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GameStop saga has prompted calls for the wrong kind of democracy

Gone are the days when initial public offerings were just as interested in retail investors ....

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Carrefour Shows Why Government Meddling May Be New Post-Covid Normal

French retail giant Carrefour supermarket in Saint-Herblain, outside Nantes.
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Who remembers today that back in 2017, Bruno Le Maire ran for the presidential nomination in his conservative party’s primary on a 1,000-page platform advocating sweeping free-market reforms and the end of state meddling in the economy?
Three years on, Le Maire, now the French economy and finance minister and one of the most prominent members of President Emmanuel Macron’s government, is proving one of the most interventionist economy ministers of later years. And he has shown a particular dislike for the acquisitions of French companies by foreign competitors. ....

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Bonhams Online-Only Auction Offers More Than 200 Chanel Pieces

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A Chanel white fleece cropped jacket with blue-and-black metallic trim and silver tone buttons will be offered at Bonhams online.
Courtesy of Bonhams
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Bonhams’ London is hosting an online-only auction dedicated to the luxury French fashion brand Chanel from Feb. 5-16.
More than 200 pieces are offered in the sale, dubbed The Chanel Collection, ranging from clothing and accessories to handbags and jewelry. Many pieces are unworn and come with original tags and labels, according to Bonhams.
“It’s the finest selection of Chanel that I have had the pleasure to handle,” says
Meg Randell, ....

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Petco IPO's Exceeds Expectations, Raising $864 Million

Petco, the provider of pet health and wellness, sold 48 million shares at $18 each, above its $14 to $17 price range. ....

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Shopify, ServiceNow, and 5 Other Cloud Stocks, Says Oppenheimer

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Another day, another set of recommendations for how to play the cloud.
Since the start of the year, a number of analysts have weighed in with thoughts on the outlook for the cloud software sector, after the group cranked out fantastic returns in 2020. On Thursday it was Oppenheimer analyst Brian Schwartz’s turn.
In a 116-page report, he laid.
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Another day, another set of recommendations for how to play the cloud.
From ....

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