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Retain.ai 23m Series Emergence Capitalwiggersventurebeat

Fidelity’s latest research shows that Twitter, Goldman Sachs and Microsoft are the fastest growing companies in the world. That is because these three companies have been able to develop an audience, generate interest, and build partnerships with the rest of the market. They have also been able to capitalize on the recent growth of apps such as TikTok and Instagram.

Twitter

Dan Primack, editor of Axios, recently weighed in on Fidelity Investments’ stock performance. Specifically, he remarked on the company’s ability to make the biggest misstep in its history. It was in the middle of a run of bad luck for the company that saw its stock price drop by more than a third. In the end, it wasn’t just Fidelity that suffered; its counterparts in the venture capital space were hit hard.

As a result, the company’s largest shareholder has cut back on its investment, slashing its stake by more than half. The good news is that Fidelity has taken some of the credit, reducing its Twitter participation by nearly a third. However, as with many startups, the company has a lot of work to do before it can recoup its losses. This includes the interest payments on a $1 billion debt note.

IPOs at a 32-year low

The IPO market is set to see its worst year since 1990. Several mega IPOs have been postponed or scrapped in the first half of the year, and many more are slated to go on the block later. It’s estimated that 2022 will see a drop in IPO proceeds of up to 99%.

Many investors are hesitant to participate in new transactions due to a lack of confidence in IPO firms. This information asymmetry creates a crash risk, especially for new firms. Luckily, the traditional IPO market is starting to turn around.

However, the IPO market in the Americas was hit hard in the second quarter. After hitting a 13-year high in Q1 2021, IPO activity declined 82.5% to $9 billion in the second quarter.

Microsoft

The acquisition of Activision Blizzard by Microsoft would add a couple of well known video game franchises to the company’s portfolio, including World of Warcraft and Call of Duty Warzone. However, the deal has drawn a lot of criticism because of the hefty price tag. And while the deal does add some new blood to the Microsoft arsenal, it also raises some troubling questions about how it would affect the Microsoft’s culture, its employees and customers. In addition, the pending merger raises some interesting privacy concerns.

Aside from the obvious concerns, the deal could spell the end of an era for some of Microsoft’s long time partners, like Facebook and Google. For example, Google would be forced to pay for the rights to the upcoming Xbox One X console, while Facebook would have to fork over millions of dollars to purchase Windows 10. That said, if the deal goes through, it will be Microsoft’s first true foray into the gaming market, and the company’s first foray into the console space in over a decade.

TikTok

Fidelity has launched a TikTok account and plans to create a variety of content for young investors. The company’s goal is to establish a lifetime customer relationship with younger investors. Since June, the firm has started posting investment-themed videos on the app. According to a spokesperson, the company has a goal of creating content that is accessible to both millennials and Generation Z. To help reach this goal, Fidelity has worked with a number of social media influencers to create a series of videos aimed at younger consumers. These include Mark Tilbury, Humphrey Yang, and Tori Dunlap.

A spokesperson for Fidelity says the company has been working with these social media influencers to educate young investors about the basics of financial investing. This includes creating a series on TikTok called “Money Kitchen.” In this series, the firm uses food metaphors to help explain complex financial topics. For example, it uses pizza slices to explain budgeting, and burritos to illustrate diversification.

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