An IPO unicorn, Luckin Coffee is set to become the largest coffee chain in China. Wall Street analysts believe that the company's business model and marketing strategy are good enough to make it happen.
President Trump predicts that the United States will experience a massive market crash if he is not re-elected as he claims that the country has experienced a thriving economy under his administration.
Major cryptocurrencies are experiencing an upsurge in price, with Bitcoin leading the group with selling a price of $8,100. Bitcoin, in particular, bounces back from a horrible slump the previous month.
Chewy, a pet products e-commerce company will go public Friday with a listing of its stock at $22 per share. This is despite the fact that the company is not yet profitable. At such a rate, the company will have a total valuation of $7 billion.