Analysts and investors favoring stocks constantly remind crypto advocates that Exxon Mobil posted $25.79 billion in earnings over the past 12 months, as a justifying example of its valuation. But on the flip side, earnings don’t necessarily explain how Boeing (NYSE:BA) booked $16.1 billion losses in two years, even as it holds an $87.1 billion market capitalization.
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Source: Cryptocurrency - investing.com
