GetYourGuide, a Berlin-based travel startup, has raised almost $500 million in a funding round led by the SoftBank Vision Fund. The company plans to use the money to expand the variety of tours and events it offers.
Qualys has formed an ascending triangle, raising the likelihood of a price breakout, writes technical analyst Chad Shoop, CMT. "Knowing that triangles are continuations patterns means we can predict that the breakout should be to the upside," Shoop writes.
Tech breakouts Shopify, MongoDB and Okta have potential to weather market jitters, technical analyst Tyler Craig writes. "They boast growth metrics that Wall Street has been rewarding with big-league gains, and I see no reason why the gravy train won't continue," Craig writes.
Housing starts climbed almost 6% in April but fell short of the pace a year earlier, according to the US Commerce Department. Building-permit issuance edged up less than 1%, suggesting the trend is unlikely to accelerate.
It is still too early to determine how Uber will perform in public markets following its disappointing initial public offering. However, the failed promise of a blockbuster offering in a hot market will weigh on other high-profile tech firms that plan to go public this year, such as Postmates and WeWork.
Deliveroo, a British food-delivery service active in Asia, Europe and the Middle East, raised $575 million in a funding round led by Amazon. The new capital will fund growth, Deliveroo CEO and co-founder Will Shu said.
The U.K.'s Lloyds Bank is continuing the saga of its iconic black horse with the addition of a black foal, the two traveling together to Aron Wright's "Look After You". Catherine Kehoe, managing director for group brands and marketing at Lloyds Banking Group, says that the new campaign will highlight intergenerational relationships and promise consistency in the face of challenges.