List of top 20 companies by market capitalisation, July 2020. Market capitalisation= number of outstanding shares * price per share. Apple Inc $1.65T. Microsoft Inc $1.61T. Amazon.com Inc $1.54T. Alphabet Inc $1.02T. Alibaba Group Holding Ltd $721B. Facebook Inc $694B. Tencent Holding Ltd $685B Berkshire Hathaway $440B. Visa Inc $415B. Johnson & Johnson Inc $377B. […]

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Microsoft closed all physical stores

A few days ago Microsoft Corp announced about new approach to retail business. Total 83 of Microsoft Store physical locations will be closed and company will be focused on it’s digital storefronts. Because of this news , shares of Microsoft fell 2% and it will result in pre-tax charge of approximately $450 million (primarily asset […]

The RealReal luxury resell business details

The RealReal is online & offline marketplace for authenticated consigned luxury goods (apparel, handbags, shoes, jewelry, art pieces, etc). Company revolutionized luxury resale business by providing trusted end-to-end service around the globe. Company established in 2011, successfully achieved IPO in 2019 but still in loss making stage. The IPO offering price of common stock is […]