Comcast wants to be a major player in streaming entertainment, but it’s late to a crowded and pricey game. Read More
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After an Inauguration Day rally for the record books, what’s next for stocks?
Good morning. It may have been a somewhat subdued, socially-distanced affair in Washington yesterday—LOWEST. INAUGURATION.TURNOUT. IN. MEMORY!, someone somewhere no doubt tweeted—but investors were out there, popping champagne corks. U.S. equities hit record highs on Wednesday, and today global stocks continue to rally today. Alas, Bitcoin continues to slump. Let’s see where investors are putting […]
McDonald’s turnaround plan is a sign of the times
This 80-year-old public company’s turnaround is not about profit but culture Read More
Big Tech’s time is up
House Democrats struck Big Tech with a broadside on Tuesday. A congressional committee took four gleaming Goliaths to task—Amazon, Apple, Alphabet’s Google, and Facebook—in a damning report that accuses the companies of abusing their market power to stifle competition and unfairly reap profits. The 449-page document, which you can read in full here, is the […]