Profits Are For People

The Occupy Wall Street demonstrators are demanding "people before profits" — as if profit motivation were the source of mankind's troubles — when it's often the absence of profit motivation that's the true villain. First, let's get both the definition and magnitude of profits out of the way. Profits represent the residual claim earned by entrepreneurs.

Topics:  occupy wall street   profits   people   rent   wages   motivation   interest   
BING NEWS:
  • Era of cheap oil will test resilience of energy giants as profits drop
    Crude oil futures rise for a third straight session Friday, but gave back most of their early gains that had followed reports Iran was planning another attack on Israel. An advisor to Iran's Supreme ...
    11/1/2024 - 12:25 pm | View Link
  • Palantir Stock Has Crushed the S&P 500 This Year, but Some Wall Street Analysts Say "Sell." Is It Time to Take Profits?
    In the AI era, Palantir is quickly emerging as a leader, and management now expects U.S. commercial revenue to jump at least 47% this year. However, Wall Street is souring on the stock as Palantir ...
    11/1/2024 - 10:07 am | View Link
  • Amazon.com quarterly profits, revenue, beat Wall Street estimates
    Amazon.com on Thursday posted third quarter profit and sales that beat Wall Street estimates, sending shares up 4% after the closing bell which more than made up for the decline during regular trading ...
    10/31/2024 - 9:39 am | View Link
  • Amazon reports boost in quarterly profits, exceeds revenue estimates as it invests in AI
    Amazon reported a boost in its quarterly profits Thursday and exceeded revenue estimates, sending the company’s stock up in after-hours trading.
    10/31/2024 - 9:34 am | View Link
  • Microsoft’s financial disclosures show how OpenAI is fueling growth — and taking a toll on profits
    New financial filings show how Microsoft's losses from its OpenAI investment are hurting its profits, in addition to fueling its growth.
    10/31/2024 - 6:08 am | View Link
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BING SEARCH:
  • Revenue vs. Profit: What's the Difference?
    Profit is the amount of income that remains after accounting for all expenses, debts, additional income streams, and operating costs. Revenue and profit both refer to money a company earns but a...
    11/3/2024 - 7:00 am | View Website
  • Profit Definition Plus Gross, Operating, and Net Profit Explained
    Profit describes the financial benefit realized when revenue generated from a business activity exceeds the expenses, costs, and taxes involved in sustaining the activity in question.
    11/3/2024 - 2:14 am | View Website
  • Profits vs. Earnings: What’s the Difference?
    Gross profit, operating profit, and net profit are three main measures analysts evaluate on an income statement. The net earnings are found on the bottom line of an income statement. Net earnings...
    11/3/2024 - 1:02 am | View Website
  • What Is Profit? | Levels, Formula, and Examples
    Profit is the money earned by a business when its total revenue exceeds its total expenses. Any profit a company generates goes to its owners, who may choose to distribute the money to shareholders as income, or allocate it back into the business to finance further company growth.
    11/2/2024 - 12:19 pm | View Website
  • Profit | Examples & Definition
    Profit is one of the most important measurements in determining the health and success of a business. Profit may also be referred to as the bottom line. All three main types of profit can be found on a company’s income statement: To calculate profit, use the following formula: Here is some information about Company XYZ for last year:
    11/2/2024 - 5:10 am | View Website
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