Tesla: Lots of buzz, many overpromised commitments from the owner, frequent delivery shortfalls, disappointing numbers, and project delays. BYD: Announces new products and features when they are ready and released, not when the idea is years away from fruition. Delivers on what it promises to the market. No wonder Buffett chose one company over the […]
At the end of February, Wall Street held its breath ahead of Nvidia’s report, fearing that controversial figures could destabilize the stock market. And it exhaled. Nvidia’s net profit for the quarter ended in January rose 80% year-over-year to $22 billion, even though operating expenses rose nearly 50% (profitability declined due to the transition to […]
Entrepreneurs understand how difficult it is to run a business in the EU or UK without an account: partner trust diminishes, currency transactions get more complicated, and, ultimately, profits drop. I’ve heard many such stories, which is why, two years ago, my team and I started developing a versatile payment system that performs 4-in-1 functions, […]
People need to recognize that coffee is fundamentally an agricultural product. 📈 According to the New York Times, citing Pachamama Coffee co-founder Thaleon Tremaine, the rising cost of coffee is no longer tied to “exclusivity.” Instead, factors like prolonged droughts, floods, and the broader impact of climate change have significantly reduced supply, driving prices higher […]
Nike #NKE exceeded earnings expectations, but the stock dropped for two reasons: the company is retracting its full-year financial forecasts and delaying its first investor day in seven years, which was set for November. On September 19, Nike announced that Elliott Hill would take over as president and CEO, starting October 14, 2024. He mentioned […]