Connect with us

Business

Weekly Roundup: Top 10 Stories This Week

Published

on

Here are the top 10 highlights for this week.

1. Have Tencent Shares Bottomed Out After Losing $150B This Year?

Tencent [TCEHY] investors have had a rough year so far as shares of China’s internet giant have declined close to 30% this year. Here’s an analysis on the stock.

2. Lyft Is Trying To Beat Uber To The IPO Punch

Word just got out that Uber is trying to go public at a $120B valuation. But it looks like Lyft is trying to beat its arch-rival to the punch!

3. TED Talk: How I Learned To Read AND Trade Stocks In Prison

Financial literacy is empowering. More than being touted as skill, it’s a lifestyle. Take it from Curtis “Wall Street” Carroll. As an incarcerated individual, Caroll knows the power of a dollar. While in prison, he taught himself how to read and trade stocks, and now he shares a simple, powerful message: we all need to be more savvy with our money.

4. How To Hustle Your Way To $150M Like 50 Cent

From New York’s boroughs, rap mogul 50 Cent has hustled his way through building a media empire and creating a fortune through his aggressive business mentality. Here’s how he did it.

5. Cannabis Scorecard: Top 5 Stocks Gained Over 15% This Month

With cannabis stocks beating the stock market by a whopping 221% this year, the industry is riding a high. Here, we look at the top 5 marijuana stocks and their performance this month.

6. Uber, Lyft And Top VCs Are Pouring Billions Into ‘Micromobility’—Here’s Why

Nowadays, to Uber somewhere has pretty much become a verb in the English language. But less than 10 years ago, no one even knew what Uber was. And Uber is rumored to be worth $120B on the public markets, should they IPO in the near future.

This might be the reason investors are flocking to bike – and scooter-sharing startups in the so-called “micromobility space.”

7. This $15B E-Cigarette Startup Is The Fastest Growing In History

The global startup space continues to attract investments. Venture Capitalists are pouring in big money into companies that have a huge total available market (or TAM). The latest to join the growing list is e-cigarette startup Juul.

8. NBA Star Chris Paul: ‘Here’s How I Deal With Change’

Over recent years, NBA’s star basketball player Chris Paul had to cope with a lot of changes that were thrown his way. Despite winning multiple accolades, and ranking third across NBA’s history, Paul tells he dealt with a lot of anxiety and learnt to deal with the changes.

9. How To Launch Your Business In Less Than 30 Days

Got a great business idea that you think might be the next big thing? Despite the uncertainty and the risks tagged to becoming an entrepreneur, you wouldn’t know until you try. Besides, it takes less than a month to launch a product or service. Here’s how you make that happen.

10. Battle Of The Stocks: Canopy Growth Vs Aurora Cannabis

Several investors wanting to gain a foothold by purchasing cannabis stocks in the last few months. Here’s our stock pick. 

Business

$137 Billion On The Line With Jeff and MacKenzie Bezos Divorce

Published

on

A year after becoming the richest person, Jeff Bezos, founder of Amazon.com, is getting a divorce from his wife MacKenzie. The news broke in the below tweet from Jeff last Wednesday.

MacKenzie is said to have played a significant role in Amazon in the early years of the company. If the split goes as predicted, she will then become the richest woman in the world.

Investors will be comfortable once the divorce does not affect the growth and profitability of Amazon

Continue Reading

Business

What Are Your Favorite Christmas Songs And How Much Money Do They Make?

Published

on

Christmas is the gift that keeps on giving for a select group of singers, songwriters and producers. An article in Forbes recently pegged U.S’s Christmas Music as the “Global King” compared to other genres of music like Pop.

So how much money are they talking? CNBC’s Tom Chitty explains.

 

 

Continue Reading

Business

This Uber Killer Wants To Drive You Around In A Lambo…For £5

Published

on

Uber and Lyft broke the internet last week with the headline-grabbing news of their impending IPOs.

While all that was going on, another ride-hailing service called miwhip (“my whip” — get it?) came out of left field, announcing their desire to drive ride-hailers around in luxury sports cars like Lamborghinis, Ferraris, and whatever the hell else the heart desires.

But as usual, there’s a caveat…

Not going to call it a bait-and-switch, but here’s what Forbes wrote on their Instagram:

A new Uber rival in London, miwhip, lets you travel in gold supercars, and trips can cost as little as £5.

The ride-sharing app launched at the end of last month with an Austin Powers villain-worthy Lamborghini Aventador, Ferrari 488, Rolls Royce Ghost II, Mercedes G Wagon and McLaren 720s.

Within 48 hours of receiving the private hire operator license from Transport for London, miwhip spent over £1.5 million on supercars.

Miwhip takes 10% less commission than their competitors and offers daily cash outs as an homage to the five cofounders’ father, who was a mini-cab driver who worked to juggle work and family life.

 

Continue Reading

Trending