His shares of the company, a meme stock that has soared despite the company generating almost no revenue, are valued at more than $3 billion.
When stocks can become called "meme stocks" they cease to have actual value.
His shares of the company, a meme stock that has soared despite the company generating almost no revenue, are valued at more than $3 billion.
When stocks can become called "meme stocks" they cease to have actual value.
For the last decade or so, companies have been looking overseas, to India orChina, for cheap labor. But now it doesn’t matter where the laborers are – they might be down the block,they might be in Indonesia – as long as they are connected to the network
I didn't realize how hard it was to retain information in the earlier times before the internet became a thing. This made me appreciate how much easier our generation has to gather information. I attached a picture of how the stock photo industry is growing and people are no longer traveling all over trying to get in contact with people from different places for information. In 2020 the stock photography market value was at 3.3 billion dollars.
But share buybacks are also increasingly under fire. President Joe Biden, a frequent critic of share repurchases, included a 1% tax on share repurchases in the Inflation Reduction Act passed by Democrats in Congress last year.
Dr Dan Goyal. (2022, March 15). What’s been happening This Week in Covid? The schism between reality and policy grew even wider this week... Omicron B.2 sent cases soaring and stock markets sinking! #TheWeekInCovid [Tweet]. @danielgoyal. https://twitter.com/danielgoyal/status/1503699425427968001
An individual whosimply buys what Buffett is buying, the researchers found, will earn an averageof more than 10 percent above market returns.
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MikeFarb on Twitter: “What the he’ll is going on in the Stock Market. GDP dropped by 32.9%(a disastrous number)and over the last 3 trading days the NASDAQ is up over 300 Points! Never mind the Pandemic and Rampant Unemployment. https://t.co/e6aK5qJ5Lt” / Twitter. (n.d.). Twitter. Retrieved August 4, 2020, from https://twitter.com/mikefarb1/status/1289524802550546432
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Given that a lot is happening in Q1, we do not expect to be profitable in the first quarter
Probably the stocks will drop a lot when announced, buy after that. Should recover in next quarter.