#EsteeLauder #China #Stock
Yahoo Finance Live anchors Akiko Fujita and Brian Cheung discuss the decline in stock for Estée Lauder as sales continue to decline amid China’s COVID-19 lockdowns.
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.Nobody knows if stocks go up or down in the short term, but we can be pretty sure that most are up in the long term 5+ years.
Amazon stock:
,.Amazon’s core areas earn billions in profit:
– cloud
– advertising
– subscription
– retail
– delivery for nonAmazon sales just like UPS and Fedex
– working on satellite home internet
– today the warehouse in New York rejected the union at 2/3 NO.
– streaming is getting better with MGM acquisition, Thursday night NFL rights.
Amazon has the most efficient retail operations/logistics. Can you imagine how much other ecommerce must be hurting because they’re not as efficient as Amazon… and when they go out of business, that means more customers for the surviving company Amazon.
Amazon could eat the cost (subsidized by other line of businesses) but it doesn’t because Amazon Prime is raised from $119 to $139 and the stickiness of renewal is 98%.