Focus Finance
Scrubs Disruptor Figs Soars 36% In First IPO Available At Robinhood
Shares of the medical scrubs retailer Figs Inc (NYSE: FIGS) have soared 36% after its market debut on Thursday, valuing the Santa...
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Focus Finance
May 26, 20211 min read
Big Oil Was Dealt Two Major Blows Wednesday As Climate Concerns Rise
The fight to cut corporate greenhouse gas emissions has intensified, as shareholders and governments have begun to directly target the...
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Focus Finance
May 25, 20211 min read
‘FOMO’ ETF Debuts While GameStop And AMC Skyrocket
On Tuesday, Tuttle Capital Management introduced two new ETFs intended to capture current market sentiments. While the Fat Tail Risk ETF...
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Focus Finance
May 24, 20211 min read
The US Sees G7 Support On A 15%+ Global Minimum Corporate Tax
The US is expected to continue seeing support amongst the G7 countries for its proposal on implementing a 15%+ global minimum corporate...
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Focus Finance
May 22, 20211 min read
Tim Cook Defends App Store As ‘Economic Miracle’ During Epic Antitrust Trial
This Friday, Apple (NASDAQ: AAPL) CEO Tim Cook has taken the stand in its much noted antitrust lawsuit with ‘Fortnite’ developer Epic...
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Focus Finance
May 21, 20211 min read
Oatmilk Pioneer Oatly Soars 30% In Market Debut Valuing The Company At $13B
The vegan food and beverage producer Oatly (NASDAQ: OTLY) has raised $1.4 billion in its market debut on Tuesday, valuing the company at...
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Focus Finance
May 20, 20211 min read
Bitcoin Sees High Volatility As Stocks Continue To Trend Lower
Over the past few days, Bitcoin, alongside other cryptocurrencies, has continued to show extreme volatility. On Wednesday, Bitcoin...
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Focus Finance
May 19, 20211 min read
JP Morgan Management Shuffle Puts Two Women In Contention To Replace Dimon
On Tuesday, the New York-based investment bank JP Morgan Chase (NYSE: JPM) announced some significant changes to its leadership, raising...
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Focus Finance
May 18, 20211 min read
Berkshire Hathaway Slashes Wells Fargo Stake And Ramps Up Investment In Aon
Berkshire Hathaway released its regulatory filing on Monday, revealing that it had sold nearly its entire stake in Wells Fargo (NYSE:...
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Focus Finance
May 15, 20211 min read
Foxconn Forecasts Substantial Q2 Revenue Growth And A New EV Factory
On Friday, Foxconn, a major Apple supplier and manufacturer of its electronics, announced an upbeat forecast for its upcoming second...
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Focus Finance
May 14, 20211 min read
Amazon Plans To Add 75,000 More Employees, Increasing Average Starting Pay To $17
On Thursday, retail giant Amazon (NASDAQ: AMZN) announced a new hiring initiative to add 75,000 employees as the company encounters tight...
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Focus Finance
May 13, 20211 min read
Stocks Suffer Worst Slide In Months As Inflation Blows Past Expectations
On Wednesday, U.S. stocks saw their worst decline since February as the U.S. inflation jumped to its highest level in 13 years. US...
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Focus Finance
May 12, 20211 min read
Tesla Sales In China Lose Steam As Buffett Backed BYD Gains
Since opening its factory in Shanghai, China has become an increasingly large part of Tesla’s growth story. In the first quarter of 2021,...
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Focus Finance
May 11, 20211 min read
Colonial Pipeline Ransomware Attack Shuts Down Major U.S. Pipeline
On Friday, the Colonial Pipeline, a major US pipeline transporting almost half the fuel consumed on the US East Coast, was targeted in a...
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Focus Finance
May 8, 20211 min read
VanEck Files For Ethereum ETF, As The SEC Is Still Evaluating Its Bitcoin ETF Proposal
On Friday, New York-based asset manager VanEck filed for the potential listing of an Ethereum based exchange-traded fund (ETF) with the...
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Focus Finance
May 7, 20211 min read
Biden Faces Backlash After Backing Covid Vaccine Patent Waiver
On Wednesday, U.S. President Biden indicated his support in the waiver of intellectual property rights of Covid-19 vaccines. Amid the...
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Focus Finance
May 6, 20211 min read
Uber Earnings Show Food Delivery Thriving As Ride Hailing Plateaus
Uber (NYSE: UBER) saw its best quarter in its 12-year history as record numbers of gross bookings continued to help the company recover...
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Focus Finance
May 5, 20211 min read
Buffett Names Greg Abel As Successor - Is Berkshire Hathaway At A Crossroads?
Speculation as to who would replace Berkshire Hathaway (NYSE: BRK) CEO Warren Buffett (90) and his partner Charlie Munger (97) has loomed...
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Focus Finance
May 4, 20211 min read
Epic Games’ Antitrust Battle With Apple Kicks Off In Court
The battle between Apple (NASDAQ: AAPL) and Epic Games began in court on Monday and is expected to last for three weeks. The court will...
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Focus Finance
May 1, 20211 min read
US Economy Continues Strong Rebound With 6.4% GDP Growth In The First Quarter
As the first quarter of the year comes to a close, the US continues to see strong signs of economic recovery from COVID-19. The growth...
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