6 min readIt’s no secret that tech giants enjoy healthy profits, but less well known is just how much cash these cash cows have. At the end of 2021, Big Tech (Apple, Alphabet Inc., Amazon, Microsoft, and Meta) held a combined $476.7 billion of cash, cash equivalents, and marketable securities. To put that into perspective, this is…
6 min readCo-authored by: Alexander Goldman In June of 2019 the House Committee on the Judiciary launched an investigation into whether Silicon Valley had fallen under the grip of a few large gatekeepers that have come to control key areas of e-commerce. A sixteen-month examination of key players’ market dominance, primarily focusing on Apple’s, Google’s, Amazon’s, and…
6 min readWhile most major integrated oil and gas companies have expressed alignment with the Paris Agreement, efforts made by U.S. players to address climate change with a transition to more renewable energy sources have fallen short in comparison to their European counterparts. As some drag their feet on sustainability efforts, governments, world organizations and financial institutions…
5 min readWhile most major integrated oil and gas companies have expressed alignment with the Paris Agreement, efforts made by U.S. players have fallen short in comparison to their European counterparts. Despite some players still dragging their feet in their sustainability efforts, governments, world organizations and financial institutions continue to pressure companies to align with climate-focused goals….
6 min readWith 48 potential SARS-CoV-2 vaccines now undergoing clinical trials on humans, there’s mounting hope that one or more will be available in 2021. But many unknowns remain, especially regarding potential financial implications for the pharmaceutical companies that produce them. Timing of their arrival, manufacturing capacity, distribution, levels of potential government support, overall costs, and final…
3 min readThe auto industry has been one of the hardest hit sectors since the pandemic began. In April, US auto sales hit a low of 8.6 million vehicles, down from 16.8 million at the end of February. Moody’s expects vehicles sales to fall at least 20% in 2020 and will take several years to return to…
5 min readThe coronavirus pandemic has forced firms across industry groups to shore up liquidity in order to weather depressed revenue streams. These conditions, coupled with accommodative economic policies, led to a spur of borrowing during the first half of 2020. Due to this current climate, many companies are having trouble finding solid financial footing, leading to…
6 min readThe global tech supply chain is about to be turned upside down. Tensions between the U.S. and China, heightened in a two-year-long trade war, were already instigating conversations regarding relocating and reconstructing the supply chain. Now that the coronavirus has further exposed the limited geographic diversity and concentration levels in the supply chain, it is…
8 min readThe oil and gas industry is being hit hard from all sides, with a historic glut and a collapse in demand for oil occurring simultaneously. Given the current situation, drastic production cuts across the world will be necessary to support the oil market and limit its inevitable ripple effects on the broader world economy. While…
2 min readAmid expectations that the Fed will soon complete its about-face from hawk to dove with its first rate cut since 2008, cash investors are looking as hard as ever for relatively safe short-term investments capable of delivering decent returns. And many are turning to a market that in the past they often overlooked—corporates with BBB…