CNBC @cnbc
12 Posts
851k Followers
113 Following
First in Business Worldwide. 💰
12 Posts
851k Followers
113 Following
First in Business Worldwide. 💰
The space industry is valued at an estimated $400 billion.⁠ ⁠ But it has the potential to get A LOT bigger. 👀 ⁠ ⁠ In fact, Wall Street’s consensus is that space will become a multitrillion-dollar (yes, TRILLION) economy within 20 years – a view investors are banking on.⁠ ⁠ As both aerospace giants and private capital continue to invest billions of dollars in new technologies and opportunities, public investors should know the biggest players in the space business. It could really pay off. 🤑⁠ ⁠ To see which companies are leading the industry, visit the link in bio. ⁠
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Are you invested in any of these stocks?⁠ ⁠ With the Dow, S&P 500 and Nasdaq all recently hitting record highs, we screened the S&P 500 companies with the highest percentage of buy ratings compared with total ratings.⁠ ⁠ And this probably won’t come as a surprise: e-commerce giant Amazon came out on top.⁠ ⁠ To find out why these are the most loved stocks on Wall Street right now, visit the link in bio. For more content like this, check out @ChartoftheDay!
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$38,300,000,000 in sales. In only 24 hours. 😳⁠ ⁠ Alibaba just set a record on Singles Day, the world’s largest 1-day shopping event. The company blew past its old $30.5 billion record (which, fun fact, exceeded spending by consumers during U.S. shopping holidays like Black Friday and Cyber Monday).⁠ ⁠ This year, the company brought in a whopping $8 billion more by expanding its discount items and even livestreaming the event. ⁠ ⁠ To see how else the company managed to boost sales this year, visit the link in bio. ⁠
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The business with the most installed solar capacity in the U.S. is Apple, according to a report from the Solar Energy Industries Association (SEIA).⁠ ⁠ Apple says that its headquarters in Cupertino, California, is powered by 100% renewable energy from “multiple sources”. These include an on-site 17 MW rooftop solar installation and 4 MW of biogas fuel cells. ⁠ ⁠ Amazon and Target make up the top three. Other firms in the top 10 include major businesses such as Walmart, Google and real estate investment trust firm Prologis. ⁠ ⁠ Learn more at the link in bio.⁠
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Is the key to happiness … to only care about yourself? 😈⁠ ⁠ Narcissists are described as being self-centered, lacking empathy, and having no shame or guilt. They also tend to be happier than the rest of us, a new study found.⁠ ⁠ People who have high levels of narcissism are mentally tougher and less stressed, the research says.⁠ ⁠ “Grandiose narcissism,” specifically, is “positively” correlated with traits that help you succeed.⁠ ⁠ “A grandiose narcissist might not consider other people’s opinions, which can help them focus on a goal,” the lead researcher says.⁠ ⁠ Know any narcissists? Tag them in the comments below! 🤳⁠ ⁠ More details on the study, at the link in bio.
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Ok, boomer.⁠ ⁠ Millennials earn 20% less than baby boomers did at the same age – even though the younger generation has an overall higher education level, says a new report.⁠ ⁠ But how? Blame can be pointed to the Great Recession and its aftereffects.⁠ ⁠ Those who entered the workforce following the downturn had fewer opportunities and lower wages, starting them off at a disadvantage. (At the same time, many faced higher college tuition costs, leading to higher student loan debt rates).⁠ ⁠ And this isn’t just a problem for millennials – it can cause long-term financial issues for generations to come. Find out how at the link in bio. (With @CNBCMakeIt)
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One of South America’s smallest countries could see a MAJOR upswing in economic growth next year, says the IMF.⁠ ⁠ Guyana will see its economy go up by 86% in 2020 (a huge increase from its 4.4% growth in 2019), according to the organization.⁠ ⁠ But why the sudden expansion? It has to do with one thing: Oil.⁠ ⁠ Guyana is extremely oil rich – it has the highest amount of oil for each individual person in the world. To compare, OPEC kingpin Saudi Arabia has approximately 1,900 barrels of offshore reserves per person. Guyana, though? It has 3,900 barrels per person.⁠ ⁠ But will Guyana live up to economic expectations? Read more at the link in bio.
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Though Elon Musk has had much success, he has not had a lot of time off.⁠ ⁠ Between working over 100 hours a week and several disastrous vacation attempts, including one where he “came very close to dying,” Musk says that vacations are just not for him.⁠ ⁠ Musk says that his aversion to them is an ethical issue, too.⁠ ⁠ “I don’t believe people should be experiencing hardship while the CEO is, like, off on vacation,” he said.⁠ ⁠ What do you think of the CEO’s stance?⁠ ⁠ Find out more about Musk’s tragic vacation attempts by clicking the link in bio. (With @CNBCMakeIt)
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