Exxon Mobil Corp. posted its second consecutive quarterly loss for the first time this century on Friday, reporting a loss of $1.1 billion, compared with a profit of $3.
1 billion a year ago. Exxon, the largest U.S. oil company, had not reported back-to-back losses for at least 22 years, according to Dow Jones Market Data, whose figures...
This is the time to take as many losses as possible. Throw in conservative guidance and the chances of beating estimates in the future improves.
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Pros And Cons Of Breaking Up The Big Tech CompaniesA recent proposal by Democratic presidential candidate Elizabeth Warren to break up big tech companies like Apple, Google, and Amazon has revived debate over whether they have too much power. The Onion looks at the pros and cons of breaking up the big tech companies. Enjoy! Freeloading millionaires then replaced by small people ? Freeloading billionaires to be replaced by freeloading trillionares
Source: TheOnion - 🏆 724. / 51 Read more »
Sen. Mark Warner opposes Big Tech break-up – for now: 'Chinese companies may not be the better alternative'Warner's remarks came after Jeff Bezos of Amazon, Facebook's Mark Zuckerberg, Sundar Pichai of Google and Apple's Tim Cook testified before Congress on antitrust and anti-competitive behavior. China sure comes in handy. Ah yes monopolies are the answer. Hot take A break-up is not necessary, if the laws are in place to regulate the improper use of data collection!
Source: CNBC - 🏆 12. / 72 Read more »
Sen. Mark Warner opposes Big Tech breakup – for now: 'Chinese companies may not be the better alternative''These four [tech] companies have enormous power. I could argue that they rival Standard Oil and some of the trusts of the beginning of the 20th century.' Sen. Mark Warner says Big Tech is so powerful that data is 'the new oil.' RetirementRight The people on CNBC this afternoon sounded almost identical to when we were at ATH in Jan/Feb, extreme bullishness, no alternative to stocks.
Source: CNBC - 🏆 12. / 72 Read more »
Big Tech testifies: Zuckerberg defends Instagram acquisition, Bezos skates by with zero questionsThis is CNBC's live blog of the House Antitrust Subcommittee hearing featuring testimony from the CEOs of Amazon, Apple, Facebook and Google. Thank me Is it too much to ask that Gohmert coughed on Gym yesterday? Bezos cool! Amazon the best! 😊👍
Source: CNBC - 🏆 12. / 72 Read more »