Elon Musk considering taking Tesla private

Tesla tossup Elon Musk announced on Tuesday that he is considering taking the company private, as he loathes having to constantly answer to investors. In fact, Elon Musk even tweeted that he had secured funding to make it go private “at $420.” Although nothing has been confirmed, investors are still shaking at the thought of […]
  • Ben Norman
  • August 7, 2018
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Apple reaches $1 trillion

That’s a lot of zeroes On Thursday, Apple officially became the first American public company to reach $1 trillion in value. Their stock rose over $207 on the day, allowing the company to cross that milestone. Apple’s shares jumped on Wednesday after their earnings report exceeded expectations, which caused the climb. This stems from the […]
  • Ben Norman
  • August 3, 2018
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Amazon beats Q2 expectations

Amazon continues to dominate Amazon exceeded investors’ expectations in the second quarter, causing their stock to jump almost four percent on Thursday. In fact, Amazon more than doubled analysts’ forecasts last quarter. They posted a $2.5 billion profit, $52.9 billion in revenue, and $5.07 per share. In fact, there’s a chance that Amazon might double […]
  • Ben Norman
  • July 27, 2018
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Microsoft has first $100 billion year

Microsoft sales on Cloud Nine Microsoft announced Thursday that it raked in $110 billion in the 2018 fiscal year – the first time it’s eclipsed $100 billion in the history of the company. The milestone largely stems from the tech giant’s investment in its cloud business. Their commercial cloud arm pulled in almost $7 billion […]
  • Ben Norman
  • July 20, 2018
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Amazon buys PillPack for $1 billion

Amazon adds to its portfolio PillPack, a Boston-based pharmacy startup, has just made a $1 billion deal with Amazon, from which the two co-founders will make $100 million each. The five-year-old company uses software to speed up the refill and co-pay processes; plus, it ships combined prescriptions for people that take multiple kinds of drugs. […]
  • Ben Norman
  • July 3, 2018
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Steel manufacturer invests in new factory following Trump tariffs

Steel tariffs are showing promising economic growth In March, President Trump imposed a 25% tariff on imported steel, hoping to bolster US manufacturing. JSW Steel USA may finally be the saving grace to his policy, as it invests $500 million in a new US manufacturing plant. The Indian-owned company will not only invest half a […]
  • Ben Norman
  • June 23, 2018
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GM and Softbank invest in autonomous cars

All aboard the self-driving bandwagon GM and Softbank are the most recent firms to invest in self-driving cars. Japanese holding company Softbank announced its investment of $2.25 billion into GM’s self-driving development. In December, the firm purchased a 15% stake in Uber, who is also testing self-driving functionalities. GM will follow suit, investing $1.1 billion […]
  • Ben Norman
  • June 1, 2018
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Warren Buffett nearly invested in Uber

Uber misses out on Buffett’s investment When Warren Buffett invests in or even comments on a company, every investor takes notice. Indeed, he has the ability to send shares skyrocketing solely because he is confident in it. Further, when he announced that he bought 75 million shares of Apple (AAPL) in the first few months […]
  • Ben Norman
  • May 31, 2018
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Starbucks’s new policy towards non-paying customers

Starbucks’s new policy allows non-paying customers to sit in their cafes and use their restrooms. A video centered on two African American men in a Starbucks in Philadelphia spiraled out of control on the internet. It caught world-wide attention not long ago. The two men, Rashon Nelson and Donte Robinson, were seen to be ushered […]
  • Crystal Ng
  • May 23, 2018
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