Written by Billy Thompson The streaming service industry is one that just about every person is familiar with. Being led by companies like Netflix, Disney, and Amazon, digital media consumption has become a critical part of our daily lives. An area once dominated by cable TV was changed entirely in 2007 when Netflix changed its…
Category: Finance/Business
Is Shohei Ohtani’s Contract Really Worth $700 Million?
Written by Colin Fisher “Give him a blank check” is a plea frequently made by sports fans when referring to a star free agent in hopes that their team will sign him. However, front offices do not literally follow this advice since they have historically set a limit on the maximum compensation they are willing…
What’s Going On With Tesla Lately?
Written by Nitya Wanchoo As of lately, Tesla stock owners have been biting their nails watching “TSLA” take a dive in the market. The famous automotive and energy company has become a household name in recent years, primarily known for luxurious, environmentally friendly electric cars. These unique automobiles are notably characterized by their sleek modern…
The Disney Board Vote: Its Importance and Future Implications
Written by Melissa Weinstein Since its foundation in 1923, the Walt Disney Company has stood as an entertainment and media giant. Walt Disney and his brother Roy O. Disney came together in Hollywood, California to create their brotherhood cartoon studio after Walt was able to sell a short film titled Alice’s Wonderland (History.com, 2019). Little…
Forging Ahead: Nippon Steel’s $14.9 Billion Acquisition of U.S. Steel and its Impact on the Global Market
Written by Louis Leonardi On January 5th, 2024, Nippon Steel announced plans to acquire the U.S. Steel for approximately $14.9 Billion. The deal is an all-cash acquisition where Nippon Steel is paying off $0.8 Billion of debt valuing the deal at $14.1 Billion. Nippon Steel (OTCMKTS: NPSCY) agreed to acquire U.S. Steel (NYSE: X) for…
How Stock Buybacks Impact the Economy Op: Ed
Written by Kolinkar Roy A stock buyback refers to when a company uses its profits to buy back shares from its shareholders. Stock buybacks were long regarded as a form of market manipulation where companies could artificially inflate their value by simply bidding up outstanding shares. Thus, stock buybacks were rare for the majority of…
Payday or Payback? The Winners and Losers of Conference Hopping
Written by Ameya Keertikar Ready, set, HIKE! American football: a staple pastime for all Americans alike. With millions of fans in the US and worldwide, this sport has quickly risen to one of the most popular activities. Raking in billions of dollars every year, the NFL (National Football League) claims some of the most decorated…
COMAC’s Impact on the Future of the Airbus-Boeing Duopoly
Written by Tanay Pingle For decades, two major firms have held an iron grip over the airplane manufacturing industry: Boeing and Airbus. Boeing currently maintains a 40.6% market share, while Airbus dominates the other 60.4% of the industry. Both of these firms hold incredible leverage over the entire airline industry, allowing them to maintain a…
Why Designer Brand’s Keep the Middle Class in Poverty: The Marketing and Economics Behind it
Written by Noah Kanter From a young age, many of us have memories of walking in the mall or down Fifth Avenue, staring at the glamorous designer stores. There were so many options from which to look: Gucci, Louis Vuitton, Dior, Versace, Prada. Each of these companies has its own “niche” emblem which embodies the…
How Two Major Tech IPOs May Have Revived the 2024 IPO Market Forecast
Written by Olivia Knapp Many companies decided to issue their shares on the public market in 2021 amid near-zero interest rates. As the Federal Reserve increased rates to combat subsequent inflation in the post-covid era, the IPO market experienced drastically less activity. Despite this slump in equity capital market activity, IPO success increased over time…