On March 7th, Federal (Fed) Reserve Chairman Jerome (Jay) Powell testified before the US Senate Committee on Banking, Housing, and Urban Affairs.
Posts published in “Not Financial Times (NFT)”
Not Financial Times (NFT) is an Opinion column to share insights and research into students’ favorite companies, industry trends, and anything in financial markets that really irks their curiosity.
Originally announced back in May, cloud computing company VMware and chipmaker Broadcom’s $61B deal is being pushed back an additional 90 days due to regulatory considerations.
Beginning in early January, there were whispers of Microsoft investing a significant amount in OpenAI — the company behind the chatbot ChatGPT.
Despite the global downturn in crypto, Sam Bankman-Fried still began his week as a billionaire. By the end, both he and his empire have fallen from grace to the depths of bankruptcy.
Winter is coming and while for many, that means the start of snow, the Holiday Season, and hot chocolate, for Germany and other Eurozone countries, all they feel is the strain of an impaired energy supply.
On October 14, Kroger announced plans to acquire Albertsons for a fee of $24.6 Billion ($34.10 a share) , a potential game changer for the grocery market.
What could $887 billion get you? It could buy you the Denver Broncos about 180 times over, all of Tesla’s enterprise value, or about 2000 of the world’s nicest superyachts if that floats your boat.
In spite of rising interest rates, global uncertainty, and a faltering IPO market featuring 46% volume and 58% value decreases respectively year-over-year, Volkswagen AG is discussing the possibility of a late-September to early-October IPO of their iconic sports car manufacturer, Porsche AG.
First and foremost, I would like to personally thank Roshni Revankar for all her service to The Stute and Stevens community.
For the last column of Not Financial Times, I could have thought of a more classy title. But maybe, with all the reminiscing being a senior brings, I wonder for the future of investing if we really put our minds and money towards “ethical” environmental-, social-, and governance-aware (ESG) companies.