As we approach the first week of August 2024, Amazon (NASDAQ: AMZN) stands at a pivotal juncture. The e-commerce and cloud computing giant, which has become synonymous with online shopping and technological innovation, continues to shape the digital landscape. Here’s an in-depth analysis of Amazon’s stock performance, financial health, strategic initiatives, and future prospects. Current … Read more
Ever stumbled upon old headlines about Nvidia and thought, “Why didn’t I invest?” You’re definitely not alone. Today, let’s switch gears and check out five companies making major strides across industries like real estate and healthcare. Could any be the next big thing? They’re certainly worth a closer look. Ready to dive in? 1. Gaming … Read more
In a vast warehouse, robots zip and whirl. They sort and move boxes with speed and precision. This isn’t the future. It’s today. Driven by a company listed as SYM on NASDAQ. Symbotic Inc. is transforming the supply chain industry with its AI-powered robotics and automation technology. Founded in 2007 as CasePick Systems and rebranded … Read more
Imagine earning $8 million every hour without paying taxes. That’s Jeff Bezos’ reality. Let’s explore how he manages this and how it compares with the tax challenges of small businesses and typical earners. Jeff Bezos’ wealth comes mainly from Amazon stock, which grows as an “unrealized gain.” He avoids taxes on this appreciation by not … Read more
Do you remember the Facebook IPO? It stands as one of the most profitable in American market history. Facebook went public on May 18, 2012, and raised $16 billion. This made it one of the largest U.S. IPOs at the time. The shares were priced at $38 each. Despite initial technical issues and mixed reactions, … Read more
We often wish we had invested in companies like Amazon, Google, or Nvidia in the past. Similar opportunities might still be around us, unnoticed. Today, we will discuss a company that has caught my eye. Let’s get started without further ado. San Francisco, 2013. In the city’s heart, a lab buzzes with activity. Engineers, fueled … Read more
Did you know that the U.S. government introduced income tax in 1861? 📜💰 It was during the Civil War to fund the Union’s efforts. Initially, it was a 3% tax on incomes over $800, which is about $23,000 today. Surprisingly, most Americans weren’t affected. The tax mainly targeted the wealthy, exempting most farmers and laborers. … Read more
Why did the economist cross the road? To get to the other side of the yield curve! 🤓 The U.S. economy has been on a wild ride in the first half of 2024. GDP growth has slowed. Inflation persists. The Fed is trying to thread the needle between raising rates and supporting the recovery. It’s … Read more
Picture this: Vast fields of gleaming solar panels silently transforming sunlight into clean, profitable energy. As traditional energy costs soar and fossil fuels face increasing scrutiny, solar farms are emerging as a lucrative investment opportunity. But is 2024 the year to take the plunge? Let’s crunch the numbers and shed some light on this electrifying … Read more
Big news from the car world on June 25, 2024! Rivian and Volkswagen kicked off an exciting $5 billion partnership. They’re setting out to develop awesome new tech for electric vehicles. This could change the whole car scene and speed up our move to greener transportation. Rivian: A Rising Star Facing Challenges Rivian, an innovative … Read more