Mr. Market is missing one of the biggest news stories of the century, the Retail Apocalypse. The price of manyRead more
Thus, Airbnb shares are trading for less than the initial public offering (IPO) price. Mr. Market has lost his faith in Airbnb, possibly because of the recent COVID-19 spikes in countries such as Japan and India.Read more
In theory, Discovery’s networks and apps can attract an enormous number of eyeballs. However, the value of those eyeballs is questionable.Read more
Unfortunately, the reason Dollar General lacks competition in those places is that other retailers think they cannot make money in those places. In fact, Dollar General opens in places where Walmart (WMT) fears to go. Moreover, I have to wonder how many of the inflated Dollar General mortgagees are on stores in slums, or depressed small towns.Read more
Thus, Hilton is losing money as its revenues shrink. Mr. Market, however, has not noticed.Read more
Pioneer Natural Resources (PXD) is growing. Pioneer will pay $6.4 billion to acquire DoublePoint Energy, The Houston Chronicle reports. The company will trade 27.2 million shares of its common stock, $1 billion in cash, and take on $900 million in debt to get 89% of DoublePoint.Read more
When they are operating, movie theaters can make enormous amounts of money. By the Numbers estimates the US box office at $11.255 billion for 2020. However, that box office fell to $2.051 billion in 2020, but the US Box office rose to $966.033 million in 2021.Read more
The APA Corp’s (APA) business is in trouble because coronavirus devastated transportation.Read more
I suspect Dick’s Sporting Goods’ (DKS) revenues grew because the company sells products people use alone.Read more
I think the Fox News viewership loss could be fatal because of the strategy at Fox Corporation (FOX).
Unlike its rivals; such as Disney (DIS), AT&T (T), and Comcast (CMCSA), Fox left entertainment.