#MoneyMoves

Juul Goes Up In Smoke

Juul Goes Up In Smoke

E-cigarette start-up, Juul Labs exploded in popularity with its initial 2015 launch. It is the highest-selling and fastest growing e-cigarette on the market. In 2017, it generated $224 million in revenue. In 2018 that figure rose to a cool $1 billion, no big deal. However, what was once praised as Silicon Valley’s $38 billion darling, now faces an uncertain future amidst Congressional investigations, criticism by […]

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WeWork Valuation Not Working

WeWork Valuation Not Working

Office-sharing startup WeWork, owned by The We Company and in partnership with major backer, SoftBank Group, is pressing ahead with plans to go public in spite of lukewarm interest for shares which many claim are overvalued. In January 2018, The We Company (which has a really sick website) raised money at a $47 billion valuation, however, institutional investors responsible for purchasing shares before the IPO […]

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More Than A Coffee Shop

More Than A Coffee Shop

This month Starbucks (SBUX) celebrated the 40th anniversary since beginning with Howard Schulz and a packed coffee store in Seattle and growing into a manifestation of the American Dream with a founder running for the Presidency and thousands of coffee stores across the globe. With revenues of $10.7 billion last year and 16,850 shops in 40 countries, Starbucks is one of the world’s most well-recognized […]

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The Big Four: Here to Stay

The Big Four: Here to Stay

In 1997, shares of Amazon (AMZN) & Apple (AAPL) traded below $2 per share. Facebook (FB) & Google (GOOGL) hadn’t even been started. It was the dawn of the Internet Era. The following year, Google was launched by a pair of Ph.D. students who now collectively own 14% of a $835 Billion company. Mark Zuckerberg was 14 and probably hadn’t started applying to Harvard. As […]

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What Happened This Week 6/21/2019

WHAT HAPPENED THIS WEEK? ⚡️ Fast Facts ⚡️  Walmart Inc. (WMT +0.77%) agreed to pay $282 million to resolve years-long criminal and regulatory investigations into whether it paid bribes around the world, agreeing that it had lax policies in place to catch potential corruption.  The Dow Jones Industrial Average briefly charted near record territory on Friday before turning negative in the last half-hour of trading. For the week, all […]

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What Happened This Week 6/7/2019

WHAT HAPPENED THIS WEEK? ⚡️ Fast Facts ⚡️  FedEx (FDX) didn’t renew its U.S. air-delivery contract with Amazon (AMZN) citing that their new focus will be on “serving the broader e-commerce market” in which US package volume from online shopping is expected to double by 2026.  Boeing Co (BA) knew about a defective warning light on its 737 MAX jetliner since 2017but decided to defer fixing it until […]

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What Happened This Week 5/31/2019

WHAT HAPPENED LAST WEEK? ⚡️ Fast Facts ⚡️  U.S. Government Bonds rally as the U.S. dollar exhibits strength in the midst of escalating global trade tensions that are raising the demand for safer assets.  Uber Technologies Inc. (UBER) losses topped $1 billion in its first quarterly report as a publicly traded company illustrating the impact of continued heavy spending to fend off ride-hailing and delivery competitors.  Another mass shooting… A mourning Virginia Beach, […]

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What Happened This Week 4/26/2019

WHAT HAPPENED THIS WEEK? ⚡️ Fast Facts ⚡️  First quarter US GDP grew at 3.2%, the Bureau of Economic Analysis announced on Friday, beating expectations and topping 3% in the first quarter for the first time since 2015.  The White House is considering conceding the protection of pharmaceuticals in trade talks with China. US and Chinese trade leaders will meet in Beijing next week to continue the ongoing conversation. […]

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What Happened This Week 4/19/2019

WHAT HAPPENED THIS WEEK? ⚡️ Fast Facts ⚡️  Pinterest (PINS) opened its IPO at $19 before climbing 28% during its first official day of trading on Thursday. ‍⚖️ Investors are suing Lyft (LYFT) for overstating its market position in the lead up to its IPO on March 29th of this year.  Millions of Instagram users’ passwords were exposed in plain text, Facebook (FB) Vice President of Engineering Pedro Canahuati […]

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What Happened This Week 4/12/2019

WHAT HAPPENED THIS WEEK?   Fast Facts 🍿Disney (DIS) announced its upcoming streaming service, Disney+, will open in November 2019 on Friday. The company’s stock rose 10% following the news while its $6.99 competitive price tag sent Netflix’s (NFLX) stock down 4%.   🇬🇧The European Union extended the UK’s Brexit deadline to October 31 on Thursday.   📈Economists expect price inflation to increase to 0.4% […]

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