10-18-18: Report: Uber Could Be Valued at $120 Billion in Possible IPO
InvestTalk
Hosts Justin Klein & Luke Guerrero, CFA | Wealth Managers and Investment Advisors
4.4 • 1.5K Ratings
🗓️ 18 October 2018
⏱️ 48 minutes
🧾️ Download transcript
Summary
Banks have advanced proposals for an initial public offering to value the ride-hailing company at almost double its recent valuation.
Today's Stocks & Topics: SH - ProShares Short S&P 50, Mortgage Rates, Analyst Who Predicted The 2008 Crash Warns Of Bubble Brewing In U.S. Household Wealth, Suze Orman, Financial Planner Fees, BGS - B&G Foods Inc., Best Industries to Investment Right Now, Interest Rates, LUV - Southwest Airlines Co.
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| 0:00.0 | Invest Talk listeners ask Steve and Justin what they use for their winning investment research |
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| 0:18.0 | KPP Financial, Steve Peasley President, KPP Financial, Independent Thinking, shared success. |
| 0:27.0 | And now today's podcast. |
| 0:30.0 | Good afternoon everybody and thank you for joining me today on Invest Talk. It is already |
| 0:38.5 | October 18th and I'm Steve Peasley and I welcome you to our weekday financial program that is geared to helping you grow and protect your money |
| 0:47.0 | All your investments |
| 0:49.2 | And I say a weekday because we do the show live Monday through Friday at 4 o'clock specific time, 7 o'clock each time, |
| 0:56.9 | but of course we quickly post each day's program to our podcast player page on Invest Talk. |
| 1:02.1 | com. It's Invest Talk. podcast player a page on on on invest talk.com. |
| 1:03.0 | It's invest talk.com. |
| 1:05.0 | So you can listen to the show later, download it later and tell your friends |
| 1:10.0 | and tell your friends about us, I would appreciate that. The S&P and the Dow and the NASDAQ all opened down about about one third of 1% this morning and then got weaker as a day went on. I bet many of you are wondering, is it over |
| 1:27.6 | with? Has the storm passed? Well, we'll see, I didn't think it was when it was up the two or three |
| 1:35.1 | points day before yesterday and everybody was, I was getting a lot of emails as |
| 1:40.9 | a time to get back in and I'm not no not yet so now it gave |
| 1:45.9 | back almost all of the game and made day before yesterday very volatile market very |
| 1:52.1 | predictable and we told you it was going to happen many times in the last month |
| 1:56.2 | that we were going to say October was going to be probably pretty darn volatile. |
| 2:01.7 | So you just have to be ready and it's probably not over. We'll see. We'll see. |
| 2:07.0 | Just just relax. |
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