Facebook Inc (NASDAQ:FB)’s massive outage could have an impact on small companies relying on the Facebook, WhatsApp, and Instagram apps to sell their products. The incident has cost the internet…
Author archives: Cristian Bustos
PepsiCo Earnings Top Q3 Estimates As Company Raises Revenue Forecast
PepsiCo Inc (NASDAQ:PEP) topped analysts’ expectations in terms of third-quarter earnings, with the company raising its full-year estimates despite supply chain and inflation. Pepsi stock edged below 1% on Tuesday….
Demographics, Birth Rates And The Globalization Of The Baby Products Industry
Whilst COVID-19 caused economic activity in almost all other areas to decelerate, it created a sudden surge in e-commerce; 2020 saw an exponential increase in online sales, primarily due to…
Facebook Shares Plunge 5% Over Massive Outage, Whistleblower Interview
The shares of Facebook Inc (NASDAQ:FB) dropped by 5% Monday as the company was hit by a massive outage on the Facebook, Instagram, and WhatsApp applications. The service went offline…
Irony: Envisioned To Be Fully Decentralized, Bitcoin Today Is Highly Centralized
If a cartel of Bitcoin miners wanted to, they could render the whole blockchain useless Q2 2021 hedge fund letters, conferences and more More than a decade ago when Satoshi…
Amazon’s Black Friday-Worthy Deals Launching Earlier Than Ever
Amazon Inc (NASDAQ: AMZN) is launching its “Black Friday-worthy” deals today, according to an announcement. The promotion by the e-commerce giant has arrived earlier than ever, as retail companies are…
Hotel Chain Oyo From India Files For $1.16 Million IPO
Hotel chain Oyo from India has filed for an initial public offering in the hopes of raising $1.16 billion –83 billion rupees– with new shares worth 7…
Artists Migrating To The NFT World: What’s In It For Them?
Every NFT (non-fungible token) that sells for an exorbitant price makes headlines on every corner of the finance world. The “who-buys-what-for-how-muc…
China’s Power Shortage Is Threatening The Global Supply Chain
China’s power shortage is forcing factories to reduce output and threatens with decelerating the country’s economic recovery. The impact, expert…
Fed Chair Powell Warns Inflation Could Last Longer Than Estimated
Jerome Powell, Chairman of the Federal Reserve, warned lawmakers in Washington that the sources of the latest increase in inflation could last longer…