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We define what a company's burn rate is and what it means when they become a zombie company. The entire airline industry is on the verge of a huge shake up.
In the midst of a pandemic it is still a sellers market. What risks are on the horizon? Can this market possibly keep it up?
Need a good realtor in the Bay Area? Justin Thomas is your guy: [email protected]
Last week Apple pulled Fortnite from the app store because they created a way for gamers to pay Epic Games directly on their mobile app. This goes against Apple's terms of service where they are entitled to a 30% cut of any transaction that happens on an app from the app store. This is part of a much larger monopoly problem that is reaching a boiling point.
#FreeFortnite video https://www.youtube.com/watch?v=euiSHuaw6Q4
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Here we go again. Another top company announced a stock split and surged. Not sure what a stock split is? Listen to my episode about apple's stock split for a better understanding. People... this adds no value to the company! So why does a stock split make a company go up so much?
The Kodak corruption story continues and there are plenty of financial lessons to learn away. In this episode I cover employee stock options, trade halts, and insider trading within the scope of Kodak's scandal.
On Thursday trump signed an executive order that set a 45 day timeline until TikTok and WeChat are officially banned. Investors are afraid that WeChat is just one of Tencent's many companies that Trump will ban. In one announcement he made Tencent lose $60 billion worth of value. The boxing match between the US and China is just getting started.
Despite a historically high unemployment rate, household income in June was above the level it was in February, before the pandemic had spread widely in the U.S. How long can we keep this up?
Microsoft is attempting to buy TikTok. This even just being a possibility added nearly 90 billion worth of value to Microsoft, but it appears that something fishy is in the air.
Kodak stock jumped from $2-$60 in three days. When you dig deeper into how this happened it looks very suspicious... Possible government backroom deals? Insider trading? Let's see how this one plays out.
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Apple announced on their earnings call that they were doing a 4:1 stock split.
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