Many investors consider it preferable to invest in profitable companies over unprofitable ones, because profitability suggests a business is sustainable. That said, the current statutory profit is not always a good guide to a company’s underlying profitability. Today we’ll focus on whether this year’s statutory profits are a good guide to understanding Yandex (NASDAQ:YNDX). While Yandex was able to generate revenue of ₽198.4b in the last twelve months, we think its profit result of… Source link

(Bloomberg) — The bounty hunter of Wall Street has finally met his match. Andrew Left, who’s taken on everything from drug companies to Chinese real estate firms, said his Citron Research will no longer publish short selling research, ending the firm’s two-decade run as one of Wall Street’s best-known contrarians. Citron will instead focus on what may seem like the only logical move in a world of ever-rising equity markets and low interest rates: long bets. “Twenty years ago I started… Source link

Automakers and pure play electric vehicle makers got a boost this week by President Joe Biden’s “Buy American” plan. His “Made in America” executive directs the federal government to spend taxpayer funds on American made goods and products, including a plan for fleet vehicle purchases to go green. “The federal government … owns an enormous fleet of vehicles, which we’re going to replace with clean, electric vehicles made right here in America by American workers, creating… Source link

TipRanks These 2 Penny Stocks Could Rally All the Way to $11, Say Analysts At its January FOMC meeting, the Federal Reserve held interest rates steady – they are near rock-bottom now, and to no one’s surprise, the Fed is keeping them there. Fed Chairman Jerome Powell may have fed some market pessimism when he spoke after the meeting, and pointed out that unemployment, which has been rising in recent months. For market watchers seeking support, there is solace in the Fed’s monetary… Source link

It was 2012. After well over a decade in business, Google had hit its stride. It was on pace for its biggest year to date, with revenue skyrocketing and its first $50 billion year in the making. But a question lingered in the minds of company executives.  They knew that the key to Google’s success was teamwork and collaboration–allowing the company to innovate faster, identify mistakes more quickly, and solve problems more effectively. Yet, while some teams at Google flourished, others… Source link

So you’re thinking about changing the attribution model in your Google Ads account. Maybe your rep is pressuring you to switch. Maybe your client is questioning your current model. But you’re not sure what to expect when you pull the trigger, and you don’t want to make changes that can’t be undone. Here’s what you need to know about editing Google Ads attribution models so you’re completely prepared to set expectations, clear up misunderstandings and get the most out of your… Source link

“With so many people working and learning from home, they need extra speed that allows everyone in their house the freedom to do what they need and what they want to do online all at the same time,” Google said. Atlanta offers 1-gig service across through several Internet providers, including Comcast and AT&T. Comcast also offers 2-gigabit service. Source link

Friday, January 29, 2021 Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Robinhood becomes the GameStop story’s main character. The tale of GameStop’s (GME) meteoric rise, its chaotic decline, and what happens next with the role of retail traders in the market, are narratives that have dominated the conversation this week. And in the weeks ahead, it is unlikely this story will disappear from the market conversation. But the whole episode has… Source link

TipRanks Time to Turn Bullish on These 2 Oil Stocks, Says Raymond James We are entering a new paradigm for the oil and gas industry, one far removed from the Trump Presidency’s pro-drilling policies. The Biden Admin is likely to cut back on oil and gas production in the US, in favor of promoting renewable energy sources and carbon pollution reduction. In the short run, his policies are likely to push oil and gas prices up – and that may turn out to help the hydrocarbon sector, at least at… Source link

TipRanks These 2 Penny Stocks Could Rally All the Way to $11, Say Analysts At its January FOMC meeting, the Federal Reserve held interest rates steady – they are near rock-bottom now, and to no one’s surprise, the Fed is keeping them there. Fed Chairman Jerome Powell may have fed some market pessimism when he spoke after the meeting, and pointed out that unemployment, which has been rising in recent months. For market watchers seeking support, there is solace in the Fed’s monetary… Source link