Winner or loser? Tesla, which is trading at almost six times revenue. The brand's biggest innovation is not its electric engine, but its proximity to the consumer.
Winner: Brands mining data about users' digital behavior to create physical products. Based on data gleaned from their apps, Airbnb just launched a print magazine and transit app Citymapper is launching its own bus service.
Winner: Apple, the first company in the US to cross an $800 billion market capitalization. Here's what Apple should do with all that cash.
Loser: Every apparel brand blaming Amazon for its woes. Fast fashion is just as responsible for retail's decline.
(0:08) Yahoo Finance.
(0:12) “Tesla Surpasses Ford As Stock Zooms to Record,” MarketWatch, April 2017. http://on.mktw.net/2oR4muk
(0:38) “Tesla Spends Just $6 Per Car In Advertising,” Teslarati, July 2016. http://bit.ly/2e75Fph
(0:38) AdAge Datacenter.
(0:50) “Airbnb Teams With Hearst on Magazine Guided by Travel Site’s Data,” The Wall Street Journal, May 2017. http://on.wsj.com/2pcbPVp
(1:08) “Introducing the Citymapper Smartbus,” Citymapper, 2017. http://bit.ly/2pwaZSE
(1:14) “London’s Pop-Up Bus,” YouTube, May 2017. http://bit.ly/2rj9Oej
(1:25) Y Charts, May 16, 2017.
(1:28) “Apple's Cash Hoard Swells To Record $246.09 Billion,” CNBC, January 2017. http://cnb.cx/2oOnThR
(1:29) “Denmark GDP and Economic Data,” Global Finance, May 2017. http://bit.ly/2rwjNdq
(1:49) “Do You Hear That? It Might Be the Growing Sounds of Pocketbooks Snapping Shut and the Chickens Coming Home,” AEIdeas, August 2016. http://bit.ly/2bFOVib
(1:49) Irrational Exuberance, Robert Shiller. http://amzn.to/2o98DZE
(2:12) “Amazon Struts Its Fashion Ambitions — Department Stores Notice,” The Seattle Times, May 2016. http://bit.ly/1sqFawD
(2:25) CNBC, August 2016.