I've been traveling for a week or so. I haven't kept up with business news, but when I left more than a week ago, and still following the news, all the "experts" over at CNBC were suggesting that "Square" would be acquired by "someone."
Now this, what a shock! "Square" becomes the acquirer.
"Square" to buy Afterpay for $29 billion as "buy now, pay later" booms.
********************************
It's A Spending Problem; Not A Revenue Problem
After several weeks of encouraging premieres, Hollywood’s return to the box office has struggled with middling performances topping the charts.
The latest example: Walt Disney Co.’s “Jungle Cruise,” starring Dwayne Johnson and Emily Blunt, which premiered to $34.2 million in the U.S. and Canada.
While it is a top performer in the pandemic era, the opening continues an uncomfortable reality for Hollywood as it struggles to emerge from Covid-19: Box-office performances that are good in a pandemic year are still going to have a tough path to profitability. For a movie like “Jungle Cruise,” which cost more than $200 million to make, that is certainly the case.
I see the same problem with EVs. Cost of production is going to really cut into profits.
*****************************
Covid-19 Vaccination Rollout
- delivered: 400,674,525
- administered: 346,456,669
- at least one dose: 191,498,983
- fully vaccinated: 164,757,423
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.