In 2014, Elon Musk secured $1.3 billion in tax grants from the state of Nevada to open a battery plant, this caught the attention of Jeff Bezos. Bezos grew green with envy over Musk’s ability to pit five states against each other in the form of tax incentive packages. As a result, Bezos couldn’t help but question why it was regularly accepting comparatively minuscule incentives. […]
As of last week, the Big Four (Amazon, Apple, Facebook, and Google) have a combined market cap of $3.2 TRILLION which represents over 15% of the $20 trillion US economy. 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 […]
Black Friday has come and gone. Another historic year of sales is in the books. So that has left many curious about how to invest after the recent numbers… Transfer of Power Retail store sales continue to decline this year. E-commerce giants like Amazon (AMZN), Alibaba (BABA), and Shopify (SHOP) threaten to put brick-and-mortar stores out of business. In 2016, foot traffic on Black Friday […]
The past month hasn’t been a good one for investors in FAANG (FB, AAPL, AMZN, NFLX, GOOG) and other major tech stocks. FAANG stocks were down an average of about 5.5% while popular recent IPO Snap Inc. (SNAP) is down 16.4%. So what caused this decline? Let’s take a deeper look as we continue to step towards financial fluency. Although there are differing opinions, it […]