Markets Silicon Valley Stocks Tech

Another One for Apple: The 2 Trillion Dollar Milestone

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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 […]

Silicon Valley Stocks Tech

Why Apple Announced a 4-for-1 Stock Split

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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 […]

Silicon Valley Tech

Uber Eats Postmates

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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 […]