What a silly stock market. There I was on Tuesday at 2:00 p.m. waiting for the Dow Jones Industrial Average to crash 1,700 points as Trump verbally ripped Iran to shreds (and pulled out of the Iran deal). The Dow instantly tanked 80 points one sentence into Trump’s latest global spectacle. But then the Blue Chip index rallied back as Trump continued to hit Iran, and actually finished the....More>>>
For most mobile game publishers, eSports is currently not a profitable business. However, investing in eSports is usually justified by the positive impact on game revenues and the future potential of their eSports activities as a stand-alone business with Newzoos 2017 Global Esports Market Report that was released earlier this year noting:
Illustrated by the $98 million in publisher fees....More>>>
Dropbox (Pending:DBX) plans to raise $612 million in the largest IPO from a US tech company since Snap (NYSE:SNAP) in 1Q17. It plans to price its offering towards the end of the week ahead.
Valued at $10 billion in January 2014, Dropbox’s offering will set the tone for other tech IPOs with high valuations and heavy losses. At the midpoint of the $16 to $18 range, it would command a....More>>>