Chinese trade negotiators suddenly canceled a visit to meet U.S. farmers after they wrapped up trade talks in Washington this week.Marketsread more
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A tour bus carrying Chinese-speaking tourists crashed near a national park in southern Utah, killing at least four people and critically injuring up to 15 others, authorities...U.S. Newsread more
Gun maker Colt announced Thursday that it will halt its production of AR-15 rifles for civilian sales, but the news might not be as exciting for gun control advocates as it...Guns and Weaponsread more
As thousands of people across the world participate in the Global Climate Strike, several Democratic presidential candidates have shared how they will take aggressive action...Scienceread more
With "tariff man" President Trump waging a tariff war and Democratic candidates pushing against big international deals, free trade has become politically homeless, writes...2020 Electionsread more
Canadian trade union Unifor said roughly 4,500 of its members have been temporarily laid off because of the GM strike so far.Autosread more
"It's surprising that this entire tech boom in the past few months has really focused on the big companies," Isaacson said. At some point that focus should shift to up-and-coming companies like Uber, he said.
"I think it's indicative of something larger that we should keep an eye on, which is the pace of wholly new innovation which seems to have slowed down," said Isaacson.
GGV Capital managing partner Jeff Richards agreed.
"We are seeing a huge boom for the large-cap tech stocks. But don't count out recent IPOs. The IPO class of 2016 is up 48 percent to date, and IPO class of 2017 is up 17 percent," said Richards. He said the positive market reception to new offerings is a good sign for private companies that are planning to go public.
"There is an undercurrent of up-and-coming companies, and beyond companies like Uber and Airbnb, you have great tech companies that are still private like Houzz, Stripe and Dropbox," said Richards. "They ... aren't really on the public market radar yet but will be over the next 12 to 18 months," he said. "We think that's a healthy undercurrent."
Correction: Aspen Institute CEO Walter Isaacson spoke to CNBC on Monday. An earlier version misstated the day.