TipRanks Billionaire Steven Cohen Picks Up These 3 “Strong Buy” Stocks Last week, the NASDAQ slipped below 13,200, making the net loss from its all-time peak, reached earlier this month, 6.4%. If this trend keeps up, the index will slip into correction territory, a loss of 10% from its peak. So what exactly is going on? At bottom, it’s mixed signals. The COVID-19 pandemic is starting to fade and the economy is starting to reopen – strong positives that should boost markets. But an… Source link
Read More »Monthly Archives: February 2021
Bitcoin Tumbles to $43K, Lowest in Three Weeks
Bloomberg Buffett’s ‘Tone Deaf’ Annual Letter Skirts Major Controversies (Bloomberg) — Warren Buffett’s 15-page annual letter to shareholders on Saturday made mention of the pandemic that ravaged the globe in 2020 exactly once: One of his furniture companies had to close for a time because of the virus, the billionaire noted on page nine.Buffett likewise steered clear of politics, despite the contested presidential election and riots at the U.S. Capitol, and never touched on race or… Source link
Read More »Coinbase, Roblox take page from Google, keeping marketing costs down
Welcome to Bloxburg Roblox Cryptocurrency exchange Coinbase and gaming app Roblox are both getting set to go public through a direct listing of their shares. They have something else in common that’s likely to prove very attractive to investors: Brand awareness. Both companies spend less than 10% of their net revenue on sales and marketing. Those are savings that allow the companies to focus more on product development and even profit generation. With limited marketing, Coinbase emerged as the… Source link
Read More »What to know in the week ahead
After last week’s volatile bout of stock trading, investors this week are set to focus on new labor market data, as well as a dwindling batch of quarterly earnings results. The U.S. Labor Department’s February jobs report set for release on Friday will be one of the main reports of the week, offering a fresh look at the state of the labor market recovery after back-to-back disappointments in each of the January and December reports. Consensus economists are expecting to see that non-farm… Source link
Read More »Thanks to Google, you can now schedule text messages on your Android phone
Sarah Tew/CNET Have you ever forgotten to send a happy… Source link
Read More »No such thing as ‘too much:’ Warren Buffett quotes Mae West in defense of stock buybacks
There are many critics of corporate stock buybacks, but Warren Buffett is certainly not one of them. In his latest annual letter to shareholders, the Oracle of Omaha revealed that his holding company, Berkshire Hathaway (BRK-A, BRK-B), had spent nearly $25 billion repurchasing class A shares. Buffett said the action “demonstrated our enthusiasm for Berkshire’s spread” of vast holdings, which include major companies like Apple (AAPL), Bank of America (BAC), Coca-Cola (KO) and Merck ( Source link
Read More »Google On Expected Impact of Core Web Vitals Update
Search Central Live Fireside Chat Danny Sullivan on Twitter Search Community Reaction to Page Experience Update Citation Google’s Danny Sullivan recently discussed the expected ranking impact of the May 2021 Page Experience Update that will integrate Core Web vitals as a ranking factor. Danny commented within the recent Search Central Live Fireside Chat and later he clarified some more on Twitter. Search Central Live Fireside Chat Someone asked a question about the impact that the Core Web Vitals… Source link
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Read More »Google Maps is getting a new trick (plus 5 other Android features coming)
Several Android apps are getting some useful updates. Sarah Tew/CNET … Source link
Read More »US Stock Indexes Mixed as Investors Buy Growth, Sell Value Shares
TipRanks 2 ‘Strong Buy’ Stocks With 7% Dividend Yield You can get whiplash, trying to follow the market fluctuations these days. Volatility rules for now, as investors are pulling out of Big Tech – a move that is pushing the general markets down. The bearish sentiment comes as new COVID case numbers are falling, along with the weekly unemployment claims. Both are positive news bites for the economy, and will help to justify increased economic opening. At the same time, a Congressional… Source link
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