A recap of the past week in 3 short headlines 1. Three’s a Crowd This past week was the 3rd consecutive week that the market declined. Continuing their trends from the previous week of 8/31/2020 and 9/7/2020, the S&P 500 and NASDAQ continued their decline as many investors began to feel uneasy with the current […]
1. Another Wild Week This past week was a major “L” for many investors. Continuing their trend from the previous week of 9/1/2020, the S&P 500 and NASDAQ continued their decline as many investors began to feel uneasy with the current valuations of stocks. The S&P 500 and the NASDAQ fell up 2.51% and 4.06%, […]
A recap of the past week in 3 short headlines. 1. Tech Continues to Roar The major indexes – S&P 500, Dow 30, and NASDAQ – continue to set record highs amidst a seemingly unstoppable market rally. Tech as a sector continues to dominate. FAANMG and others are surpassing their records and adding billions to […]
On August 19, 2020, Apple Inc. became the first public US company to reach an astonishing $2 trillion market cap. Apple’s stock has soared in the midst of the COVID-19 pandemic—a time when US GDP for the second quarter of 2020 shrank nearly 32%. COVID-19’s Effect on Valuation The technology hardware company and maker of […]
The Dot-com bubble of the late 1990s and early 2000s was a speculative economic bubble created by excessive optimism towards Internet companies and their stocks. Today, it serves as a reminder of the consequences of greed, excess, and hype. Innovation in the 90s The 90s were a period of rapid technological advancement. The creation of […]
A recap of the past week in 3 short headlines. 1. Record-Setting Week The S&P 500 and NASDAQ reached record highs this past week. The S&P 500 and the NASDAQ are up 0.72% and 2.65%, respectively, for this past week. What’s particularly incredible about this record is that the S&P 500, now at 3,397.16, breached […]
In recent years, the automotive industry has begun the gradual change from combustion-engine vehicles to electric vehicles (EV). For the most part, one company has been spearheading this change: Tesla. Why has Tesla succeeded when so many other startups have failed? What impacts has EV technology had on the market? And how are other companies […]
In a time of worry and economic hardship, FAANG stocks, such as Apple, have been performing extremely well. On July 30th, Apple announced its third-quarter earnings, which blew out analysts’ expectations. According to a press release by Apple, the company saw a revenue of $59.7 billion, an 11% increase year-over-year, and diluted earnings per share […]
After Uber revolutionized transport and threatened the traditional taxi industry, many other companies followed suit. These corporations ushered in the establishment of the gig-economy, or in other words a market dependent on contractors or short-term workers. Although this economic model has brought significant backlash, specifically in regards to employee benefits and pay structure, it has […]
