By Miguel Mike Medina
Photo: MarketWatch
Nvidia had a successful 2024 year and provided much value. The chipmaker company increased its market value by over 2 trillion.
Nvidia’s market value was $1.2 trillion at the end of 2023. The company continues to dominate and elevate the industry.
Can Nvidia continue its impact by reaching 3 trillion by the end of 2025? The company is a major global company and should never be counted out for achieving its potential.
Tesla’s Bad Funk in Stock Losses
It’s been a brutal fourth quarter for Tesla. The EV maker experienced a fourth-quarter loss in deliveries.
Deliveries for 2024 were 1.79m, 1.1% lower than a year ago. Regardless of the situation, investors remain bullish on Tesla, especially since CEO Elon Musk has a close connection with Donald Trump, who will return to the White House this month.
Tesla’s stock has risen more than 70 percent compared to a year ago because of the presidential election’s impact.
Rollercoaster Times for the Restaurant Industry
Restaurant owners of major big-time companies are experiencing trials and tribulations. Many of these Giant restaurants have filed for Chapter 11 bankruptcy.
Wendy’s, Denny’s, and Applebee’s closed locations in 2024. Why is that? Well, customers are eating less outside and eating more at home. In addition, inflation numbers have gone through the roof.
Wendy’s has closed about 140 locations, Applebees has closed about 36 locations in the U.S., and Denny’s closed about 50 locations in 2024. The company could close over 100 restaurants by the end of 2025.
It’s a significant blow to the restaurant industry and a sign that times are changing. People want to eat more healthier and save more money.
Miguel Mike Medina is the publisher of The MMM Journal. He can be reached at medinamiguelmike@gmail.com and themmmjournal@gmail.com
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