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…
Category: Daily News
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…
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…
Ep 101: JPMorgan’s ‘High-Class Problem’: Its Rising Stock Makes Buybacks More Expensive
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…
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…
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…
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,…
Ep 95: US companies suspend China operations, restrict travel as coronavirus outbreak spreads
What’s going here? Disney, McDonald’s, Starbucks and other U.S. companies with significant exposure in China are suspending operations as response to the outbreak of the coronavirus. The municipal government of Shanghai also issued a notice ordering companies not to resume work after the CNY holiday until Feb. 3, instead of Jan. 31. The virus has…
with HT 