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" ... It’s this final point I’d like to focus on. Is the U.S. stock market’s incredible recovery justified, or is it “irrational exuberance” all over again? Year-to-date, the S&P has outperformed equities in nearly every other major economy, including the European Union (EU), United Kingdom (UK), Hong Kong and Japan. A lot of this has to do with the performance of tech stocks (more on that later), but something else appears to be happening here. ... "
" ... Jin justified these shutdowns to his U.S.-based colleagues by falsely accusing users of discussing terrorism and child exploitation during their calls, and Jin’s accomplices fabricated evidence of banned activity by the users, prosecutors said. ... "
" ... Looking at the bigger picture, some of the rise over the last two years is justified by the roughly 9% rise in eBay’s revenues, which, in turn, led to a 36% rise in revenue per share during this period as the number of shares outstanding saw a decline of 20%. Further, its Net Income has improved from $-1 Bil in 2017 to $1.8 Bil in 2019. ... "
" ... Some of the stock price decline since 2017 is justified by the almost 60% decline in AT&T’s profits, as net income margin declined from 18.3% in 2017 to 7.7% in 2019. The sharp drop in 2018 was because margins were unusually high in 2017 due to one-time tax benefits received, but they further went down in 2019 due to large actuarial losses realized during 2019. This was partially offset by 13% revenue growth between 2017 and 2019. On a per share basis, earnings declined 60% from $4.77 in 2017 to $1.90 in 2019. ... "
" ... Some of the stock price rise between 2017 and 2019 is justified by the 32% growth in Newmont’s revenues, from $7.4 billion in 2017 to $9.7 billion in 2019. This was mainly driven by a sharp rise in gold shipments reflecting the impact of the Goldcorp acquisition in 2019. Newmont reported losses in 2017 but has since then improved its margins in the following two years due to higher grade ores and higher revenue. With shares outstanding increasing sharply due to the acquisition, revenue per share saw a slight decline of 4.2% during 2017-2019. ... "