Year: 2020

Depreciation expense can be a big portion of a company’s total expense. And since expenses decrease income, it affects the overall value of a company. Understanding what it is and the methods can help you determine if a company is as good in real life as it is on paper. That’s why I’ve put together this guide with depreciation expense methods, formulas and examples.
What is Depreciation Expense?
Depreciation is the decrease of a tangible asset’s value. It occurs over the span of its estimated useful life. This lets a company gradually write off the asset. To record depreciation, a company …read more […]

Amazon’s market cap has reached over the $1 trillion mark. Amplify ETFs CEO Christian Magoon joins Yahoo Finance’s Alexis Christoforous and Brian Sozzi to break down Amazon’s fourth-quarter earnings report on The First Trade. …read more […]

Mr. David Alton Clark, the founder of Clark Capital, has earned a reputation for recommending solid investments that stand the test of time. According to TipRanks, a fintech company that tracks and measures the performance of financial experts, Clark’s investment ideas have seen an average yearly return of 25.6% with a success rate of 70%. It’s not a surprise, then, that Clark has held down the 1 spot on Tiprank’s Top 25 Financial Bloggers list for a majority of the past decade.Highlighting the current geopolitical and macro-economic landscape, Clark advises against making any big bets until the Chinese Coronavirus outbreak …read more […]

Net loss attributable to Chevron was $6.61 billion, or $3.51 per share, in the three months ended Dec. 31, compared with a profit of $3.73 billion, or $1.95 per share, a year earlier. Chevron’s net oil equivalent production was flat at 3.08 million barrels per day in the quarter, while average sales prices fell in the United States and internationally. …read more […]

Chevron Corp on Friday posted a fourth-quarter loss as the oil major booked an impairment charge of $10.4 billion related largely to a deepwater Gulf of Mexico project, shale gas assets in Appalachia and the Kitmat LNG project in Canada. Net loss attributable to Chevron was $6.61 billion, or $3.51 per share, in the three months ended Dec. 31, compared with a profit of $3.73 billion, or $1.95 per share, a year earlier. Chevron’s net oil equivalent production was flat at 3.08 million barrels per day in the quarter, while average sales prices fell in the United States …read more […]

(Bloomberg) — If its pre-market trading holds up, Amazon Inc. is about to break a bigger record than just its own peak share price.The largest U.S. e-commerce company saw its shares jump by more than 10% after Thursday’s earnings report crushed Wall Street estimates. If that gain stands through Friday’s close of trading, the company could see its market capitalization surge by more than $90 billion, and push the total value above $1 trillion — a level the stock has flirted with intraday, but never held through the market close.That’d be the biggest single-day gain on record for a U.S. …read more […]