Monthly Archives: September 2021

Fed Circ. moves West Texas Google, Sonos patent dispute to Calif.

A logo is seen on the New York Google offices. REUTERS/Andrew Kelly Dispute spans several jurisdictions, including California and ITC California has stronger local interest in the case Federal Circuit ordered Judge Albright to move similar case on Friday (Reuters) – A federal appeals court on Monday moved Google LLC and Sonos Inc’s West Texas patent case in their global dispute over multi-room audio technology to California federal court. The U.S. Court of Appeals for the Federal Circuit said the… Source link

Read More »

Oil prices are rallying — Goldman Sachs says trade these stocks for big gains

There are some bullish trades to put on in the oil patch to ride the new gusher in prices for black gold and natural gas, says Goldman Sachs analyst Neil Mehta.  Mehta reiterated Buy ratings and aggressive upside price targets on oil majors ConocoPhillips (COP) and ExxonMobil (XOM) Monday. The analyst sees ConocoPhillips delivering a 20% return for investors over the next 12 months.  “The company should deliver 30%-40% of cash flow back to shareholders in the form of dividends/buybacks, has… Source link

Read More »

Bond Yield Spike Spurs Growth-Into-Value Rotation: Markets Wrap

(Bloomberg) — As Treasury yields pushed higher after a hawkish tilt from the Federal Reserve last week, some of the world’s largest technology companies continued to sell off. Most Read from Bloomberg A slide in bonds sent the rate on the benchmark 10-year note briefly above 1.5% — a level not seen since June. That’s prompted the tech-heavy Nasdaq 100 to underperform major equity benchmarks. Meantime, economically sensitive companies — like energy, financial and smaller firms –… Source link

Read More »

Yandex search engine to be pre-installed on gadgets in Russia from 2022 – Business & Economy

MOSCOW, September 27. /TASS/. Russian Prime Minister Mikhail Mishustin signed a decree defining the Yandex search engine as the app for pre-installation by default on gadgets sold in Russia since January 1, 2022. The document was posted on Monday on the official web portal of legal information. Furthermore, Yandex.Browser and Kaspersky Internet Security complemented the list of programs compulsory for installation on stationary and portable computers and system units with the operation… Source link

Read More »

Google wants a lot more water and a new tax deal for big data center expansion in The Dalles

Google is negotiating to build two more data centers in The Dalles, seeking access to a lot more water and a new package of tax breaks in exchange for spending hundreds of millions of dollars to expand its facilities on the site of a former aluminum smelter. Neither Google nor the city will say how big the new data centers would be, but they figure to be huge. Google spent $1.8 billion on its server farms along the Columbia River through 2017. Google has expanded steadily in The Dalles since… Source link

Read More »

Google launches sustainable hotel options for eco-friendly travelers

Google is building a feature for travelers to differentiate hotels and resorts that are eco-friendly and  have sustainable practices. During a Google search for hotels, some  on the list now will have a tag that says “Eco-certified” next to a green leaf.  By clicking “Learn More,” and then navigating  to the hotel’s  “About” tab, there should be a “Sustainability” tab that describes what sustainable practices the hotel employs and what certifications it has received. Sustainable… Source link

Read More »

Why the Roth 401(k) is ‘the unsung hero’ of retirement plans

One retirement savings vehicle doesn’t get the attention it deserves, according to one financial expert. The Roth 401(k) is “the unsung hero, if you will, of your retirement plan,” Sun Group Wealth Partners Managing Director Winnie Sun recently told Yahoo Finance Live, especially for her clients whose “No. 1 goal” is to have tax-free savings in retirement. A Roth 401(k) is an employee-sponsored retirement plan that allows you to contribute after-tax earnings versus pre-tax earnings in a… Source link

Read More »

Amazon Target Cut at Morgan Stanley on Impact From Rising Wages

(Bloomberg) — Amazon.com’s price target was cut at Morgan Stanley, which wrote that the online retailer’s profits could come under pressure as a result of a rising headcount and higher wages. Most Read from Bloomberg The firm lowered its target from $4,300 to $4,100, putting it below the average analyst target of $4,157. The new view still points to upside of almost 20% from Amazon’s last close. Morgan Stanley, along with every other firm tracked by Bloomberg, recommends buying the… Source link

Read More »

Billionaire Ray Dalio is Buying These 10 Stocks

In this article, we reviewed Bridgewater Associates founder Ray Dalio’s portfolio adjustment strategies to cope up with the market volatility. We also discussed the top ten stocks billionaire Ray Dalio is buying. You can skip our detailed discussion and jump directly to Billionaire Ray Dalio is Buying These 5 Stocks. Raymond Thomas Dalio’s $223 billion Bridgewater Associates is ranked among the world’s best and largest hedge funds. The 72-year-old investor has invented many commonly used… Source link

Read More »