Business

When it comes to fast food businesses, Taco Bell is that restaurant chain business which has gained an immense amount of popularity. Everyone likes to eat delicious tacos, but yesterday seemed to be a bad day for Taco bells. Because on the occasion of free taco promotion day the official website and app of taco bell twenty down for some time. The Golden State Warriors recently won the NBA 2019 finals and to celebrate that victory Taco bells started “Steal a Game, Steal a Taco” promotion “Steal a Game, Steal a Taco” promotion.

Now since many people were ordering their favourite delicious tacos online, the official website and app went down for some time. An infinite amount of restaurants were given the free promotion food to various customers, but around 9 p.m. EDT Tuesday Taco Bell’s official website showed a message which said: “We are experiencing higher than normal traffic.” It seems like many people were in a rush to order their favourite tacos because of this great promotion offers. However, after a few minutes of temporary crash website of Taco Bell went live again. The freebie offer was From 2 to 6 p.m. local time, and during this time, a person could walk in the restaurant get their delicious tacos.

Since many people know it’s better to order the same online without any problem, many of them went directly to order the food online only. Taco Bells said that people love more of a free Doritos Locos Tacos more than any other usual taco. Meanwhile, social media users went on Twitter and shared some funny memes about how hungry they are and can’t order their favourite food online. Even though the problem was fixed pretty soon taco bells still, some users must have missed getting their free Doritos Locos tacos.

The united states of America is that country which is considered as the most powerful nation in whole world because of its economic and political power. However, the country has faced lots of problems of less job creation, slow commercial growth rate in last one decade. But, a recent report shows that under Trump administration, the US might break the record of creating most number of jobs for unemployed people in next month. US Labor Department recently released a statement in which it stated that they are expecting a higher number of posts in labor market next month. Trump administration has significantly put lots of focus on creating jobs for citizens of this country, and now it seems like they are achieving their goal.

Federal reserves recently said that they are going to cut rates of interest if the situation between US-China goes on for a more extended period. A few months ago, Trump started a trade war, which is now becoming a significant threat to the country’s economy. The decision of putting more than twenty-five percent of taxes on Chinese imported goods is still one of the bluntest decisions Trump has ever taken. Trade war tensions are not getting slowed down between two countries. China, on the other hand, is trying to come up with their own version of tariff attack in which they are preparing the list of “unreliable entities.”

In this list, they are going to put those companies names with whom country might never do business again. Even though Labor Department of USA says, that country is going to receive many jobs in next months, which is a good thing. However, rising trade disputes with China and other countries like Mexico, India is also becoming a headache for US economy. The situation as of now is more of a dilemma but many experts are predicting a recession if Trump goes with his plan of putting twenty-five percent of heavy taxes on Chinese goods.

The car industry is going through a rough period from last few years because of the entry if electric vehicles. Many old car companies are not able to generate a sufficient amount of sales. Fiat Chrysler is one of those companies which hasn’t been made to the top because other than the centoventi, company hasn’t come up with more EVs. Fiat Chrysler is finding itself in a tough position since the company’s market share is diminishing at a faster rate and new competitors who are coming up with new electric vehicles are beating it on every aspect. Now to survive in car industry fiat, Chrysler has decided to join hand with Japanese car making company Renault.

From last so many years these companies were hard rivals of each other, however, now to enter into the EV industry fiat Chrysler is in talks to get into the joint venture with Renault. The report also predicts that Fiat might join the grand alliance of Renault-Nissan-Mitsubishi. Now, these Japanese companies are dominating the industry, and for surviving in the future, they created this alliance a few years ago. Fiat Chrysler might also join this alliance which is going to give some hopes to company’s investors.

From the last few days, it’s been observed that both the companies are trying to talk, and they want to share more than each other’s technology. Since both companies going to use each other’s platform, it’s necessary to form clear terms of agreement. When reached out to both of these companies they declined to leave a comment, but reporters think this trade deal might be a game changer for both companies. Electric car companies like Tesla, Waymo are producing and making cars at a faster rate also they would be able to grab the market much earlier than other companies. Now it’s necessary for Fiat Chrysler to have this deal to survive in future.

We all know the world’s two largest nations are fighting with each other because of trade tensions between them. Now to make things worse, both of thee countries are trying to accuse each other with some serious allegations. Because of this trade war, Trump administration accused Chinese company Huawei of spying on people, which is negatively impacting on its sale. Chinese officials recently said that such type of allegations is not supposed to be done by the USA because it’s indirectly misleading people of the world.

The united states is trying to dominate China by levying massive amount of taxes on Chinese goods and services. US demand from China to stop intellectual property theft, which is hurting US economy and even if that’s true, China doesn’t agree with it. There are many domestic companies in China which are operating in there, but since their majority of the business depends upon US customers, they are now on the verge of bankruptcy. The Chinese government has said trade terms which Trump administration is putting is not moral because it ultimately blocks their right to do business.

The Chinese government has been trying its best to protect public enterprise companies like Huawei, but since tariff rates have increased by the trump administration, they are becoming less profitable. Chinese officials think such type of actions which is taken by US is sending a wrong message to the entire world about China. Trump has made sure that no other country would sign a trade deal with Huawei, which is creating many significant problems for it. Both countries officials have met for more than two times, but none of them have agreed to sign a fair trade deal. Trump administration is stubborn on getting a fair trade deal agreement, and China, on the other hand, is not ready to agree to those terms and conditions.

The US-China trade war is negatively affecting on Chinese tech giant company Huawei since Trump has banned it. Huawei, which is one of the largest tech company in the world, now going through the wrong time because of Trump’s decision of putting a ban. However, Huawei is not the only company which is suffering because of this trade war issue because US-based companies like Intel, Broadcom, Qualcomm, Xilinx are also going through a similar phase. All of these companies are not performing well because they sell electronic chips to Huawei. Since the company is not able to make a contract with any US-based companies, they might lose a big client.

Shares of Broadcom went down by more than 5% on Monday because it has earned a revenue of $285 million from Huawei in the first quarter of this year. There’s another California based networking modules company called NeoPhotonics whose shares have fallen by more than 30% since the US has put the ban on Huawei. Many electronic equipment production companies are dependent on Huawei, which means losing such type of customer is going to cost a lot of money to them. A few months ago Huawei released the list of its key suppliers in which 13 US-based companies were included. One can get an idea about not only Huawei, but there are many American companies which in many ways dependent on Huawei.

Many big CEOs of these companies have shown they’re concerned about this potential ban on Huawei and they expect US-China will resolve this matter of trade dispute quickly. However, according to the current situation, the trade war tension is on its peak, and both the government are in no mood to discuss any trade agreement. So it will be hard for those companies which are a crucial supplier of Huawei since they are losing a tremendous amount of revenue.

Everyone knows that Microsoft is working on the Chromium-based Edge browser and the beta preview of the same for Windows is pretty amazing. With the stability and the beautiful design, every beta tester is providing positive feedback. Now, Microsoft has released the test version of the same browser for MacOS users. The Chromium-based browser will now run on the MacOS based devices like the Macbook and iMac. Microsoft Edge browser’s Canary build comes with all of the features from the Windows-based build and also subtle customizations that make it smoother to use on MacOS environment.

Microsoft developers have modified the Edge browser to suit the MacOS environment. With fonts that are suitable for mac, menu options and also the Keyboard shortcuts are dedicated to the MacOS users. So, the users will feel it like proprietary MacOS software, while using the Edge Browser based on Chromium open-source project. With the customizations for MacOS like Touchbar shortcuts, trackpad gestures and every other feature that is not present on the Windows-based computers, Microsoft has added support for every feature. Also, the company says that the refinements will be introduced with each update in the future.

As the browser is based on Chromium Open-source project, it comes with design elements adopted from Chrome browser. Also, the browser does support all of the plugins and apps from the Chrome Web Store, making it one of the best alternatives for the Chrome Browser itself. Thankfully, Chromium-based Edge complies with all of the modern web standards, unlike the Edge browser that comes in Windows 10. As the web developers ignoring the standard Edge browser due to lack of the support for modern web standards, Microsoft hopes they will start using the Edge once it is officially launched with Chromium base. MacOS users can download the installer from the official Microsoft Edge website.

The united states of America have always been dominant in every sector if business but last one decade was not good for it. Since China’s emergence in manufacturing, the retail industry has created lots of problems for USA. Now since Trump has decided to put extra tariffs on Chinese goods and service, many people think China might suffer because of it. However, before this decision of Trump China was not performing well because since April it’s been observed that China’s manufacturing, real estate, investment sectors have gone down by high margin. The retail businesses in China are in a difficult situation because of this trade war with the USA.

The export sector of China has suffered the most since US consumers are top buyers of Chinese goods and services however because of Trump’s hefty amount of taxes now they are not able to sell their products at a high margin. China currently needs a sustainable growth of economy, but it’s not getting it because of bad geopolitical relationship with USA. Donald Trump has already fought China on issues of intellectual property theft, and according to him, Chinese companies are just copying American. Now to counter-attack that move of Trump, China has also decided to levy taxes on the US made goods, but that’s not going to save its sinking economy.

Even though China is the second largest economy in the world, it is still trying to beat US in every economic aspect. The fixed asset investment in China has reduced significantly because of high inflation, and that’s the reason government now have to lend money to local Chinese people in business. Export sector mostly sells retail products, including electric items, but because of this dispute, many of them are on the verge of bankruptcy. The situation between China-US doesn’t seem to be resolved that much easier, and even if it did, then China will have to agree to all terms and conditions of USA.

According to recent reports, the scooter making company Spin has rolled out its scooters in St Louis market. On Monday morning it’s been observed that bright orange bikes made by Spin were roaming around on St. Louis streets. Currently, there are many scooter companies like Lime, Bird which are competing with each other. Spin is an electric scooter making company which was recently bought by automobile company giant Ford for a whopping amount of $100 million. The business model of Spin is unique because a customer needs to order the scooty through which they can choose according to GPS equipped locations.

Once they reach their destination, a customer needs to park the scooter and then leave it there until the next customer picks it up. The business might be a little bit difficult to implement, but the company is still trying to operate at its best capacity. Ford has purchased it because they wanted a diversification for their investment since the automobile giant is also going to produce electric cars and scooters. The city has permitted operating 2500 scooters still no company has achieved the target of producing and launching at that capacity.

Bird and Lime have launched 500-600 scooters in St. Louis city. Spine is charging $1 for unlocking the bike and 15 cents for every minute’s ride. The cost of Spin is much lower as compared to its rival which is the reason why some analysts are supporting the company’s business model. Even if the electric scooter industry is new, it has already filled up with lots of new companies, and that’s the reason big companies like Ford, Uber are trying to enter into this sector. However, for Spin, it won’t be that much easy since they will have to compete with Bird and Lime to get to the top of the market.

When it comes to the ride-sharing business, currently there are only two companies which ruling this market, and that’s Uber and Lyft. If you have travelled by using one of these companies cars, then you might want to hear what the drivers of these companies think passengers shouldn’t do. Sometimes when we are in a Uber cab, we forget about the whole situation and start behaving like there is no one around and that’s why drivers have told that a passenger should not eat or drink when they in the car. Everyone has a bad habit of drinking a soda or coffee which we carry them with us but if you’re in a uber then try to avoid drinking or eating it because drivers find it cringy. Another thing which drivers give most importance to is “smell”.

You should not be smoking marijuana or cigarette when you are driving in a ride-sharing car because you are ultimately ruining everyone’s mood. Sometimes you will get those ride-sharing partners who will eventually make you feel harmful and even unsafe. Don’t’ slam the door is another essential thing which every cab sharing passenger shall put into their mind. Sometimes because of hurry or being angry, you might want to slam the door of a car which is going to cost some money to the driver.

Another important thing is Don’t ignore your driver when you are in the cab with him. When you are in a taxi, the one thing which you need to do is to don’t forget that you are with another human being and that’s a driver. Drivers of Uber and Lyft have said that they feel isolated when they don’t receive any communication from their passenger. As a human being we are bound to talk with others because that’s how we feel connected and even if you’re introvert try to ask simple questions like how was your day?.

The tension between Iran and USA is now increasing a rapid rate because recently USA decided to send its firepowers to the middle east to counterattack Iran. Iran has already said that they are preparing for a war with USA and if the country attacks them they are going to do the same thing. The USA recently decided to send its firepowers to middle eat for preparation of war. Recently USA decided to put a ban on oil sanctions which is hurting Iran’s economy in every possible way.

Iran is that country whose primary source of income is natural gases and oil. Now since US has put on sanctions, the country is suffering more because no other alliance of US is trying to buy oil from Iran. It’s been confirmed by US forces that Iranian forces are preparing for a war with US and now in any circumstances like this US has also prepared for it. Chief of Naval Admiral John Richardson said that sending US air force carriers in middle east is nothing but showing how much powerful we as a country are to the enemy. The air force carriers which the US owned is more advanced and dangerous than any country has. Iran who is trying to attack the US might get afraid of it.

USS Abraham Lincoln is sea-based airfield ship which is leading this group of air striker carriers, and it’s more potent than enemy’s army. USA has sent Fighters, electronic attack aircraft, early warning aircraft, and rotary aircraft which no enemy would like to fight. Currently, the oil market is not performing well because of these countries dispute. Some experts are predicting that if situation goes worse then get ready to see another war. There is no official statement came from both of the countries about military practices, but sources said US is fully equipped to answer if Iran started the war.

Tesla Inc. is that company which is trying its best to produce electric vehicles, and now recent comments from Elon Musk have come who thinks Tesla will be managed to cross a valuation of more than $500 billion. Musk said that through self-driving technology Tesla would be able to get the valuation of more than half of a trillion dollars. A few days ago Tesla decided to raise further capital by issuing shares to the general public and underwriters.

The company currently is not going through good financial condition since problem of cash burnout is still inevitable for the company. To continue production of electric vehicles Tesla’s executives decided to raise capital from investors further. Self-driving technology is going to be the key to future which is a primary reason why so many giant automaking companies are shifting their core business into this new sector. Elon Musk while revealing new features of Tesla cars a few days ago said that Tesla might be able to beat Uber and Lyft in ridesharing business.

He thinks self-driving cars are going to play significant roles and it will automatically destroy the market potential of Uber and Lyft. The current valuation of Tesla Inc. is $42 billion also Musk thinks this new self-driving technology can change the valuation of company drastically. He told investors not to worry about current problem of cash burn out since it’s just temporary, but still, some analysts are skeptical about Tesla’s future. Musk has decided to buy more shares of Tesla Inc. in this further issue which company is going to do in the next few days. It seems like Elon is pretty much optimistic about the company even if some analysts and experts doesn’t think that way.

The US President Donald Trump is losing followers and so, met with Jack Dorsey, the Chief Executive of Twitter Inc on Tuesday. He spent a significant amount of time asking him about the reason for losing Twitter followers. Trump attacked Twitter last week and said it is biased, in a meeting held by White House last week. After the meeting held on Tuesday, Trump tweeted that the meeting held this afternoon with Jack from twitter at the Whitehouse was great. They discussed many important subjects about this social media platform and others as well. Trump also said that he looks forward to keeping an open dialogue. With this tweet, he posted the photo of Dorsey with others in the Office.

Dorsey replied in his tweet saying thank you for his time and added that Twitter is here to serve people and always tries to make the conversations more civil and healthier. Dorsey hadn’t met Trump before that. In this meeting, Dorsey explained the concern of Trump that he was losing his followers. He said that the company was working towards removing spam and fraudulent accounts, due to which many famous people are losing their followers, including Dorsey himself. Trump said that Twitter was biased against him but had no evidence about this. He also wrote on his Twitter wall that the company is discriminatory towards him and doesn’t treat him well.

Trump lost almost 204,000 followers out of his 53.4 million followers in July alone and he is upset about it. He got this data from a firm Keyhole. There were many suspicious accounts on the social media platform which were trying to influence voters in 2016. Such accounts used influential information, which may or may not be correct to run campaigns. Trump also wrote in October that Twitter removed many people from his account and done something due to which people aren’t able to rejoin. Trump’s Twitter account is one of the most followed accounts. So, the declining number of followers is a concern for him.

The ex-chief executive of carmaker Volkswagen, Martin Winterkorn along with four other managers, has been charged in case of fraud in Germany about involvement in a diesel emissions scandal of the company. The public prosecutor in Braunschweig charged him with the fraud. Volkswagen cleared that it wouldn’t comment on this. In the US, Winterkorn is already facing criminal charges, but as Germany doesn’t extradite its citizens, he may not face the trial. In September 2015, 71-year-old Winterkorn resigned after the eruption of the scandal.

Prosecutors accused Winterkorn in a statement saying it is very serious fraud and a breach of competition laws. Prosecutors said that he should have alerted the car authorities and owners in the US and Europe regarding manipulating diesel emissions tests. He was also accused as he approved a “useless” software update which was designed to hide the actual reason for higher emission levels of the cars. He had admitted in September 2015 for the first time about using illegal software to cheat the emission tests in the US.

On about 600,000 vehicles that were sold in the US in the years 2009 to 2015, there were devices installed which let the vehicles perform much better during tests but not on roads later. It was done to millions of vehicles globally. These devices came to light after researchers at West Virginia University did a study on the emissions in the US. Later, investigations sparked for this scandal in Germany and other countries.

It wasn’t clear instantly if the four other accused managers were working at VW currently or had left the job. Winterkorn was given and had signed for the role of a “guarantor” of VW. It means he approved that the company didn’t sell cheating vehicles though he knew since May 2014 about the illegal manipulations. The prosecutors said that all this resulted in higher fines against VW AG Germany and the US as well. The shares of VW were a bit moved by all this. The bosses of VW are making massive promises about electrification of vehicles in the next decade, but the aftershocks from this scandal could seriously change the firm’s course.

If there’s one big issue which every worker in the USA faces then it’s hourly wage rate which they get from employers. However, there’s a piece of good news if you’re working for Bank of America or willing to in future because recently the executives said that they have decided to increase hourly wage rate of the bank to $20 over next two years. The company earlier said that they are going to pay an increased wage rate of $17 from May 1st to its employees. Bank of America currently employs more than 200000 people which means many people will be happy to see the salary getting increased with such a right margin.

Now many workers from different industries are protesting against the traditional system of paying wages to them because according to some group of workers to live a decent life they need a right paying scale also. Now without getting protest or anything Bank of America has surprised its employees with such a piece of great news. Recently CEO Brian Moynihan said that if you work for Bank Of America, then you will be earning at least $41000 per year. Currently, many big banking companies are trying to improve their position also that’s why they have come together to fix the issue of raising wage rate.

Banks earned a considerable amount of money in 2018 because of the massive cut of taxes done by Republicans. Since the 2007 financial crisis, the government is trying to improve situation and giving the right amount of subsidies in terms of tax benefits to banks. However, now since issue of raising wage rate has become national topic banks are also getting targeted by socialists politicians. JP Morgan Chase has already mentioned in its letters to shareholders that the company is willing to increase its wage rate which is good news for those who are working in banking sector.

The automobile industry is changing at a faster rate, and there are many companies which are trying to survive in this industry now because traditional way of making cars is getting obsolete. Ford who is one of the largest automobile companies in the world recently decided to build a new factory in Michigan for making automobile vehicles. Ford is trying to diversify its focus on building electric and autonomous cars which currently are in huge demand. This new facility will take upto two years to make since it will not be easy to develop and establish machines which will help to create automatic cars. Joe Hinrichs who is the president of Ford’s global operations said that the company would try to use this new facility to build new technology enables electric and self-driving cars which will be useful for customers.

This new facility is part of Ford’s plan to invest its $900 million into reshaping its manufacturing plant in Michigan. Project report shows that this new facility will create 923 jobs by the end of 2023. Currently, every major automobile sector company is trying to shift its focus from creating traditional cars to electric or automatic vehicles. Tesla which is one of the largest company in electric car industry is making a right amount of profit from the last two quarters, and now other companies are also trying to walk on Tesla’s path.

Some experts criticize CEO Jim Hackett for taking deliberate actions to shift the company’s focus into building autonomous cars. Ford has a plan of 2023 in which company will try to sell most of the electric vehicles and increase production of it also. A few months ago Ford announced its partnership with Volkswagen to build electric cars and now it seems like Tesla is undoubtedly going to get some severe competitors in future.

President Trump shared the third budget request to the Congress, demanding the financial cutting for the National Science Foundation. The National Science Foundation in the United States of America provides the funding to most of the non medical research programs and the agencies conducting the research. Also, he proposed the closure of the Energy Department program that funds speculative technologies, which are financially risky for private investors. The proposed budget cut is about $1 billion in the third budget request made by President Trump in Congress.

Not just the National Science Foundation, but the president has proposed a 1.4 percent budget cut for the National Aeronautics and Space Administration ( NASA ) than 2019 budget. The budget proposal for 2020 will have the $7.1 billion for the National Science Foundation than the $8.1 Billion allotted in 2019 budget. NSD provides a quarter of its funds to Federal grants for researchers in the field of engineering, mathematics, computer science, and social sciences. The contribution of the NSF is huge in the American Science industry, as 236 Nobel prizes were won by the researchers who got funded by the National Science Foundation in the United States of America. With the 12% Cut of $1 billion, the foundation will face severe problems with funding more science research projects.

The budget cut for NASA is severe as it does not provide sufficient money for its new space telescope WFIRST. The WFIRST telescope is being made for studying the dark matter by studying distant planets. Not just the science, but the National Institute for Health will be crippled after proposed Budget cuts are sanctioned. President Trump has offered $4.5 billion in budget cuts. With this proposal for 2020 Fiscal budget of the United States of America, the American Association for the Advancement of Science is quite angry with the decision and the proposal of budget cuts for science research.

The exhibitions of ‘Factory of the Living’ have been showing the effects of digital technology on biology and art. This exhibition was held at the Pompidou Center in Paris. There were two pieces of each and both were in collaboration with natural living organisms. These included a H.O.R.T.U.S. XL astaxanthin.g, which was from ecoLogicStudio (built using cyanobacteria), and an Urban Morphogenesis Lab’s XenoDerma (an Asian fawn tarantula).

XenoDerma shows the spider’s mind or the perception of the spider towards how it sees the world. Spider’s web is not only for trapping of food but also for its living, sleeping and protection. They are very sensitive to even the smallest vibrations or changes in their webs. These webs give us an idea about a new form of architecture.

Claudia Pasquero headed this project. The aim of this project was to gain a more “cosmological” idea about the urban structures and architecture by relating it to these creatures and showing how they are attuned to their space. It was a digital 3D presentation of the pieces. Transparent 3D printed cubes having different lattice structures were used to show how these creatures adjust in their spaces. These creators say that studying these structures will be helpful in giving insights into the construction of multi-headed cities.

H.O.R.T.U.S. XL Astaxanthin.g was about the 3D representation of the morphology of coral reefs. It was the first 3D printed structure of the team in which the photosynthetic cyanobacteria was injected. They are having 185 different components used in them and weigh up to 271 kilograms. This structure was designed in a way that the growth of organisms was maximized. Radiation exposure was optimized for this purpose.

The people who visit the exhibition will be allowed to freely move around the structure. They can observe and engage in the bio-digital landscape. The micro-organisms born in this structure will absorb the carbon dioxide thrown out by human beings and convert it into oxygen. Biomass is also created in this process which can be used for the production of bioplastic material. Both of these structures look beautiful and interactive.

When it comes to toys industry, many people know about some famous companies only like Mattel, Lego, Hasbro but very few know about Funko. Funko which is a toy making company has made lots of famous toys from last few years, and there’s a high probability that you must’ve seen Funko’s awesome toys of Marvel’s Avengers. Funko has made toys based on Star Wars character which were loved by all star wars fans. Also, the company has made some great toys based on real-life athletes from the NBA and NFL. Toys industry is getting lots of hit because of rising of high-end technology. Nowadays children are spending their time playing games on an electronic gadget. However, if we look into Funko’s financial statement, then it shows us a different side of the story.

According to reports the company managed to grow its third quarter’s revenue by more than 25 percent. The company hasn’t released its fourth-quarter earnings reports, but according to analysts it has managed to make more than 20% of last year’s revenue. Some analyst is predicting that this toy making company might provide more than doubled earning per share as compared to previous year. If we look into Funko’s stock then so far they have risen by more than 40%. However, since the company went public in 2012 shares of it has become volatile.

Funko was founded in 1998 whose motto is to provide deep tech nostalgia-themed toys. As of now, the company is doing fine in terms of sales and revenues, but still, overall it is still facing some uncertainties. Because many big companies from toy industry have reported a low amount of sales in previous quarter. However, the company’s official think they will get a boost in sale of their Pokémon based toys since a movie is coming based on famous Pokémon character Pikachu.

A company’s shares show positive or negative response when it releases its earnings reports, and soon Berkshire Hathaway is also going to release its Q4 earnings report. According to reports Warren Buffett who is known as Oracle of Omaha will give investors of Berkshire Hathaway a bright look at where the company is heading. One thing which every Berkshires is waiting to see the amount of buy back shares which Warren Buffett and Charlie Munger has acquired. In financial market buying back own company’s stock indicates lots of things because when a company is in a strong position, it opts for buyback option because indirectly it means the company is in sound financial position.

Now according to Wall Street experts amount of buy back shares is below 2 billion dollars but if number exceeds then Berkshires shares will lift up significantly. However, it could also mean that Warren Buffett and Charlie Munger thinks shares of Berkshire Hathaway’s are cheap. Currently, Berkshire Hathaway is valued at more than $500 billion, and if the company decided to buy back shares worth of $2 billion, then that won’t be considered as one of the significant buybacks. Because many banks recently did repurchase of more than 5 percent after paying a right amount of dividend. However, some experts think Berkshires might get shocked because company must’ve repurchased shares worth of more than 7-8 billion dollars.

Warren Buffet is famous for his value investing technique. If he and Charlie Munger decides to acquire that much amount of shares of their own company, then it will increase Berkshire’s stock prices. So far in 2019 Berkshire’s stock has gone up by only 1% as compared to the S&P 500’s 11.3% rise. Some investors are not satisfied with company’s performance in 2019, and they might want to see good results in upcoming months.

Softbank which is multinational Japanese company has recently decided to expand its portfolio and decided to invest $940 million in an autonomous grocery delivery startup Nuro. Nuro is an autonomous grocery delivery startup which is run by the former employees of Alphabet whose focus is to produce self-driving vehicles for delivery of local goods around the grocery stores. Previously the company received more than $92 million of revenues from Softbank, Gaorong capital and with this latest round of funding company’s valuation has touched to $2.7 billion benchmarks.

Nuro has been in this industry from last few years, and so far it has delivered the right amount of services by using its R1 vehicle. The R1 is a custom made a vehicle which has two compartments in it, and each compartment can carry six grocery bags which makes it unique. Autonomous delivery of goods might not sound right since many people will be sceptical about such technology, but it seems like Nuro is rightly using advance tech. Company’s officials said that from last few years they’ve successfully built a great team and now they’re ready to provide unmanned services to grocery stores.

Now since the company has got a tremendous amount of funding from Softbank, some experts are saying that they can now use that money to build more high tech vehicles and can even hire skilled employees. Even though the company hasn’t given its comment regarding its plans, it seems like this funding will help the company to explore more new opportunities. This funding has come from Softbank vision fund which is a portfolio of $100 billion through this fund Softbank invest in fast-growing startups. Softbank has already invested in many autonomous vehicle ventures which are trying to solve the modern world’s problems by creating some fascinating technology.