Short excerpts from articles I found interesting.
I may not agree with the author and the following material is not intended as investment advice
Business – WMU Haworth College of Business – Cats and Wine – The Purrfect Pair
- “Imagine this. It’s the end of the day, and you head home to prepare dinner and relax. You pour yourself a glass of wine and also pour one for your cat. Yes, for your cat. This isn’t a daydream. It is possible with products from Apollo Peak, a pet-centric brand created by Brandon Zavala, B.S. ’07, MBA ’12.
- “…I wanted to design something that was not only fun but interactive for pets and their owners,” he says. “Making a product that resembled wine would help me achieve this goal by marketing to pet owners who wanted to socially interact with their pets at home.”
- Apollo Peak products are non-alcoholic beverages made from all-natural and organic ingredients such as herbs and beets and natural preservatives such as sea salt. Some of the products even contain catnip, which when ingested can relax cats.…four variations of cat wine and three variations of dog wine – including, MosCato, CharDognay and ZinfanTail…
- “…The major market indices finished mixed this week. The Dow Jones Industrial Average gained 0.53 percent. The S&P 500 Stock Index 0.06 percent, while the Nasdaq Composite fell 0.90 percent. The Russell 2000 small capitalization index lost 1.05 percent this week…The 10-year Treasury bond yield fell 4 basis points to 2.15 percent.”
- “…Amazon.com is buying Whole Foods Market in a deal that shocked the grocery industry and set analysts speculating about the next move in a huge sector that Amazon has been trying to crack for a decade. The purchase gives the e-commerce giant, which has been experimenting with various physical grocery concepts and online food delivery, an instant footprint of 460 high-end brick-and-mortar stores across the U.S., in Canada and in the U.K.”
The Wall Street Journal – June 17 - 18, 2017 – Amazon is Leading Tech’s Takeover of America – by Christopher Mims
- “…Amazon ’s just-announced $13.7 billion bid to acquire Whole Foods is just the most extreme example of a larger, more consequential phenomenon: America’s biggest tech companies are spreading their tentacles, pushing into complementary businesses in a play to sustain growth as they saturate the market for their existing goods. Led by hard-charging executives, these companies are fueled by classic ambition—combined with the almost messianic attitude of those in Silicon Valley that tech can fix every industry on Earth.
- “…Think about it: Apple, a computer company that became a phone company, is now working on self-driving cars, original TV programming and augmented reality, while pushing into payments territory previously controlled by banks, moves that could make it the first trillion-dollar company in the world. Facebook , still seen by some as a baby-pictures-and-birthday-reminders company, is creating drones, virtual-reality hardware, original TV shows, even telepathic brain-computer interfaces. Google parent Alphabet Inc., still largely an ad company with a search engine, built Android, which now runs more personal computing devices than any other software on Earth. It ate the maps industry; it’s working on internet-beaming balloons, energy-harvesting kites, and ways to extend the human lifespan. It’s also arguably the leader in self-driving tech…”