Business and Finance News - 11.11.24

Author

Skool Projekt Staff
November 11, 2024

 

Good Morning, Students!

 

Question of the day: Should I bootstrap my business and grow it gradually with my own resources, or should I seek external investors to accelerate growth and access additional capital?

 

I’m noticing that many of the answers I give, especially to more personal questions, might not directly address the question at hand. That’s because there’s no single ‘right’ answer to questions that are deeply individual or situational.

 

Deciding whether to grow your business independently or seek outside investors depends entirely on your unique circumstances. Do you have the financial resources and time to grow your business gradually? Do you have the skills to scale it without outside help? Do you have relationships that could facilitate funding? Are you prepared to give up some control if you bring in investors? These are just a few of the questions to consider, and each one points to factors only you can assess.

 

In short, it all depends on a range of factors, and without a deeper understanding of you and your business, I wouldn’t even think to offer an answer on this matter. I would not even think to give you my opinion on this matter.

 

-Mr. Projekts

 

*Have a question? Submit it to [email protected].

 

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TOP STORIES

 

*Airbnb (ABNB)- Airbnb is an online marketplace that connects people looking to rent out their homes with those seeking accommodations. It allows hosts to list their properties, ranging from single rooms to entire homes, and provides travelers with unique, cost-effective lodging options worldwide.

 

*Amazon (AMZN) - Amazon is a multinational technology and e-commerce company based in the United States, known for its vast online retail platform, cloud computing services through Amazon Web Services (AWS), digital streaming services, and artificial intelligence innovations.

*Anthropic - Anthropic is an artificial intelligence (AI) research company focused on building reliable, interpretable, and steerable AI systems.

*Palantir (PLTR)-Palantir Technologies is a public American software company that specializes in big data analytics. It provides software solutions for data integration, analysis, and visualization to help organizations make informed decisions.

 

*Bitcoin (BTC) - Bitcoin is a decentralized digital currency that enables peer-to-peer transactions without the need for an intermediary such as a bank. It uses blockchain technology, which records and verifies all transactions in a public ledger.

 

*Stimulus - Stimulus refers to government actions, typically in the form of fiscal or monetary policy, designed to boost economic activity during periods of slowdown or recession. This can include measures like tax cuts, increased government spending, or lowering interest rates to encourage consumer spending, investment, and job creation, ultimately aiming to stimulate economic growth.

 

*Taiwan Semiconductor Manufacturing Company (TSM) - Taiwan Semiconductor Manufacturing Company (TSMC) is the world's largest contract chip manufacturer.

A few companies expected to report earnings this week…

  • Home Depot (HD) and Astrazeneca (AZN) are expected to report on Tuesday.

  • Cisco (CSCO) is expected to report on Wednesday.

  • Disney (DIS) is expected to report on Thursday.

  • Alibaba (BABA) is expected to report on Friday.

*Alibaba (BABA) - Alibaba Group is a Chinese multinational conglomerate specializing in e-commerce, retail, internet, and technology. Alibaba operates various businesses, including online marketplaces like Taobao and Tmall, payment platforms such as Alipay, cloud computing services with Alibaba Cloud, and more.

*Astrazeneca (AZN) - AstraZeneca is a global biopharmaceutical company that researches, develops, manufactures, and markets prescription medicines.

*Cisco (CSCO) - Cisco Systems, Inc. is a global technology company that designs, manufactures, and sells networking hardware, software, telecommunications equipment, and other high-technology services and products.

*The Home Depot (HD) - The Home Depot is the largest home improvement retailer in the United States. It sells tools, construction products, appliances, and services, including home improvement installations. 

*The Walt Disney Company (DIS) - The Walt Disney Company, commonly known as Disney, is a diversified multinational entertainment and media conglomerate that operates in media networks, parks and experiences, studio entertainment, and interactive media.

 

THE MARKETS

Here’s how the major indexes did on Friday:

Here’s how leading market ETFs did on Friday:

Here’s how the The Magnificent Seven did on Friday:

Here’s how the major cryptocurrencies did yesterday:

 

Disclaimer: This content is not intended as financial guidance. The purpose of this newsletter is purely educational, and it should not be interpreted as an encouragement to engage in buying, selling, or making any financial decisions regarding assets. Exercise caution and conduct your own research before making any investment choices. 

 

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