Wednesday, May 4th 2022
“The world forgets easily, too easily, what it does not like to remember.” ― Jacob Riis
The below content and projections are the opinion of the authors. Any conclusions or takeaways are their own. This should not be considered as investment advice. Investing involves the risk of loss and returns are not guaranteed.
1) Meta plans rollout of four VR headsets by 2024 as hardware push accompanies metaverse ambitions
Titan’s Takeaway: Product roadmaps are always subject to review and delays, but this aggressive timeline tracks with the focus on the metaverse and related products we heard from Meta management last week. Hardware, of course, is quite a different business from the ads model that built Meta into one of the biggest companies in the world, but this clarity will likely be welcomed by investors after a few challenging quarters.
2) Job openings and job quits hit records as labor market remains robust amid economic re-opening
Titan’s Takeaway: First quarter data may have shown a slowdown in economic growth, but the labor market still appears to be undersupplied, a positive sign for the income and spending prospects of consumers in the months ahead. We’ll keep close tabs on this Friday’s jobs report, which is expected to show nearly 400,000 new jobs were created in April, for more clarity around these trends.
3) Uber partners with Tesco to accelerate U.K. high-speed delivery plans amid push into new categories
Titan’s Takeaway: High-speed grocery delivery has been the latest innovation in the delivery space, and we’re encouraged to see Uber leverage its partner network to make inroads in this nascent business line. This type of partnership falls under Uber’s “New Verticals” business, which had its best-ever month at the end of Q4.
Learn with titan
Become the smartest investor you've ever been through straightforward, easy-to-read investment articles.
Refer to Titan's Program Brochure for more information. Certain investments are not suitable for all investors. Before investing, consider your investment objectives and Titan’s fees. The rate of return on investments can vary widely over time, especially for long term investments. Investment losses are possible, including the potential loss of all amounts invested. The introducing Broker Dealer is Titan Global Technologies LLC, a registered broker-dealer and member FINRA/SIPC. Brokerage services are provided to Titan Clients by Apex Clearing, an SEC registered broker-dealer and member FINRA/SIPC. For more information, see our disclosures. Contact: 508 LaGuardia Place NY, NY 10012. Information provided by Titan Support is for informational and general educational purposes only and is not investment or financial advice.
© Copyright 2022 Titan Global Capital Management, Inc. All Rights Reserved.