How much a stock’s price changes over time is a significant driver for most investors. Not only can price performance impact your portfolio, but it can help you compare investment results across sectors and industries as well. Another thing that can drive investing is the fear of missing out, or FOMO. This particularly applies to tech giants and popular consumer-facing stocks. What if you’d invested in Apple (AAPL) ten years ago? It may not have been easy to hold on to AAPL for all that time,… Source link

The Pixel 5A 5G, Google’s midrange counterpart to last year’s Pixel 5, has been spotted in the FCC’s database, suggesting a release might not be far away. Android Police, which first saw the two listings, reports that none specifically mention the name “Pixel 5A” but that at least one of the three model numbers (GR0M2) lines up with previous reports about the barely announced phone. Android Police speculates that one of the models (G1F8F) is the version of the phone destined for… Source link

(Bloomberg) — Philip Morris International Inc. agreed to buy U.K. asthma drug maker Vectura Group Plc for $1.2 billion, one of the biggest moves yet by a tobacco company toward treating conditions that its cigarettes can help cause. Philip Morris is offering 150 pence in cash for every Vectura share, the companies said in a statement Friday. That’s 11% higher than Thursday’s closing price, and beats an offer from Carlyle Group Inc. that management had agreed to in May. Vectura shares… Source link

SURFSIDE, Fla. (AP) — When the coronavirus ravaged Florida, Gov. Ron DeSantis defiantly bucked mask mandates. He later cracked down on protesters advocating racial justice, blasted President Joe Biden on immigration, jumped into the fight over transgender athletes and signed sweeping legislation to toughen voting rules. But after a deadly building collapse, the Republican governor is largely hitting pause on the culture wars. In the two weeks since a 12-story condo tower in this coastal… Source link

Yandex NV, the Dutch-domiciled Russian multinational internet company, often dubbed as the Google of Russia, had launched an e-scooter rental service in Moscow on Wednesday in a bid to draw fresh liquids amid a ballooning demand-surge across the city, an auspicious eavesdropping on to a new source of revenues. In point of fact, latest Yandex NV move to roll out an e-scooter rental service into Moscow, the Russ capital housing more than 12.5 million people, came forth at a… Source link

Mobile food ordering and delivery platform Grubhub, has partnered with Yandex Self-Driving Group (SDG), an autonomous vehicle developer, for a multi-year partnership that will see Yandex become Grubhub’s robot delivery provider on college campuses. The partnership will enable Grubhub university clients to deploy Yandex robots on campus for faster, more cost-effective deliveries that complement Grubhub’s existing delivery capabilities for colleges and universities. This will be… Source link

Stocks can flirt with a price bottom for a lot of reasons. Usually, however, investors will assume that there is something fundamentally unsound about the stock, or the company. Perhaps its business model is flawed, perhaps its product has grown unpopular – these, and many more factors can drive the share price down. But sometimes, perhaps just as often, a stock price will fall when there is no underlying unsoundness. A spate of bad news, a quarter that misses expectations, or a bad sales… Source link

Stock futures opened lower Thursday evening to extend a risk-off mood in markets, with the three major indexes pulling back from record levels as concerns over the pace of the economic recovery flared.  Contracts on the S&P 500 ticked down. The index closed lower by 0.9% during the regular trading day, with the financials and industrial sectors coming in as the biggest laggards. The Dow and Nasdaq each also dropped during the session, but closed well off intraday lows. U.S. equity investors… Source link

This story has been updated to include a statement from the Education Department. The Pennsylvania Higher Education Assistance Agency (PHEAA) — a national student loan servicer that has been criticized for failing to forgive the debts of public servants — is planning to exit the federal student loan servicing business in December of this year. PHEAA, which administers the Public Service Loan Forgiveness (PSLF) program and operates as FedLoan Servicing, has notified the Education Department… Source link

It’s far from a market in turmoil, but a day after stocks touched record highs it is a market getting drilled with some valid fears. The Dow Jones Industrial Average tanked nearly 500 points in early afternoon trading Thursday as investors showed concern that the plunge in the 10-year Treasury yield was signaling an economic growth slowdown later this year. Driving that potentially dreaded macroeconomic slowdown would be two factors, traders reasoned. First, the Delta variant of COVID-19 that… Source link