As the US and allied strikes on Syria increasing geopolitical tensions, investors could make neither sell nor buy, and at the right time to sell would be before these attacks, while buying does not make sense, since the stock market rally is likely to Peter in the coming months.
It was a busy weekend, as the Starbucks Corporation (Nasdaq:get), Tesla Inc (Nasdaq:TSLA,) and online booking cheap hotels group Inc (Nasdaq:ZG) all made headlines about the arrest of two black patrons, electric battery car and entering the house buying business, respectively.
Here’s what happened:
The Starbucks Corporation (you)
Starbucks is in hot water after the company detained two black customers in the store, after the user considers it “suspicious” that prompted the CEO to apologize.
The incident occurred on Thursday when two black men walked into a Starbucks in downtown Philadelphia and sat down. One of the men sat there until his friend arrived, which, according to the management is considered to be suspicious activity.
One of the men asked to go to the toilet, but was refused the employee to do so, because people didn’t buy anything. They were asked to leave, they refused and the employee called authorities.
There was a video which recorded the incident, which has over 8 million Views, prompting the CEO of Starbucks, Kevin R. Johnson, to say that he was a “very hard look” and call the instance “rejected score”. Men were not identified, but was arrested on suspicion of trespassing.
Starbucks said he did not want to press charges over the incident and later apologized on Twitter on Saturday Afternoon. However, the damage was already done and Twitter users launched a hashtag #BoycottStarbucks.
General Director Mr. Johnson said he wanted to meet people in person “face-to-face apology” as well, adding that he will investigate and make the necessary changes to ensure that something similar never happened again.
You the stock fell on Friday by 0.3%.
Tesla Inc. (TSLA)
Tesla owners will be pleased to hear that the company electric cars have a longer lasting battery than anyone could have imagined.
A group of Tesla owners on the Dutch-Belgian forum Tesla was collecting data from more than 350 cars from all over the world and actualizing in the public file of Google. They found that the energy power packs car battery degraded less than 10% after more than 160,000 miles
The data also show that over the first 50,000 miles (100,000 km), the majority of Tesla batteries lose about 5% of its potential. However, after the 50,000-mile mark, the potential of these packets stops fading so much and can’t lose another 5% until funds have quite a bit mileage on them.
This trend suggests that the cars Tesla can iterate over 186.000 miles (300.000 km) to the batteries to 90% capacity.
Shares of TSLA were on Friday increased by 2.1%.
Phone codes group Inc. (MO)
The US announced over the weekend that he will start buying and flipping houses, in order to further enhance its profitability.
Real estate company said that it would begin to buy a home in Las Vegas and Phoenix, paying commissions to the homeowner to ensure everyone gets a fair share. The company “to make the necessary repairs and updates, and a list of the home as quickly as possible”.
Phone codes-phone calls over Internet “Instant offers” and stated that it is planned to allow real estate agents the opportunity to gather new ads, connecting them with motivated sellers who want to get the most Bang for your buck.
“The US found the vast majority of sellers who have requested an instant offer over selling your home with an agent, makes the instant offers an excellent source of seller leads to Prime agents and broker partners,” the company wrote.
CEO Spencer Rascoff said that the company will take on debt to Fund this initiative.
ZG shares fell on Friday to 7.3%.
At the time of this writing, Karl Utermohlen not to take a position in any of the above securities.