second-largest gold producer worldwide in 2020 with a production of 4.84 million troy ounces, Elements estimates. Yet Mr. Market paid $22.31 for Barrick on 29 April 2022.Read more
Conversely, Uber reported a quarterly gross profit of $1.165 billion on 31 December 2020, that grew to $1.881 billion on 31 December 2021. Yet Uber experienced substantial growth in 2021. For example, Uber’s quarterly revenues grew from $3.165 billion on 31 December 2020 to $5.778 billion on 31 December 2021.Read more
Hence, Netflix (NASDAQ: NFLX) is making less money. However, Netflix’s quarterly revenues grew from $6.644 billion on 31 December 2020 to $7.709 billion on 31 December 2021.Read more
Though the cheaper cost is an obvious advantage to buying a used car, there are actually a variety of different benefits to opting for an older model as your next vehicle purchase.Read more
Recode’s Rebecca Heilweil speculates Etsy’s management is trying to market to Generation Z (people under 30) through Depop. Statistics support Heilweil’s argument, Statista estimates 48.8% of Depop’s US active users are between 20 and 29.Read more
Thus, Wells Fargo serves middle America and ordinary Americans. If ordinary Americans suffer, Wells Fargo suffers. So how is Wells Fargo doing? After all, many Americans are suffering because of the COVID-19 pandemic and economic downturn.
Therefore, the loss of housing units to abandonment, demolition, and decay could exceed the rate of construction. In other words, Americans abandon or demolish more homes than they build. Hence the housing deficit.
I think Capri Holdings investors bet that income inequality will grow. Recent data shows income inequality growth is a safe bet.
I think one of Equinix’s profit centers is its Interconnection services. An interconnection is the physical integration of a carrier’s network with equipment and facilities outside the network. For example, the connection between Netflix’s servers and the cloud.Read more
During the 20th Century, DuPont developed many revolutionary products. Those products include; Cellophane, Nylon, Mylar, Tedlar, Tyvek, Kevlar, Nomex, Styrofoam, and Thermax. Hence, DuPont makes many of the building blocks of modern civilization.