Lyft is wildly unprofitable and lost $911 million last year — here’s how other unprofitable companies fared after they went public

https://www.businessinsider.sg/initial-public-offering-how-unprofitable-companies-fared-2019-3/ Lyft went public Friday at a valuation of more than $20 billion despite recording heavy losses ahead of its initial public offering. Several other money-losing tech companies, like Uber and Pinterest, are preparing IPO filings. Markets Insider has compiled several examples of money-losing tech firms going public – they range from bankruptcies at Pets.com … Read more

Decision Point nearing

via @StockBoardAsset : $SPX 1Q EPS Estimates Collapse in the “greatest economy ever” – now you know why Trump admin is pleading with Fed for a rate cut it now all makes sense the last time this happened – the stock market crashed – what does the Trump admin know that we don’t? Larry Kudlow wouldn’t know … Read more

Billionaire investor Alan Patricof: Facebook, Amazon, and Google are too powerful

https://finance.yahoo.com/news/alan-patricof-google-facebook-amazon-111457565.html In a new interview with Yahoo Finance, venture capital pioneer Alan Patricof contends big tech companies such as Facebook (FB), Google (GOOG, GOOGL), and Amazon (AMZN) have become too powerful for their own good. “Some people might even call them quasi-monopolies,” Patricof said during an interview with Yahoo Finance Editor-in-Chief Andy Serwer that aired … Read more

What They DIDN’T Tell You About Apple Card

Apple has just released their new Apple Card. A credit card for the masses with some new technological features to attract users of their iPhone. At first glance, the card seems great and has many aspects better than a standard credit card. Upon closer inspection however, it seems that people should know a thing or … Read more

Will the Feds, Deepstate, Obama, Oprah, Rahm and Ari Emanuel and the Fake News Media keep the lid on what they are hiding with Jussie Smollett?

When prosecutor Kim Foxx announced all charges were dropped in the Jussie Smollett case, new players from the Chicago power structure publicly entered the fray. Obvious this case and its implications for the Chicago elite are much more complicated than we were led to believe by MSM. Lionel breaks down the power players and complications … Read more

7 killed, 100s evacuated as China suffers 2nd factory blast in 2 weeks (VIDEOS)

A powerful explosion rocked a Chinese automotive parts factory, as authorities vow to toughen regulations on dangerous chemicals after a similar tragedy killed dozens at a pesticide plant in the same province. Footage from the scene shows the building engulfed in thick smoke, as fire trucks arrive in the area. https://www.rt.com/news/455189-china-factory-blast-casualties/?utm_source=browser&utm_medium=aplication_chrome&utm_campaign=chrome   h/t keybored

Decision Time

by northmantrader The first quarter of 2019 was a smash hit for bulls. Capitulating central banks, record buybacks flushing the system with artificial liquidity, constant jawboning by dovish central bankers and permanent promises of progress on a China trade deal, and a collapsing yield picture bringing back TINA (there is no alternative) all of which produced … Read more

Recession Is Coming: The Shocking Indicator You Can’t Ignore!

by Josh Sigurdson and John Sneisen of World Alternative Media Josh Sigurdson talks with David Moadel of Portfolio Wealth Global about the inevitable coming title wave on the near horizon, the recession. As the yield curve inverts like we haven’t seen since 2007, every single recession indicator is now in play. There has never been a time where we saw … Read more