What’s Going On Here?Uber’s stock lifted after its reported better-than-expected first quarterly results as a public company. What Does This Mean?Uber’s $3 billion revenue for the first quarter of 2019 and $1 billion loss both turned out slightly better than predicted. Uber’s costs are still surging thanks to its expansion into several new and competitive…
Author: Finterest
Ep 7: Another Day, Another Tariff
What’s Going On Here?America’s announcement of new tariffs on Mexican products sent investors running from stock markets straight into government bonds (yields of which hit new lows). What Does This Mean?The US plans to charge an initial 5% tariff on all Mexican imports, rising each month until it reaches 25% unless Mexico agrees to curb…
Ep 6: Timeline of US – China Trade War
Overall Timeline: Events leading up:(Source: Wong. D., Koty. A. C. (2019) The US-China Trade War: A Timeline. [Online] Available from: https://www.china-briefing.com/news/the-us-china-trade-war-a-timeline [Accessed 3 June 2019]) 2011 – 2016 Trump makes several statements criticizing China’s trade practices before running for president and on the 2016 campaign trail Apr 6-7, 2017 Xi & Trump agree to set…
Ep 5: African free trade agreement. Now what?
What’s going on here?Thursday (May 30, 2019) was a notable date in African economic history as the day the African Continental Free Trade Area (AfCFTA) came into effect. What does that mean?AfCFTA is predicted to: “bring $3.6 billion in welfare gains to the continent through a boost in production and cheaper goods” (UNCTAD) from reducing…
Ep 4: Bracing for a Protracted US-China Cold War
What’s going on here?In 48 hours: China announced plans to create an “unreliable entities list” to ban foreign companies or people who violate market rules. Huawei Technology (added to a blacklist of the U.S) is reported to have canceled technical meetings with US contacts, and has sent all U.S. employees in the company’s Shenzhen R&D…
Ep 3: Axel Gets Sprung
What’s Going On Here?The German media giant – Axel Springer saw its shares surge 22% following news that investment firm KKR was looking to take Axel private. What Does This Mean?Despite investing heavily in its more profitable digital offering, tough competition has made Axel Springer’s shares value decreases by 1/4 in the last 12 months….
Ep 2: Public Uber Isn’t so Different From Private Uber
What’s going on here?Yesterday (May 30, 2019), Uber reported earnings for the first time as a public company. While Uber’s earnings weren’t awful, they showed a company struggling with slowing growth and steep losses. Where are the numbers?Of the last quarter: Revenue: $3.1 billion, up 20% annually (top end of Uber’s projections). Sales grew 25%….
Ep 1: Bonds Take A Turn
What’s Going On Here?The gap between what long- and short-term government bonds pay investors has inverted more widely, potentially foretelling recession. (The gap between what long- and short-term government bonds indicates the spread rate spread. A small spread means interests rates are expected to decrease, which lowers the economic activities.) What Does This Mean?Yields on…
About Finterest
It starts from an interest in Finance. Hi, I’m Trang from Hanoi, Vietnam. (my Linkedin & Facebook) This blog would be a place where I: summarize news that I read from newsletters or newspapers; summarize and review books that I consider helpful; practice on showing my understanding of some topics. My most favorite source of…
with HT 