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Category: Company News

link to First Republic Bank is $9 Billion Underwater

First Republic Bank is $9 Billion Underwater

Bank balance sheets are filled with lies because the majority of assets on their balance sheet are usually reported at "amortized cost" rather than "fair value". When interest rates go up, the...

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link to Walmart (NYSE: WMT) August 2022 Earnings Summary | Consumers Weaken

Walmart (NYSE: WMT) August 2022 Earnings Summary | Consumers Weaken

Walmart beat both revenue and Non-GAAP EPS estimates for the quarter. However, the company is under pressure from inflation and poor inventory planning last year. Quick Numbers Reporting...

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