Shareholders in cloud-based communications management platform Twilio (NYSE: TWLO) have had it tough over the past 18 months with share prices down about 83% from highs set in February 2021. The company went public six years ago but is still burning cash, and Wall Street appears to be tired of waiting for profits. Let's take a look at why Twilio's profitability struggles are overblown, what management is trying to accomplish, and why the stock could be a great investment idea at today's price. Read More...
As fears of high inflation and the threat of recession become the talk of the town, investors are turning to Wall Street titans for guidance, namely Ken Griffin. Founding hedge fund Citadel in 1990, the firm now boasts over $50 billion worth of assets under management. As a 19-year-old sophomore at Harvard University, Griffin began trading from his dorm room with a fax machine, computer and phone. Now, the CEO of Citadel, whose net worth stands at $27 billion, is known as one of the Wall Street