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"Guardian analysis of 100 top US companies percent change from the most recent reported quarterly profits to two years prior." Wow. Incredibly misleading journ
by missedthecue 5y ago
"Guardian analysis of 100 top US companies percent change from the most recent reported quarterly profits to two years prior."
Wow. Incredibly misleading journalism. This is terrible. They are comparing today with April 2020. Seemingly arbitrarily. I wonder if anything was going on in April 2020 that may have depressed the net profits of companies like Chevron (on their list). Wasn't oil at -39 dollars per barrel in April 2020? Chevron doesn't even set or raise prices on the cost of a barrel of crude oil which contradicts their entire point anyway.
I know the Guardian has a certain bias but this is basically misinformation with data.