Ep 182: Tik Tok Toe

What’s going on? The US House just passed the bill that would force ByteDance to ban or sell Tiktok’s US arm. What does this mean? Why should I care? The bigger picture: We’ll see how China reacts Zooming out: Someone is chuckling Content source: Finimize (2024) Tik Tok Boom. Available at: https://finimize.com/content/tik-tok-boom [Accessed on Mar 16, 2024]

Ep 179: Ride-hailing giant Uber finally saw a positive sign

What’s going on? Uber announced record-breaking bookings at its 1H update. What does this mean? Uber’s revenue more than double yoy to $8b: The number of Uber’s monthly users hit a new peak in 2Q, with an increase of 24% yoy. The number of highly-profitable airport trips also hit an all-time high; 2Q also marked…

Ep 165: Wake the US stock market up when September ends

What’s going on? The US stock market hit another record high, but there are signs that this hype is fading soon. What does this mean? The S&P 500 has delivered a positive September-return in less than half the time since World War 2 (reported by research firm CFRA). For this year’s September, The key US…

Ep 160: Deere’s promising update and the agriculture landscape

What’s going on? Deere & Co. posted better-than-expected earnings, as its agricultural equipment became a must-have for the industry. What does this mean? Farmers have been spending more on its machinery to meet demand, which brought Deere’s quarterly revenue and profit ahead of expectations by 11% and 16% respectively. And while that boom has started…

Ep 159: Iron ore price drop and the global economy

What’s going on? Iron ore price dropped to a 4-month low, as China decided to go green. What does this mean? Iron ore is a major component of steel, which is a major component of cars, buildings, and things that helps the world stay still. The recent price drop of iron ore might be largely…

Ep 147: JD.com’s glow and China’s digital future

What’s going on? Online retail giant JD.com reported better-than-expected results, after China proved it’s leaning into a digital future. What does that mean? JD.com’s been making the most of the pandemic, reporting an expectation-beating 31% sales jump in Q4/2020. While in-house delivery is what sets JD apart from Alibaba (which relies on 3rd-party couriers),  investors are…

Ep 146: Gold is not thought to be such strong protection

What’s going on? BlackRock thinks that gold might not protect investors that much. What does that mean? Gold is typically thought of as a hedge: protecting investors from inflation by rising alongside the prices of goods and services and stock market drops (given that investors usually buy gold in bear times). But BlackRock thinks there…