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New S&P Communications Sector Brings Uncertainty

In perhaps what is one of the biggest news stories concerning the financial markets as of late, S&P Dow Jones has announced the inauguration of a new “Communications” stock sector, which will include Facebook, Alphabet Inc., and Netflix, three of the so-called FANG stocks. The only FANG member to avoid this significant reclassification is Apple, […]

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Electric Car Competition Heats Up as Tesla’s Troubles Grow

Over the past few months, it’s safe to say that Tesla CEO Elon Musk has generated more controversy than most individuals weather in a lifetime. While a certain amount of press attention is never a bad thing, particularly for an innovator and forward thinker such as Musk, the negative commentary surrounding his persona is contributing […]

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Uber Diving Into Scooter Share Business

This last spring, Uber quietly moved to Pier 70, near San Francisco’s famed Fisherman’s Wharf. It used to be a longshoreman’s workplace, but today Uber uses the cavernous space to spend hours a week tinkering with self-drive cars as Uber adds another side to its business, diving into a scooter share business. “Scooters from Uber? […]

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SaaS Stocks Prove Sassy Bets

The market is pouncing on SaaS (software as a service) stocks in force, and has been for some time. Since the beginning of cloud computing, more businesses are adopting this model of business. Some of the main players like Salesforce.com, Intuit, Shopify, and Square have seen over 30 percent growth since the start of the […]

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Apple Announces 3 New iPhones

• Three new iPhones announced. • iPhone XS – $999, Preorders Available September 14 • iPhone XS Max – $1099, Preorders Available September 14 • iPhone XR – $749, Preorders Available October 19 • New Series 4 Apple Watch Announced – Focus is on Fitness Tracking and Health • Apple Stock not impacted; Fitbit Down […]

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Tesla CEO Elon Musk

Tesla’s CEO Elon Musk Causes Heads To Spin

Tesla Chief Executive Officer Elon Musk has used Twitter to fight opponents in ways that very few other professional leaders would dare. His recent outpourings on Twitter, though, was risky even by his ideals. Musk was insulted at remarks from a British cave explorer who brushed off the billionaire entrepreneur’s hard work to rescue the […]

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T-Mobile and Sprint Merger will Cost 28,000 Jobs

If the T-Mobile and Sprint merger is approved it could cost more than 28,000 jobs. According to the Communications Workers of America some positions lost would be at T-Mobile USA’s Bellevue headquarters. If the deal goes through it would lead to the nation’s second largest wireless carrier behind Verizon, controlling about 100 million customers. While […]

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