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3 reasons why Elon Musk is buying Twitter
It’s official: Elon Musk, the world’s richest man, has officially purchased Twitter for an estimated $44 billion. Twitter’s board has accepted his offer of paying shareholders $54.20 cash for each share they hold.  The deal will enable Musk to take Twitter private and, according to him, ...
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Is Inflation likely to continue?
The Bureau of Labor and Statistics released its producer price index (PPI) data on Thursday, and prices for April have surged, 11% higher than the prices that were seen a year prior. The PPI is usually a leading indicator for the Consumer Price Index (CPI). It potentially means that consumers still ...
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Why is the stock market dropping?
Financial markets are dealing with the Federal Reserve’s policy changes, while geopolitical challenges continue to weigh on the global economic outlook.   High Volatility in the Markets The S&P500 has seen five consecutive weekly declines, the worst record since June of 2011. Stocks attem...
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Are we headed for another recession?
The shortest recession on record was the early 2020 COVID-19 recession. We are now wondering if the post-Covid rebound has ended, and we are headed for a new recession, and if so, how bad will it be? The Federal Reserve has raised rates for two consecutive months, including, a for the first time in ...
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When is the Boston Dynamics IPO
The famous robot maker Boston Dynamics, based in Waltham, Massachusetts (not far from Boston), has shifted hands a bit. It was purchased by Google/Alphabet in 2014 and then sold to the Japanese conglomerate Softbank in 2017 for an undisclosed amount. The thought was that Japanese consumers were more...
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When is Chime’s IPO?
Chime is expected to have an IPO in the second half of 2022 (probably later), and the most recent valuations put it at around $40 billion (but it’s most likely less now). Chime is an online bank that is based in San Francisco and was created in 2013. The company’s app allows users to open [&hell...
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Will Bitcoin recover before Christmas?
Currently, the value of the Bitcoin is below 30,000 USD. At the same time, it was at a record high only about half a year ago - at that time, Bitcoin value was at 67,000 USD. Now, of course, the question is whether bitcoin will recover. Is there any chance that by Christmas, the dominant […]...
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Space X new Valuation
According to CNBC, Elon Musk's space company Space X is expected to increase its enterprise value to a new record level very soon. After the next round of financing, this is estimated to be around USD 127 billion.Space X has been one of the best-known companies for many years, and more and more inve...
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Boston Dynamics and USA Military Contract
The Boston Dynamics company is particularly known for building robots with human-like behavior. Today, Boston Dynamics is one of the most advanced robotics companies in the world.But who buys the robots made by the world leader in robots with human AI? For the most part, the U.S. military! The U.S. ...
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When is the Discord IPO?
The fans of Discord are asking, When will Discord IPO? And this is a great question. The anticipated Discord IPO is still uncertain. However, it is believed that the IPO will happen this year, possibly in the first half, yet there are still no dates set, so it is unlikely.   If you don’t know [&h...
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