Business & Finance
Saturday, March 15, 2025
In the technology sector, if you aren’t innovating, you’re falling behind. This is no different for Apple, who is not used to being behind on features. Generally, Apple waits until they’ve perfected a technology before introducing it to the public. Recently, this isn’t the case when we consider the cutbacks of the Apple Vision Pro, and this past week, AI features.
Famous Apple watcher, Mark Gurman, who is usually correct on Apple predictions published a scathing blog post about Apple falling behind with respect to LLMs and AI as a whole in his Daring Fireball post entitled, “Something is Rotten in the State of Cupertino”.
Continue reading →
Sunday, February 9, 2025
We’re well in the middle of earnings season, but something stood out to me regarding a firm in particular. UPS revealed a significant shift in its strategy: a reduction in its delivery volume for Amazon by 50% by the end of next year. This move, while surprising to some, is a calculated step aimed at improving UPS’s profitability and streamlining its operations. Let’s delve into the reasons behind this decision and what it means for the future of last-mile delivery.
Continue reading →
Thursday, January 30, 2025
DeepSeek, a Chinese AI startup, has rapidly become a major disruptor in the AI landscape with its new AI model, R1. This model has gained global attention for its ability to compete with models like OpenAI’s ChatGPT, but at a significantly lower cost. The emergence of DeepSeek has caused ripples across the tech industry, impacting stock markets and sparking debates about data privacy and the future of AI development.
DeepSeek was founded in mid-2023 by Liang Wenfeng, a Chinese hedge fund manager.
Continue reading →
Sunday, May 28, 2023
LLMs, such as GPT-3.5 & 4 developed by OpenAI, possess impressive language processing capabilities. However, despite their remarkable abilities, LLMs are not poised to replace human workers. In this blog post, we will explore how LLMs will augment employment rather than supplant it, providing evidence to support this claim.
Contrary to the doomsday predictions of job losses due to automation, LLMs are not designed to replace human workers entirely. These machines excel at processing and generating human-like text, but they lack the cognitive abilities, creativity, and emotional intelligence that make human workers invaluable.
Continue reading →
Tuesday, June 21, 2022
Earlier this morning before the bell, Kellogg announced that it would be splitting itself into three-separate tax-free spinoffs: the slow growing cereal business, a snacking business, and an unnamed plant-based food business mainly consisting of Morningstar Farms. In the press release, the company said splitting these businesses will unlock shareholder value. During the past year, we've seen a number of larger, slower-growing business attempt to divest to grow.
Kellogg itself was unlikely to be sold due to its slowly growing cereal business, such as what Post and General Mills have previously announced.
Continue reading →
Monday, November 22, 2021
Much like your own investment portfolio, companies continually must diversify to negate the ebbs and flows of their business segments. Up until 2001, Apple, then still called Apple Computer, was primarily a hardware company. The iPod was released and forever changed how the music industry conducted business. In 2007, Apple then released the iPhone, knowing it would cannibalize it's own iPod dominance in the market Followed by the inclusion of the App Store, then eventually iPads would see the light of day, all while still selling their signature computers to "
Continue reading →
Monday, November 15, 2021
Ever since the release of the iPhone in 2007, Apple has designed and fabricated its own chips for its own devices. At the time, "owning the supply chain" or the vertical, was the way of controlling the full stack of hardware down to software of the manufacturing and distribution process. Since then, we have seen the practice known as economies of scale, for Apple to make more revenue on each phone sold.
Continue reading →
Friday, January 29, 2021
I won't normally write about quarterly earnings reports from companies. You can get that story from many various sources. For the purposes of this article, I want to discuss why Apple's most recent earnings report was remarkable. I am also not recommending buying or selling Apple stock one way or another. Yesterday, Apple released an almost perfect Q1 2021 earnings report to Wall Street. Keep in mind this report ended on December 26, 2020, so these numbers do not reflect the post-holiday bump that most consumer electronics companies receive.
Continue reading →
Thursday, January 7, 2021
Over the course of 2020, the global IPO market was on fire. For these purposes, I'd like to focus on the United States market.
The stock market crashed in March when it was evident that COVID would not subside soon; most investors believed that both public, and private, particularly venture capital would dry up. This turned out not to be the case. In fact, quite the opposite occurred.
With traditional listings, direct listing and the adjuration of SPACs on various exchanges, the ease of public issuance and exits of PE firms is now easier than ever.
Continue reading →