The electric car manufacturing giant Tesla reached a trillion-dollar market value last week. Following the announcement that car rental company Hertz would purchase 100,000 Tesla Model 3s, Tesla’s stock price rose 12.7%, raising the company’s market cap past the trillion-dollar mark.
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As streaming platforms grow in popularity, brands and platforms are attempting to differentiate and stay relevant to attract subscribers who are willing to hold a growing number of subscriptions. Although video streaming—specifically that of television—has existed since the late 1990’s it only truly came into wider public use in 2007 when Netflix unveiled its “Watch Now” feature. It changed the long stagnant home entertainment market forever, giving its subscribers the ability to get the shows and movies they loved on demand from practically anywhere.
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During the pandemic, a variety of disruption-driven trends emerged, and one of those trends is ghost kitchens. Due to the restrictions placed on in-person dining, the world has adapted to a new normal with food delivery, and ghost kitchens have taken this opportunity to shine.
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The 2021 NBA season is officially underway, with many familiar faces like LeBron James, Steph Curry, and James Harden back to compete for their respective teams. This year is a little bit more ceremonious as the National Basketball Association is celebrating its seventy-fifth anniversary.
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On the field, the Raiders have not only met expectations but exceeded them. They are 5-2 heading into a Week 9 date with the New York Giants at MetLife Stadium following their Week 8 bye… However, the Raiders’ on field success has been overshadowed as they have been in the headlines plenty through the first half of the season, but for off-field controversy.
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The Atlanta Braves are officially the 2021 World Series Champions, defeating the Houston Astros in six games; just as former major leaguer Trevor Plouffe predicted on March 31st, earlier this year. Though the brow-beaten city of Atlanta can finally celebrate after years of despair and misery, the real celebration comes from the rest of the league, who have collectively and unanimously expressed, and likely will express for many future years, a deep disdain for the Astros organization following their well-publicized cheating scandal.
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It is fair to say that, as it currently stands, Tesla has a firm grasp on the electric car industry. In addition to leading their industry, they are one of the most recognizable company household names, they are constantly innovating, and they are headed by CEO Elon Musk who essentially makes up the majority of Tesla’s marketing efforts by consistently drumming up press, week after week.
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Some grew up with MySpace, some grew up with Facebook, and now Facebook Meta wants the next generation to grow up with the Metaverse. On October 28th, Facebook officially renamed itself Meta and will trade under the ticker MVRS on the NASDAQ starting December 1st.
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On October 20th the West African Nation of Benin passed a law that would legalize abortion. Previously abortion was legal in Benin only in cases of rape, incest, or serious health concerns, the new law passed through parliament after heated debate will allow for termination up to three months in cases where the pregnancy was, “likely to aggravate or cause a situation of material, educational, professional or moral distress incompatible with the interests of the woman and/or the unborn child.”
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On October 13, 2021, the Stillman Business School held their 11th annual Finance Networking Forum. Mark D Schild, Elven T Riley, and Bob Franco all greeted our leaders as they return.
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