Trading Ideas
Freshworks IPO: Salesforce Competitor to Go Public on Nasdaq
A Freshworks IPO is coming to the market soon. The company is looking at a nearly $10 billion valuation in its public debut. Here’s what investors should know…
Freshworks IPO: About the Business
Freshworks is a software as a service (SaaS) provider. Girish Mathrubootham and Shan Krishnasamy founded the company in 2010. The company launched in Chennai, India. Today, the company is headquartered in San Mateo, California with 13 global bases.
The company focuses on customer support and IT projects. It claims to take “a fresh approach to building and delivering software-as-a-service that’s affordable, quick to implement, and designed for the end-user.”
Freshworks is …read more […]
Crypto Tax: How Virtual Currencies Are Treated in the U.S.
Any investor worth his salt knows that the tax man is always looming. And that goes for crypto investors too. But when it comes to crypto tax, it can get a little more complicated than your average stocks and bonds. Meanwhile, Congress is making a go at updating how the tax code will impact crypto investors. Here’s what you need to know…
Just as a reminder, crypto is still very new compared to other asset classes. It was only in 2019 that the Internal Revenue Service (IRS) explicitly asked whether it had any dealings with cryptocurrency. The question on form Schedule …read more […]
Fastest Growing Stocks to Consider for Your Portfolio
Growth stocks have been a popular discussion among Wall Street for years. In fac, many investors are wondering what the current fastest-growing stocks are. Growth stocks have soared for more than a decade. And specifically, low interest rates play a major role in its success. This has allowed them access to cheap capital that many have put towards new hires, acquiring businesses and innovation for the future.
When selected carefully, you can make bigger returns than you’d imagine over the years. So far this year, growth stocks have done extremely well. The momentum regarding these stocks is back for two reasons: …read more […]