Monthly Archives: May 2021

Time to Move Back to the Sidelines, Says Analyst

TipRanks Billionaire George Soros Picks Up These 3 “Strong Buy” Stocks Some investors achieve legendary status, rising far above their peers on a combination of luck and success. Perhaps no one exemplifies this more than George Soros, the Holocaust survivor who, after the war, earned a doctorate from the London School of Economics and went into the banking industry to make his mark. He was wildly successful. The hedge fund he founded, Soros Fund Management, earned an average annualized… Source link

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Facebook, WhatsApp, Google and other internet giants comply with India’s IT rules – TechCrunch

Google, Facebook, Telegram, LinkedIn and Tiger Global-backed Indian startups ShareChat and Koo have either fully or partially complied with the South Asian nation’s new IT rules, according to two people familiar with the matter and a government note obtained by TechCrunch. India’s new IT rules, unveiled in February this year, require firms to appoint and share contact details of representatives tasked with compliance, nodal point of reference and grievance… Source link

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Lakers reach vaccine threshold, loosen restrictions

LOS ANGELES — The Los Angeles Lakers claimed a 2-1 series lead on the Phoenix Suns in the opening-round of these playoffs, and their dominance over the last two games is becoming awfully familiar to the postseason run they displayed in the bubble. Anthony Davis was the catalyst for the second straight game, producing a game-high 34 points and 11 rebounds to usher a 109-95 win at Staples Center on Thursday night. LeBron James recorded 21 points, six rebounds and nine assists. Viewed as a… Source link

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AMC surpasses $12B market cap as Redditor asks if it can go ‘to the moon’

TipRanks Billionaire George Soros Picks Up These 3 “Strong Buy” Stocks Some investors achieve legendary status, rising far above their peers on a combination of luck and success. Perhaps no one exemplifies this more than George Soros, the Holocaust survivor who, after the war, earned a doctorate from the London School of Economics and went into the banking industry to make his mark. He was wildly successful. The hedge fund he founded, Soros Fund Management, earned an average annualized… Source link

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Google Photos wants money: Stricter storage limitations kick in next week

Enlarge / The Google Photos storage management tool. Google Google Photos would like some of your money. The service is turning six years old and will kick off its quest for monetization next week, when Google will start getting more restrictive about photo storage limits. The goal is to push users over the 15GB free limit that comes with every Google account so they’ll buy more storage via the “Google One” program. Google Photos launched with… Source link

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AMC & GME are Not the Only Reddit Penny Stocks to Buy According to Top Wall Street Analysts

If you’re looking for penny stocks to buy right now, I’m sure you’ve seen plenty of attention placed on social media, namely Reddit. The phenomenon that began earlier in the year thanks to GameStop (NYSE: GME) stock has caused an avalanche of trading activity spilling over into other heavily shorted names. Whether you’re talking about beaten-down meat alternative stocks like Beyond Meat (NASDAQ: BYND) or bankrupt car rental companies like Hertz (OTC: HTZGQ), Redditors are going… Source link

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here’s when this burger giant sees an end to the labor shortage

Red Robin CEO Paul Murphy is banking on the labor shortage plaguing his chain — along with most in the fast food industry — ending well before year end.  “We see it [labor shortage] being under control and stabilized by early summer,” Murphy said on Yahoo Finance Live.  Red Robin Gourmet Burgers (RRGB) has had to reduce hours at some locations because of the inability to find new workers in an economy roaring back from the COVID-19 pandemic. In turn, that has weighed on sales for Red… Source link

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Senate Republicans kill Jan. 6 commission on pro-Trump Capitol riot

By a vote of 54-35, the Senate on Friday blocked a bipartisan proposal to create an independent inquiry into what led a violent mob of Trump supporters to storm the U.S. Capitol on Jan. 6, temporarily halting the certification of the 2020 presidential election. Passage of the measure required 60 votes, but just six Republicans joined Democrats to vote in favor of the measure, which was passed in the House last week. “Donald Trump’s big lie has now fully enveloped the Republican Party,” Senate… Source link

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Elon Musk is ‘a competitive advantage’ for Tesla: analyst

Bloomberg Investment Firms Bet Against Cathie Wood’s Top ETF as Tech Faltered (Bloomberg) — Cathie Wood’s recent travails have been a boon for some of her peers in money management.About two dozen investment advisers including Balyasny Asset Management and a unit of Blackstone Group Inc. bought bearish put options during the first quarter on the Ark Innovation exchange traded fund, her firm’s main investment vehicle, regulatory filings show.While money managers often buy puts on ETFs to… Source link

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Why Is Yandex (YNDX) Up 0.3% Since Last Earnings Report?

A month has gone by since the last earnings report for Yandex (YNDX). Shares have added about 0.3% in that time frame, outperforming the S&P 500. Will the recent positive trend continue leading up to its next earnings release, or is Yandex due for a pullback? Before we dive into how investors and analysts have reacted as of late, let’s take a quick look at its most recent earnings report in order to get a better handle on the important drivers. Yandex’s Q1 Earnings Miss Estimates Yandex… Source link

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