The US energy industry is in a "shrinking state", but it is a good thing for investors

The original title: the US energy industry is in a "shrinking state", but it is a good thing for investors. Public attitudes towards energy companies are changing, followed by shrinking capital investment in energy companies. Perhaps nothing is more persuasive than action. In the first quarter of 2021, investment in funds focused on environment, society and governance (ESG) hit an all-time high. Meanwhile, capital investment by American energy companies is at its lowest level since 2004. In other words, the energy industry is in a state of shortage of funds. When we compare capital expenditure with depreciation expenditure, there is a shortage of capital.

金十數據Jul 27, 2021 18:00

The new case of infection of COVID-19 by two athletes in the Olympic Village in Tokyo reached the highest level since late January.

Two South African footballers tested positive for COVID-19 in the Tokyo Olympic Village. This is the first time an athlete has been infected in the Olympic Village, according to a document issued by the Tokyo Olympic Organizing Committee on Sunday. So far, there are a total of 55 positive cases related to the Tokyo Olympic Games. The Olympic Games will open on July 23, the first Olympic Games without spectators in history. The Japanese government declared a fourth state of emergency in Tokyo earlier this month. As of Saturday, there were 1410 new infections in Tokyo, the highest level since Jan. 21. Japanese Prime Minister Yoshihiro Suga faces more and more in fulfilling his promise to host the "safe and reliable" Olympic Games.

新浪財經Jul 19, 2021 00:27

Munger: The pandemic has created “amazing success” and car dealers have made a lot of money

Buffett's close friend Charlie Munger said in an interview broadcast on Tuesday that for some companies such as car dealers, the pandemic has even brought huge profits. Munger said, “It not only created a sense of returning to normal; it also created an unexpected huge success. Car dealers have made a lot of money. If it weren't for the pandemic, they wouldn't be able to make any money.” Due to factory closures and a global shortage of semiconductors due to the pandemic, automakers and dealers have reaped greater profits. Had it not been for record profits, cars would have been sold out even before they reached dealers. Berkshire Hathaway Motor Company is

新浪財經Jun 30, 2021 09:41

Buffett: The economic impact of the pandemic is “extremely uneven” and small businesses have been hit hard

Legendary investor Warren Buffet said in an interview on Tuesday that the economic consequences of the pandemic have disproportionately affected small businesses and that the unpredictability of the coronavirus is far from over. Buffett said, “The economic impact has been extremely uneven... tens of thousands or even millions of small businesses have been seriously hurt, yet the vast majority of large companies have performed well.” Buffett said, “It's not over yet. I mean, in terms of unpredictability... it's very unpredictable, but for most people and most businesses, it's better than people expected. It's not their own fault, it just destroyed

新浪財經Jun 30, 2021 09:20