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Adaptation. Imate bill gates wants to help invest nearly 2 trillion to help the world become more resilient. His thoughts on and dental solutions for Climate Change potential solutions for Climate Change. Wework was the roadshow that wasnt. Of the most anticipated debuts of the year is postponed until october. Theyre looking for time to calm investor doubts about its dropping valuation, governance problems and financials. Point, this was supposed to be a 47 billion company. That number is now 15 billion and could be even smaller. Joining me to discuss this was the cofounder and chief revenue en,icer at equity is an z a marketplace for preipo shares. Lot to address before they can go out to the investors and ask them for their they were looking for 47 billion and now we are hearing it could be as low as 12 billion to 15 billion. They have made a lot of changes to corporate gov ....
Departmentstice launches its own facebook probe as the social network is the focus of a federal trade commission investigation. Story,st to our top peloton falling 9. 5 percent after raising more than 1 billion in its u. S. Ipo. It is the latest unprofitable startup to struggle in its trading debut, but the ceo john foley remains upbeat about pelotons future. He spoke with jason kelly at the nasdaq. We are playing the long game. Millionsis as building and millions of subscribers around the globe in the coming years. Now we have the money to do that. After fully funded todays primary, so we are feeling confident. When you think about the last couple of days and weeks, you mentioned the market. It is a tricky ipo market, to say the least. Do you have a sense of where the miscalculation was . Fundraiser a eigth fundraiser. There are people who believe, and those who dont. Those who have invested in peloton, they have been very, they will invest in us. You mention fully funded. What will y ....
An antitrust probe overload. The u. S. Justice department launches its own facebook probe. This, as the social network is already the focus of a federal trade commission investigation. But first to our top story, pellet gun falling as much as 9. 5 after raising more than 1 billion in its u. S. Initial public offering. It is the latest unprofitable startup to struggle in its trading debut, but the ceo john foley remains upbeat about pelotons future. s jason with Bloomberg Kelly at the nasdaq. John we are playing the long game. We see this as building millions and millions of subscribers around the globe in the coming years. Now we have the money to do that. We are fully funded after todays primary, so we are feeling confident. Jason when you think about the last couple of days and weeks, you mentioned the market. It is a tricky ipo market, to say the least. Do you have a sense of where the miscalculation was . Or if there was one ....
And rapid climate adaptation. Billionaire bill gates wants to help invest nearly 2 trillion over the next decade to help the world become more resilient. His thoughts on and potential solutions for Climate Change. For wework, it was the roadshow that was not this week. One of the most anticipated debuts of the year is now postponed until october. The shared Office Space Provider is looking for time to calm investor doubts about its dropping valuation, governance problems, and financials. Remember that, at one point, this was supposed to be a 47 billion company. That number is now 15 billion and could be perhaps even smaller. Joining me to discuss this all was phil haslett, cofounder and chief revenue officer at equityzen, a secondary marketplace for preipo shares and bloombergs crystal tse. Crystal they have a lot to address before they can go out to the investors and ....
Weak in the session. Joining us is josh brown welcome back. Good to be here are you also in celebration mode after jay powell . Im also in celebration mode. We got all but a promise of a rate cut i think in july. Theyre going to do it. I said earlier, he foamed the runway for what ithink the market knew he was going to do the thing is, i dont think its necessary, but i also dont think its harmful a 25 basis point rate cut most likely, the best example of Something Like this, that i can think of from recent history is 1995 you had a new alltime high in the stock market the day they did the cut, but it was a single cut. And a lot of the reason for that, they had done a surprise rate hike in 1994, which kind of crushed the bond market, people were shocked i think what the 1995 single cut was about was taking some of the pressure off from that, maybe also like a mea culpa, we didnt need to do that that maybe thats what this is most li ....