Donald Trump, Greta Thunberg, Satya Nadella, Lenny Kravitz… there were a lot of big names at the World Economic Forum in Davos this week. But the person that generated the most buzz didn’t even have a name.
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Last year, it was a big deal when Apple became the first listed company to reach a $1 trillion valuation. It only a lasted a few months, and the iPhone maker dropped out of the exclusive club in the broad market decline at the end of the year.
There is a moment in season three of the American comedy television series The Good Place in which Michael, the lead protagonist, has an epiphany about the problem with modern life. “Every day,” he says, “the world gets a little more complicated, and being a good person gets a little harder.”
Remember the dark days of investing, with all those warnings about how “past performance is no guarantee of future results”?
If this is a “cause for concern,” then Disney doesn’t have much to worry about. The studio’s latest Star Wars movie, The Rise of Skywalker, made $347 million globally in its opening weekend.
You better watch outYou better not cryYou better not poutI’m telling you why
Christmas can’t come early enough for retailers. Long before the air gets cold or the clocks turn back, sellers are keen to get shoppers in a festive mood, hoping it will encourage them not to leave gift buying to the last minute, and spend more overall.
As Saudi Aramco gears up for a blockbuster IPO, the state-owned oil giant is revealing (pdf) more details about its earnings so far this year.
It’s hard to make predictions, especially about the future.
Bigger is better. That was the theme of the third quarter for major US banks, which reported their latest earnings this week.
To value a company, come up with a story and put numbers to it.
On this Quartz membership conference call, finance editor Jason Karaian and reporter John Detrixhe discussed the future of banking, the subject of this week’s Quartz field guide.
In this conference call, senior reporter Gwynn Guilford and finance editor Jason Karaian took your questions about the potential for a round of competitive devaluation, the nature of the financial relationship between the US and China, and the outlook for the global economy if a currency war broke out on top of the trade war.
WeWork—or The We Company, if we must—published its hotly anticipated IPO filing today, ahead of a planned listing next month that will raise $3.5 billion or more.
In this conference call, senior reporter Jenny Anderson and editor Jason Karaian took your questions about the wave of entrepreneurs focused on the market to support new parents. Among other things, they discussed:
Tesla’s stock is currently trading at around $230. On this day last year, investors thought shares could soar to $420 or more, based on a puzzling tweet from CEO Elon Musk.
Quartz finance reporter John Detrixhe and global finance editor Jason Karaian take your questions on Deutsche Bank and the future of investment banking.
How many investment banks is too many investment banks?
Deutsche Bank is dramatically shrinking its investment bank and retreating from operations around the world. CEO Christian Sewing described it as “faster and more radical” than previous turnaround efforts, and “nothing less than a fundamental rebuilding of Deutsche Bank.”
“Of course our central bank is independent,” Turkish president Recep Tayyip Erdogan said last year. “But the central bank can’t take this independence and set aside the signals given by the president.”
So, it’s time to ask: How might history remember this man?
“I spend a lot of time on Reddit, as you might imagine,” said Steve Huffman. That’s not so surprising, given that he is Reddit’s CEO.
Join Quartz global lifestyle reporter Jenni Avins and global finance and economics editor Jason Karaian as they digest the events, conversations, and issues surrounding this year’s Cannes Lions festival, the annual international gathering of the advertising and media industries
