What’s going on? SoftBank – a Japanese conglomerate, reported better-than-expected earnings after its investment in DoorDash really delivered. What does that mean? Both the global rally in tech stocks and the booming demand for IPOs has led to SoftBank’s doing well in private investments, leading to a record profit for its Vision Fund – the…
Tag: America
Ep 32: Cloak And Dagger
What’s Going On Here? The US reported that China’s April holdings of American government bonds were at their lowest level in two years. Investors pondered whether the decline was in retaliation to ongoing trade tariffs. What Does This Mean? China owns almost 1/3 of all US debt held outside America. (China likes Uncle Sam’s bonds: they’re low-risk since the US can always print more…
Ep 24: Dassault, Folks
What’s Going On Here? French tech titan Dassault Systèmes announced a $6 billion acquisition of American software company Medidata Solutions, shining a light on previously announced major marriages… What Does This Mean? “Analytics” seems to be a buzzword right now: Salesforce’s purchase helping its customers make more sales to you; Medidata’s tools helping biotech and pharma companies keep track of their drugs during clinical…
Ep 20: America Halves The Dream
What’s Going On Here? Friday’s jobs report showed that the US added just 75,000 jobs in May – less than half the number expected. What Does This Mean? For sectors The healthcare sector nursed 16,000 new jobs; Professional and business services (like lawyers and researchers) added 33,000; Jobs in retail, manufacturing, and working for Uncle Sam didn’t grow by much; Nor…
Ep 12: The crypto rebellion
What’s going on here? The history: American history is filled with rebellion against dominating government: Tax-weary colonists throwing tea into Boston harbor; or The Reagan Revolution where voters demanded a rest from regulation in 1981. Today: Leading figures in the cryptocurrency industry are at a breaking point of their own, issuing a collective protest against the…
with HT 