Lyft’s I.P.O. underscored the depth of investor hunger for fast-growing young tech businesses, even if they are deeply unprofitable. Source: NYT > Business – KATE CONGER and MICHAEL J. de la MERCED
Lyft Is Ready for Its I.P.O. How Much Pop Is Left?
Unicorn companies are finally going public, after large gains have been captured by elite early investors. Source: NYT > Business – MATT PHILLIPS and ERIN GRIFFITH
Lyft Prices I.P.O. at $72 a Share, Marking Arrival of Gig Economy to Wall Street
Lyft’s I.P.O. heralds a new generation of Silicon Valley darlings on the public markets. Uber, Pinterest and Slack are expected to follow. Source: NYT > Business – MICHAEL J. de la MERCED and KATE CONGER
Global Stocks Fall as Pessimism Continues
Worries that the United States economy could slip into recession plagued investors for the second straight trading day. In Japan, the market fell 3 percent. Source: NYT > Business – THE NEW YORK TIMES
With Interest: The Week in Business: Boeing Plays It Safe, and Lyft Kicks Off Tech I.P.O.s
Here’s your weekly smorgasbord of all the tech and business news you missed, plus what you should know heading into Monday. Source: NYT > Business – CHARLOTTE COWLES
Stocks Fall as Bond Market Flashes a Recession Warning
When short-term interest rates rise above long-term interest rates, it’s called a yield curve inversion. It’s one of the best predictors of a recession and it happened on Friday. Source: NYT > Business – MATT PHILLIPS