Buy High, and Hope to God it Goes Higher
Apparently Zillow’s recent failure in the AI home flipping market wasn’t enough of an harbinger for Opendoor, the company reportedly lost money on 42% of their transactions in the month … Read More
Peloton announced Monday that John Foley (Executive Chair) would step down from the Board of Directors, effective immediately. In the statement filed with the SEC, Peloton said, “Mr. Foley’s departure … Read More
American Airlines is drunk and high at the same time, drinking champagne on the airplane! American Airlines goes big on big and agrees to buy 20 planes from Boom Technology, … Read More
After announcing earlier in May that the hedge fund would officially close its doors, Melvin Capital now gets hit with the SEC investigation into its fund’s “risk management strategy”, or … Read More
The infamous SoftBank breaking records yet again. The tech investor reported their largest quarterly loss ever, coming in at a cool $23.4 Billion loss for Q2. Excellent job, guys. Per … Read More
How the mighty have fallen. Alibaba’s illustrious IPO in 2014 served as a focal point in the world of e-commerce, nearly joining the likes of Amazon, Microsoft, Google, Apple, Tesla, … Read More
As if the dim lights, questionable individuals, and poor customer service wasn’t enough, Walmart announced today that it was cutting its profit outlook for the second quarter and fiscal year … Read More
After climbing to fresh highs throughout the pandemic-driven shutdown kingpins (Zoom, Microsoft, Roku, etc.), Netlifx enjoyed a somewhat pleasant ride to absolutely astronomical evaluations, only to come crashing down amidst … Read More
Just after two years, chief executive Sonia Syngal steps down, unable to fulfill the promise of rising the company back to stardom within the American public. The retailer was strong … Read More
