Apple (AAPL) found itself in hot water this week after allegations arose that its iCloud servers had been hacked. The breach targeted celebrity photo streams and ultimately resulted in nude photos of celebrities, including Kate Upton and Jennifer Lawrence, being leaked to the public. As has been reported, all photos were stolen directly from celebrity iCloud accounts after having been transferred from mobile devices.
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The King Of Fast Food
This week, one of America’s most popular fast food chains, Burger King (BKW), completed its acquisition of Tim Hortons (THI), an iconic Canadian restaurant establishment. The result is the creation of the third largest quick service restaurant company in the world.
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The Social Media Revolution
Over the last six years, companies like Facebook (FB) and Twitter (TWTR) have risen to the forefront of the social media revolution, along with their stock prices. These companies are praised for their seemingly limitless pools of innovation and young talent; yet, what most investors and analysts fail to recognize is that these companies would be seemingly irrelevant if not for the rise of mobile applications.
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Tesla's Model E Concept
When one thinks of Tesla (TSLA), he likely envisions luxury electronic cars. Tesla's early Roadster concept and Model S are extremely popular, highly demanded, and super expensive machines (the Model S is the only car with a resale value above its initial purchase price). Thus, it's no secret that Tesla caters to a wealthy clientele.
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Apple's New Watch
Apple (AAPL) has a lot riding on its upcoming fall product releases. Both a new iPhone and smart watch will likely be announced in the coming months; specifically, Apple will address release specs for the iPhone 6 on September 9th. In the week prior, I outlined what consumers should, logically, expect from the highly anticipated iPhone 6 launch.
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Orca's Sink SeaWorld
SeaWorld Entertainment Inc. (SEAS) is facing a whale (technically, an orca) of a problem. Since the 2013 release of the documentary “Blackfish,” which targeted SeaWorld theme parks, claiming that undersized orca enclosures promoted aggressive behavior (which led to the deaths of many trainers), the company’s stock has literally been sinking.
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Lululemon's Tight Squeeze
Lululemon (LULU) founder Dennis “Chip” Wilson is no stranger to controversy. In fact, the man who founded the yoga pants retailer has been berated by the public for comments he's made about Lululemon customers and board members. Thus, in an effort to patch his tense relationship with Lululemon's board of directors, and shareholders, Wilson agreed to sell roughly half of his 28% stake in the company.
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