Slipped in the limelight as it stocks surged on its very first day of trading but the company has yet to turn a profit is it taking investors for a ride. Also on the show the latest round of u. S. China trade talks is over Officials Say they were constructive but havent said how. Or bad news for boeing amid reports that the Anti Stall System was on and that Ethiopian Airlines flight crashed. Business im joined on in berlin thanks for joining us its the first friday hailing company to go public lift sped past its bigger rival beating it all the way to wall street high demand for the offer lifted lift stock erased two point Three Billion dollars in the i. P. O. Its market debut is expected to set the stage for our other companies preparing to
get listed but some are warning of too much excitement too fast. I fridays now stock trading right at the California Headquarters of the ride sharing it almost being seen as a Turning Point for the socalled Sharing Economy founded in twenty companie
To richs tire style however once for some of the fisherman is making millions today selling fish on facebook. This is business. As welcome as a military clash between the u. S. And iran looks only to have been narrowly averted the tensions are making the air above iran unsafe some of the worlds biggest allies voiding flying over the over a section of iranian airspace after a u. S. Military drone was shot down americas federal Aviation Administration has banned all u. S. Registered passenger jets from passing through iranian controlled parts of the gulf of oman and the Strait Of Hormuz other carriers are also taking action. A Global Hawk Drone like this one has a wingspan greater than a boeing 737 after one was downed over the Strait Of Hormuz the u. S. Federal Aviation Administration began to fear an actual commercial jetliner could be next the f. A. A. Says the nearest civil aircraft was around 80 kilometers away when the strike
happened in the busy section of sky he clearly thinks th
stocks made their wall street debut, gamestop soaring for no apparent reason. there were hedge funds trying to short gamestop by betting its stock would go down so they could make money, but for the first time a group of very small individual investors banded together on reddit to drive up the price and a whole lot of pros plus a whole lot of money and it could have fundamentally changed the game for good. let s find out. cnbc s frank holland has been all over this story, also with us, josh brown. frank, it has been a year since small traders tried to flip the script. what kind of lasting impact has it had? number one, happy new year, stephanie. i haven t seen you in a while. the billing impact is a combination of empowerment and increased interest in the stock market. a lot of people think the increased interest, the little guy on their personal computer, that s pushed the s&p to 16 record closes in 2021 compared