Upon the news of Walmart poaching talent from Goldman Sachs, the reporting has frenzied with tales that the big bad wolf has come to town and is looking to blow Wall Street’s house down. While it’s true banks don’t like the thought of retailers with large footprints throwing their hats in the ring, it’s a big ring.

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A Walmart Store Source: Daybreak Omni Group Via Google

There are a few things to consider with Walmart moving into retail finance: Chief among them, and as suspect as it sounds, is buyer psychology. Americans are really weird when it comes to money compared to the rest of the west — and…


Texas is a state of strong traditions and beliefs. With a proud history in the oil business, pump jacks have become as iconic to the state as the infamous Lonestar that inhabits its flag. They are a part of the often-rugged landscape of Texas and the culture of the state itself, since oil was first discovered near Beaumont in the early 20th century. It has been the United States’ leading energy producer for the last century and has been a tour de force in the business — Texas does nothing small.

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Then the unthinkable happened last week, energy and electricity…


For those that are unfamiliar OneWeb and SpaceX’s Starlink, they have been constructing a massive constellation of thousands of satellites to help deliver 5G internet connectivity and low latency broadband to the world.

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Starlink Satellite Constellation (credits: Starlink & Android Authority)

Starlink has now started to offer $99 preorders of the service to general public. In the last 2 weeks, it has gathered over 10,000 customers. As of now the service is live with limited coverage. The initial stated goal was to provide internet connectivity to rural areas. However, the end goal could be far more ambitious in displacing ground telecom networks entirely. …


The beginning of the pandemic caused the forces of markets and supply chains to fundamentally re-align. In capital markets, cashflow squeezes caused a liquidity crunch, with manufacturing & retail facilities shutting down and needing time to adapt to a new normal. What we experienced was a massive supply chain disruption, and although we are starting to put 2020 behind us, we’re still seeing shockwaves being sent through supply chains in critical sectors.

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Snapdragon 888 (AndroidPIT)

The world is currently facing a global chip shortage, a phenomenon that may send western, post-pandemic recovery efforts into a dismal state of affairs. …


The COVID-19 pandemic has drastically altered the understanding and approach to the risk landscape within many organizations. Risks that we have long been warned about have emerged over the past year and other risks have increased in their intensity. Under these circumstances, the recently published 2021 World Economic Forum’s Global Risk Report is one of the most important Global Risk Reports in the organization’s history.

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Davos Agenda graphic (credit: WEF)

The Report in question offers a reflection on global and operational resiliency in its first chapter — urging countries and organizations alike to prepare and act, rather than react, in the face of emerging risks…


The Financial battle of the bulge between Redditors on r/wallstreetbets vs. hedge funders continues to unfold and literally every Hardo anointed and Memed businessperson is piling on from Chamath Palihapitiya to Elon Musk.

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Reddit r/wallstreetbets

Andrew Left & Gabe Plotkin must have committed a mortal sin to find themselves the victim of the full wrath of day traders and internet meme lords. Since our first coverage of this dramatic saga on Monday GameStop stock is up too past $330 a share. A Fund manager went as far as to accuse the Russians of market manipulation on CNBC. It seems that now that…


Microsoft recently announced that they are included in an investment of $2 billion in Cruise, a self-driving car company that was acquired by GM in 2016 for an undisclosed amount.

Cruise was founded in 2013 and the company’s president, Dan Ammann, had been president of GM until joining Cruise a few years ago. The investment was announced this week and puts Cruise’s total value at $30 billion. The deal will also allow GM and Cruise to develop vehicles and services on Microsoft’s Azure cloud computing platform.

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Cruise Retrofitted Chevy Volt (Credits Car and Driver)

Many analysts and executives have stated that they expected driverless taxi and ride-hailing services to one day be a dominant force. …


The Korean conglomerate's series of artificial intelligence investments followed by talks with Apple

At some point last year, a conversation began at Hyundai about how the company would move forward through the next five years. In the late 1980’s Hyundai Motors expanded into western markets. Today it holds over 5% of global market share in automobiles.

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Like many conglomerates in Asia, Hyundai has its hands in a diverse range of businesses beyond automotive. The company’s interests include but are not limited to: industrials, raw materials, finance, construction, rail, and defense. Now it seems as if Hyundai is setting the stage for large bets on the future. …


Jack Ma, the notable Chinese billionaire and founder of e-commerce giant Alibaba, has been noticeably absent from public life as of late. Many outlets, from Yahoo Finance to the Wall Street Journal, have noted his two-month-long absence.

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Jack Ma (Marlene Awaad)

In Ma’s last public appearance, which occurred in a late October forum in Shanghai, he blasted China’s regulatory system, calling them an “old people's club” in a speech that put him on a collision course with officials, resulting in the suspension of a $37 billion IPO of Alibaba’s Ant Group fintech arm. …


The rise of America’s tech giants has posed a unique challenge to regulators. The sheer speed in which todays tech giants went from mere “Dot-Com start-ups” in dorm rooms and garages to the top of the Fortune 500 is unprecedented. On top of this, Congress is facing a significant problem; they are just beginning to understand the businesses in which they’re attempting to regulate.

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Facebook & Google iOS applications

In October the Department of Justice filed a lawsuit against Alphabet, the parent company of Google, making it the first shot fired in what will be a long multi-front war against Big Tech by the Federal…

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