Yes, WWE lost $1.05 billion in one day
WWE’s woes cast doubt on the future of streaming video. Remember, WWE was a streaming video pioneer with its WWE Network.
Read MoreIn individuals, insanity is rare; but in groups, parties, nations and epochs, it is the rule. Friedrich Nietzsche
WWE’s woes cast doubt on the future of streaming video. Remember, WWE was a streaming video pioneer with its WWE Network.
Read MoreMany people will think Slack Technologies Inc. (NYSE: WORK) is a value investment because of its low price.
Read MoreToday, 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 MoreInterestingly, 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 MoreFrighteningly, 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 MoreMoreover, 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 MoreHowever, 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 MoreStrangely, Epic Games’ Battle Royale Shooter game sensation Fortnite could be partially responsible for WWE’s ratings woes.
Read MoreThus we can safely describe JC Penney as a zombie of the retail apocalypse. Conversely, JC Penney is a zombie that makes money.
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