These figures gave Tesla; which produced 83,922 vehicles and delivered 76,230 cars and SUVs in 2016 according to CleanTechnica, an “Enterprise Value” of $58.58 billion on 6 December 5, 2017. Meanwhile Tata; which shipped 554,401 vehicles from just one subsidiary in 2016, had an enterprise value of $26.33 billion.Read more
The Union Pacific has a pretty bright future because it owns four rail lines that connect the Great Plains to the West Coast.
They include the original transcontinental rail line from Omaha, Nebraska to Oakland, California and the Southern Pacific line from Los Angeles to Houston. Shorter routes include the line from Salt Lake City to Los Angeles, and the Oregon shortcut from Pocatello, Idaho, to Portland, Oregon, and Seattle. Other key routes include a line from El Paso to Chicago, the line from Houston to Chicago, and the line from Denver to Salt Lake City.
These tracks put the Union Pacific in a great position to cash in on all the raw materials shipped from the West and Midwest to Pacific and Gulf Coast Ports. It is also in a good position to haul all the consumer goods shipped from China to U.S. ports.Read more
That means nearly 90% of the desktop computers in the world are running on Windows products. It also means that the rival operating systems are not even competitive with Microsoft’s offerings.
All of the Apple Mac OS 10 systems had a market share of 6.71% and Linux had a share of 2.98%. This means that Apple is not even big enough to be a niche player in this market. Even Linux, which is theoretically the biggest threat to Windows, is tiny.Read more
Although it is generating more cash, Discover reported a free cash flow of $1.494 billion on September 30, 2017. That was up from $1.271 billion in September 2016 and $1.116 billion in September 2015.
More importantly, cash from operations has grown dramatically at Discover. The company reported $4.876 billion in September 2017, up from $4.177 billion in September 2016. It also managed to make a lot of money from financing $4.276 billion in September 2017.Read more
Those who doubt that American stocks might be in a potentially catastrophic bubble need to take a look at the Kansas City Southern (NYSE: KSU). The railroad makes little money, yet its stock is dangerously overpriced.Read more
Okay, the elevator pitch for Waste Management sounds good, but does it make money? Yes, it does, but it has a hard time keeping that money.Read more
U.S. Patent Application 20170323294 for “a method for processing a guaranteed electronic transaction” specifically mentions the blockhain. Here is how it is described in the application:
“The present disclosure relates to the use of recorded guarantees for payment transactions for verification by acquiring institutions to facilitate instantaneous payment to a merchant involved in the payment transaction, specifically the use of a blockchain or other third party network for verification of a guarantee associated with the payment transaction.”
The applicant for the application; dated May 6, 2016, was MasterCard International Incorporated of Purchase, New York. Get the picture folks MasterCard is trying to create a blockchain-based solution for instantaneous payment.Read more
Larry Ellison’s formula for generating all that cash is the same as Warren Buffett’s: float.
If you are looking for a value stock in technology that can make a lot of money, Oracle is it. Just be aware of the serious threats that fast-developing technology poses to its’ lucrative business model.Read more
Her Majesty’s government just reclassified Uber drivers from contractors to employees, The Guardian reported. The Employment Appeal Tribunal rejected Uber’s argument that drivers are not employees because they do not work fixed work schedules.
This upends Uber’s business model because it would require the company to provide all the generous benefits, employees are entitled to under British law. That includes union representation and the high taxes that support Britain’s welfare state. Uber has been leaching off the UK’s welfare state because its’ drivers enjoy benefits like free healthcare from the National Health without paying for them.Read more
The potential of this are absolutely staggering. Just a few of the things Uncle Warren can do with all that cash include:
Buy America’s second largest grocer; Kroger (NYSE: KR), outright and still have $75.56 billion left in the bank. That’s amazing because Kroger reported revenues of $118.05 billion on 31 July 2017. Kroger had an enterprise value of $32.74 billion on November 10, 2017.