What can Jeff Bezos do with $130 Billion?
Amazon CEO Jeff Bezos was worth $129.9 billion on 15 February 2020, Forbes estimates. Consequently, Bezos is the world’s richest man
Read MoreIn individuals, insanity is rare; but in groups, parties, nations and epochs, it is the rule. Friedrich Nietzsche
Amazon CEO Jeff Bezos was worth $129.9 billion on 15 February 2020, Forbes estimates. Consequently, Bezos is the world’s richest man
Read MoreTherefore, Amazon could buy Macy’s (NYSE: M); America’s largest department store operator for cash and have over $50 billion left. Mr. Market gave Macy’s a $5.016 billion Market Capitalization on 10 February 2020.
Read MoreIn fact, Costco claims to have 60 warehouses that exceeded $250 million in annual sales, Investopedia reports. Additionally, Costco claims to have two warehouses that generate annual sales of $400 million.
Read MoreMicrosoft is a far better candidate for FAANG membership than Netflix.
Read MoreDiscount department store operator TJX’s share price grew by 0.37%; or 22₵, to $59.39 by midday on 25 November 2019. Discount legend Target’s stock went from $110.47 on 19 November 2019 to $125.29 on 25 November 2019. Thus Target shares grew by $14.82 in less than a week.
Read MoreSome Amazon customers can pay utility bills using Amazon Pay with the help of Fintech firm Paymentus’s Instant Payment Network (IPN), MarketWatch reports. Amazon claims customers in 95% of US ZIP codes could pay utility bills with Amazon Pay by 2020.
Read MoreTherefore, Clorox is a value trap you need to avoid. I define a value trap as a stock that meets some value criteria but no cash. Hence, that stock could succumb to the death spiral. The death spiral occurs when a company does not generate enough cash to pay its debts.
Read MoreThus you could buy over four shares of NAMPOF for the cost of one unit of FAANG. To elaborate, $876.46 multiplied by four is $3,543.80. Meanwhile the combined cost of FAANG was $3,779.46 on 13 September 2019.
Read MoreOne of the few ways, Target can fight Amazon is to recruit allies. Predictably, Target is partnering with Disney (NYSE: DIS) for an anti-Amazon offensive.
Read MoreEssentially, Scout is a box on six wheels that hauls merchandise from a van to your home. An Amazon video shows Scout pulling up to a house and a customer opening the box and retrieving packages. Thus, a good way to think of Scout is as a storage locker on six wheels.
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