involving Apple products show a growing risk to the company’s brand: the lithium-ion batteries that power its devices. First, the Federal Aviation Administration disclosed last week that some Apple laptops have been banned from flights. This comes after Apple recalled some 15-inch
Facebook told CNBC it has hired Daniel Povey, a speech recognition researcher who was fired this week from Johns Hopkins University. Dan Povey Fired Johns Hopkins professor Daniel Povey will not work for Facebook after all, he told CNBC on Friday. In May, Povey used bolt cutters to attempt to forcibly enter one of the school’s buildings