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" ... Buyers' Remorse? When AirBnB (ABNB) IPO’d last week, its first-day pop saw its market cap skyrocket to over $100 billion. That valuation dwarfs the six largest IPOs in recent U.S. history. Equally impressive, DoorDash’s (DASH) IPO release saw its valuations rise to $55 billion—three times greater than its last private valuation. But after reaching their highs, ABNB and DASH pulled back quite a bit in subsequent sessions. While Wall Street has been a bit exuberant over venture capital-backed debuts, some research firms can always step in to temper the excitement. That’s the big question with IPOs—what’s the right valuation for newly issued IPOs? If share prices reflect investor sentiment on future earnings forecasts, it’ll all depend on ABNB’s and DASH’s future earnings performance. And like many IPOs, positive earnings may or may not come for some time. So, in the meantime, it’s more about potential rather than proof in the pudding. ... "
" ... In the Antarctic, the only other “Specially Managed Area” for a base covers the big Amundsen-Scott South Pole Station—a station that was established back in 1956 and has been under continuous operation since. The base, which operates year-round and hosts about 200 staff members in the Summer, dwarfs China’s part-time 20-24-person Kunlun camp at “Dome A,” and yet, Amundsen-Scott’s scientific endeavors and space observatories manage with a far less restrictive code of conduct. ... "
" ... The core contracts, forming white dwarfs, which heats and illuminates the blown-off outer layers, creating planetary nebulae. ... "
" ... The second is that the rise in the perceived urgency of digitalization dwarfs that for all other priorities; it is the single biggest swing, with a 14 percentage point increase in the “very important” responses. ... "
" ... White dwarfs are held up by the degeneracy pressure between electrons: the fact that no two identical fermions (one of the two classes of fundamental particle) can occupy the same quantum state. Neutron stars are held up by that same phenomenon but between neutrons: they cannot occupy the same quantum state either. When the matter composing these objects gets too dense, it triggers a set of nuclear reactions, which produce the electromagnetic radiation (i.e., light) that we then observe. ... "