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http://www.snopes.com/fact-check/inflation-profits-corporations-2023/(permalink)

Author: snopescom

Factors

veracity

language

English

Date published

2024-05-07

Entities

Kaiser Permanente Kraft Heinz Verizon Communications JPMorgan Chase Bloomberg News ExxonMobil Blue Cross Blue Shield Association Social norm Kraft Foods Project Nike Reddit Snopes Capitalism Stanford University International Monetary Fund Tesla Model 3 Delta Air Lines Inflation Target Corporation Apple Inc.Starbucks Amazon rainforest Meme Walmart European Union Facebook Integrated care Investopedia Chart Gary Becker Profit margin IT infrastructure Risk management Net income Energy industry

Claims (1)

A meme shared online in April and May 2024 accurately reported the profits of 15 corporations and accurately said these profits drove overall inflation up.

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