Amazon Technicals Bearish For Stock
Shares of e-tail powerhouse Amazon dropped 5.6% on Monday, closing at $2,749, even after analysts at global investment bank J.P. Morgan characterized the stock as their "top internet idea."
From a fundamental perspective though, however, the latter development shouldn't really be a significant catalyst for the stock's decline. The Seattle, Washington-based company relies less and less on retail sales to grow profitability📈
Shares of e-tail powerhouse Amazon dropped 5.6% on Monday, closing at $2,749, even after analysts at global investment bank J.P. Morgan characterized the stock as their "top internet idea."
From a fundamental perspective though, however, the latter development shouldn't really be a significant catalyst for the stock's decline. The Seattle, Washington-based company relies less and less on retail sales to grow profitability📈
Keep your hands clean
An Italian startup🇮🇹, offering small latex finger pads. Seems ridiculous, however, it's a really useful product!
No one minds eating something greasy, whether it's a burger or chips, and if it's about having a snack in the car, there's no place to wash your hands🤷🏻♂️ So there's a great solution to appease hunger and keep your fingers clean at the same time. Why not put rubber finger pads in each snack pack?
📌 The material is thin latex that fits one's fingers tightly.
An Italian startup🇮🇹, offering small latex finger pads. Seems ridiculous, however, it's a really useful product!
No one minds eating something greasy, whether it's a burger or chips, and if it's about having a snack in the car, there's no place to wash your hands🤷🏻♂️ So there's a great solution to appease hunger and keep your fingers clean at the same time. Why not put rubber finger pads in each snack pack?
📌 The material is thin latex that fits one's fingers tightly.
Coffee shop for singles
This idea is very relevant these days, because no one has cancelled Coronavirus and social distancing yet😷
NPD Group carried out a study which found that more than a half of the coffee shops' visits account for people coming alone!
👉🏻 The niche of such establishments is well developed in Germany, Switzerland and Sweden.
It's the 21st century outside — more than ever, genuine introverts go cafe hopping💁🏻♂️
This idea is very relevant these days, because no one has cancelled Coronavirus and social distancing yet😷
NPD Group carried out a study which found that more than a half of the coffee shops' visits account for people coming alone!
👉🏻 The niche of such establishments is well developed in Germany, Switzerland and Sweden.
It's the 21st century outside — more than ever, genuine introverts go cafe hopping💁🏻♂️
Global Food Prices Surge
After recovering from a coronavirus dip in early 2020, the global FAO Food Price Index has risen quite steadily, reaching a new all-time high of 140.7 point in February 2022.
▪️The situation in Ukraine drove up prices for cereals, especially wheat, but despite the new record, the consequences of the conflict are expected to only be fully visible in wholesale food prices in March and the following months.
▪️Unrelated to the situation in Ukraine, worldwide dairy prices increased due to demand from Asia and the Middle East. Meat prices only rose slightly while sugar prices declined.
After recovering from a coronavirus dip in early 2020, the global FAO Food Price Index has risen quite steadily, reaching a new all-time high of 140.7 point in February 2022.
▪️The situation in Ukraine drove up prices for cereals, especially wheat, but despite the new record, the consequences of the conflict are expected to only be fully visible in wholesale food prices in March and the following months.
▪️Unrelated to the situation in Ukraine, worldwide dairy prices increased due to demand from Asia and the Middle East. Meat prices only rose slightly while sugar prices declined.
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Withdrawal Symptoms: Employees and the Russia Exodus
Following the introduction of sanctions against Russia by a large number of countries, more than 330 companies have announced their withdrawal or suspension of activities in that market.
This list includes some of the most renowned companies at a global level. Some of them, in fact, are responsible for several tens of thousands of jobs, such as McDonald's.
👉The fast-food chain announced on Tuesday the temporary closure of its nearly 850 restaurants in Russia, although it will continue to retain its employees.
This chart shows the number of employees and locations in Russia of companies that have suspended operations there📊
Following the introduction of sanctions against Russia by a large number of countries, more than 330 companies have announced their withdrawal or suspension of activities in that market.
This list includes some of the most renowned companies at a global level. Some of them, in fact, are responsible for several tens of thousands of jobs, such as McDonald's.
👉The fast-food chain announced on Tuesday the temporary closure of its nearly 850 restaurants in Russia, although it will continue to retain its employees.
This chart shows the number of employees and locations in Russia of companies that have suspended operations there📊
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Interest in NFTs has Plummeted
Many of us have been forced to at least try to understand what an NFT is over the last year or so. Search queries about it have numbered in the hundreds of thousands📈
But despite this fact, the latest figures from Google Trends suggest that this research has not led to a sustained interest in the topic🤷♂️
Many of us have been forced to at least try to understand what an NFT is over the last year or so. Search queries about it have numbered in the hundreds of thousands📈
But despite this fact, the latest figures from Google Trends suggest that this research has not led to a sustained interest in the topic🤷♂️
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Millionaires Under the Microscope
Surely a strong contender for everyone's least favorite time of year — tax season in the US is fast approaching.
Filing the paperwork is enough of a headache, but nothing is as stressful as getting that letter from the IRS telling you that you're being audited😳
The head of the IRS estimates that the US government is missing out on some $1 trillion due to unpaid taxes every year💰 That's just shy of $4,000 for every adult in the country — and the IRS doesn't have the resources to find the missing money.
📌 Data shows that more than 617,000 lucky folks reported more than $1 million in income in 2021, but just 13,725 of them were audited, way down on the ~41,000 that got checked out in 2012.
Surely a strong contender for everyone's least favorite time of year — tax season in the US is fast approaching.
Filing the paperwork is enough of a headache, but nothing is as stressful as getting that letter from the IRS telling you that you're being audited😳
The head of the IRS estimates that the US government is missing out on some $1 trillion due to unpaid taxes every year💰 That's just shy of $4,000 for every adult in the country — and the IRS doesn't have the resources to find the missing money.
📌 Data shows that more than 617,000 lucky folks reported more than $1 million in income in 2021, but just 13,725 of them were audited, way down on the ~41,000 that got checked out in 2012.
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The TON Community project calls for translators We open the following positions:
— Translator with knowledge of Vietnamese and English!
— Translator with knowledge of Bengali and English!
Task: translate posts from English TON channel into the Vietnamese/Bengali one.
Requirements: knowledge of English and Vietnamese or Bengali, understanding of the blockchain technology principles.
Salary will be discussed with the selected candidate. Our cryptocurrency is already traded on major exchanges like FTX and OKX and that's just the beginning! So, we need the best of the best to join our team!
Send your resume in English here — @johnemerson. A test assignment will be required!
— Translator with knowledge of Vietnamese and English!
— Translator with knowledge of Bengali and English!
Task: translate posts from English TON channel into the Vietnamese/Bengali one.
Requirements: knowledge of English and Vietnamese or Bengali, understanding of the blockchain technology principles.
Salary will be discussed with the selected candidate. Our cryptocurrency is already traded on major exchanges like FTX and OKX and that's just the beginning! So, we need the best of the best to join our team!
Send your resume in English here — @johnemerson. A test assignment will be required!
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Dating App Bumble Sees a Rosy Future Ahead
Shares in dating company Bumble soared more than 40%, as the company gave an upbeat update - guiding that it expects to pull in more than $930M in revenue across its apps in the coming year thanks to its fast-growing user base📈
Bumble's core feature is that in heterosexual matches it is the woman that has to initiate the conversation after a successful match💁🏻♀
Bumble now boasts more than 40 million active users, 1.6 million of which actually pay to use the app's premium features.
Bumble reported that on its core app the 1.64 million paying customers brought in a total of more than $150 million in revenue in the last three months of 2021🤯 If you do the math that works out to ~$30 per paying user per month.
👉🏻 It's hard to put a price on finding love, but $30 a month is not a bad start.
Shares in dating company Bumble soared more than 40%, as the company gave an upbeat update - guiding that it expects to pull in more than $930M in revenue across its apps in the coming year thanks to its fast-growing user base📈
Bumble's core feature is that in heterosexual matches it is the woman that has to initiate the conversation after a successful match💁🏻♀
Bumble now boasts more than 40 million active users, 1.6 million of which actually pay to use the app's premium features.
Bumble reported that on its core app the 1.64 million paying customers brought in a total of more than $150 million in revenue in the last three months of 2021🤯 If you do the math that works out to ~$30 per paying user per month.
👉🏻 It's hard to put a price on finding love, but $30 a month is not a bad start.
Inherited Wealth Concentrates Among the Ultra-Rich
This chart shows the cumulative expected wealth transfers until 2030 by world region and wealth tier (in billion U.S. dollars).
👉🏻 Overall, a quarter of the global HNWI and UHNWI populations is expected to pass on their wealth by 2030. Many of these individuals come from the U.S. and Europe, while many millionaires in Asia are younger and are expected to pass on their wealth at a later date🤷🏻♂️
This chart shows the cumulative expected wealth transfers until 2030 by world region and wealth tier (in billion U.S. dollars).
👉🏻 Overall, a quarter of the global HNWI and UHNWI populations is expected to pass on their wealth by 2030. Many of these individuals come from the U.S. and Europe, while many millionaires in Asia are younger and are expected to pass on their wealth at a later date🤷🏻♂️
Is "peak globalization" behind us?
The ongoing violence in Ukraine has prompted hundreds, if not thousands, of western companies to follow their governments in sanctioning or withdrawing from Russia.
That throws the trend of globalization — the increasing interconnectedness and integration of countries around the world — back into the spotlight, and begs the question: is "peak globalization" behind us?🤔
Some pundits think it already is, pointing to the fact that global trade has actually fallen as a share of global GDP in the last decade or so — suggesting countries are increasingly finding domestic solutions in their markets, instead of looking overseas🤷♂️
The ongoing violence in Ukraine has prompted hundreds, if not thousands, of western companies to follow their governments in sanctioning or withdrawing from Russia.
That throws the trend of globalization — the increasing interconnectedness and integration of countries around the world — back into the spotlight, and begs the question: is "peak globalization" behind us?🤔
Some pundits think it already is, pointing to the fact that global trade has actually fallen as a share of global GDP in the last decade or so — suggesting countries are increasingly finding domestic solutions in their markets, instead of looking overseas🤷♂️
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Defense spending
Countries feeling an historical threat from Russia have in the past decade upped their expenditure on defense📈
Some of the biggest spending increases could be seen in Lithuania, Latvia and Ukraine, while Moldova (+44 percent) and Estonia (+37 percent) have also spent more.
This is according to data by the Stockholm International Peace Research Institute📊
Countries feeling an historical threat from Russia have in the past decade upped their expenditure on defense📈
Some of the biggest spending increases could be seen in Lithuania, Latvia and Ukraine, while Moldova (+44 percent) and Estonia (+37 percent) have also spent more.
This is according to data by the Stockholm International Peace Research Institute📊
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Production of facing tiles from recyclables
Making cash off of household waste is not only a bonus point to your karma, but also a very profitable business💰
An excellent option for such a business is the manufacture of facing tiles from glass waste.
👉The manufacturing technology is extremely simple. And the cost of equipment and disposable consumables does not exceed $50.
As a rule, there is a constant demand for these — for example, in construction stores, Italian analogues of tiles are much more expensive. In addition, you can make individual custom tiles, for example, reinforced. Naturally, the cost per square meter will increase significantly.
Making cash off of household waste is not only a bonus point to your karma, but also a very profitable business💰
An excellent option for such a business is the manufacture of facing tiles from glass waste.
👉The manufacturing technology is extremely simple. And the cost of equipment and disposable consumables does not exceed $50.
As a rule, there is a constant demand for these — for example, in construction stores, Italian analogues of tiles are much more expensive. In addition, you can make individual custom tiles, for example, reinforced. Naturally, the cost per square meter will increase significantly.
Volkswagen, Take The Wheel
Volkswagen remains the biggest European car manufacturer with a market valuation of $103 billion according to data from Companies Market Cap.
Despite losing around $40 billion in valuation when compared to November of 2021, it still managed to improve its lead on Mercedes-Benz by $10 billion, as our chart indicates📊
Volkswagen remains the biggest European car manufacturer with a market valuation of $103 billion according to data from Companies Market Cap.
Despite losing around $40 billion in valuation when compared to November of 2021, it still managed to improve its lead on Mercedes-Benz by $10 billion, as our chart indicates📊
The Metaverse Is a Young People's Game
While companies like Meta have tried to create a buzz around the possibilities of the so-called metaverse and to position it as a groundbreaking development, its core ideas and concepts have been around for decades in the virtual chatroom and video game spaces.
👉According to data from Newzoo, 38 percent of gamers between the age of 10 to 20 in key video game markets have played a proto-metaverse game in 2021.
As the chart shows📊, this makes the average metaverse player significantly younger than the average gamer.
While companies like Meta have tried to create a buzz around the possibilities of the so-called metaverse and to position it as a groundbreaking development, its core ideas and concepts have been around for decades in the virtual chatroom and video game spaces.
👉According to data from Newzoo, 38 percent of gamers between the age of 10 to 20 in key video game markets have played a proto-metaverse game in 2021.
As the chart shows📊, this makes the average metaverse player significantly younger than the average gamer.
Cybersecurity
This chart shows the biggest corporate endpoint protection providers by market share.
🥇Trend Micro is the world leader in corporate endpoint protection with a market share of 10.5 percent.
🥈Coming in second is CrowdStrike, which specializes in cloud security and went public in June of 2019, securing an initial valuation of $7 billion which now sits at $48 billion.
🥉Anti-virus mainstays McAfee and Broadcom's Symantec brand place third and fourth, respectively, in the ranking.
This chart shows the biggest corporate endpoint protection providers by market share.
🥇Trend Micro is the world leader in corporate endpoint protection with a market share of 10.5 percent.
🥈Coming in second is CrowdStrike, which specializes in cloud security and went public in June of 2019, securing an initial valuation of $7 billion which now sits at $48 billion.
🥉Anti-virus mainstays McAfee and Broadcom's Symantec brand place third and fourth, respectively, in the ranking.
Where the Crypto Hype is Taking Over
The hype around cryptocurrencies is spreading around the world, with blockchain currencies like Bitcoin, Ethereum or Binance piquing the interest of more and more people - at least in some countries.
According to the Statista Global Consumer Survey, India, South Korea, the U.S. and Germany are countries where the number of crypto users and owners increased significantly between 2019 and 2022📊
👉In India, for example, the number of those "invested" in crypto more than doubled from 7 percent to 18 percent over that time span.
The hype around cryptocurrencies is spreading around the world, with blockchain currencies like Bitcoin, Ethereum or Binance piquing the interest of more and more people - at least in some countries.
According to the Statista Global Consumer Survey, India, South Korea, the U.S. and Germany are countries where the number of crypto users and owners increased significantly between 2019 and 2022📊
👉In India, for example, the number of those "invested" in crypto more than doubled from 7 percent to 18 percent over that time span.