Startups & VC

2022-05-20 22:29:44 I earn from $3000 by buying pictures

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2022-05-20 21:02:02 Walmart Earnings Preview: Sales Gains Continue Amid Inflationary Pressures

Financial year 2023 first-quarter results will be released on Tuesday, May 17, before the open. Revenue expectation: $138.83 billion.

Wall Street Journal reported in February that Walmart was focusing on faster delivery and increasing the volume of products listed by third-party sellers.

Walmart is aiming to have 200 million products listed on Walmart.com by the end of the year, up from 170 million currently.

The success in WMT’s business strategy is also reflected in its share price which has outperformed the benchmark S&P 500 during the past three months, especially at a time when the market is experiencing a corrective phase.

Its shares rose more than 10% in the last quarter.

In a poll of 38 analysts conducted by Investing.com, 29 gave the stock a "buy" rating with a consensus 12-month average price target of $164.26, implying a 10.95% upside potential from the current market price Открыть/Комментировать

2022-05-20 14:02:03 80,000 Bitcoin gone: What’s left in Luna’s reserve wallet?

The Luna Foundation Guard updated the world concerning its crypto-asset reserves and shared a promise to compensate the remaining users of failed stablecoin UST.

On Twitter, the team behind the failed algorithmic stablecoin TerraUSD (UST) and the token LUNA shared precisely how much Bitcoin (BTC) and crypto assets they had disposed of.

Thereby, 80,081 BTC, or 99.61% of the Bitcoin that LFG guarded, has exited the fund.

Interestingly, LFG has not sold a single BNB or Avalanche (AVAX) token, holding around 40,000 and 2,000,000 of each, respectively

The graphic outlines the remaining tokens in the LFG reserve. Открыть/Комментировать

2022-05-19 21:02:03 Tech And Media Stocks Are Getting Hammered

Recently the NASDAQ index fell 5%, its biggest one-day decline since 2020, as the list of stocks with eye-watering losses got a little bit longer.

Most notable yesterday was e-commerce darling Shopify, which fell 15% after posting its slowest revenue growth in 7 years, leaving its shares down 70% this year, worse even than Netflix's high profile meltdown, which has seen its shares fall 69%

Indeed, of the 192 large stocks in the Technology and Communication Services sectors, 167 are down this year ♂️

The only notable exception?

Twitter — thanks to Elon Musk's bid for the company that was way ahead of where the shares were trading Открыть/Комментировать

2022-05-19 14:29:00 Inflation Woes Abound in Developed Nations

Strong economic recovery following the end of the lockdown era of the coronavirus pandemic caused the price of goods and services to rise in 2021 in many developed nations, according to the OECD.

Previously, inflation had risen much more slowly and even stagnated during the first year of the pandemic.

As of the latest month available, the Consumer Price Index by the OECD rose by 8.3 percent year-over-year in the United States

While in Europe, the increase was between 7.4 percent in Germany, 6.2 percent in the UK and 4.5 percent in France. In Japan, inflation stood at a meager 1.2 percent Открыть/Комментировать

2022-05-18 21:02:02 Pandemic-Fueled Bicycle Boom Is Losing Speed

When the Covid-19 pandemic hit the United States in March 2020, forcing gyms to shutter and public transportation to suspend operation, millions of Americans re-discovered bicycles as a safe, socially-distanced form of physical exercise and transportation.

According to inflation-adjusted figures published by the U.S. Bureau of Economic Analysis, Americans spent $7.0 billion on bicycles and accessories in 2020, up from $6.1 billion the year before

Starting in Q3 2021, when warmer weather and rising vaccination rates helped lower case counts and enable a return to normal life, bicycle spending started to decrease.

At an annual rate of $7.5 billion, spending remains above pre-pandemic levels, however, fueling hopes that the industry could remain in a higher gear compared to pre-Covid days Открыть/Комментировать

2022-05-18 20:23:28 How to profit 3,700 dollars from the sale of one picture?

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2022-05-18 14:02:05 The Rise and Fall of Bitcoin

Despite being the biggest and most significant cryptocurrency, Bitcoin is still famously susceptible to dramatic rises proceeded by equally rapid falls

Having surged to an all-time high of over $60 thousand in April 2021, Bitcoin plunged to just below the $30 thousand mark at the end of July.

Instability and crypto go hand in hand though, and the Bitcoin roller coaster raced skyward again soon after, with the record-breaking price of over $67 thousand hit in Early November.

This infographic shows the daily price of Bitcoin from 2017 to 2022 Открыть/Комментировать

2022-05-17 21:02:04 The E.U. is Streets Ahead of the U.S. in Electric Vehicle Uptake

The best-selling EV may hail from the United States, but when it comes to uptake among the domestic population, the U.S. is trailing Europe by some distance

As this infographic using Statista Mobility Market Outlook data illustrates, Tesla has its biggest potential customer base in Europe - and the gap is only set to get bigger

Statista analysts estimate that there will be 4.4 million EVs sold in E.U. countries, compared to just 1.9 million in the United States - that equates to 997 and 556 vehicles per 100,000 people, respectively. Открыть/Комментировать

2022-05-17 14:02:05 Spotify: Subscribers Stall While Profits Climb

After two years of incurring net losses in six out of eight quarters, Spotify managed to get back into the black in the first three months of 2022 despite a decline in subscriber growth

The music streaming giant generated a net income of 139 million Euros against two million new subscribers, owed to a year-over-year revenue increase of 24 percent.

This marks only the third quarter in the past five years where the company's income came in above the 100 million Euro mark as our chart shows Открыть/Комментировать