1. What is FY1 Revenue? 1,600 2. What is FY1 Gross Profits? 1,100 3. What is FY1 EBITDA? 560 4. What is FY1 EBIT? 440 5. What is FY1 EBT? 390 6. What is FY1 Net Income? 312
Question of the Day 6/11
Author: DropoutEdu
Minute Markets 6/8/24
Key Events 👉 Wall Street’s New Sanctuary – Texas Blackrock based TXSE Group and Citadel securities plan to launch the Texas Stock Exchange. The exchange has raised about $120 million and plans to attract global companies as capital markets rebound after the pandemic. But how does an exchange really function? Why create another one? The image that comes to mind
Minute Markets 6/5/24
Key Events 👉 Keith Gill And The GameStop Mania: Again? Keith Gill recently shared a post on reddit which was a screenshot of his position on GameStop, showing that he had bought 5 million shares with an average price of $21.27 and 120,000 call options worth $65.67 million expiring on the 21st of June to buy stock at $20 a
Minute Markets 6/1/24
Key Events 👉 Trafigura Group and Aluminum What’s the difference between physical aluminum and abstract aluminum? Physical aluminum is the actual aluminum that firms or producers may use to make goods such as cans or bicycles. You get abstract aluminum if you buy a futures contract. After the contract expires, you get a warranty from the London Metal Exchange that
Minute Markets 5/25/24
Key Events 👉 The DOJ Seeks To Break Up Live Nation and Ticketmaster’s Monopoly Before Spotify and file-sharing services, the main source of a musician’s income was the sale of their albums. Tours were expected to incur a loss but the shortfall was supposed to be made up by a boost in the sale of the albums the musicians were
Minute Markets 5/24/24
Key Events 👉 Nvidia Announces 10-for-1 Stock Split Nvidia shares closed up 7% Thursday. Nvidia has been the primary player in manufacturing GPUs for video games and recently the central hardware manufacturer in the AI boom. Revenue in Nvidia’s first fiscal quarter increased by 262% from the previous year. So, what is the stock split going to do for Nvidia’s
Question of the Day 5/23
Question How does a capital expenditure affect the Income Statement? A) It directly impacts the company’s operating expenses for the period, decreasing operating income by that amount.B) It increases operating expenses by allocating the cost of the capital expenditure over the asset’s life in depreciation, reducing net income.C) It decreases operating expenses by allocating the cost of the capital expenditure
Minute Markets 5/21/24
Key Events 👉 Endless Shrimp and the Red Lobster Trap Red Lobster is the nation’s largest seafood chain that recently filed for Chapter 11 bankruptcy, effectively transferring the ownership of the business to its creditors to which the chain owed $300M dollars. Under a Chapter 11 bankruptcy process, the goal is not complete liquidation. The goal is to turnaround the
Minute Markets 5/15/24
Key Events 👉 Meme Stock Rally Loses Fire Power Both AMC and GameStop (GME) surged in trading on Monday and Tuesday before sharply falling in Wednesday trading. This 100%+ stock price resurgence comes after the rally of the meme stocks in January 2021 with “Roaring Kitty” coming back to social media with his first tweet since June 2021. A very
