Pinterest and Zoom have had exciting IPOs—here’s what to know if you’re thinking of investing

Image-sharing platform Pinterest and videoconferencing company Zoom are two of a handful of big-name tech companies that went public or plan to go public this year. Ride-hailing app Lyft listed earlier this year, while Uber is planning its IPO for later this spring. If you’re interested in buying stock in one of these companies, experts urge caution. Lyft is a good case study of why it can be smart to sit out an initial public offering, Arielle O’Shea, NerdWallet’s investing and retirement speci


Image-sharing platform Pinterest and videoconferencing company Zoom are two of a handful of big-name tech companies that went public or plan to go public this year. Ride-hailing app Lyft listed earlier this year, while Uber is planning its IPO for later this spring. If you’re interested in buying stock in one of these companies, experts urge caution. Lyft is a good case study of why it can be smart to sit out an initial public offering, Arielle O’Shea, NerdWallet’s investing and retirement speci
Pinterest and Zoom have had exciting IPOs—here’s what to know if you’re thinking of investing Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-04-22  Authors: alicia adamczyk, rich polk, getty images, -arielle oshea, investing, retirement specialist
Keywords: news, cnbc, companies, went, companies, ipo, investing, good, pinterest, youre, waiting, exciting, buying, zoom, know, iposheres, public, weeks, thinking


Pinterest and Zoom have had exciting IPOs—here's what to know if you're thinking of investing

Image-sharing platform Pinterest and videoconferencing company Zoom are two of a handful of big-name tech companies that went public or plan to go public this year. Ride-hailing app Lyft listed earlier this year, while Uber is planning its IPO for later this spring.

If you’re interested in buying stock in one of these companies, experts urge caution. For starters, they suggest waiting a few months for their price to settle.

Lyft is a good case study of why it can be smart to sit out an initial public offering, Arielle O’Shea, NerdWallet’s investing and retirement specialist, tells CNBC Make It. The company’s shares are down around 20% since its IPO, highlighting the volatility that often follows a public offering.

“If you had waited just a few weeks, you would be buying at quite a discount, so that’s a good illustration of what can happen if you act too fast,” she says. “The average investor should tread carefully around an IPO.”


Company: cnbc, Activity: cnbc, Date: 2019-04-22  Authors: alicia adamczyk, rich polk, getty images, -arielle oshea, investing, retirement specialist
Keywords: news, cnbc, companies, went, companies, ipo, investing, good, pinterest, youre, waiting, exciting, buying, zoom, know, iposheres, public, weeks, thinking


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How India’s economy went from weak to fastest growing in the world

Indian voters are deciding on their next prime minister and one key issue that could sway voters is how much Prime Minister Narendra Modi has done with the country’s economy. India’s economy is the fastest growing large economy in the world. The United Nations expects India’s current population of 1.3 billion to keep growing and surpass China by 2024. A few years ago, Prime Minister Modi, promised to add 10 million jobs to help boost the economy. And GDP per capita, which is a measure of wealth


Indian voters are deciding on their next prime minister and one key issue that could sway voters is how much Prime Minister Narendra Modi has done with the country’s economy. India’s economy is the fastest growing large economy in the world. The United Nations expects India’s current population of 1.3 billion to keep growing and surpass China by 2024. A few years ago, Prime Minister Modi, promised to add 10 million jobs to help boost the economy. And GDP per capita, which is a measure of wealth
How India’s economy went from weak to fastest growing in the world Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-04-18  Authors: natalie zhang
Keywords: news, cnbc, companies, wide, prime, weak, world, modi, country, indias, china, growing, economy, fastest, voters, minister, went


How India's economy went from weak to fastest growing in the world

Indian voters are deciding on their next prime minister and one key issue that could sway voters is how much Prime Minister Narendra Modi has done with the country’s economy.

India’s economy is the fastest growing large economy in the world. The United Nations expects India’s current population of 1.3 billion to keep growing and surpass China by 2024.

However, the country is facing a few obstacles.

A few years ago, Prime Minister Modi, promised to add 10 million jobs to help boost the economy.

That hasn’t really happened. The unemployment rate now sits at a 45-year high. And GDP per capita, which is a measure of wealth across a country, lags behind rivals like China by a wide margin.

Can India keep growing at such a fast pace? And if it does, at what cost?


Company: cnbc, Activity: cnbc, Date: 2019-04-18  Authors: natalie zhang
Keywords: news, cnbc, companies, wide, prime, weak, world, modi, country, indias, china, growing, economy, fastest, voters, minister, went


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Before life goes sideways, be sure to do these 3 things

Her husband, Jose, had been in a terrible accident and was now in intensive care, irreparably wounded. A week later, with no signs of brain function, he was removed from life support and died. She wasn’t sure of all their coverage, and she couldn’t easily locate the phone number for their insurance company. A few things kept recurring, and she said, “If we had had these few things done, there would have been less to answer. The site went viral and Reynolds wrote “What Matters Most,” a guide to w


Her husband, Jose, had been in a terrible accident and was now in intensive care, irreparably wounded. A week later, with no signs of brain function, he was removed from life support and died. She wasn’t sure of all their coverage, and she couldn’t easily locate the phone number for their insurance company. A few things kept recurring, and she said, “If we had had these few things done, there would have been less to answer. The site went viral and Reynolds wrote “What Matters Most,” a guide to w
Before life goes sideways, be sure to do these 3 things Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-04-17  Authors: jill cornfield, scott mlyn, source, liz gendreau, -chanel reynolds, author, what matters most
Keywords: news, cnbc, companies, things, wrote, wounded, wasnt, week, insurance, sideways, wanther, sure, went, life, reynolds, wills, goes


Before life goes sideways, be sure to do these 3 things

Chanel Reynolds got the call you never want.

Her husband, Jose, had been in a terrible accident and was now in intensive care, irreparably wounded. A week later, with no signs of brain function, he was removed from life support and died. Meanwhile, Reynolds realized they had wills, but they were not signed or notarized. She wasn’t sure of all their coverage, and she couldn’t easily locate the phone number for their insurance company.

A super-organized project manager, Reynolds says her organizing skills were extremely helpful. At the same time, she said, it was “humiliating that I was so disorganized and felt so helpless.”

Holding her thumb and fingers several inches apart to represent a stack of paper, Reynolds said the mail piled up and all she could do was stare at it, paralyzed.

When she recovered from an unrecoverable time, Reynolds created GYST.com in 2013 to share what she’d learned. (GYST stands for Get Your S— Together.) A few things kept recurring, and she said, “If we had had these few things done, there would have been less to answer. I hoped family and friends would share.”

The site went viral and Reynolds wrote “What Matters Most,” a guide to wills, money and insurance — and where to start when you don’t even know you need to do this.


Company: cnbc, Activity: cnbc, Date: 2019-04-17  Authors: jill cornfield, scott mlyn, source, liz gendreau, -chanel reynolds, author, what matters most
Keywords: news, cnbc, companies, things, wrote, wounded, wasnt, week, insurance, sideways, wanther, sure, went, life, reynolds, wills, goes


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Game of Thrones Season 8 episode 1 streamed early by AT&T

AT&T accidentally streamed the highly anticipated Season 8 opener of “Game of Thrones” four hours early for some customers on Sunday evening. Most people needed to wait until 9 p.m. local time to watch the episode. AT&T owns HBO through its acquisition of Time Warner, which was completed last year after a year-long merger process. The Department of Justice attempted to stop the merger after it went through, but its case fell apart in February. “Apparently our system was as excited as we were for


AT&T accidentally streamed the highly anticipated Season 8 opener of “Game of Thrones” four hours early for some customers on Sunday evening. Most people needed to wait until 9 p.m. local time to watch the episode. AT&T owns HBO through its acquisition of Time Warner, which was completed last year after a year-long merger process. The Department of Justice attempted to stop the merger after it went through, but its case fell apart in February. “Apparently our system was as excited as we were for
Game of Thrones Season 8 episode 1 streamed early by AT&T Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-04-15  Authors: todd haselton, source
Keywords: news, cnbc, companies, watch, yearlong, customers, streamed, att, merger, early, went, game, season, thrones, episode


Game of Thrones Season 8 episode 1 streamed early by AT&T

AT&T accidentally streamed the highly anticipated Season 8 opener of “Game of Thrones” four hours early for some customers on Sunday evening.

Most people needed to wait until 9 p.m. local time to watch the episode. However, news website Insider spotted people on Twitter who were able to watch it beginning right around 5 p.m. ET. While it’s a relatively minor flop, it’s an indication again that streaming services are still struggling with reliability.

AT&T owns HBO through its acquisition of Time Warner, which was completed last year after a year-long merger process. The Department of Justice attempted to stop the merger after it went through, but its case fell apart in February.

“Apparently our system was as excited as we were for ‘Game of Thrones’ last night and gave a few DIRECTV Now customers early access to the episode by mistake,” AT&T told CNBC. “When we became aware of the error, we immediately fixed it.”


Company: cnbc, Activity: cnbc, Date: 2019-04-15  Authors: todd haselton, source
Keywords: news, cnbc, companies, watch, yearlong, customers, streamed, att, merger, early, went, game, season, thrones, episode


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The budget breakdown of a 28-year-old veteran who supports his family on $90,000 a year

This story is part of CNBC Make It’s Millennial Money series, which profiles people across the U.S. and details how they earn, spend and give away their money. The 28-year-old husband and father works hard to support himself, his wife Jimena, and their two-year-old daughter, Valentina, on the $90,000 income he earns as the bar manager at his family’s Mexican restaurant in South Florida. Dominguez never expected to end up working alongside his own father. “I went to school purposefully to not be


This story is part of CNBC Make It’s Millennial Money series, which profiles people across the U.S. and details how they earn, spend and give away their money. The 28-year-old husband and father works hard to support himself, his wife Jimena, and their two-year-old daughter, Valentina, on the $90,000 income he earns as the bar manager at his family’s Mexican restaurant in South Florida. Dominguez never expected to end up working alongside his own father. “I went to school purposefully to not be
The budget breakdown of a 28-year-old veteran who supports his family on $90,000 a year Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-04-11  Authors: emmie martin, cnbc make it, source, -emilio dominguez, bar manager, casa maya grill, -andrew westlin, certified financial planner at betterment
Keywords: news, cnbc, companies, 90000, way, veteran, 28yearold, father, worked, wasnt, restaurant, went, supports, budget, working, breakdown, wife, family, works


The budget breakdown of a 28-year-old veteran who supports his family on $90,000 a year

This story is part of CNBC Make It’s Millennial Money series, which profiles people across the U.S. and details how they earn, spend and give away their money.

To Emilio Dominguez, family is everything.

The 28-year-old husband and father works hard to support himself, his wife Jimena, and their two-year-old daughter, Valentina, on the $90,000 income he earns as the bar manager at his family’s Mexican restaurant in South Florida.

Dominguez never expected to end up working alongside his own father. “I went to school purposefully to not be in the restaurant business,” he tells CNBC Make It. “I saw the hours my dad worked and and how much time he had to commit to it, and I thought that that wasn’t for me.”

But, he found, “sometimes life has a way of putting you back where you need to be.”


Company: cnbc, Activity: cnbc, Date: 2019-04-11  Authors: emmie martin, cnbc make it, source, -emilio dominguez, bar manager, casa maya grill, -andrew westlin, certified financial planner at betterment
Keywords: news, cnbc, companies, 90000, way, veteran, 28yearold, father, worked, wasnt, restaurant, went, supports, budget, working, breakdown, wife, family, works


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Levi Strauss swings to profit in its first earnings release since IPO

Shares of Levi Strauss & Co. rose in extended trading Tuesday after the world’s biggest jeans seller reported its first quarterly earnings since its initial public offering on the New York Stock Exchange last month. Levi Strauss went public a second time on March 21, 2019 in order to give its owners a chance to cash out on some of their holdings. The 166-year old company first went public in 1971, but has been a private company for the last 34 years. Blue jeans giant Levi Strauss & Co. began tra


Shares of Levi Strauss & Co. rose in extended trading Tuesday after the world’s biggest jeans seller reported its first quarterly earnings since its initial public offering on the New York Stock Exchange last month. Levi Strauss went public a second time on March 21, 2019 in order to give its owners a chance to cash out on some of their holdings. The 166-year old company first went public in 1971, but has been a private company for the last 34 years. Blue jeans giant Levi Strauss & Co. began tra
Levi Strauss swings to profit in its first earnings release since IPO Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-04-09  Authors: maggie fitzgerald, lucas jackson
Keywords: news, cnbc, companies, share, york, profit, prior, went, earnings, stock, public, rose, ipo, swings, levi, strauss, release, trading


Levi Strauss swings to profit in its first earnings release since IPO

Shares of Levi Strauss & Co. rose in extended trading Tuesday after the world’s biggest jeans seller reported its first quarterly earnings since its initial public offering on the New York Stock Exchange last month.

For the first quarter, Levi said it swung to earnings of $146.6 million, or 37 cents per share, from a loss of $19 million or 5 cents a share, a year ago. The year ago period included a tax-related charge.

Revenue rose 7% to $1.44 billion from the prior period. It was up 11% on a constant currency basis.

There weren’t any estimates from Wall Street analysts for this quarter.

“Growth was broad-based across all three regions and all channels, demonstrating that our strategies are working and our investments are paying off,” said Chip Bergh, its president and CEO in a press release.

Levi reiterated its previous forecast, saying it expects revenue for the full year to rise by a mid-single digit percentage rate.

Levi Strauss went public a second time on March 21, 2019 in order to give its owners a chance to cash out on some of their holdings. The 166-year old company first went public in 1971, but has been a private company for the last 34 years.

Blue jeans giant Levi Strauss & Co. began trading at $22.22 a share, after having priced its initial public offering at $17 a share the night prior. The stock surged more than 30% on its first day of trading.

Levi closed at $21.88 on Tuesday. The stock is up more than 25 percent since its first day of trading on the New York Stock Exchange.


Company: cnbc, Activity: cnbc, Date: 2019-04-09  Authors: maggie fitzgerald, lucas jackson
Keywords: news, cnbc, companies, share, york, profit, prior, went, earnings, stock, public, rose, ipo, swings, levi, strauss, release, trading


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How Casper’s founders went from $100,000 in debt to building a billion-dollar mattress start-up

That early success helped attract more money from big-name investors — including celebrities like actors Leonardo DiCaprio and Ashton Kutcher and rappers Nas and 50 Cent — which, in turn, helped spread word about the brand. In 2017, retail giant Target reportedly looked into buying Casper for $1 billion, but instead invested a reported $75 million in the company and started selling Casper products in its stores. Since launching, Casper has raised nearly $340 million from investors, and the compa


That early success helped attract more money from big-name investors — including celebrities like actors Leonardo DiCaprio and Ashton Kutcher and rappers Nas and 50 Cent — which, in turn, helped spread word about the brand. In 2017, retail giant Target reportedly looked into buying Casper for $1 billion, but instead invested a reported $75 million in the company and started selling Casper products in its stores. Since launching, Casper has raised nearly $340 million from investors, and the compa
How Casper’s founders went from $100,000 in debt to building a billion-dollar mattress start-up Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-04-05  Authors: tom huddleston jr, source, courtesy of casper
Keywords: news, cnbc, companies, selling, million, caspers, casper, success, company, mattresses, sleep, debt, building, 100000, went, billiondollar, founders, startup, helped, investors, mattress


How Casper's founders went from $100,000 in debt to building a billion-dollar mattress start-up

Casper co-founder Neil Parikh

Parikh and the other Casper founders had expected to sell about $1.8 million worth of mattresses in their first year, but instead they hit that number in just two months. That early success helped attract more money from big-name investors — including celebrities like actors Leonardo DiCaprio and Ashton Kutcher and rappers Nas and 50 Cent — which, in turn, helped spread word about the brand.

In 2017, retail giant Target reportedly looked into buying Casper for $1 billion, but instead invested a reported $75 million in the company and started selling Casper products in its stores. Since launching, Casper has raised nearly $340 million from investors, and the company is currently valued at $1.1 billion, Casper said last month.

In 2018, Casper topped $400 million in annual revenue, the company says. That number is likely to continue growing in 2019, which could also be the first year that Casper reaches profitability (according to leaked financials recently reported by The Information), as the costs of growing the startup have reportedly outweighed its increasing revenue streams.

Meanwhile, Casper’s success has helped spawn a king-sized list of rivals, who are looking to follow the path Casper blazed selling affordable, quality mattresses online. Now, Casper has to compete with other well-funded start-ups with similar models, like Leesa Sleep (which has raised more than $30 million from investors like Seventh Generation CEO John Replogle and TOMS shoes founder Blake Mycoskie) and Purple Innovation (which is publicly traded with a market value of over $250 million), as well as fellow direct-to-consumer brands like Tuft & Needle (which Serta Simmons acquired last year) and Eight Sleep (which uses hidden sensors to track your sleep cycles).

And, while the rise of online mattress-sellers has hurt traditional retailers (Mattress Firm, the largest US mattress retailer, filed for bankruptcy in October), it has also inspired other large retailers to dip their toes into the industry. Last year, retail giant Walmart joined the fray by launching its own online-only mattress and bedding brand, called Allswell, while Amazon (which sells Casper products on its site) quietly entered the mattress market last fall by selling memory foam mattresses from its AmazonBasics and Rivet brands. (The higher-end Rivet mattresses even come with a free 100-night trial and cost from $449 to over $620.)

The growing list of competitors obviously presents a major threat to Casper’s run of success. But Casper isn’t sleeping on its competition, as the company continues to expand into new product areas (along with mattresses, Casper now sells pillows, sheets, dog mattresses and, most recently, an $89 bedside light called the Casper Glow lamp).


Company: cnbc, Activity: cnbc, Date: 2019-04-05  Authors: tom huddleston jr, source, courtesy of casper
Keywords: news, cnbc, companies, selling, million, caspers, casper, success, company, mattresses, sleep, debt, building, 100000, went, billiondollar, founders, startup, helped, investors, mattress


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Thailand held an election more than a week ago — voters still don’t know who won

Thailand held a long-awaited general election on March 24 after five years of military rule. But the country’s new government will not be formed until May, which is when the final election outcome is expected to be released. No single party has so far emerged as a clear winner in the lower chamber vote, setting the stage for further uncertainty and political wrangling that could stretch on for months. On Thursday, the Election Commission of Thailand posted preliminary results on its website — wh


Thailand held a long-awaited general election on March 24 after five years of military rule. But the country’s new government will not be formed until May, which is when the final election outcome is expected to be released. No single party has so far emerged as a clear winner in the lower chamber vote, setting the stage for further uncertainty and political wrangling that could stretch on for months. On Thursday, the Election Commission of Thailand posted preliminary results on its website — wh
Thailand held an election more than a week ago — voters still don’t know who won Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-04-01  Authors: yen nee lee, ye aung thu, afp, getty images, -surakiart sathirathai, former thai cabinet member
Keywords: news, cnbc, companies, know, winner, ago, won, lower, election, went, week, party, chamber, dont, wrangling, held, website, political, voters, thailand


Thailand held an election more than a week ago — voters still don't know who won

Thailand held a long-awaited general election on March 24 after five years of military rule.

But the country’s new government will not be formed until May, which is when the final election outcome is expected to be released.

No single party has so far emerged as a clear winner in the lower chamber vote, setting the stage for further uncertainty and political wrangling that could stretch on for months.

On Thursday, the Election Commission of Thailand posted preliminary results on its website — which came after reporters and the public spotted discrepancies in earlier tallies.

Despite the lack of clarity on which way the votes went, two opposing political camps have claimed the right to form the new government.

Pheu Thai, an anti-military party linked to ousted former Prime Minister Thaksin Shinawatra, banded with six other parties. The alliance projected that it has at least 255 out of 500 seats in the House of Representatives, the lower chamber of Thailand’s legislative branch.


Company: cnbc, Activity: cnbc, Date: 2019-04-01  Authors: yen nee lee, ye aung thu, afp, getty images, -surakiart sathirathai, former thai cabinet member
Keywords: news, cnbc, companies, know, winner, ago, won, lower, election, went, week, party, chamber, dont, wrangling, held, website, political, voters, thailand


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Lyft’s highly anticipated IPO is here—3 experts share their thoughts

The ride-hailing company went public Friday, surging 20 percent above its initial offering price of $72. The shares traded in the $80 to $88 range for most of the session, with more than 19 million shares traded as of noon Friday. Market watchers are largely encouraged by Lyft’s successful opening, as it marks the first of several handful highly anticipated big tech IPOs this year, but some worry about its competitive positioning. So I’m really, really glad that this went off without a hitch and


The ride-hailing company went public Friday, surging 20 percent above its initial offering price of $72. The shares traded in the $80 to $88 range for most of the session, with more than 19 million shares traded as of noon Friday. Market watchers are largely encouraged by Lyft’s successful opening, as it marks the first of several handful highly anticipated big tech IPOs this year, but some worry about its competitive positioning. So I’m really, really glad that this went off without a hitch and
Lyft’s highly anticipated IPO is here—3 experts share their thoughts Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-03-29  Authors: lizzy gurdus, mike blake, shannon stapleton, scott mlyn, brendan smialowski, afp, getty images, rosley majid, eyeem, kcna
Keywords: news, cnbc, companies, anticipated, public, thoughts, went, stocks, really, experts, today, highly, lyfts, uber, shares, ipo, traded, share, think, here3


Lyft's highly anticipated IPO is here—3 experts share their thoughts

Lyft has arrived.

The ride-hailing company went public Friday, surging 20 percent above its initial offering price of $72. The shares traded in the $80 to $88 range for most of the session, with more than 19 million shares traded as of noon Friday.

Market watchers are largely encouraged by Lyft’s successful opening, as it marks the first of several handful highly anticipated big tech IPOs this year, but some worry about its competitive positioning.

Here are three Wall Street experts’ takes on Lyft’s IPO:

Josh Brown, co-founder and CEO of Ritholtz Wealth Management and a CNBC contributor, called the stock’s opening action “fantastic,” though he wasn’t exactly a buyer:

“I just love that I’m talking to young investors now and they are excited about stocks, and this is part of the reason. They know this company. They use it. It’s actually friendlier to the younger generation than Uber is in terms of pricing and some of the various ways in which the app works. So I’m really, really glad that this went off without a hitch and that it’s being supported in the aftermarket. Now, does that mean you want to invest in it? No, I don’t. I think it’s a taxi company.”

Roger McNamee, co-founder of Elevation Partners, harbored concerns about the prospect of a publicly traded Uber, which is also expected to go public in 2019:

“This is a fantastic deal for the Lyft management team and for the early investors. I think for the public market buyer coming in today, this is going to be a lot dicier, and because it’s the first one out, it’s not crazy to imagine the stock does well initially, but in the long run, they have this fundamental problem. It’s not a profitable business today and they have a really well-financed, much larger competitor. And the two of them, I think, are just going to have to slug it out until one of them either runs out of cash or the two of them merge.”

Business Insider founder and CEO Henry Blodget addressed worries around Lyft’s valuation, which is currently hovering around $25 billion:


Company: cnbc, Activity: cnbc, Date: 2019-03-29  Authors: lizzy gurdus, mike blake, shannon stapleton, scott mlyn, brendan smialowski, afp, getty images, rosley majid, eyeem, kcna
Keywords: news, cnbc, companies, anticipated, public, thoughts, went, stocks, really, experts, today, highly, lyfts, uber, shares, ipo, traded, share, think, here3


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