Bloomberg New entrants to the London ride-hailing market could potentially pose a risk to one of Uber Technologies Inc.’s most profitable markets, according to analysts at Morgan Stanley. Every 400 basis point change in UK rideshare adjusted net revenue would result in a $100 million hit to Uber’s 2020 profit, analysts led by Brian Nowak wrote in a note. The ...

Bloomberg Software maker CrowdStrike Holdings Inc. soared in its trading debut after raising $612 million in one of the biggest-ever initial public offerings for a cybersecurity company. Shares opened at $63.50 in New York and rose as much as 97 percent from their IPO price to $67. The stock closed up 71 percent to $58. That valued the company at ...

Donald Trump doesn’t have to impose sanctions on Russia’s controversial NordStream 2 pipeline to Germany if he wants Europe to buy more US liquefied natural gas. The market is doing his work for him. Increasing competition is already reducing the European Union’s dependence on Russian exports, and US LNG is an increasingly important factor in determining prices. Asked during an ...