Sean Black, co-founder and CEO of Knock, talks about his announcement to take the company public in 2020. Knock allows homeowners to sell or trade in their home for a better one.
Black says the company decided to announce its IPO plans two years in advance thanks to his affinity for the NYSE. The NYSE also reserved Knock's ticker symbol: KNCK.
Black says the difference between Knock and a competitor like OpenDoor is that Knock will help homeowners purchase their next home, while OpenDoor will not. Black says OpenDoor also charges fees on top of the usual 3% for brokers.
Amazon.com Inc. surpassed $2 trillion in market value for the first time in afternoon trading on Wednesday. The push higher for Amazon’s stock market valuation comes a little more than a week after Nvidia hit $3 trillion and briefly became the most valuable company on Wall Street. Nvidia’s chips are used to power many AI application and its valuation has soared as a result. Amazon has also been making big investments in AI as global interest has grown in the technology. Most of the company’s focus has been on business-focused products.
Climate change doesn’t just mean more extreme weather – it also leads to billions of dollars in lost productivity, tourism, and stresses infrastructure.
It’s an annual tradition: the Fed’s banking ‘stress test.’ A year after the regional banking crisis, there are good reasons to make sure they’re prepped.
Summer is upon us, which means weddings, trips overseas, and trips to see Taylor Swift. Avoid a “Cruel Summer” with these budget-friendly tips and tricks.
While Nvidia's meteoric rise led it to briefly dethrone Microsoft as the world's biggest public company, there's a lot more going on in this market than A.I.
The Russian company said in a statement that the Commerce Department's decision would not affect its ability to sell its cybersecurity products in the U.S.
