-
IMF's Capital Markets Chief Expresses Concern Over 'Stretched' Company Valuations: 'We Do Worry...'
Wednesday, April 17, 2024 - 9:21am | 531The International Monetary Fund’s (IMF) Capital Markets Chief has issued a warning that the current high corporate valuations, a result of market optimism, could potentially pose a serious risk to financial stability. What Happened: Tobias Adrian, the director of the Monetary and Capital...
-
Tech Pro: Snapchat Is Valuable, But It's No Facebook
Tuesday, May 24, 2016 - 12:32pm | 253TechCrunch reported that Snapchat is looking to raise $200 million, which would place the company's valuation as high as $22.7 billion. Speaking to CNBC, International Business Times' Michael Learmonth pointed out that Snapchat's latest round of financing implies it is among one of the most...
-
T. Rowe Price Marked Down Its Investments In Private Companies, Including Uber And Dropbox
Monday, April 18, 2016 - 2:16pm | 218Notable investment management firm T. Rowe Price Group Inc (NASDAQ: TROW) slashed the valuation of most of its investments in private technology companies. According to The Wall Street Journal, T. Rowe Price Group revised its valuation on many technology companies lower, including Uber and...