Meta Platforms, formerly known as Facebook used to have a market capitalization of over $1 trillion last year. This past Friday the market cap was just over $240 billion !. The collapse of this tech darling which was part of the so-called FANG group, in such as short period is astonishing indeed. In October, Meta …
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The Top Luxury Companies in the World by Revenue in 2021 is shown in the chart below. France-based LVMH is in a league of its own in the luxury sector. The company generated about $76.0B last year. With scores of brands like Dior, Tiffany, etc. in various categories ranging from fashion to wine and everything …
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The Top 10 Companies by Gaming Revenue in 2021 are shown in the chart below. Japanese giant (SNY) is the top company in generating the most revenue from gaming. Software leader Microsoft(MSFT) is the second top firm. I did not realize that Microsoft was so big in gaming. I knew Xbox was popular but did …
Lithium is one of the hottest commodities in the world these days since it is used in the manufacture of batteries in Electric Vehicles (EVs). A handful of companies dominate the lithium-related industry. Among the top 10, 4 are Chinese companies though it has smaller global reserve of of the commodity. Australia has a relatively …
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One fascinating aspect of the tax structure in the US is that the Federal Government receives more in taxes from individuals than corporations. I wrote about this fact all the way back in 2011 and again 2016. In 2021, it got worse. Individuals paid $2 Trillion in taxes while corporations paid just $372 Billion in …
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