Dark-Pool Operator IEX Reaches 1% Market Share

The transcript discusses PIMCO's capacity to manage significant client withdrawals without affecting performance, despite challenges following Bill Gross's departure. It highlights Carlyle Group's strategy to withstand market volatility, emphasizing a long-term investment cycle. IEX Group's increase in U.S. equity trading market share and recent funding from Steve Wynn and Bain Capital are noted. Lastly, Groupon's shift from an email-based model to a comprehensive ecommerce platform, along with its positive growth projections, is covered.

What is the typical cycle mentioned regarding investments and market performance?

What changes is Groupon making to its business model?