Intel might have some trouble processing Nvidia’s latest news… On Apr. 12, Nvidia, the world’s most valuable chipmaker, came out with 2 big announcements: Plans to build its own data center central processing unit chips (CPUs – i.e. brain inside your computers) that would operate 10x faster than other chips – a move that would…
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Snapchat Stock: Product innovation is driving Snapchat’s growth
Snap isn’t the disappearing chat app you once thought it was. Snapchat stock: With a focus on e-commerce/augmented reality (AR) and addiction with pumping out new products — Snap is positioning itself for years of rapid growth. Launch, expand, repeat With usage surging during the pandemic, Snap has grown into so much more than a…
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Flying electric vehicle stocks are here
We’ve successfully cloned sheep, CRISPR can be used to edit genes, but nothing feels quite as futuristic as flying taxis. Over the past few months, several flying electric vehicle companies/electric vertical-takeoff-and-landing vehicle (eVTOL – aka electric helicopters) companies have been going public – mostly through SPACs. Funding the takeoff – flying electric vehicles Electric, flying…
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PayPal adds Bitcoin in its next move to become a super app
It could already transfer money faster than a speeding bullet — but now, PayPal is doing everything it can to truly become super. On Mar. 30, Paypal announced that users can now pay with Bitcoin — a move that pushes it closer into crypto and becoming an all-in-one financial super app. Times are changing, and…
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Volkswagen continues to take market share from Tesla
In what may be the worst April Fools joke of 2021 – Volkswagen rebranded (jokingly) its name to “Voltswagen”. An indication of how serious they are in going electric – and taking down Tesla. For any other company, the PR scheme would have been genius. Unfortunately for Volkswagen, this only reminded people about its 2015…
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WeWork to go public via SPAC – but can it convince investors it’s worth the investment?
You know the old saying – if at first, you lose forty billion dollars, try, try again. Two years after its epic IPO failure, WeWork is again planning to go public – this time, via SPAC, BowX Acquisition Corp. ($BOWX) at a valuation of $9b. Office space, beer and community disguised as innovation WeWork was…
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Restaurant Brands International targets global expansion with Popeyes
In 2019, Popeyes’ chicken sandwich took the world by storm — going viral and leaving customers wanting more, so much that Quavo tried selling second-hand sandwiches for $1k each. Restaurant Brands International ($QSR), the owner of Popeyes, Burger King and Tim Hortons, is now looking to take that success internationally. How COVID impacted restaurants differently……
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Chinese Regulators Crack Down on Tech Giants — Stocks Come Under Pressure
When it rains, it pours – and China’s biggest tech companies are in the middle of a hurricane. On Mar. 12, China’s antitrust regulator followed through on its threats to rein in the internet economy by fining 12 companies, including Tencent ($TCEHY) and Baidu ($BIDU), over past acquisitions and investments. Caught in the reign The…
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Coursera prepares for IPO after the pandemic sends edtech stocks up
After years of preparation, Coursera is ready to defend its dissertation. On March 5, Coursera, an online education platform released its S-1 filing as it prepares to go public – a highly anticipated event in the education technology (edtech) industry. Online education was supposed to disrupt traditional education Low cost and globally accessible education sound…
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DraftKings Delivers An Uppercut To The Competition After Deals with UFC, DISH Network
Ladies and gents, presenting your online sports betting heavyweight champion – DraftKings. A week after DraftKings reported strong fourth-quarter earnings, the champ is making waves by striking new deals with UFC and Dish Network. Strike while the iron is hot Since the US Supreme Court voted to give individual states the option to legalize online/offline…
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