Dropbox set terms for its IPO which is expected to debut sometime next week on the Nasdaq. The file sharing company plans to sell 36 million Class A shares at $16 to $18 a piece. That sets the company's valuation as high as $8 billion, which is significantly lower than Dropbox's 2014 private valuation of $10 billion. Shares are expected to start trading sometime next week on the Nasdaq under the ticker symbol DBX.
Elon Musk surprised fans by showing up at a South by Southwest panel for HBO's "Westworld" to talk about space travel. He set a new timeline for his mission to send test flights to Mars, saying this could happen as soon as the first half of next year. However, Musk did acknowledge his propensity for setting unrealistic timelines for his projects. In addition to talking about SpaceX, Musk also spoke about his other companies, Tesla and The Boring Company.
Michael Harriot from The Root joins us to talk about the high stakes in the Pennsylvania special election. Democrat Conor Lamb faces Republican Rick Saccone in a battle to represent the state's 18th district, a traditionally conservative district. However, polls show it's a close race between the two candidates. Harriot says the unpopularity of President Trump is giving Democrat Conor Lamb an advantage. He also says this race is very important as it could have huge implications for the midterm elections later this year.
And we catch up with Joseph Lubin, co-founder of Ethereum, at South by Southwest to talk about the future of cryptocurrency. He compares the rise in popularity of cryptocurrency to the dot-com boom in the late 90s, saying that this is a learning period for those in the industry. With regard to the recent volatility in the price of bitcoin, Lubin says he's not too concerned and is instead focused on long-term growth.
After the 2021 boom, IPO activity slowed down significantly, in part due to monetary policy – but things are getting moving again with tech-friendly companies like Iboutta and Rubrik making a public debut.
With an increasing demand for mental health services, one person wanted to change the therapy game. In 2017, CEO Alex Katz founded Two Chairs, a company that uses technology to match patients with the right therapist.
Not only is April Financial Literacy Month, it’s also the kickoff of the spring homebuying season. So now is the time to make sure you have a financial plan in place – and why it might not be wise for that to include buying your first home.
While the U.S. may slowly be on the path to lowering inflation (and therefore interest rates), Europe has thoroughly trounced America, putting it on the path to lower rates by this summer.
April's release of the monthly Housing Starts and Building Permits reports by the Census Bureau provides crucial insights into the construction activity in the housing market. These reports are an economic indicator, shedding light on the current state of the housing market and its broader economic impact.
Caitlin Clark is heading to the Indiana Fever, the number one draft pick and the highest-scoring college basketball player of all time. And while she may not be getting millions from the WNBA, there's a few ways she'll net compensation for her generational talents.
Author of 'Clean Meat,' Paul Shapiro joins Cheddar to discuss how the cellular agricultural revolution helps lower rates of foodborne illness and greatly improves environmental sustainability. Plus, how his company The Better Meat Co. is bringing healthier food options to the table.
Recent headlines might make it sound like World War III is imminent, but when it comes to your finances, it's not the time to panic. The market is coming off its longest winning streak since 2011.
You may have noticed fewer new venture capital-backed startups (like Airbnb or Uber) lately. The market slowed to a crawl after 2021, but things are expected to take off again in 2025.
Corporate earnings season is underway, that time when companies share their billions in sales or double-digit profits. But the data shows even companies are struggling with high inflation and interest rates.
