What’s going on here? Jamie Dimon is facing a problem: a lot of cash and an expensive stock. Over the past three years, Mr. Dimon’s JPMorgan has spent most of its profit on share repurchases, which has been a boon for shareholders. The issue now is that JPMorgan shares, are getting more expensive. Analysts and…
Author: Finterest
Ep 100: Rumble In The Jungle
What’s Going On Here? Amazon’s 4th quarter weaved beyond investors’ expectations, helping the company’s stock price punch 10% higher. What Does This Mean? Total revenue at Amazon grew 21% last quarter, much more than investors expected. The record holiday sales season probably helped, with unprecedented US store closures last year potentially leaving some Main Street shoppers…
Ep 99: Farfetch Raises $250M To Grow Luxury Fashion Platform
What’s going on here? Farfetch, a luxury technology platform, has raised $125 million from Tencent and $125 million from Dragoneer through the sale of convertible senior notes. Tencent is a global technology company based in Shenzhen, China, and Dragoneer is an investment firm based in San Francisco. The journey ahead Farfetch will use the capital to…
Journal Report 6: SoftBank Is Funding Every Side of a Bruising Startup Battle
Introduction In Mexico, for two years, the legendary late-night snack spot El Moro relied on Uber Eats to deliver its churros and hot cocoa to takeout customers across the capital. Then, in late 2018, it dumped Uber for an exclusive deal with rival delivery startup Rappi. The Colombian company offered to make deliveries for 10%…
Journal Report 5: Better Buy: Procter & Gamble vs. Coca-Cola
Introduction Procter & Gamble and Coca-Cola have more in common than just age. Both are part of one of the most elite clubs in the stock market: the Dividend Aristocrats. The 57 companies in this group have not only paid out dividends without fail for 25 years, but also increased the dividend payout every year over that span….
Ep 98: Britain Officially Leaves EU
What was going on? On June 23, 2016, 52% of British voters chose to leave the EU. A lot has happened in the 1,317 days following: Prime ministers stepped down, proposed deals came and went, ceremonial maces were grabbed. But tonight (Jan 30, 2020), at 11pm London time, Brexit is actually, seriously, indubitably happening. What lies…
Journal Report 4: The British Pound As Brexit Approaches
What’s going on here? When it came to the switch from currencies to the euro, the Germans gave up their Deutsche mark, the French franc disappeared, and the Dutch guilder was no more, the Greeks gave up their drachma, and the Italians retired the lira. However, the British pound remained the currency of choice for…
Ep 97: Apple’s incredible wearables turn into the next huge hit after the iPhone
What’s going on here? Apple reported a knockout quarter, showing growth in iPhone sales and promising numbers in China just a year after sales there fell off a cliff. But the most interesting story at Apple is about the massive success of its wearables products, including the Apple Watch and AirPods. Apple may like to focus on…
Ep 96: Billion-dollar businesses: 31 names accounting for 72% of Vietnam’s stock market cap, banks group surpasses VinGroup
What’s going on here? Not long ago, the number of enterprises with billion-dollar capitalization on Vietnam’s stock market could only be counted on fingers, but with the growth of the stock market, combined with a series of big names simultaneously listing, that number increases sharply. As of January 22, 2020, on all 3 exchanges HoSE,…
Journal Report 3: Why Fierce Competitors Apple and Amazon Became ’Frenemies’ Over eReaders
Introduction Let’s get one thing straight from the start: Apple and Amazon are not friends. To put it into market terms, both companies would like nothing better than to have customers to themselves, wrapped up in their own seamless media universes: iTunes, iPad, and Apple TV on the one hand; and Kindle, Amazon Prime, and Fire…
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