• Piracy Pops, Luxury Blends, and FICO Forever

  • Feb 14 2024
  • Length: 7 mins
  • Podcast

Piracy Pops, Luxury Blends, and FICO Forever  By  cover art

Piracy Pops, Luxury Blends, and FICO Forever

  • Summary

  • Piracy growth: Internet piracy is surging as users seek free and convenient access to digital content amid the proliferation of streaming services. Piracy sites received 141 billion visits in 2020, a 13% increase from 20191. Piracy harms the economy, the creators, and the consumers, reducing revenue, jobs, and innovation. Piracy also exposes users to malware, fraud, and legal risks.


    LVMH portfolio size: LVMH is the world’s largest luxury goods group, with 75 prestigious brands in various sectors, such as fashion, jewelry, perfumes, and wines. LVMH’s revenue in 2020 was 44.7 billion euros, a 17% decline from 2019 due to the COVID-19 pandemic. However, LVMH’s revenue in 2021 was 86.2 billion euros, a 93% increase from 2020, as the luxury market recovered strongly. LVMH’s market cap as of February 9, 2024, was 403.6 billion euros.


    Fair Issac Corp performance: Fair Issac Corp (FICO) is a leading provider of analytics software and credit scores. FICO’s revenue in 2020 was 1.2 billion dollars, a 7% increase from 2019. FICO’s revenue in 2021 was 1.5 billion dollars, a 25% increase from 2020. FICO’s revenue in the first quarter of 2022 was 382 million dollars, a 14% increase from the same quarter of 20216. FICO’s market cap as of February 9, 2024, was 32.7 billion dollars.


    These three topics are related to the trends of digital transformation, consumer behavior, and data analytics, which are likely to continue and shape the future of various industries and markets. Investors, businesses, and consumers should consider these trends and their implications.


    Follow on Instagram: @trendi_pod.

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