Is the bull market about to take a long breather? Not according to Goldman Sachs. In fact, the firm believes the bull market has a long way to run yet; Chief global equity strategist Peter Oppenheimer recently noted that the market was moving from a “’Hope’ phase to a longer ‘Growth’ phase.” The firm’s economists are expecting the economy to sprout higher by 6.8% in 2021 and believe that by the end of the year the unemployment rate could drop to 4.1%. And there’s enough… Source link
Read More »Monthly Archives: February 2021
GameStop shares close 104% higher in afternoon rally; up another 100% in after hours
TipRanks 2 Stocks Trading at Rock-Bottom Prices; Analysts Say ‘Buy’ We’re in a volatile period right now, as stocks slipping after starting the year on a strong note. Big Tech, which boomed during the pandemic lockdowns and the move to remote work, is leading the declines. Investors have taken the measure of the vaccination programs, and now, in fueled by both a belief and a hope that economies will soon return to a more normal footing, they are seeking out those stocks that will gain we… Source link
Read More »‘The world would be better off without’ SPACs
Bloomberg A-Rod Joins Blank-Check Derby to Build the ‘Yankees of SPACs’ (Bloomberg) — After losing a deal for the New York Mets baseball team to billionaire Steve Cohen, Alex Rodriguez has another game he wants to win.The former all-star for the cross-town Yankees has joined the lengthening roster of financiers, executives, politicians, celebrities and athletes who have signed onto special purpose acquisition companies, or SPACs. Rodriguez, whose Slam Corp. began trading Tuesday, will now… Source link
Read More »How Tesla and Elon Musk can fight the new EV rivals
Wednesday, February 24, 2021 This article was first featured in Yahoo Finance Tech, a weekly newsletter highlighting our original content on the industry. Get it sent directly to your inbox every Wednesday by 4 p.m. ET. Subscribe Everyone is coming for Tesla’s crown Tesla (TSLA) is synonymous with electric vehicles, but a new generation of EV automakers inspired by CEO Elon Musk’s electrified empire may be coming after its crown. Lucid Motors, which is headed by former Tesla engineer Peter… Source link
Read More »Charlie Munger says Costco ‘has one thing that Amazon does not’
TipRanks 2 Stocks Trading at Rock-Bottom Prices; Analysts Say ‘Buy’ We’re in a volatile period right now, as stocks slipping after starting the year on a strong note. Big Tech, which boomed during the pandemic lockdowns and the move to remote work, is leading the declines. Investors have taken the measure of the vaccination programs, and now, in fueled by both a belief and a hope that economies will soon return to a more normal footing, they are seeking out those stocks that will gain we… Source link
Read More »“Star Wars” heroine Daisy Ridley claps back at Ted Cruz’s Rey diss
The Daily Beast Former Cuomo Aide Says She Resigned After He Forcibly Kissed Her Mike Coppola/GettyLindsey Boylan, a former aide to New York Gov. Andrew Cuomo, says she resigned in 2018 after he forcibly kissed her during a meeting. Boylan—who is running for Manhattan Borough president—had previously accused Cuomo of repeated harassment, but she didn’t offer many details until she published a Medium post on Wednesday. “My boss soon informed me that the Governor had a ‘crush’ on… Source link
Read More »Charlie Munger speaks at the Daily Journal Annual Meeting
Legendary investor and polymath Charlie Munger, Berkshire Hathaway’s vice-chairman and Warren Buffett’s long-time business partner, headlined the Annual Meeting of Shareholders of the Daily Journal Corporation (DJCO) in Los Angeles On Wednesday. “We won’t be able to join each other in person this year, but I hope that many shareholders will join our annual meeting online. In the meeting, Jerry [Salzman] and I, as usual, will answer many questions,” Munger wrote in a letter to shareholders… Source link
Read More »Yandex tops list of most expensive companies in Russian Internet segment — Forbes – Business & Economy
MOSCOW, February 24. /TASS/. Russian IT giant Yandex once again maintaned the leading position in the rating of the most expensive companies in the Russian segment of the Internet, published by Forbes. According to the report, the value of the company reached $22.98 bln. Yandex has been maintaining the title of the most expensive player in the Russian Internet segment for the third year in a row – in 2020 the company was worth $14.6 bln, and in 2021 it has risen in price more than… Source link
Read More »Google Cloud puts its Kubernetes Engine on autopilot – TechCrunch
Google Cloud today announced a new operating mode for its Kubernetes Engine (GKE) that turns over the management of much of the day-to-day operations of a container cluster to Google’s own engineers and automated tools. With Autopilot, as the new mode is called, Google manages all of the Day 2 operations of managing these clusters and their nodes, all while implementing best practices for operating and securing them. This new mode augments the existing GKE experience, which already… Source link
Read More »Coach Prime gets his first win … and his wallet stolen | Yahoo Sports College Podcast – Yahoo Sports
Reuters Report: Rangers’ Artemi Panarin takes leave after Russian article New York Rangers star Artemi Panarin is taking a leave of absence after a former coach of his in his native Russia alleged that Panarin beat up an 18-year-old woman 10 years ago, the New York Post reported Monday. The allegation appeared in a Russian newspaper and is believed to be politically motivated, per the Post; Panarin, 29, has been outspoken against the regime of Russian president Vladimir Putin. “Artemi… Source link
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