Intel: Grotesque Valuation

The last couple of months have been historic for initial public offerings (IPOs), particularly on Nasdaq. In June, SpaceX (SPCX) raised a record $75 billion in its Nasdaq debut ($86 billion including the greenshoe) – triple the previous record for biggest IPO – and listed with a market cap of around $2 trillion. Weeks later, we saw the biggest U.S. IPO ever by a foreign company, with SKHY – the ADR for SK Hynix – raising $26.5 billion on Nasdaq. So, between just two companies, over $100…

On Episode 87 of the COO Roundtable podcast, I sat down with Vince Nauheimer of OnePoint BFG Wealth Partners and Grace Balestrieri of Brighton Jones, two operators who have led their firms through tremendous growth, and asked them a question I felt they were uniquely qualified to answer: “How do you keep your culture intact…

Asian Shares Fall as Chipmakers Stumble, Bonds Gain on Soft US Inflation Market Movements and Economic Reactions in Asia By Stella Qiu Asian Markets React to Chipmaker Performance SYDNEY, July 16 (Reuters) – Asian shares fell on Thursday as chipmakers stumbled ahead of results from bellwether TSMC, while bonds benefited from another benign reading on…

If the Korean depository allows conversion, then the ADR premium on SK Hynix may contract.

Bisnow’s First Draft Live is a regular series featuring live conversations about the critical stories impacting CRE right now. It is a companion to The First Draft, Bisnow’s daily, flagship CRE newsletter. Register here to get The First Draft in your inbox. Subscribe to First Draft Live on Apple and Spotify, or scroll down to…

Soybeans are posting Turnaround Tuesday losses of 4 to 8 cents so far at midday. The cmdtyView national average Cash Bean price is down 7 1/24 cents at $11.82 3/4. Soymeal futures are $2.30 to 3.50 higher, with Soy Oil futures down 70 to 83 points.  Crop Progress data from NASS showed 66% of the US soybean crop…