Chinese visitors look at model residential apartment buildings at a house fair in Nanjing city, east Chinas Jiangsu province, 8 April 2008. Chinese government on October 22 stepped in to bolster the ailing real estate market by lowering transaction taxes, reducing down payments and lowering mortgage rates. But analysts said the measures may not hold back price corrections because the current prices have surged far out of reach of many buyers. The Ministry of Finance and the central bank… Source link

Facebook. Apple. Amazon. Netflix. Google. Five Big Tech giants known in investing circles simply as FAANG for years. That was until Mark Zuckerberg channeled his inner meta on Thursday.  The FAANG investing acronym was created in 2013 by Jim Cramer, the founder of TheStreet (full disclosure, my former boss who also created the term “Cloud Kings“). It was both catchy as hell and true to form for the companies it represented.  Think of a fang on a rabid dog and it’s not unlike all five tech… Source link

Yandex N.V. [NASDAQ: YNDX] gained 6.52% on the last trading session, reaching $83.10 price per share at the time. The company report on October 27, 2021 that Yandex Announces Third Quarter 2021 Financial Results. Yandex (NASDAQ and MOEX:YNDX), one of Europe’s largest internet companies and the leading search and ride-hailing provider in Russia, announced its unaudited financial results for the third quarter ended September 30, 2021. 3 Tiny Stocks Primed to Explode The… Source link

Reuters U.S. congresswoman Greene bought Trump SPAC shares (Reuters) -U.S. Representative Marjorie Taylor Greene, an ally of Donald Trump, bought as much as $50,000 worth of shares in the special purpose acquisition company (SPAC) that has agreed to merge with the former president’s new social media venture. Greene bought shares worth between $15,001 and $50,000 on Oct. 22, the day they rose in value by as much as 1,650% from what they were worth before the deal, as amateur traders and Trump… Source link

After what seems like an eternity of leaks, teases, and two reveals, the Pixel 6 and 6 Pro are finally on sale. But Google seems to be running very low on inventory, as the company now offers waitlists so you can be notified of when the phone will be available again. Right at the top of the Pixel 6 Pro page on the Google Store, there’s a now banner advertising the waitlist. “Due to high demand, some Pixel 6 Pro models may be out of stock or have long delivery times,” the company… Source link

Happy Halloween! Get your costumes ready for a spooktacular Week 8 edition of “Fantasy Football Live,” where we’ll tackle all the tough sit-start questions, latest betting picks and preview the Sunday night tilt between the Cowboys and Vikings. Will Jerry Jeudy return from injury with a splash? What single-game DFS options should be rostered between the Giants and Chiefs for their Monday night matchup? Andy Behrens, Liz Loza, Matt Harmon, Tank Williams, and Minty Bets will cover all that and,… Source link

Stock futures dipped Thursday evening, with investors eyeing a couple of disappointing earnings results from Apple (AAPL) and Amazon (AMZN) that punctuated an otherwise solid quarterly reporting season from many major companies.  Contracts on the S&P 500 fell, pulling back after the blue-chip index set a record closing high on Thursday. Nasdaq futures underperformed amid the drawdown in the big technology names. Amazon shares dropped in late trading after the e-commerce juggernaut missed… Source link

WASHINGTON — Cleaner sources of energy, harvested by machinery made in the United States. Early childhood education subsidized by the federal government. Cheaper hearing aids and expanded health care coverage. A million units of affordable housing. Those are just some of the “truly consequential” changes Americans will see if President Biden’s $1.75 trillion Build Back Better agenda survives the meat grinder of Capitol Hill, he said on Thursday. “We will own the future,” Biden… Source link

Apple, the world’s most valuable tech company, reported record revenue for a September quarter — but its stock slid after sales fell short of expectations and execs warned of ongoing supply-chain problems. The company posted $83.4 billion in revenue, up 29% year over year, and net income of $20.6 billion (or quarterly earnings per diluted share of $1.24). Wall Street analysts on average had pegged Apple revenue to come in at $84.85 billion and EPS at $1.24. Click here to sign up for… Source link

Starbucks (SBUX) posted fiscal fourth-quarter earnings results that mostly missed Wall Street estimates, but the coffee giant reported a spike in active Starbucks reward members as the fast food industry leans into digital in an effort to boost sales and drive customer loyalty. Here’s what the Seattle-based company reported, compared to Wall Street estimates, according to a Bloomberg consensus estimates: Revenue: $8.1 billion versus $8.22 billion expected Adj. earnings per share (EPS): $1.00… Source link