Anticipated ipos cnbc confirms that doordash and airbnb is expected to release the valuations in the upcoming s1 amendments and particularly door dash seems to be employing a technique that weve seen before from epic in doing this ipo pricing process and also getting quite bate of interest because of the pandemic right with so many more options like a three main options on the table now to go public, its interesting that door dash is forging its own way, elements of the traditional ipo with an auction process. Carl and jon, what is interesting about these two ipos, they were talking about this earlier, i heard leslie say something, benefitting in different ways from the pandemic also the strategy. They went to local smaller markets, particularly doordash going to the suburbs but, carl, you see airbnb, there were not many options to go to hotels or get great lodging in the smaller places thats all people want to do now. The they want to avoid the big cities and go, you know, outside of
Many students today take the s. A. T. During the spring, during the school day. Thats about 700,000 students who missed that chance. Woodruff all that and more on tonights pbs newshour. Major funding for the pbs newshour has been provided by life isnt a straight line, and sometimes you can find yourself heading in a new direction. Fidelity is here to help you work through the unexpected, with Financial Planning and advice for today, and tomorrow. The william and flora hewlett foundation. For more than 50 years, advancing ideas and supporting institutions to promote a better world. At www. Hewlett. Org. And with the ongoing support of these institutions this program was made possible by the corporation for public broadcasting. And by contributions to your pbs station from viewers like you. Thank you. Major new developments in the covid19 pandemic. The United States reaches 90,000 deaths out of 1. 5 million cases, as more of the country loosens restrictions. There is potentially promisin
Many students today take the s. A. T. During the spring, during the school day. Thats about 700,000 students who missed that chance. Woodruff all that and more on tonights pbs newshour. Major funding for the pbs newshour has been provided by life isnt a straig line, and sometimes you can find yourself heading in a new direction. Fidelity is here to help you work through the unexpected, with Financial Planning and advice for today, and tomorrow. The william and flora hewlett foundation. For more than 50 years, advancing ideas and supporting institutions to promote a better world. At www. Hewlett. Org. And with the ongoing support of these institutions this program was made possible by the corporation for public broadcasting. And by contributions to your pbs station from viewers like you. Thank you. Major new developments in the covid19 pandemic. The United States reaches 90,000 deaths out of 1. 5 million cases, as more of the country loosens restrictions. There is potentially promising
States, again launching these initiatives right now to really unwind this process. By the end of the week the country as a whole will be 50 freer, if you will, or less locked down when all of this started. So that is a Big Development here. As people get back, a lot of them look forward to the memorial day weekend which they can see themselves going to beaches and the rest. The trend is share friend. Certainly concerner of wall and broad a very big trend at that. Well pick that apart with technology action, retail action, oil action. That has been dancing today. It is interesting to point out right now the dow and the s p and the nasdaq, forget about the nasdaq, already in positive territory on the year, it is not more than 5 from alltime highs, my friends, alltime highs. When you look at the dow and the nasdaq, they are respectfully down 13 , 9 , from where they started, when all of this was careening. Think about that, how much of a comeback the markets have seen. A lot of it built o
Against midway, against the japanese in world war ii the s p jumping 6. 24 . The nasdaq gaining 5. 60 in spite of the hideous jobless claims number in history this is the best day since 1931. So far covid19 has run the table against us we were not prepared and this virus has had us on our heels the whole way. Attacking the very basis of our civilization, life, liberty and especially the pursuit of happiness which in this case means the right to watch march madness, grab a beer, see Cirque Du Soleil in vegas at least until today were up against an insanely bullish last few minutes of trading. Astonishing return for large caps bully. Weve seen big run in all things tech it wasnt coordinated. Like our initial attempts to homeland the line in world war ii we were overcome by a prettier prepared enemy, virus its killing people directly and killing the economy. Like the greedy win at midway, google, watch the movie, even the terrible remake. I am beginning to think we can hold off one of the