Brydris

We’re Not Getting an Apple Car?

Apple has just announced that the project for making an electric vehicle has been canceled and will be moving the people who has worked on the project and redirect them into other sectors in the business focusing on A.I technology at Apple.

Frankly, this is probably good for Apple to continuously expand its reach of Apple car play where it can reach any vehicle and will benefit drivers who are Apple fans.

Apple has many products that they sell to the consumers and might have exhausted its resources from the making of the Apple Vision Pro and that they might be limited to the Apple car. It would make sense that Apple doesn’t have the resources to continue on the project.

They also said that they would like to have the Apple Car to be almost carbon free to save the planet. But as they use up resources for the production of the vehicle project, it would actually make it worse because of how much resources it would take up, such as electricity and the shipping of vehicles. Whereas, if you ship just smartphones and earbuds would make a better return on investment when shipping through freight.

I would like to give a shout-out to a small time business that’s killing it right now and that is Lunari Home. They sell a bunch of crystals from small to big and they price their crystals pretty fairly considering the current market conditions.

Rei who works over at Lunari Home has mentioned to me that generally the price of these crystals will go up in value over time so any one of your purchases will most likely go up and worth your investment. As the beautifully crafted rocks are getting more scarce the price of these rocks will surely increase.

Don’t wait any further and buy your piece today at lunarihome.com

Macy’s Strategic Approach in Business

Macy’s has just announced that it will be closing 150 stores throughout the U.S, closing 50 by the end of this year and it will boost 3 things in the business. It would grow their luxury brands, make its operation model more seamless, and also to improve customer experiences at the store.

Macy’s has also planned to open more locations for Bloomingdale department stores as well as BlueMercury stores.

The owners over at Macy’s has rejected an offer to buy out the company for $5.8 billion and believes that the luxury brand is undervalued and should account for more.

Not only that but 2 months ago they announced that they will be cutting down the workforce by about 3.5 percent or about 2000 workers.

Beyond Meat’s Spike in Share Price

After reporting the Q4 of 2023 earnings report, the stock for Beyond Meat has soared to a staggering 44% in pre-market and its looking pretty good for the company, even momentarily.

Since the start of the year, its share price has increased 33.5%. Noticeably, the company’s stock price has been very volatile since the last year and it had 53 moves above 5%.

It doesn’t seem like Beyond Meat is going to be revolutionary when it comes to a meat alternatives as more and more people are consuming more actual meat products rather than the plant based. And I don’t see it anytime soon as the meat industry is continuously making more and more money for industrial meat plants, farmers , and restaurants.

There are some plant based products that supplement their cravings for certain foods and some plant-based products just doesn’t cut it as it just tastes different or just different in general.

Still, Beyond Meat should still continue to produce more of these products as more and more people will start to adapt to save animals from being slaughtered or have a better healthier option than buying red meats that affect people’s health.