Archive

The coronavirus pandemic has altered nearly every industry... The sports industry is certainly no exception. Professional leagues suspended games for months, and fans still aren't allowed in most stadiums... both in the U.S. and internationally. But as market-research firm PitchBook explained in late July, this financial pressure might be providing private-equity ("PE") investors with an […]

• MSGS

Many students are taking online classes for the first time this year...  With 15 of the biggest 20 public school districts starting online this fall, children are being forced to adapt to a new learning environment.  This shift could potentially cause students to lose ground in their learning. The most obvious effect of online or […]

• LRN

At Valens Research – the firm that powers Altimetry – we have a close relationship with MBO Partners... MBO is a consulting firm for independent professionals and companies looking to match up. Just recently, we had a conversation with the company's leadership about economist Ronald Coase's "Theory of the Firm." This theory states that companies […]

• BA
• INTC
• LMT
• LYFT
• TSM
• UBER
• UPWK

No industry has fully avoided adapting to the pandemic... Even the traditionally boring trucking industry has been disrupted. Many of these carriers saw business crater during the initial shutdown. However, demand bounced back due to a surge in online orders, which overloaded logistics organizations. In the trucking industry, "last-mile transportation" has changed the most during […]

• PZZA
• R

It's difficult to quantify how fast economies inflect positively and negatively... This is why people are constantly chasing new indicators to gauge economic activity... especially in the current environment, where things are changing so quickly and the drivers are so unique. Some experts have been studying Alphabet's (GOOGL) Google search trends or different topics. We've […]

• AAPL
• GOOGL

The coronavirus pandemic is altering the grocery industry... In a recent Wall Street Journal interview, Whole Foods CEO John Mackey explained that since the crisis began, consumers have been ordering more groceries online. Customers have also been making more bulk purchases, and Mackey noted that folks haven't spent as much time lingering in Whole Foods' […]

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• KR
• UNFI

There's a reason we rarely write about oil and gas companies here at Altimetry... They're generally poorly performing businesses that operate in a cyclical industry. These companies are also tied closely to the volatile price of oil. Energy stocks have underperformed the market for nearly a decade... and the energy sector is now the smallest […]

• DIS
• KO
• SD
• TM
• TSLA
• WMT
• XOM

In the midst of the coronavirus pandemic, Apollo Global Management (APO) has been on a deal-making spree...  The global alternative-investment manager understands the massive need for liquidity during this crisis. As we've said repeatedly here at Altimetry Daily Authority, stay-at-home orders have crushed demand... so companies are looking to shore up their balance sheets. Apollo […]

• APO
• BKNG
• EXPE

Earlier this month, we highlighted a conversation with a first-hand expert in the travel industry... Our friend had told us how more people are booking stays in places with kitchenettes or places to cook in when they travel. This way, folks feel more like they could "live" where they're vacationing. And as The Economist recently […]

• HLT
• MAR
• WH

For years, investors have credited share buybacks with aiding market rallies... However, as the Financial Times reported last month, repurchases have been cut in half for S&P 500 companies since the beginning of the coronavirus pandemic. Management teams were worried about a potential liquidity crunch in March... so to save cash, many of them paused […]

• TDY