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 […]
I was having a conversation with a group of friends the other day, and we were talking about how Google or Facebook or any of these companies that offer completely free to use services make money. Most people seem to believe that these companies sell your data, but in reality, it’s a little more complicated […]
A recap of the past week in 3 short headlines 1. Is It Over? This past week was the 4th consecutive week that the S&P 500 declined. Continuing its downward trends from the previous weeks of 8/31/2020, 9/7/2020, and 9/14/2020, the S&P 500 and continued their decline as many investors continue to lower their expectations […]
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 […]
The COVID-19 pandemic has principally altered the condition of the United States economy, prompting a significant deviation from the typical amount of business activity seen in the past few years. Many companies have attempted to pivot to recent events through mergers and acquisitions — transactions where a company’s ownership changes or transfers to another business. […]
Facebook’s announced cryptocurrency, Libra, has made quite the splash since it was first announced. For starters, it is already more well-known among the public than any other crypto besides Bitcoin. That includes staples of the cryptocurrency world, such as Litecoin and Ethereum, both of which have been around for years. While masses sit on the […]
Facebook. This web-based tech giant has become a household name over the past 15 years. Many associate it with social media, photo-sharing, and due to recent events, a danger to personal privacy. However, through acquisitions and mergers, Facebook has bled into multiple other industries, such as fitness, virtual reality, and artificial intelligence. The February 2019 […]
The reform journalists in the early 1900s have made “monopoly” into a bad word. Every worker and consumer in America scorn the word as if it was cheater or exploiter. The word conjures images of the strike-crushers and robber-barons who made millions in oil and steel. As a result, no company today wants to be […]
At the beginning of this past summer, several Goldman Sachs strategists predicted a bubble in the technology industry. Specifically, they predicted a bubble in FANG stocks. FANG is just a term that refers to Facebook, Apple, Amazon, Netflix, and Alphabet (Google). However, since June 15th and as of September 15th, with the exception of Alphabet, […]