The Ebola virus has penetrated U.S. borders, and small biotech firms are racing to develop a cure. That being said, biotech sector trading volumes over the last two weeks have risen to unprecedented levels; moreover, nearly all Ebola-centric biotech stocks have generated impressive returns to match this rise in trading volume.
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The Fed's "Easy Money" Policy
Over the last several years, there has been a growing discrepancy between America's booming stock market and its sluggish macroeconomic growth. Even as GDP inches upward and the unemployment rate "declines" — due to a substantial drop in labor participation — the bull market has charged forward.
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Fiat's Final Breath
Fiat (F.MI), Italy’s largest automobile manufacturer, and major producer of P. Diddy commercials, is leaving its Italian home, after 115 years, in a last ditch effort to survive. At its latest quarterly shareholder meeting, stakeholders agreed to merge Fiat with American car company, Chrysler, to form Fiat Chrysler Automobiles.
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World Cup Fever
In what has been one of the most exciting sporting events in recent memory, the 2014 FIFA World Cup has captivated audiences around the world. Even in the United States, where soccer is vastly overshadowed by most other professional sports, the World Cup has become the second most-watched televised sporting event, behind only the Super Bowl.
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The World Beyond Wall Street
If you have been paying attention to international news over the last few weeks, you are most likely aware that the Middle East is once again heating up. While the civil war in Syria continues to rage, militant Islamic fundamentalists have risen up in Iraq (a group known as ISIS), and are slowly trekking toward Baghdad.
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An Uber Investment
Last Friday, transportation network provider Uber announced that it raised an additional $1.2 billion of primary capital, raising its valuation to $17 billion. In just one year, Uber’s perceived value has quadrupled; furthermore, the company is a mere four years old. Now, Uber operates in 128 cities, in 37 countries, around the world and is worth more than rental car competitors Avis (CAR) and Hertz (HTZ).
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Navigating The Maps Market
Apple (AAPL) has acquired social maps application Spotsetter to address its problematic maps application. In an attempt to differentiate itself from the competition, Spotsetter was designed to provide personalized destination recommendations for its users. This is accomplished by linking your social media accounts to Spotsetter's mapping service (i.e. via Facebook, Instagram, and Twitter).
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