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IPOs

Why the Virgin Galactic IPO Could Be the Most Exciting Offering of 2019

July 25, 2019 by Daniel Smoot

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Whether it's Virgin America or Virgin Atlantic, Richard Branson's startups have become iconic names. Virgin Galactic will be no different. And that's exactly why investors are so eager for the Virgin Galactic IPO. On June 9, Branson revealed that his 15-year-old space tourism startup was going public. Virgin Galactic's valuation is already up to $1.5 […]

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Dow Jones

Why the Dow Jones Industrial Average Will Lose More Than 100 Points Today

July 9, 2019 by Money Morning Staff Reports

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The Dow Jones Industrial Average is off today as investors anticipate a selloff following comments from Federal Reserve Chair Jerome Powell.

He’ll speak on the results of some banking stress tests, but investors don’t expect any definitive message about Fed rate cuts.

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