Capital One generated $4.236 billion in operating cash flow and $4.013 billion in free cash flow from its products in the quarter ending on 30 June 2019. In contrast, Capital One reported a negative investing cash flow of -$5.138 billion and a financing cash flow of -$2.705 billion in the same quarter.
Apple Pay will not be accepting cryptocurrency anytime soon. Indeed, Apple (NASDAQ: AAPL) has no cryptocurrency plans. The cryptocurrency press; however, claims Apple could offer a digital currency through Apple…
The technological jobs apocalypse will be a nightmare for educators and governments if these projections come true. For instance, 54% of employees will require significant re-skilling and retraining by 2022, The World Economic Forum speculates.
Thus I conclude there is no popular support for Biden’s campaign. Moreover, both Sanders and Warren have more Twitter followers than Biden. That means more people are interested in them than Biden. Notably, Bernie’s Twitter following is over twice as large as Biden’s.
Taking into account the stablecoin market share, which has expanded significantly from 1% to 3% today, we have to talk about decentralized finance (DeFi) applications. These are the key to extending applicability and use cases for stablecoins.
Disney and Target are partnering because they are facing the same aggressive, tech-savvy, and cash-rich competitor: Amazon. The hope is that Target and Disney can drive each other’s sales with synergy.
Finally, Amazon (NASDAQ: AMZN) is today’s most disruptive corporation because it successfully builds processes for distributing and marketing a wide variety of goods. Indeed, one way to look at Amazon is as a machine for identifying, building, commercializing, and perfecting new processes.
Retail apocalypse poster child GameStop (NYSE: GS) has an unlikely savior in the form of Big Short hero Michael Burry. Bizarrely, Burry’s investment firm Scion Asset Management admits to owning three million…
Voters care about economic not cultural issues. Notably, the one major candidate focused on cultural issues, Buttigieg, is fading fast. Meanwhile three of the most successful candidates, Sanders, Warren, and Yang focus on economic issues. However, the media will work hard to make the race about culture.
“Big Short” investor Michael Burry is predicting an index fund meltdown that could wipeout millions of Americans’ retirement accounts. Curry is legendary as the man who predicted the Great Meltdown…
Therefore, scalability is the key to crytpocurrency profitability and commercilization. In fact, I think all the other cryptocurrency attributes; security, privacy, anonymity, robustness, are meaningless without scalability. Additionally, the public will not use blockchain utilities like stablecoins if they are not as fast as Visa or MasterCard (NYSE: MA).
Saudi Arabia needs fast large-scale people movers because 2.372 million Moslem pilgrims visited the country for the Hajj in 2018, the Saudi government estimates. To explain, a Hyperloop could theoretically move millions of pilgrims to Mecca for the Hajj from airports all over the country.