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Tag Archives: Stocks

McDonald’s (MCD) Acquires Startup to Add Artificial Intelligence to Its Drive-Through Restaurants

McDonald’s (MCD) is one of the oldest and most popular fast food restaurant chains in the world and as with any other establishments that have been around as long, the company is constantly seeking ways to improve its service and the experience it gives customers. The 79-year-old restaurant has now announced the acquisition of Apprente, in a bid to improve its service using automated voice commands.Founded in 2017, Apprente is a Silicon Valley startup which focuses on the use of artificial...

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FAANG Stocks Seem to be Dropping the Ball, Could This Company Pick It Up?

Over the years, many investors have used several different methods and strategies, to ensure they have a strong enough position in the stock market. One sure way that pretty much guaranteed a significant passive income, was to buy FAANG (Facebook, Apple, Amazon, Netflix and Google/Alphabet) stocks and just watch them grow, as they are wont to do.This method has driven not just profits, but a generally positive sentiment among investors for a few years. However now, it seems those glory days...

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Alibaba Founder and Chairman Jack Ma Officially Retires

Prolific Billionaire Jack Ma has stepped down as Chairman of Alibaba. After twenty years which has seen one of the biggest technology giants come from zero to hero, Ma has been one of the defining icons of the technology industry since the early days when no one thought that technology would be either this big or go this far in defining the human existence.He would remain on the board until the next Shareholders Annual General Meeting when it is expected that he will step down from the board...

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Softbank Reportedly Pushing WeWork to Delay Their IPO

The owner of office space company WeWork burned through $900m in the first six months of this year and documents filed with regulators reveal The We Company, valued at about $47bn, invested heavily in expansion. Because of these losses, SoftBank, the biggest external shareholder in WeWork, advised this property group to delay its hotly anticipated initial public offering.Just for reminder, WeWork’s parent company, the We Company, wants to raise between $3 and $4 billion in its flotation....

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