During the pandemic PayPal thrived and its annual revenue increased from $17.5B in 2019 to $25B in 2021. After the end of pandemic, people started to go out and use more cash for purchases. Also its long term agreement with eBay ended in 2020. These factors led to its share price decline from $290 in September 2021 to $75. Although the company is still financially strong with market capitalisation of $84B and EBITDA of $5B, it’s uncertain if it can keep growing,
The plaintiff, a stockholder of Block, Inc., filed this derivative suit challenging Block's acquisition of TIDAL a music streaming company associated with rapper, producer, and entrepreneur Shawn Carter. Block facilitates payment processing and helps individuals transfer money electronically; it had never ventured into the music streaming
Hidden records show thousands of senior executive branch employees owned shares of companies whose fates were directly affected by their employers’ actions, a Wall Street Journal investigation found
Thousands of officials across
This is the daily discussion, so anything stocks related is fine, but the theme for today is on technical analysis (TA), but if TA is not your thing then just ignore the theme and/or post your arguments against TA here and not in the current post.
Some helpful day to
- Companies can save exponentially more money with AI.
- For example, as a company, you used to have to pay $85/hr and a total of 10 hours ($850 total) to write a good blog post for marketing. With LLMs (large language models), you can generate an article and ask your writer to spend one hour editing it. The cost to produce a similar quality of a blog post went from $850 to $85 and the speed to produce it went from 2 days to 1 hour.
I get the stock market does tend to outperform the bond market, but in countries like Japan maybe not so much. Is that just atypical or have other countries with more recent stagnating populations experienced the same trend?
It seems without population growth, eventually it becomes difficult to grow real profits adjusted for inflation?
I've been looking at HRL lately, and some of the numbers look decent: an annual net income of $1 billion during FY 2022, a forward P/E slightly higher than the current P/E, and it seems to be sitting at a support level on the chart ($40) where buyers have shown willingness to come in.
I am concerned about its debt though. It seems like, during the pandemic, it took on a huge amount of debt ($3.3 billion), although during and before 2020, it frequently
I am genuinely surprised nobody is speaking on IIPR’s tremendous earnings report.
Revenue of $76.1million(+18.0%YoY) 5.45 million increase. The increased was attributed to acquisitions and leasing of new properties.
Approximately $40.8 million in net income for the quarter attributed to common stockholders.
Recorded adjusted funds from operations(AFFO) of approximately $63.4 million.
Rent collected for the 3 months ended March 31s
Investors are always looking for stocks that are poised to beat at earnings season and Toast, Inc. ($TOST), may be one such company. The firm has earnings coming up pretty soon, and events are shaping up quite nicely for their report.
That is because Toast is seeing favorable earnings estimate revision activity as of late, which is generally a precursor to an earnings beat. After all, analysts raising estimates right before earnings — with the most up-to-
- Short seller Hindenburg accused Block of overstating users in Cash App, causing a 22% drop in shares.
- 2 Despite the pessimistic scenario, Q1 2023 report has been positive.
Jack Dorsey’s Block reported upbeat Q1 earnings on May 4, with revenue rising 8.58% despite Hindenburg’s false claims. The short seller accused the San Francisco-based fintech firm of overstating its user count of the Cash App platform by allowing