FMP
Oct 12, 2021 11:37 PM - Davit Kirakosyan
Alex Hoeptner, the CEO of Bitmex, believes at least 5 developing countries will have accepted bitcoin by the end of 2021 as legal tender following El Salvador, which has become the first country to make bitcoin a legal tender.
Hoeptner mentioned three key factors pushing developing countries to accept bitcoin as a legal tender:
(1) Remittances. Ex. They constituted 23% of El Salvador’s GDP in 2020.
(2) Inflation. IMF predicts a 5.4% inflation rate for developing countries for 2021.
(3) Politics. Many politicians want to position themselves as progressive and new-age thinkers.
Sep 11, 2023 1:38 PM - Rajnish Katharotiya
Price to Earnings is one of the key metrics use to value companies using multiples. The P/E ratio and other multiples are relative valuation metrics and they cannot be looked at in isolation. One of the problems with the P/E metric is the fact that if we are in the peak of a business cycle, earni...
Sep 11, 2023 1:49 PM - Rajnish Katharotiya
Price-to-Earnings ratio is a relative valuation tool. It is used by investors to find great companies at low prices. In this post, we will build a Python script to calculate Price Earnings Ratio for comparable companies. Photo by Skitterphoto on Pexels Price Earnings Ratio and Comparable Compa...
Oct 17, 2023 3:09 PM - Davit Kirakosyan
Shares of VMware (NYSE:VMW) witnessed a sharp drop of 12% intra-day today due to rising concerns about China's review of the company's significant sale deal to Broadcom. Consequently, Broadcom's shares also saw a dip of around 4%. Even though there aren’t any apparent problems with the proposed solu...