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1100 days ago

Gotcha! says VW - the name change to 'Voltswagen' was an April fool's prank!

The VW stock price had pooped 5% in response to the name change to reflect Volkswagen's EV future (electric volts - get it?)- now it looks like the gains were in vein. 

#Stocks
Gotcha! says VW - the name change to 'Voltswagen' was an April fool's prank!

1100 days ago

Starbucks coffee: The sprawling coffee empire

The coffee shop you all know (because it's everywhere, obviously) opened its door exactly 50 years ago, in a small market in Seattle. Who would have thought that the cute coffee shop would transform into an empire? The company now operates 33,000 stores in 80 countries. Starbucks has a market capitalization of $128 billion, and is the second quick -serving restaurant chain, trailing only the giant McDonalds. 

#Stocks #Commodities
Starbucks coffee: The sprawling coffee empire

1100 days ago

Turns out being unprofitable isn't so great

Stocks of tech firms that don't earn a profit have sunk over 20% this year as evidenced by the Goldman Sachs basket.

#Stocks #Technology
Turns out being unprofitable isn't so great

1100 days ago

Credit Suisse and Nomura shares took a beating

US and Europe regulators are still examining 6 banks linked to the Archegos story. Share prices of Credit Suisse and Nomura dropped significantly, with Nomura hitting a negative 16%, its highest drop on record. 

#Stocks
Credit Suisse and Nomura shares took a beating

1100 days ago

The Apple Watch dominates the smartwatch market

According to Bloomberg, Apple is also considering adding more roughness to its new model, with more shock resistant features to target athletes and adventurers. The waterproof exterior is still to fragile and easy to scratch. Apple sold 33.9 million watches last year, making them the number one, and by far, of the smartwatch market. 

#Stocks #Technology
The Apple Watch dominates the smartwatch market
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