Gadgets, lab surprises, odd bets, and future-shocks from this slice of the calendar.
The Sounds of
Popular recordings and roots/country selections associated with the year
HEADLINES ON May 12, 1990
Full News Archive
- Headline: Hippie Daye: A Quest for Lost Love. Impact: If this aging hippie had found his lost girlfriend, we might have seen a resurgence of peace rallies that could have distracted world leaders from launching questionable wars. Instead, the lack of grooviness led to decades of 'adulting' and the rise of corporate coffee culture. Thanks for nothing, lost girlfriend!. Fact: The term 'hippie' was originally coined to describe someone who was 'hip' to the new cultural movements, but it quickly evolved into a label for anyone wearing tie-dye and smelling like patchouli..
- Headline: Blackstone Acquires Majority Stake in Lodging Chains. Impact: This deal marked the beginning of a long-standing tradition of large corporations gobbling up smaller ones like they were at an all-you-can-eat buffet. Little did they know, it would set the stage for more hotel chains than anyone could ever need, leading to the invention of the 'staycation' as a desperate escape from corporate monotony.. Fact: Howard Johnson's was once the largest restaurant chain in the U.S. before it became known more for its ice cream and mediocre motels. Who knew that subpar dining could lead to such a legacy?.
Wall Street Time Machine
MSFT
Microsoft
Microsoft - If you invested $1,000 in 1990, it would be worth $1,285,532 today (1285.5x return)
AAPL
Apple
Apple - If you invested $1,000 in 1990, it would be worth $1,043,076 today (1043.1x return)