Description: eMarketer senior analyst at Insider Intelligence Jasmine Enberg discusses when travel (and travel advertising) will recover and some good and not-so-good examples of how travel advertisers are running campaigns. She then talks about whether Twitter can make a space for healthy conversations, our expectations for WhatsApp, and the significance of social platforms ending the… Read more »
Posts Categorized: Personal Finance
SPOS #759 – Scott Devine On Building A Thriving Online Business (No Gimmicks)
Description: Here it is: Six Pixels of Separation – Episode #759 – Host: Mitch Joel. If we have learned anything during this pandemic, it is this: the brands that are either purely digital or the ones with a strong digital component felt much less pain. Look no further than the value of a company like Amazon or the incredible… Read more »
Here’s another sign that markets have gone nuts and everyone is chasing everything
Description: It doesn’t take a rocket scientist to discern that financial markets are full of juice at the moment, with the S&P 500 SPX, -0.12% ending Thursday at its fourth record high of the young year and up 72% from the lows of March 2020. The last 12 weeks have seen the largest inflows to stocks ever, according… Read more »
GameStop halted for trading after 70% jump in apparent short squeeze
Description: GameStop (GME) was temporarily halted for trading due to volatility after the stock jumped a whopping 70% on Friday in an apparent crush on short-sellers. The stock resumed trading in the afternoon and was up around 35%. Source: Yahoo.Finance.com – video report Date: Jan 22, 2021 Link: https://ca.finance.yahoo.com/news/gamestop-halted-for-trading-after-70-jump-in-apparent-short-squeeze-192635040.html Questions for discussion: What does the… Read more »
P&G’s CFO Predicts Profits From Pandemic-Related Changes Will Continue
Description: Procter & Gamble’s quarterly earnings, announced Wednesday, showed what many already knew: the pandemic has been profitable for companies with strong brands focused on home cleaning products and other core necessities, as consumers spend more time at home. Source: MediaPost.com Date: Jan 21, 2021 Link: https://www.mediapost.com/publications/article/359785/pgs-cfo-predicts-profits-from-pandemic-related-c.html?utm_source=newsletter&utm_medium=email&utm_content=headline&utm_campaign=121171&hashid=VqrNVU8KRva-05RcXzdoNQ Questions for discussion: What does the report say… Read more »
BlackBerry Insiders Unload Shares Amid Biggest Rally in 21 Years
Description: (Bloomberg) — Corporate insiders unloaded shares of BlackBerry Ltd. amid a frenzy of buying that turned it one of the hottest stocks of the new year. Source: BNNBloomberg.com – video report Date: Jan 22, 2021 Link: https://www.bnnbloomberg.ca/blackberry-insiders-unload-shares-amid-biggest-rally-in-21-years-1.1552660 Questions for discussion: What explains the run up in the stock price? Why is insider selling considered… Read more »
How Bitcoin tanked on a false ‘double spend’ rumor
Description: Bitcoin fell around 15% on Thursday, briefly tumbling below $30,000 before rallying later in the day. This is hardly the first time the price has swung wildly—volatility is Bitcoin’s hallmark—but Thursday’s events are notable because they were partly triggered by false rumors of an existential event: a double-spend. Source: Fortune.com – video report Date:… Read more »
Fast-Growing Alternative To Facebook And Twitter Finds Post-Trump Surge ‘Messy’
Description: The alternative social network MeWe had 12 million users at the end of 2020. Barely three weeks into 2021 — and two since a right-wing mob attacked the U.S. Capitol — the company says it’s now passed 16 million. Source: NPR.org Date: Jan 22, 2021 Link: https://www.npr.org/2021/01/22/958877682/fast-growing-alternative-to-facebook-twitter-finds-right-wing-surge-messy Questions for discussion: Summarize the conflicting issues… Read more »
Top Wall Street analysts back these stocks as earnings season kicks off
Description: Earnings season is here, and Wall Street analysts are calling for another decline amid the pandemic. However, some pros are more optimistic about the fourth quarter earnings season, with Ignacio Cantos, investment director at ATL Capital in Madrid, noting the “next catalyst will be the upcoming earnings season.” Source: CNBC.com Date: Jan 17, 2021 Link:… Read more »
There’s a Global Wall of Cash Primed to Snap Up U.S. Treasuries
Description: The Treasury market’s bears had better take notice: There’s a wall of global cash poised to swoop in and buy, likely limiting the upside in yields. Source: Bloomberg.com Date: Jan 15, 2021 Link: https://www.bloomberg.com/news/articles/2021-01-16/there-s-a-global-wall-of-cash-primed-to-snap-up-u-s-treasuries?srnd=premium-canada Questions for discussion: Explain the analysis presented and recommendations to bond players. Do you agree with this assessment?
