Strangely, Wayfair is growing and losing money at the same time. For instance, Wayfair reported a quarterly revenue growth rate of 25.79% on 31 December 2019.Read more
WWE’s woes cast doubt on the future of streaming video. Remember, WWE was a streaming video pioneer with its WWE Network.Read more
Many people will think Slack Technologies Inc. (NYSE: WORK) is a value investment because of its low price.Read more
Today, however, nobody is afraid of GE. General Electric (NYSE: GE) stock; for example, was trading at $11.29 on 27 November 2019. Meanwhile, Mr. Market gave GE a $98.602 billion market capitalization on the same day.Read more
Interestingly, Mr. Market seems to buy the value argument for Ross. In fact, Ross’s share price rose from $107.50 on 4 October 2019 to $111.93 on 14 October 2019.Read more
Frighteningly, incomes for some groups are far lower. For instance, the Average Household Income for African-American families was $40,496 in 2018, data from Black Demographics indicates.Read more
Moreover, Zephoria notes, “as of March 2019, “Snapchat reached 90 percent of all 13-24-year-olds and 75 percent of all 13-34-year-olds in the U.S.” Additionally, Zephoria calculates Snapchat had 60 million active users in Europe and 79 daily active users in North America in 1st Quarter 2019.
Hence, Snap (NYSE: SNAP) has a low share price; yet its social network reaches advertisers’ most sought after consumers. Advertisers like the under-34 crowd because they are more likely to change brands. Moreover, today’s 25-year-old club girl is tomorrow’s soccer mom; and household shopper, and she is using Snapchat.
On the junk side, Goldcorp had a Market Capitalization of $26.179 billion on 30 May 2019. However, some people will view Newmont as a bargain because of the low price. Correspondingly, Newmont Goldcorp reported a gross profit of $825 million, an operating income of $288 million, and a net income of $87 million on 30 March 2019.Read more
However, General Motors could invest up to $1 billion in its truck and van factory in Wentzville, Missouri, The Detroit Free-Press reports. In addition, GM plans to develop an electric-powered pickup truck, The Detroit News reveals.Read more
Strangely, Epic Games’ Battle Royale Shooter game sensation Fortnite could be partially responsible for WWE’s ratings woes.Read more