UPS (NYSE: UPS)is a profitable company threatened by its principal customer Amazon (NASDAQ: AMZN). Notably, UPS (NYSE: UPS) reports aRead more
Moreover, GM proves monopolies are as a big threat to taxpayers as consumers. Monopolies hurt consumers by stifling choice and taxpayers by requiring Big Bailouts to survive.
The General Motors catastrophe shows why America needs a new conversation about monopolization. Moreover, General Motors shows why America needs an aggressive anti-trust policy to break up the big new monopolies.
First, we must ask why no Republican leaders are condemning voter suppression and demanding the party stop the practice. Second, we must ask why “moderate” Republicans; like Arnold Schwarzenegger, and supposedly “principled conservatives” like U.S. Senator Jeff Flake (R-Arizona) and the Bush Brothers, are silent about the issue.
Third, we must ask why white Democratic leaders have been silent about voter suppression. Why have people like Hillary Clinton, her husband Bill, former Vice President Joe Biden, U.S. Rep Nancy Pelosi (D-California), and others been silent?
Fourth, we must ask if racism is motivating political leaders on both sides of the aisle. Are both “conservative Republicans” and “progressive Democrats” afraid of people of color voting?
Fifth, we must ask why African American leaders like former President Barrack Obama (D-Illinois), Oprah, and former Attorney General Eric Halder have been silent about voter suppression. Why are these supposed champions of civil rights afraid to defend such a fundamental right?
Finally, we must ask why the big national media ignored voter suppression for so long. Evidence of widespread voter suppression in Wisconsin surfaced immediately after the 2016 election, yet the “investigative journalists” from the national media were missing in action.
For instance, outlets like CBS, CNN, and Fox refuse to run more than a handful of stories on voter suppression. Considering all the print and airtime devoted to the questionable Russia investigation, the motivations of the media leaders are suspect.
Are decisions in New York’s editorial offices and executive suites motivated by racism? Is the white media establishment in New York in favor of voter suppression?Read more
Red Hat (NYSE: RHT) will bring a lot of value to International Business Machines.
For example, Red Hat possesses the world’s largest portfolio of open-source technology, Forbes contributor Panos Mourdoukoutas claims. Moreover, Red Hat operates an innovative hybrid cloud platform.
To add icing to the cake, Red Hat is well-respected in the open-sourced developer community. Thus, IBM gets access to a large pool of experienced open-sourced developers to extend its software reach.
For instance, IBM could utilize those developers in its work with blockchain projects like the Hyperledger. Beyond that Red Hat claims its Enterprise Linux delivers a 348% return on investment, 68% less downtime, and 26% faster development times. I doubt those claims, but they demonstrate the potential of Red Hat’s technology.Read more
Musk claims Tesla will release “the world’s most advanced computer for autonomous driving” in six months.
Moreover, Tesla is developing its own artificial intelligence (AI) chips to compete with those of NVIDIA (NASDAQ: NVDA), Electrek claims. Therefore, Tesla plans to enter the chip business.
In addition, Tesla hired one of the biggest chip architects in the business; Jim Keller, in 2018. Hence, Tesla’s value could increase because NVIDIA is one of the most profitable companies in Silicon Valley.Read more
To explain, Commonwealth Fusion Systems (CFS) appears on a list of companies Gates’ hedge fund Breakthrough Energy Ventures (BEV) is investing in, Quartz reveals. Importantly, Commonwealth claims it can commercialize hot nuclear fusion within 15 years.
The first goal at CFS is to build a tokamak fusion reactor capable of generating 100 Megawatts (MW) of electricity, a press release reveals. In detail, 100 MW is enough juice to power a city of 100,000 people or the size of Boulder, Colorado.Read more
Money rather than moral outrage is the probable motivation for the lawsuits. Exxon-Mobil’s (XOM) financial numbers indicate the company is generating a lot of money.
For example, Exxon-Mobil reports a free cash flow of $2.853 billion; and an operating cash flow of $7.78 billion, for 2nd Quarter 2018. Moreover, Exxon-Mobil earned a $23.799 billion gross profit on $73.501 billion in revenues during the 2nd Quarter.
Exxon-Mobile received a $3.95 billion net income and a $6.659 billion in operating income in 2nd Quarter 2018. However, Exxon-Mobile had only $3.43 billion in cash and short-term investments on June 30, 2018.
Therefore, Exxon-Mobil is not making that much money for a company that generated $244.363 billion in revenue in 2017. Exxon-Mobil generates a lot of revenues but it does not keep that much money in the bank.
Another problem is that Exxon-Mobil’s high revenue growth (26.56% in 2nd Quarter 2018) is not translating into cash. The return on Exxon-Mobil’s revenues is low.Read more
Even if it didn’t sell another item, Amazon (NASDAQ: AMZN) would remain one of the largest and most important globalRead more
In particular, Harris is trying to buy the votes of middle class soccer moms – who will decide the 2020 presidential election. If Harris’s proposal is successful it will dramatically change the American electorate and shift the balance of political power to the left.Read more
Like Volkswagen AG (OTC: VLKAY); and Toyota Motor (NYSE: TM), Ford Motor (NYSE: F) is hedging its bet on electric.
For example, Ford unveiled several impressive gasoline-powered vehicles at the Detroit Auto Show. Those models included the Mustang Bullitt (inspired by the 1968 Steve McQueen car chase movie), a 2019 Ranger, and the Edge ST.
In addition, Toyota is still investing heavily in hydrogen-fuel cell technology despite an electric push. For example, Toyota is marketing the fuel-cell powered Mirai sedan and testing two hydrogen-powered semi tractors at the Port of Los Angeles.