Shoppers Are Back
Although Americans spent more time and money shopping on Black Friday than they did the year before, certain figures indicate that they were also cautious with their spending as inflation put a strain on their wallets.
Go Deeper (2 min read)Bob Iger Is Back At Disney
Disney greatly increased its content investment under Chapek, reaching over $30 billion in just one year. In addition, Disney+ was priced significantly lower than most of its competitors.
Go Deeper (2 min read)Restaurant Brands International Inc. (RBI) is one of the world's largest fast-food restaurant companies with more than $35 billion in annual system sales and over 29,000 restaurants in more than 100 countries.
Go Deeper (7 min read)The Struggles Of Meat-Alternative Companies
In May 2019, Beyond was one of the most successful IPO in more than two decades. Later that year, it signed agreements with major restaurant and grocery store chains and secured the endorsement of celebrities.
Go Deeper (3 min read)How Sophisticated Investors Got Into FTX
Sam Bankman-Fried, also known as SBF, received financial support from a large number of the world's top investment organisations, including Sequoia Capital and Singapore's state-owned Temasek.
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Big Tech Is Crashing
Amazon anticipates fourth-quarter revenue to be between $140 billion and $148 billion, up 2% to 8% from the same period last year. Refinitiv reports that analysts were anticipating sales to total $155 billion.
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The Procter & Gamble Company (P&G) is an American consumer goods giant specializing in a wide range of personal care and hygiene products. P&G is one of the world’s largest consumer goods company with net sales of $80.1 B in 2022.
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Meesho Is Catching Up
The app, which is only available in India, has 127 million downloads within the same time period compared to 81 million for Amazon and 50 million for Flipkart.
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Party Over Profits
Since taking office in 2012, Xi Jinping has prioritized ideological purity, national security, and Communist Party dominance. Additionally, he has insisted on tighter government regulation of the economy.
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After two years of port congestion and container shortages, logistic issues are slowly easing as Chinese exports decline as a result of softer demand from Western nations and weaker global economic outlook.
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Rivian, Still A Bubble?
Founded in 2009, Rivian Automotive, Inc. is an American manufacturer of electric vehicles and provider of automotive technologies. Its car a built on a so-called skateboard platform that can accommodate future vehicles or be adopted by other automotive companies.
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