{"id":5910,"date":"2021-07-09T01:00:25","date_gmt":"2021-07-09T00:00:25","guid":{"rendered":"https:\/\/businessfinancenews.com\/?p=5910"},"modified":"2021-12-31T02:57:37","modified_gmt":"2021-12-31T01:57:37","slug":"costco-wholesale-corporation-to-increase-minimum-wage-for-first-time-in-nine-years","status":"publish","type":"post","link":"https:\/\/businessfinancenews.com\/28076-costco-wholesale-corporation-to-increase-minimum-wage-for-first-time-in-nin\/","title":{"rendered":"Costco Wholesale Corporation to Increase Minimum Wage for First Time in Nine Years"},"content":{"rendered":"\n

Costco Wholesale said to raise its starting wage for the first time in nine years, hiking the rate by $1.50\/hr. to $13-13.50 in the US from $11.50-12<\/h2>\n\n\n\n

In a conference call with analysts, Costco Wholesale Corporation (NASDAQ:COST<\/a>) announced that it plans to increase its minimum wage for the first time since 2007, as the labor market tightens and its rivals have started to give raise to their workers.<\/p>\n\n\n\n

According to the world\u2019s second largest retailer, it will start to pay $13-13.50 per hour, as opposed to the current level of $11.50-to-$12 per hour. Due to the wage raise, the company expects its earnings per share (EPS) to plunge by $0.01, and by $0.02 in the next three months.<\/p>\n\n\n\n

One of the Costco\u2019s rivals, Walmart, a largest retailer in the US, has recently surged its pay floor to $10 per hour this year and has given a raise to more than one million workers.The corporation did not mention how many of its 117,000 workers are actually expected to get a raise.<\/p>\n\n\n\n

Costco\u2019s Chief Financial Officer, Richard Galanti stated in a press release: \u201cIt will help, and it is important to do. \u201cThis is a physically challenging job. You\u2019re on your feet, lifting cases, moving carts, and we thought it was time to do it.\u201d<\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

The highest hourly wage of Costco is $22.50 and it now plans to pay nearly 2.5% increment this year. On an average, it approximately takes four years for a full-time Costco employee to reach at the top of the pay scale.<\/p>\n\n\n\n

Costco recently announced its earnings for the fourth quarter of fiscal year 2016 (4QFY16). In the earnings, the giant retailer reported consolidated revenue of $28.17 billion, 2.6% more than $26.8 billion it had in the same quarter last year. The reported revenue is less than the expected figure of $28.42 billion.<\/p>\n\n\n\n

Diluted earnings per share came in at $1.24 on the net profit of $546 million, down 8.7% from the last year’s figure of $598 million, or $1.35 per share. However, the reported EPS was less than analysts\u2019 expectation of $1.28.<\/p>\n\n\n\n

According to the world\u2019s largest retailer, it failed to meet revenue forecast because of lower shoppers traffic in January due to harsh weather conditions that slowed the momentum.<\/p>\n\n\n\n

The total same-store sales, excluding the negative impacts from gasoline price deflation and foreign exchange for the company were up 3% at its domestic locations. On the other side, same-store sales in Canada and other international markets, including gasoline price deflation and foreign exchange impacts, went down 7% and 3%, respectively.<\/p>\n\n\n\n

In January, in a press release publish by Costco Wholesale, the entity revealed that it has gained net sales of $12.45 billion for the last month of December, five weeks ended on January 3, 2016. The sales value was 3% higher as opposed to $12.13 billion it had in same period a year ago.<\/p>\n\n\n\n

The giant retailer is also investing in expansion of its e-commerce capabilities in US, Canada, Mexico, Korea, and UK.<\/p>\n\n\n\n

Costco is one of the dominant retail wholesalers in the US. It offers a differentiated product range which enables the company to provide an upscale shopping experience for its customers, hence resulting in higher market share.<\/p>\n\n\n\n

The wholesale industry is however facing currently numerous challenges, as we described already here<\/a> and briefly when discussing NCR Counterpoint POS<\/a>, a software bundle that addresses the business requirements of the wholesale industry.<\/p>\n\n\n\n

Recently, the giant retailer also announced that its board has approved quarterly dividend of $0.40 per share, which is line with the previous announced dividend. The quarterly dividend was payable on February 26, to the shareholders of record at the close of business on February 12, 2016.<\/p>\n\n\n\n

We have studied investments from Netflix<\/a>, new contracts signed by Orbital<\/a>, SolarCity<\/a> earnings report and their negotiation with Tesla for the acquisition of the Powerball battery<\/a>, the problems that ARCH coal<\/a> is facing, how IBM is investing<\/a> in the treatment of the Zika virus, how Moon Express<\/a> is planning to mine minerals in the moon, and how Citigroup<\/a> is engaged in commodity trading.<\/p>\n\n\n\n

We follow a lot Tesla here, from the fundamental analysis and from the technical as well. See how the Chevy Bolt and the Tesla 3<\/a> are dimensioning the evolution of the price of this shares and how this could affect technical analysis, and how the Autopilot<\/a> functionality is working: the evolution of the Autopilot software has always influenced the prices of their stocks. Tesla Model S 70D<\/a> is considered the “car of the century”, not by us of course, but we are interested to see how these awards affect the evolution of the stocks. Tesla and other companies signed an agreement so that autobraking became the standard<\/a> in 2022. A trend in the automobile industry started by Mercedes Benz and Tesla, is having a platform to sell pre-owned vehicles<\/a>: now General Motors is joining that trend as well.<\/p>\n\n\n\n

We have studied how the stock slump of GoPro<\/a> should be considered not only from the view of technical analysis. Also, check the functionality from Facebook, the “login approval”<\/a> and if it really protects users or other interests. The reports from Volkswagen about their very low injury claims<\/a>, how now other companies in China can use the name “iPhone”<\/a> apart from Apple. We continue in China to learn about the Marketplace Alliance Program<\/a> from Alibaba, and the joint investment in CloudFlare<\/a> from Google Inc, Microsoft Corporation, Qualcomm, and Baidu.<\/p>\n\n\n\n

About Google, a company we follow a lot here, I want to see how they have entered in the batteries market <\/a>and how this will affect their current projects and the evolution of the stocks. Interesting are the Chrome updates to decrease CPU usage<\/a>. <\/p>\n\n\n\n

We analyze the effects of the position of Disney<\/a> in the dispute between Netflix and Time Warner, so we can understand how Disney is shifting its business after selling its stake in Fusion<\/a>. <\/p>\n\n\n\n

We discuss briefly how Oracle addressed<\/a> the changes in the cloud-computing industry, why Morgan Stanley is optimistic after the pandemic and the Brexit, the divestment in Dell regarding Perot Systems, and the effects of the huge minimum wage rise in Costco. Chipotle is cutting the executive compensation, the issues that BP is facing, what happens with Macy\u00b4s earnings, and how fundamental analysis can be done in those cases. About Apple, we analyze the effect of the launch of this product Apple Watch<\/a> where sales performed very irregularly.<\/p>\n","protected":false},"excerpt":{"rendered":"

Costco Wholesale said to raise its starting wage for the first time in nine years, hiking the rate by $1.50\/hr. to $13-13.50 in the US from $11.50-12 In a conference call with analysts, Costco Wholesale Corporation (NASDAQ:COST) announced that it plans to increase its minimum wage for the first time since 2007, as the labor … Read more<\/a><\/p>\n","protected":false},"author":2,"featured_media":5912,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_kad_blocks_custom_css":"","_kad_blocks_head_custom_js":"","_kad_blocks_body_custom_js":"","_kad_blocks_footer_custom_js":"","_kad_post_transparent":"","_kad_post_title":"","_kad_post_layout":"","_kad_post_sidebar_id":"","_kad_post_content_style":"","_kad_post_vertical_padding":"","_kad_post_feature":"","_kad_post_feature_position":"","_kad_post_header":false,"_kad_post_footer":false,"footnotes":""},"categories":[6],"tags":[],"yoast_head":"\nCostco Wholesale Corporation to Increase Minimum Wage for First Time in Nine Years - Business Finance<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/businessfinancenews.com\/28076-costco-wholesale-corporation-to-increase-minimum-wage-for-first-time-in-nin\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Costco Wholesale Corporation to Increase Minimum Wage for First Time in Nine Years - Business Finance\" \/>\n<meta property=\"og:description\" content=\"Costco Wholesale said to raise its starting wage for the first time in nine years, hiking the rate by $1.50\/hr. to $13-13.50 in the US from $11.50-12 In a conference call with analysts, Costco Wholesale Corporation (NASDAQ:COST) announced that it plans to increase its minimum wage for the first time since 2007, as the labor ... 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I am now living in the United States. I have a house in Ontario, but I actually never go.\u00a0 I wrote some books about sovereign debt, and mortgage loans. I am currently retired and dedicate most of my time to fishing. There were many topics in personal finances that have currently changed and other that I have never published before. So now in Business Finance, I found the opportunity to do so. Please let me know in the comments section which are your thoughts. 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I am now living in the United States. I have a house in Ontario, but I actually never go.\u00a0 I wrote some books about sovereign debt, and mortgage loans. I am currently retired and dedicate most of my time to fishing. There were many topics in personal finances that have currently changed and other that I have never published before. So now in Business Finance, I found the opportunity to do so. Please let me know in the comments section which are your thoughts. Thank you and have a happy reading.","sameAs":["https:\/\/businessfinancenews.com"],"url":"https:\/\/businessfinancenews.com\/author\/laidler\/"}]}},"taxonomy_info":{"category":[{"value":6,"label":"Markets"}]},"featured_image_src_large":["https:\/\/businessfinancenews.com\/wp-content\/uploads\/2021\/07\/960-ostco-wholesale-corporation-to-increase-minimum-wage-for-first-time-in-nin.webp",960,540,false],"author_info":{"display_name":"D Laidler","author_link":"https:\/\/businessfinancenews.com\/author\/laidler\/"},"comment_info":0,"category_info":[{"term_id":6,"name":"Markets","slug":"markets","term_group":0,"term_taxonomy_id":6,"taxonomy":"category","description":"<!-- wp:paragraph -->\r\n\r\nAs much as we have studied in this website technical analysis, I should not underestimate fundamental analysis. We have interesting articles that can be useful to understand how companies are behaving: how are their sales? are they investing in new plants? Are they divesting and splitting? This information can be helpful to perform fundamental analysis before investing.\r\n\r\n<!-- \/wp:paragraph -->\r\n\r\n<!-- wp:paragraph -->\r\n\r\nWe study assets more in terms of what are these companies doing in long-term investments, what happens with their management accounting and balances in a wide array of securities and markets.\r\n\r\n<!-- \/wp:paragraph -->\r\n\r\n<!-- wp:paragraph -->\r\n\r\nWe have studied investments from <a href=\"https:\/\/businessfinancenews.com\/22771-netflix-inc-nflx-stock-price-target-lifted-to-950-at-btig-research\/\" target=\"_blank\" rel=\"noopener\" data-lasso-id=\"3996\">Netflix<\/a>, new contracts signed by <a href=\"https:\/\/businessfinancenews.com\/28601-orbital-atk-inc-signs-5year-idiq-contract-with-the-us-defense-department\/\" target=\"_blank\" rel=\"noopener\" data-lasso-id=\"3997\">Orbital<\/a>, <a href=\"https:\/\/businessfinancenews.com\/23323-solarcity-corp-scty-stock-price-target-upgraded-baird\/\" target=\"_blank\" rel=\"noopener\" data-lasso-id=\"3998\">SolarCity<\/a> earnings report and their negotiation with Tesla for the <a href=\"https:\/\/businessfinancenews.com\/22305-solarcity-corp-offers-tesla-motors-inc-powerwall-battery-for-5000\/\" target=\"_blank\" rel=\"noopener\" data-lasso-id=\"3999\">acquisition of the Powerball battery<\/a>, the problems that <a href=\"https:\/\/businessfinancenews.com\/26842-arch-coal-inc-is-getting-desperate\/\" target=\"_blank\" rel=\"noopener\" data-lasso-id=\"4000\">ARCH coal<\/a> is facing, how <a href=\"https:\/\/businessfinancenews.com\/29055-international-business-machines-jumps-to-fight-zika-virus-heres-how\/\" target=\"_blank\" rel=\"noopener\" data-lasso-id=\"4001\">IBM is investing<\/a> in the treatment of the Zika virus, how <a href=\"https:\/\/businessfinancenews.com\/24626-moon-express-moves-closer-to-mining-minerals-on-the-moon\/\" target=\"_blank\" rel=\"noopener\" data-lasso-id=\"4002\">Moon Express<\/a> is planning to mine minerals in the moon, and how <a href=\"https:\/\/businessfinancenews.com\/28684-citigroup-inc-a-notch-above-peers-in-commodities\/\" target=\"_blank\" rel=\"noopener\" data-lasso-id=\"4003\">Citigroup<\/a> is engaged in commodity trading.\r\n\r\n<!-- \/wp:paragraph -->\r\n\r\n<!-- wp:paragraph -->\r\n\r\nWe follow a lot Tesla here, from the fundamental analysis and from the technical as well. See how the <a href=\"https:\/\/businessfinancenews.com\/28355-dont-forget-about-gms-chevy-bolt-amid-teslas-model-3-hype\/\" target=\"_blank\" rel=\"noopener\" data-lasso-id=\"4004\">Chevy Bolt and the Tesla 3<\/a> are dimensioning the evolution of the price of these shares and how this could affect technical analysis, and how the <a href=\"https:\/\/businessfinancenews.com\/28720-tesla-autopilot-reduces-accidents-probability-by-50-elon-musk\/\" target=\"_blank\" rel=\"noopener\" data-lasso-id=\"4005\">Autopilot<\/a> functionality is working: the evolution of the Autopilot software has always influenced the prices of their stocks. <a href=\"https:\/\/businessfinancenews.com\/22425-2015-tesla-motors-inc-model-s-70d-ranked-car-of-the-century-car-and-driver\/\" target=\"_blank\" rel=\"noopener\" data-lasso-id=\"4006\">Tesla Model S 70D<\/a> is considered the \"car of the century\", not by us of course, but we are interested to see how these awards affect the evolution of the stocks. Tesla and other companies signed an agreement so that <a href=\"https:\/\/businessfinancenews.com\/28259-a-step-closer-to-auto-safety-autoemergency-braking-to-become-standard-by-20\/\" target=\"_blank\" rel=\"noopener\" data-lasso-id=\"4007\">autobraking became the standard<\/a> in 2022. A trend in the automobile industry started by Mercedes Benz and Tesla, is having a <a href=\"https:\/\/businessfinancenews.com\/27291-general-motors-company-imitates-tesla-motors-inc-launches-preowned-platform\/\" target=\"_blank\" rel=\"noopener\" data-lasso-id=\"4008\">platform to sell pre-owned vehicles<\/a>: now General Motors is joining that trend as well.\r\n\r\n<!-- \/wp:paragraph -->\r\n\r\n<!-- wp:paragraph -->\r\n\r\nWe have studied how the <a href=\"https:\/\/businessfinancenews.com\/27302-gopro-inc-recent-stock-slump-time-to-abandon-ship\/\" target=\"_blank\" rel=\"noopener\" data-lasso-id=\"4009\">stock slump of GoPro<\/a> should be considered not only from the view of technical analysis. Also, check the functionality from Facebook, the <a href=\"https:\/\/businessfinancenews.com\/25179-facebook-inc-to-introduce-login-approval-mechanism-to-thwart-state-sponsore\/\" target=\"_blank\" rel=\"noopener\" data-lasso-id=\"4010\">\"login approval\"<\/a> and if it really protects users or other interests. The reports from Volkswagen about their <a href=\"https:\/\/businessfinancenews.com\/24819-volkswagen-ag-adr-reports-to-have-lowest-death-and-injury-claims\/\" target=\"_blank\" rel=\"noopener\" data-lasso-id=\"4011\">very low injury claims<\/a>, how now other companies in China can use <a href=\"https:\/\/businessfinancenews.com\/28821-apple-inc-is-not-the-only-company-allowed-to-use-the-iphone-label-in-china\/\" target=\"_blank\" rel=\"noopener\" data-lasso-id=\"4012\">the name \"IPhone\"<\/a> apart from Apple. We continue in China to learn about the <a href=\"https:\/\/businessfinancenews.com\/22603-alibaba-group-holding-ltd-cloud-computing-arm-unveils-marketplace-alliance\/\" target=\"_blank\" rel=\"noopener\" data-lasso-id=\"4013\">Marketplace Alliance Program<\/a> from Alibaba, and the <a href=\"https:\/\/businessfinancenews.com\/24350-google-inc-microsoft-corporation-qualcomm-and-baidu-announce-joint-investme\/\" target=\"_blank\" rel=\"noopener\" data-lasso-id=\"4014\">joint investment in CloudFlare<\/a> from Google Inc, Microsoft Corporation, Qualcomm, and Baidu.\r\n\r\n<!-- \/wp:paragraph -->\r\n\r\n<!-- wp:paragraph -->\r\n\r\nAbout Google, a company we follow a lot here, I want to see how they have entered in the <a href=\"https:\/\/businessfinancenews.com\/22086-google-inc-enters-battery-arms-race-wsj\/\" target=\"_blank\" rel=\"noopener\" data-lasso-id=\"4015\">batteries market <\/a>and how this will affect their current projects and the evolution of the stocks. Interesting are the <a href=\"https:\/\/businessfinancenews.com\/22676-google-inc-googl-announces-chrome-updates-to-decrease-cpu-usage\/\" target=\"_blank\" rel=\"noopener\" data-lasso-id=\"4016\">Chrome updates to decrease CPU usage<\/a>.\r\n\r\n<!-- \/wp:paragraph -->\r\n\r\n<!-- wp:paragraph -->\r\n\r\nWe analyze the effects of the <a href=\"https:\/\/businessfinancenews.com\/26080-walt-disney-co-backs-netflix-inc-in-time-warner-inc-dispute\/\" target=\"_blank\" rel=\"noopener\" data-lasso-id=\"4017\">position of Disney<\/a> in the dispute between Netflix and Time Warner, so we can understand how Disney is shifting its business after <a href=\"https:\/\/businessfinancenews.com\/26967-walt-disney-co-likely-to-sell-fusion-stake\/\" target=\"_blank\" rel=\"noopener\" data-lasso-id=\"4018\">selling its stake in Fusion<\/a>.\r\n\r\n<!-- \/wp:paragraph -->\r\n\r\n<!-- wp:paragraph -->\r\n\r\nWe discuss briefly <a href=\"https:\/\/businessfinancenews.com\/26847-oracle-corporation-after-such-an-outlook-where-can-it-go\/\" target=\"_blank\" rel=\"noopener\" data-lasso-id=\"4019\">how Oracle adressed the changes<\/a> in the cloud-computing industry, why <a href=\"https:\/\/businessfinancenews.com\/26659-morgan-stanley-to-dismiss-400-employees\/\" target=\"_blank\" rel=\"noopener\" data-lasso-id=\"4020\">Morgan Stanley is optimistic<\/a> after the pandemic and the Brexit, the divestment in Dell regarding <a href=\"https:\/\/businessfinancenews.com\/27159-dell-eyeing-4-billion-perot-sale-to-atos-ahead-of-emc-merger\/\" target=\"_blank\" rel=\"noopener\" data-lasso-id=\"4021\">Perot Systems<\/a>, and the effects of the <a href=\"https:\/\/businessfinancenews.com\/28076-costco-wholesale-corporation-to-increase-minimum-wage-for-first-time-in-nin\/\" target=\"_blank\" rel=\"noopener\" data-lasso-id=\"4022\">huge minimum wage rise in Costco<\/a>. <a href=\"https:\/\/businessfinancenews.com\/28188-chipotle-cmg-cuts-executive-compensation-packages-after-ecoli-norovirus-out\/\" target=\"_blank\" rel=\"noopener\" data-lasso-id=\"4023\">Chipotle<\/a> is cutting the executive compensation, the <a href=\"https:\/\/businessfinancenews.com\/23893-bp-plc-is-facing-a-trilemma\/\" target=\"_blank\" rel=\"noopener\" data-lasso-id=\"4024\">issues that BP is facing<\/a>, what happens with <a href=\"https:\/\/businessfinancenews.com\/26162-macys-inc-m-earnings-heres-what-went-wrong\/\" target=\"_blank\" rel=\"noopener\" data-lasso-id=\"4025\">Macy\u00b4s earnings<\/a> and how fundamental analysis can be done in those cases. About Apple, we analyze the effect of the launch of this <a href=\"https:\/\/businessfinancenews.com\/22057-apple-watch-reviews-are-finally-out-heres-what-analysts-are-saying\/\" target=\"_blank\" rel=\"noopener\" data-lasso-id=\"4026\">product Apple Watch<\/a> where sales performed very irregularly.\r\n\r\n<!-- \/wp:paragraph -->","parent":0,"count":62,"filter":"raw","cat_ID":6,"category_count":62,"category_description":"<!-- wp:paragraph -->\r\n\r\nAs much as we have studied in this website technical analysis, I should not underestimate fundamental analysis. We have interesting articles that can be useful to understand how companies are behaving: how are their sales? are they investing in new plants? Are they divesting and splitting? This information can be helpful to perform fundamental analysis before investing.\r\n\r\n<!-- \/wp:paragraph -->\r\n\r\n<!-- wp:paragraph -->\r\n\r\nWe study assets more in terms of what are these companies doing in long-term investments, what happens with their management accounting and balances in a wide array of securities and markets.\r\n\r\n<!-- \/wp:paragraph -->\r\n\r\n<!-- wp:paragraph -->\r\n\r\nWe have studied investments from <a href=\"https:\/\/businessfinancenews.com\/22771-netflix-inc-nflx-stock-price-target-lifted-to-950-at-btig-research\/\" target=\"_blank\" rel=\"noopener\" data-lasso-id=\"3996\">Netflix<\/a>, new contracts signed by <a href=\"https:\/\/businessfinancenews.com\/28601-orbital-atk-inc-signs-5year-idiq-contract-with-the-us-defense-department\/\" target=\"_blank\" rel=\"noopener\" data-lasso-id=\"3997\">Orbital<\/a>, <a href=\"https:\/\/businessfinancenews.com\/23323-solarcity-corp-scty-stock-price-target-upgraded-baird\/\" target=\"_blank\" rel=\"noopener\" data-lasso-id=\"3998\">SolarCity<\/a> earnings report and their negotiation with Tesla for the <a href=\"https:\/\/businessfinancenews.com\/22305-solarcity-corp-offers-tesla-motors-inc-powerwall-battery-for-5000\/\" target=\"_blank\" rel=\"noopener\" data-lasso-id=\"3999\">acquisition of the Powerball battery<\/a>, the problems that <a href=\"https:\/\/businessfinancenews.com\/26842-arch-coal-inc-is-getting-desperate\/\" target=\"_blank\" rel=\"noopener\" data-lasso-id=\"4000\">ARCH coal<\/a> is facing, how <a href=\"https:\/\/businessfinancenews.com\/29055-international-business-machines-jumps-to-fight-zika-virus-heres-how\/\" target=\"_blank\" rel=\"noopener\" data-lasso-id=\"4001\">IBM is investing<\/a> in the treatment of the Zika virus, how <a href=\"https:\/\/businessfinancenews.com\/24626-moon-express-moves-closer-to-mining-minerals-on-the-moon\/\" target=\"_blank\" rel=\"noopener\" data-lasso-id=\"4002\">Moon Express<\/a> is planning to mine minerals in the moon, and how <a href=\"https:\/\/businessfinancenews.com\/28684-citigroup-inc-a-notch-above-peers-in-commodities\/\" target=\"_blank\" rel=\"noopener\" data-lasso-id=\"4003\">Citigroup<\/a> is engaged in commodity trading.\r\n\r\n<!-- \/wp:paragraph -->\r\n\r\n<!-- wp:paragraph -->\r\n\r\nWe follow a lot Tesla here, from the fundamental analysis and from the technical as well. See how the <a href=\"https:\/\/businessfinancenews.com\/28355-dont-forget-about-gms-chevy-bolt-amid-teslas-model-3-hype\/\" target=\"_blank\" rel=\"noopener\" data-lasso-id=\"4004\">Chevy Bolt and the Tesla 3<\/a> are dimensioning the evolution of the price of these shares and how this could affect technical analysis, and how the <a href=\"https:\/\/businessfinancenews.com\/28720-tesla-autopilot-reduces-accidents-probability-by-50-elon-musk\/\" target=\"_blank\" rel=\"noopener\" data-lasso-id=\"4005\">Autopilot<\/a> functionality is working: the evolution of the Autopilot software has always influenced the prices of their stocks. <a href=\"https:\/\/businessfinancenews.com\/22425-2015-tesla-motors-inc-model-s-70d-ranked-car-of-the-century-car-and-driver\/\" target=\"_blank\" rel=\"noopener\" data-lasso-id=\"4006\">Tesla Model S 70D<\/a> is considered the \"car of the century\", not by us of course, but we are interested to see how these awards affect the evolution of the stocks. Tesla and other companies signed an agreement so that <a href=\"https:\/\/businessfinancenews.com\/28259-a-step-closer-to-auto-safety-autoemergency-braking-to-become-standard-by-20\/\" target=\"_blank\" rel=\"noopener\" data-lasso-id=\"4007\">autobraking became the standard<\/a> in 2022. A trend in the automobile industry started by Mercedes Benz and Tesla, is having a <a href=\"https:\/\/businessfinancenews.com\/27291-general-motors-company-imitates-tesla-motors-inc-launches-preowned-platform\/\" target=\"_blank\" rel=\"noopener\" data-lasso-id=\"4008\">platform to sell pre-owned vehicles<\/a>: now General Motors is joining that trend as well.\r\n\r\n<!-- \/wp:paragraph -->\r\n\r\n<!-- wp:paragraph -->\r\n\r\nWe have studied how the <a href=\"https:\/\/businessfinancenews.com\/27302-gopro-inc-recent-stock-slump-time-to-abandon-ship\/\" target=\"_blank\" rel=\"noopener\" data-lasso-id=\"4009\">stock slump of GoPro<\/a> should be considered not only from the view of technical analysis. Also, check the functionality from Facebook, the <a href=\"https:\/\/businessfinancenews.com\/25179-facebook-inc-to-introduce-login-approval-mechanism-to-thwart-state-sponsore\/\" target=\"_blank\" rel=\"noopener\" data-lasso-id=\"4010\">\"login approval\"<\/a> and if it really protects users or other interests. The reports from Volkswagen about their <a href=\"https:\/\/businessfinancenews.com\/24819-volkswagen-ag-adr-reports-to-have-lowest-death-and-injury-claims\/\" target=\"_blank\" rel=\"noopener\" data-lasso-id=\"4011\">very low injury claims<\/a>, how now other companies in China can use <a href=\"https:\/\/businessfinancenews.com\/28821-apple-inc-is-not-the-only-company-allowed-to-use-the-iphone-label-in-china\/\" target=\"_blank\" rel=\"noopener\" data-lasso-id=\"4012\">the name \"IPhone\"<\/a> apart from Apple. We continue in China to learn about the <a href=\"https:\/\/businessfinancenews.com\/22603-alibaba-group-holding-ltd-cloud-computing-arm-unveils-marketplace-alliance\/\" target=\"_blank\" rel=\"noopener\" data-lasso-id=\"4013\">Marketplace Alliance Program<\/a> from Alibaba, and the <a href=\"https:\/\/businessfinancenews.com\/24350-google-inc-microsoft-corporation-qualcomm-and-baidu-announce-joint-investme\/\" target=\"_blank\" rel=\"noopener\" data-lasso-id=\"4014\">joint investment in CloudFlare<\/a> from Google Inc, Microsoft Corporation, Qualcomm, and Baidu.\r\n\r\n<!-- \/wp:paragraph -->\r\n\r\n<!-- wp:paragraph -->\r\n\r\nAbout Google, a company we follow a lot here, I want to see how they have entered in the <a href=\"https:\/\/businessfinancenews.com\/22086-google-inc-enters-battery-arms-race-wsj\/\" target=\"_blank\" rel=\"noopener\" data-lasso-id=\"4015\">batteries market <\/a>and how this will affect their current projects and the evolution of the stocks. Interesting are the <a href=\"https:\/\/businessfinancenews.com\/22676-google-inc-googl-announces-chrome-updates-to-decrease-cpu-usage\/\" target=\"_blank\" rel=\"noopener\" data-lasso-id=\"4016\">Chrome updates to decrease CPU usage<\/a>.\r\n\r\n<!-- \/wp:paragraph -->\r\n\r\n<!-- wp:paragraph -->\r\n\r\nWe analyze the effects of the <a href=\"https:\/\/businessfinancenews.com\/26080-walt-disney-co-backs-netflix-inc-in-time-warner-inc-dispute\/\" target=\"_blank\" rel=\"noopener\" data-lasso-id=\"4017\">position of Disney<\/a> in the dispute between Netflix and Time Warner, so we can understand how Disney is shifting its business after <a href=\"https:\/\/businessfinancenews.com\/26967-walt-disney-co-likely-to-sell-fusion-stake\/\" target=\"_blank\" rel=\"noopener\" data-lasso-id=\"4018\">selling its stake in Fusion<\/a>.\r\n\r\n<!-- \/wp:paragraph -->\r\n\r\n<!-- wp:paragraph -->\r\n\r\nWe discuss briefly <a href=\"https:\/\/businessfinancenews.com\/26847-oracle-corporation-after-such-an-outlook-where-can-it-go\/\" target=\"_blank\" rel=\"noopener\" data-lasso-id=\"4019\">how Oracle adressed the changes<\/a> in the cloud-computing industry, why <a href=\"https:\/\/businessfinancenews.com\/26659-morgan-stanley-to-dismiss-400-employees\/\" target=\"_blank\" rel=\"noopener\" data-lasso-id=\"4020\">Morgan Stanley is optimistic<\/a> after the pandemic and the Brexit, the divestment in Dell regarding <a href=\"https:\/\/businessfinancenews.com\/27159-dell-eyeing-4-billion-perot-sale-to-atos-ahead-of-emc-merger\/\" target=\"_blank\" rel=\"noopener\" data-lasso-id=\"4021\">Perot Systems<\/a>, and the effects of the <a href=\"https:\/\/businessfinancenews.com\/28076-costco-wholesale-corporation-to-increase-minimum-wage-for-first-time-in-nin\/\" target=\"_blank\" rel=\"noopener\" data-lasso-id=\"4022\">huge minimum wage rise in Costco<\/a>. <a href=\"https:\/\/businessfinancenews.com\/28188-chipotle-cmg-cuts-executive-compensation-packages-after-ecoli-norovirus-out\/\" target=\"_blank\" rel=\"noopener\" data-lasso-id=\"4023\">Chipotle<\/a> is cutting the executive compensation, the <a href=\"https:\/\/businessfinancenews.com\/23893-bp-plc-is-facing-a-trilemma\/\" target=\"_blank\" rel=\"noopener\" data-lasso-id=\"4024\">issues that BP is facing<\/a>, what happens with <a href=\"https:\/\/businessfinancenews.com\/26162-macys-inc-m-earnings-heres-what-went-wrong\/\" target=\"_blank\" rel=\"noopener\" data-lasso-id=\"4025\">Macy\u00b4s earnings<\/a> and how fundamental analysis can be done in those cases. About Apple, we analyze the effect of the launch of this <a href=\"https:\/\/businessfinancenews.com\/22057-apple-watch-reviews-are-finally-out-heres-what-analysts-are-saying\/\" target=\"_blank\" rel=\"noopener\" data-lasso-id=\"4026\">product Apple Watch<\/a> where sales performed very irregularly.\r\n\r\n<!-- \/wp:paragraph -->","cat_name":"Markets","category_nicename":"markets","category_parent":0}],"tag_info":false,"_links":{"self":[{"href":"https:\/\/businessfinancenews.com\/wp-json\/wp\/v2\/posts\/5910"}],"collection":[{"href":"https:\/\/businessfinancenews.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/businessfinancenews.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/businessfinancenews.com\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/businessfinancenews.com\/wp-json\/wp\/v2\/comments?post=5910"}],"version-history":[{"count":3,"href":"https:\/\/businessfinancenews.com\/wp-json\/wp\/v2\/posts\/5910\/revisions"}],"predecessor-version":[{"id":8101,"href":"https:\/\/businessfinancenews.com\/wp-json\/wp\/v2\/posts\/5910\/revisions\/8101"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/businessfinancenews.com\/wp-json\/wp\/v2\/media\/5912"}],"wp:attachment":[{"href":"https:\/\/businessfinancenews.com\/wp-json\/wp\/v2\/media?parent=5910"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/businessfinancenews.com\/wp-json\/wp\/v2\/categories?post=5910"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/businessfinancenews.com\/wp-json\/wp\/v2\/tags?post=5910"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}