Becker Business Minute: Concise Business and Market News
Concise Business and Market News
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15 Stories We are Following this AM 1-26-23
In this episode Scott Becker discusses: Tesla reported record profit in Q4. IBM announced that it is cutting nearly 4,000 jobs. SAP also announced significant layoffs. Meta/Facebook which has seen less excitement and growth in their platform, reinstated President Trump’s Facebook accounts. Further in the Elon Musk watch, it’s being reported that he is raising equity to pay down some of the debt taken on to finance the Twitter acquisition. Microsoft is both investing heavily in ChatGPT and is reporting huge growth in its cyber security business which has grown to a $20 billion a year business. One good rule of thumb is don’t underestimate the engine that is Microsoft, or for that matter Apple. The 10 largest US firms by market cap The top 6 by revenues The markets finished flat yesterday after being down much of the day. Futures point up this morning. The 10 year treasury yield fell to 3.46%. Bitcoin rose to close to $23,000. Oil remains right around $81 a barrel. The 1 year treasury yield remains right at 4.67%.
Clarity of Goals – 2023
In this episode, Scott discusses how important it is for individuals to always come back to your core goals for long term success in business & in life.
Becker Business Minute Shoutout of the Day: Howard Kern, Recently Retired President & CEO, Sentara Healthcare 1-25-23
In this episode, Scott gives a shoutout to exemplary leader, Howard Kern, Recently Retired President & CEO of Sentara Healthcare.
Macroeconomic Trends & the Deal Flow Environment with Richard Kes, Partner at RSM, 1-25-23
This episode features regular guest, Richard Kes, Partner at RSM. Here, he discusses how macroeconomic factors are currently impacting the private equity deal flow environment.
When to Abandon a Product or Business Idea with Liz Hutson, Principal Consultant, Owner at EGH, LLC, 1-25-23
This episode features Liz Hutson, Principal Consultant, Owner at EGH, LLC. Here, she shares her thoughts on when it is appropriate to abandon either a product or business idea that isn’t working.
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