FMP
Sep 22, 2021 6:10 PM - Davit Kirakosyan
Tuesday it was announced that Sorare, an NFT fantasy football platform raised $680 million in Series B round, which represents one of Europe’s largest Series B funding rounds, giving the company the valuation of approximately $4.3 billion now. The round was led by Softbank.
Following the phenomenal growth of NFTs in 2021, Sorare seeks to tie the billion-dollar NFT industry to the multi-billion-dollar fantasy sports market, which is around $8.4 billion in the U.S alone.
Sep 11, 2023 1:38 PM - Rajnish Katharotiya
Price to Earnings is one of the key metrics use to value companies using multiples. The P/E ratio and other multiples are relative valuation metrics and they cannot be looked at in isolation. One of the problems with the P/E metric is the fact that if we are in the peak of a business cycle, earni...
Sep 11, 2023 1:49 PM - Rajnish Katharotiya
Price-to-Earnings ratio is a relative valuation tool. It is used by investors to find great companies at low prices. In this post, we will build a Python script to calculate Price Earnings Ratio for comparable companies. Photo by Skitterphoto on Pexels Price Earnings Ratio and Comparable Compa...
Oct 17, 2023 3:09 PM - Davit Kirakosyan
Shares of VMware (NYSE:VMW) witnessed a sharp drop of 12% intra-day today due to rising concerns about China's review of the company's significant sale deal to Broadcom. Consequently, Broadcom's shares also saw a dip of around 4%. Even though there aren’t any apparent problems with the proposed solu...