What’s Going On Here? WeWork has skipped some of its rental payments, and that’s had knock-on effects for bond investors. What Does This Mean? Clearly, stay-at-home orders mean there aren’t many people paying WeWork to rent office space. Rental and mortgage payments are similar to bonds in that they both pay a regular income for a specific…
Tag: WeWork
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%…
Ep 70: OK Computer
What’s Going On Here? “Just” $40 billion separates the values of Apple and Microsoft – the world’s largest and second-largest public companies. So here’s hoping Microsoft’s better-than-expected quarterly update will help it become fitter, happier, and more productive… What Does This Mean? Microsoft’s revenue and profit was higher than forecast, and the sky was the limit for the company’s…
Ep 65: A Jobbing Economy
What’s Going On Here? US economy added 136,000 jobs in September; While that was fewer than economists predicted, the country’s unemployment rate also fell to 3.5%: a 50-year low. What Does This Mean? Investors largely ignored the disappointing job additions – perhaps because the official estimates for job growth in previous months were simultaneously increased; those that were added…
Ep 43: We The People
What’s Going On Here? A new report from investment bank Morgan Stanley advises clients to shy away from stocks – but WeWork may have a workaround for that… What Does This Mean? Global stock markets are up 16% this year. But with economic conditions worsening worldwide, Morgan Stanley thinks that company profit forecasts look overly optimistic – and so…
with HT 