Miami-Dade County will explore “all legal remedies” if crypto exchange FTX can’t fulfill its financial obligations under the naming rights deal for FTX Arena, a spokesperson from the county’s mayor’s office told The Information. The spokesperson said that the situation is “evolving” and the county is “currently reviewing and gathering information about FTX’s financial situation and possible...
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DoorDash Should Buy Instacart Now
Instacart’s stock price performance so far brings to mind a variation on the old line about love: Is it better to have gone public and lost, or never to have gone public at all? The shares fell 9% on Monday to $26.96, 10% below its IPO price, following our scoop that the Wall Street analysts at the banks underwriting the offering are projecting a severe slowdown in Instacart’s growth in the...
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