What’s Going On Here? Airbnb welcomed a new $1 billion investment this week as private investors helped the accommodation marketplace #stayhome and #stayalive during the coronavirus pandemic. What Does This Mean? Neither Airbnb nor its two new investors gave all the details, but they did reveal that the investment was a mixture of equity and debt,…
Author: Finterest
Ep 107: Climb And Punishment
What’s Going On Here? Take a long look at your dividends, because they could be your last for a while: Goldman Sachs reckons coronavirus support for large companies has put cash payouts at risk. What Does This Mean? In its analysis of major European companies’ dividends, Goldman concluded that since this year’s payouts are mostly paid…
Ep 106: Climb And Punishment
What’s Going On Here? As coronavirus fatalities in Europe and the US show signs of letting up, analysts at investment bank JPMorgan think they can see an end to stock markets’ steep decline. What Does This Mean? JPMorgan looked at the relationship between newly reported coronavirus cases and stock market volatility, and it found they’re positively correlated….
Ep 105: Cautious Optimism
What’s Going On Here? The price of oil had one of its best two-day climbs on record, as Russia and Saudi Arabia shuffled closer to elbow-shaking on an end to their price war. What Does This Mean? Both Russia and Saudi Arabia have been producing more oil than anyone needed, and with supply massively outweighing…
Ep 104: Feeling Faint
What’s Going On Here? The oil price suffered its biggest drop in almost 30 years, after Saudi Arabia unexpectedly flooded the market! What Does This Mean? Oil is caught in the middle of two at-odds countries right now. On one side, there’s Saudi Arabia – the biggest producer of the OPEC. And on the other, Russia…
Ep 104: Trial And Error
What’s Going On Here? After the Fed’s emergency interest rate cut on Tuesday, some investors were left wondering if the central bank had used the right tool for the job. What Does This Mean? When central banks lower the cost of borrowing money, they’re trying to encourage companies to take out loans and use that…
Ep 103: Coronavirus is affecting everything, even Diet Coke
What’s going on here? Coca-Cola said it depends on Chinese suppliers for sweeteners that are a key ingredient to the popular diet soda. The company also warned of possible supply chain issues in the long term, should the outbreak continue to grow. What does that mean? Coke says it is implementing procedures to procure the…
Journal Report 8: Private Equity
What is private equity? PE firms are part of the fabled ‘buy-side’ PE is one of the most praised types of work in finance. The typical route into private equity is after having spent 2 years at a top IB and/or completing an MBA at a top business school. For an excellent insight into the…
Journal Report 7: Investment Banking
What is Investment Banking? 5 Steps to Understand the Industry An IB is comprised of three main areas: investment banking division (IBD), sales and trading (S&T), Asset Management. The large global banks typically offer all 3, with smaller banks usually focusing more on the IBD side covering advisory and M&A. Define IBD IBD is sometimes…
Ep 102: Spotify Scrapped
What’s Going On Here? Spotify wrapped up last year with disappointing fourth-quarter earnings, something unbelievable for the streaming giant. What Does This Mean? Spotify added 11 million paying customers in Q4/2019, beating investors’ expectations and bringing the total number of subscribers to 124 million – more than double its closest rival. But it’s been spending big…
