A recap of the past week in 3 short headlines. 1. Spending Splurge Helps Economy The market had a robust week as bullish investors added fuel to their fire. All major indexes finished around 1% higher than the past week, with the Dow Jones topping 34,000 points for the first time in history. Like mothers […]
This post originally comes from BrainFeed.co. Webvan was one of the first online grocery stores and is among the most famous Dotcom Bubble busts. The company raised nearly a billion dollars from investors, but went bankrupt after just two years of operations. Webvan’s strategy of “growth at any cost” was characteristic of many failed Dotcom Bubble companies. Same […]
Have you ever been frustrated out of your mind by traffic that seems to last forever? Well, it’s not just in your head, you do spend an insane amount of time in traffic. How much time exactly? Try 54 hours each year. Yup, that’s more than two days spent in traffic. That number goes right […]
Tesla’s Gigafactory in Fremont, California is probably one of the most popular car factories in the world. About a decade ago, Tesla was a struggling startup in the automotive industry. It had just narrowly escaped the clutches of bankruptcy. In a stroke of good fortune which, ironically, was caused by an economic crisis that hit […]
Imagine you’re in the middle of nowhere, hundreds of miles away from civilization. This scenario would probably be easier for you to picture if you think back to a time when you were completely without internet — no Wi-Fi, no mobile data, nothing. Now imagine that this was the situation you lived in every single […]
Google, Apple, and PayPal all started with brilliant solutions to everyday problems. But solutions alone aren’t what pays employees, funds marketing, and boosts production. When a founder of an innovative startup needs money to grow, they go to a specific category of institutional investors known as venture capitalists (VC) who provide funding in exchange for […]
A recap of the past week in 3 short headlines 1. Eventful Week Every day this week had something for everyone. From highly anticipated tech IPOs to encouraging vaccine news to lawsuits against Big Tech, every day brought something new. First off, the S&P 500 fell 0.96% for the past week. Investors feared that more […]
A recap of the past week in 3 short headlines. 1. A Slow Week for Stocks With the end of the highly-contested election cycle, the market has remained relatively stable as we head into the winter holidays. The Dow Jones dropped 0.74%, the S&P 500 fell -0.77%, while the NASDAQ gained 0.22% on the quiet […]
A recap of the past week in 3 short headlines 1. Back-and-Forth Week Stocks had a back-and-forth week due mainly to hopes for new stimulus rising and fading with new headlines from DC. For the past week, the Dow fell 0.95%, the S&P 500 fell 0.53%, and the NASDAQ fell 1.06%. As investors bet more […]
1. Stocks Firing On All Cylinders U.S. equities have continued to rise amidst talk of a $1.8 trillion stimulus package endorsed by President Trump. However, opposing takes from both Democrats and Senate Republicans threaten to derail the package. The S&P 500 closed at $3,477.13, approaching its all-time high at $3,588.11. The Dow Jones and NASDAQ […]