Amid rising tensions between Russia, Ukraine and the West, Russia’s oil and gas exports rebounded sharply in 2021. According to the Bank of Russia, crude oil exports climbed to $32 billion in the fourth quarter of 2021, the highest level since 2014. As…
The bulls still have some hope here, because by my count, the ES S&P futures have had 4 higher lows over the past 4 weeks. The magic number for the bears is now 4361. Take that out and the streak will be emphatically broken, and the Great Face patt…
Methane is an invisible and odorless gas that is quietly oozing from abandoned oil and gas wells in the United States and affects the climate in a major way. Compared with CO2, methane is much more harmful in furthering climate change. It has 25-80 tim…
Here’s a disaster du jour. I went to their website, since their company name (WalkMe) doesn’t exactly suggest what they do, and this is their mission statement, front and center on their website: “Drive strategic business goals wi…
The NFT craze has reached the high fashion industry. Our chart with data gathered by Statista gives an overview of different NFT sales by luxury and collectable brands, some of them bringing in millions.A very lucrative NFT sale was launched by Italian…
With by far the largest share of revenues coming from brick and mortar casinos via slots and table games, the U.S. gambling industry unsurprisingly took a pandemic-related hit in 2020. After posting record gross gaming revenue (GGR) in 2019, the total …
As the pandemic forced restaurants to close and diners to stay at home, food delivery services thrived during the Covid-19 crisis. Whether its ordering directly from a restaurant or using one of many available delivery platforms, U.S. consumers have th…
Despite the fact that restaurants reopened in 2021 and millions of Americans returned to dining out, food delivery market leader DoorDash kept its pandemic gains and even managed to build on them. The company that went public amid the Covid-19 crisis i…
Palantir, the Palo Alto-based company with its Alex Karp crazy-hair guy, has lost the majority of its market cap in just one year’s time. If James Altucher wasn’t proof enough, maybe Mr. Karp will finally demonstrate my point irrefutably.
Having successfully adapted to the unique circumstances created by the pandemic, Uber beat revenue expectations in the fourth quarter of 2021, capping a year that saw its core rides business partly rebound while keeping momentum in its thriving food de…