Union Pacific Railroad Company (UPRC) is a freight-hauling railroad that runs 6,400 locomotives across 32,500 miles (52,300 km) of track in 23 U.S. states west of Chicago and New Orleans.
Go Deeper (8 min read)Another ARK Rally, Another Bear Rally?
Bargain hunting investors looking for steep discounts amid the stock market's turmoil are flocking back to Cathie Wood's ARK Innovation ETF, a long-time favorite. Since bottoming out on May 11, shares of the fund, which is mostly comprised of growth-oriented technology businesses, have risen 17%.
Go Deeper (2 min read)SPACs, A Bubble-Driven Invention
The technique has been around for decades and come in different formats such as reverse mergers and blank check companies. Yet, investors' appetite for more risky ventures is waning as the risk-free rate is rising by the day.
Go Deeper (2 min read)Instant Delivery May Come To A Halt
Fears of a looming recession are prompting fast grocery delivery services to slow their expansion.
Go Deeper (3 min read)Mortgage Lenders Are Struggling To Stay Afloat
The Federal Reserve's efforts to cool heated inflation have resulted in a slowdown in the mortgage market. To calm the economy, the Fed raised interest rates twice this year and stopped its largest mortgage-bond buying program this spring.
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With a 40-year high in inflation, the Fed raised its benchmark interest rate by half a percentage point on Wednesday. Additional half point increases are expected in June and July with the market expecting rates in the 2.75%-3% range by year end, from a range of 0.75%-1% today.
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It Feels Like A Recession In China
China's economy is experiencing a period of sluggish growth as a result of Beijing's zero-tolerance stance to Covid-19. Economists are debating whether or not to use the term "recession" to characterize the situation.
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Monster Beverage, A Titan In The Making
Monster Beverage Corporation is a beverage company headquartered in Corona, California, which develops, markets, sells, and distributes energy drinks and concentrates in the U.S. and overseas. Monster Beverage's brands include Monster Energy, Reign, Burn and Relentless.
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Private Equity Steady In Face Of Increasing Volatility
On Monday, KKR announced the full closure of the KKR North America Fund XIII, an oversubscribed $19 billion fund focused on pursuing opportunistic private equity investments in North America.
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Amazon, Apple And Starbucks Employees Unionize
Despite the fact that union membership in the United States has been declining in recent years, workers at a number of corporations, including Amazon, Starbucks and Verizon, have recently chosen to unionise
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Apollo Might Join The Twitter-Musk Saga
Apollo does not want to be a member of a private equity consortium that buys the social media business but would provide funding in the form of preferred shares.
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