Market optimism over the potential for interest rate cuts next year is dangerously overdone, according …
Read More »Sonos IPO reveals Amazon’s incredible leverage over speaker maker
Sonos, the maker of wireless and voice recognition speakers, may seem to a casual observer to be in the prime position to ride the surging smart speaker trend. But Sonos’ initial public offering document revealed a critical flaw in its business model, which subjects it to Amazon’s whims on what …
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