Ubernomics: Billions In Bookings, But Still Not Yet Profitable
A new proposal from the US Department of Labor could uproot the way the gig economy operates by forcing companies to recognize workers as e
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Stocks Are In A Bear Market — What Does This Mean & What Can You Do
The words "bear market" strike fear into the hearts of many investors. But these deep market downturns are unavoidable, and often relatively
TikTok's Parent Company, ByteDance, Is Outspending Peers To Grow Fast
The WSJ has released a report revealing the latest financials of TikTok’s parent company Bytedance, detailing just how expensive going viral
The SEC Is Cracking Down On Celebrity Crypto Endorsements
Kim Kardashian is handing over $1.26m to settle a lawsuit surrounding a crypto advert she posted for EthereumMax on Instagram back in June 2
Job Openings Fell Again In August, As Companies Rein In Hiring
New data out yesterday showed that job openings in the US fell by more than 1.1 million in August. That's the second largest monthly decline
Peloton Doesn't Make Money From Selling Equipment Anymore
High-end fitness equipment company Peloton scored a big victory this week, announcing a deal with Amazon that sent the company's share price
Consumers Can't Keep Track Of All Of Their Subscriptions
Subscription models are everywhere. Socks, streaming sites, your favorite coffee shop, razors — even toilet paper. You name it and these day
The Fed Is Hiking Further & Faster Than Any Time In Modern History
This week the Federal Reserve signed off on its third consecutive three-quarter point rate hike, lifting the benchmark federal funds rate to
Inside TSMC, the Taiwanese chipmaking giant that’s building a new plant in Phoenix
Cullen Cioffi Capital Management Department of Equity Research As the world grapples with an ongoing chip shortage, a quiet giant among...
Jerome Powell causes Goldman to cut its S&P 500 price target. Again.
Critical information before the U.S. Trading Day During the height of the bull market – which, boy, seems so long ago – the call-option...
Almost Half of Stock Pickers Beat the Market in Early 2022 Selloff
Actively managed large-cap funds are on track to log their best performance in 13 years amid high inflation and rapidly rising interest...
Checking In On Meme-Stock Mania: Where Are They Now?
Last month news came out that a college student, Jake Freeman, had made $110m trading shares in Bed Bath & Beyond.
The US Dollar Has Gained Against Every Major Currency
The dollar in your pocket might buy a little less at the grocery store thanks to inflation, but if you travel abroad you may actually find
Porsche Has Been A Jewel In The Volkswagen Group Portfolio
This week Volkswagen confirmed its intention to float shares in Porsche —an IPO that would be one of the largest in recent European history.
Norway's Sovereign Wealth Fund Has An Enormous Stock Portfolio
Norway's Sovereign Wealth Fund, the world's largest, announces it will require companies it invests in to be net-zero emissions by 2050.
The Second Largest Cryptocurrency, Ethereum, Just Changed Forever
MERGE For those with crypto-loving colleagues or friends, you may be sick of hearing about "the merge". For the uninitiated however,...
Adobe Has Designed Its Way To An Enormous Subscription Business
Yesterday software design giant Adobe announced a $20bn deal to buy Figma, its browser-based rival that was only founded in 2012.The idea fo
The US Stock Market Just Had Its Worst Day Since 2020
"It's not what you don't know that gets you in trouble, it's what you know that just ain't so". Those words from Mark Twain were relevant ag
The Strategic Petroleum Reserve Has Hit Its Lowest Level For 38 Years
Scraping the barrels America’s crude oil stockpile has fallen below 450 million barrels, marking its lowest level since 1984, as the...
Snapchat's Advertising Business Has Matured, But Losses Keep Mounting
Snap Inc., the parent company of Snapchat, is reportedly set to layoff 20% of their employees, putting 1,200+ people at risk of losing...
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