Here’s What Is Happening In Financial Markets Today?

6. Interesting Reads

 

“Tesla’s market capitalization is now higher than Ford’s. Tesla is trading up on the day, sending its market cap to $47.46B. And then there’s Ford, the blue chip automaker that’s exactly 100 years older than Tesla, which is trading down on the day, causing its market cap to dip to $44.89B. General Motors’ market cap is only a stone throw away at $51B. This fluctuation in valuation comes on the back of Tesla reporting good news and Ford reporting bad news.”

(Tech Crunch)

“A Ferrari once owned by President Trump was sold at auction this weekend at a record $270,000. The 2007 Ferrari F430 F1 Coupe was purchased new by Trump a decade ago. He didn’t drive the Ferrari much. Trump sold the supercar in 2011 with fewer than 2,400 miles on it. The vehicle changed hands again on Saturday at an Auctions America event in Florida. The auction house did not name the buyer or the seller. The cherry red Ferrari rolled onto the auction block around 5:30 pm ET as “Hail to the Chief” boomed from the speakers.”

(WTKR.com)

“If you are in India and planning to start a business here are 11 most profitable businesses with least investment in India you can start today. With so much inflation growing all over the world the need to earn money has grown a great deal. Young or old we all need money to survive. Perhaps, this is the reason why we see so many people in queues for interviews. India, despite its economic growth, is still facing the issue of unemployment. A large number of people in the country are finding it difficult to support their families. About 30% of the country’s population is below the poverty line – an issue that still needs to be resolved by the Indian Government. In case you’re outside India you might want to have a look at our post on 11 Most Profitable Businesses With Low Startup Cost.

(Insider Monkey)

“Apple’s wants to offer television services, and it’s now trying to sign on premium television providers to help it do that, according to a new report. The iPhone maker is holding discussions with Time Warner’s (TWX, +0.34%) HBO, CBS (CBS, -0.89%)-owned Showtime, and Lionsgate’s Starz to sell access to their services in a single bundle, Recode is reporting, citing sources who claim to have knowledge of its plans. Apple already sells subscriptions to each of the entertainment channels, but apparently wants to bundle them as part of a broader effort to become a cable TV competitor.”

(Fortune)

“The untitled PlayStation 4 exclusive Spider-Man game by Insomniac Games looks promising. For years, Marvel video games have been lackluster, and some would even say cash-ins. But this new Spider-Man game looks to be different. According to vice president and executive editor of Marvel Digital Media Ryan Penagos, we’ll get to see this game prove itself in 2017. Reddit user GamingSince95 captured the livestream of Penagos talking about Marvel’s video game involvement. He said, “There’s even more on the horizon for 2017 like Spider-Man coming to PlayStation 4 and Marvel Vs. Capcom: Infinite coming to Xbox One, PS4 and PC.”

(GameZone)