(Corrects to remove reference to three stocks in fourth paragraph) * Social media stocks rally after strong results * AmEx jumps on blowout Q2 profit * Intel sales forecast implies rocky second half of 2021 * Indexes up: Dow 0.39%, S&P 0.44%, Nasdaq 0.26% By Devik Jain and Shreyashi Sanyal July 23 (Reuters) – Wall Street’s main indexes rose on Friday, helped by megacap technology stocks and strong earnings from social media companies, while a weak sales forecast from Intel hit chipmakers amid… Source link

The key to profitable investing is building a profile that combines powerful potential with an economical point of entry. It’s a strategy that will frequently suggest a closer look at stocks in the micro- and small-cap size range, companies with valuations less than $2 billion. These smaller firms frequently feature share prices below $10, and triple-digit upsides to sweeten the pot. Using TipRanks’ database, we’ve found two stocks that fit this profile: A market cap under $500 million and… Source link

With more COVID hotspots popping up around the country and the Delta variant as the dominant strain, unvaccinated individuals in the U.S. may be more vulnerable than at any other point when vaccines were available amid the pandemic.  “If you are unvaccinated, this is probably the most dangerous point in time of the pandemic to date,” Dr. Sejal Hathi, faculty at Johns Hopkins Bloomberg School of Public Health, said on Yahoo Finance Live (video above). “It’s incredibly important that… Source link

When Amazon (AMZN) Chairman Jeff Bezos stepped down as CEO earlier this month and wasted no time launching into space, some may have wondered when Facebook (FB) CEO Mark Zuckerberg would step down from the tech giant he founded. In fact, Zuckerberg is already starting to prepare for his own exit, says Cecilia Kang, a New York Times technology reporter and co-author of a new insider account of Facebook called, “An Ugly Truth: Inside Facebook’s Battle for Domination.” Kang, whose book draws on… Source link

A man walks past the logo of the US multinational technology company Google during the VivaTech … [+] trade fair ( Viva Technology), on May 24, 2018 in Paris. (Photo by ALAIN JOCARD / AFP) (Photo credit should read ALAIN JOCARD/AFP via Getty Images) AFP via Getty Images Alphabet (Google) (NASDAQ: GOOG) is scheduled to report its fiscal Q2 2021 results on Tuesday, July 27. We expect GOOG to beat the consensus estimates for revenues but miss for earnings. The company has reported… Source link

Google’s parent-company Alphabet has a birth to announce: a new company called Intrinsic which will focus on building software for industrial robots. The subsidiary will be one of Alphabet’s “other bets” — relatively speculative firms focusing on new technology like Waymo (self-driving cars), Wing (delivery drones), and Verily (healthcare and biotech). Details on what exactly Intrinsic is building or who its customers will be are unclear. A blog post from the company’s new… Source link

Image: Google / Studio 4°C Today isn’t the first time a Google Doodle has been a game, but this is surely the most intricate so far. This Friday morning, if you open a new Chrome page or begin a search, you can click on a pixel-art icon that starts an Olympic-themed JRPG, complete with anime sequences by Studio 4°C, played right in your browser. With the Olympic opening ceremony taking place in Tokyo today, the year-delayed and still very controversial sporting event takes place under a… Source link

Google Drive is adding the ability for users to block other accounts from sharing files with them, in a move that’s designed to prevent potential harassment and spam on the platform. The feature, which is rolling out over the next two weeks, also stops accounts from accessing any files you’ve shared with them in the past, and removes any of their past files from your drive. “Drive’s sharing capabilities fuel productivity and collaboration, but bad actors can abuse tools that are… Source link

(Bloomberg) — Billionaire hedge fund manager Alan Howard paid $59 million for a Manhattan townhouse in March. Just two months later he obtained a $30 million mortgage from Citigroup Inc. Denis Sverdlov, worth $6.1 billion thanks to his shares in electric-vehicle maker Arrival, recently pledged part of that stake for a line of credit from the same bank. For Edgar and Clarissa Bronfman the loan collateral is paintings by Damien Hirst and Diego Rivera, among others. Philippe Laffont, meanwhile,… Source link

Bottom line: The hard seltzer boom is over. Shares of Boston Beer crashed 20% in pre-market trading on Friday as the maker of Truly hard seltzer and Sam Adams badly whiffed on its earnings expectations and slashed full-year guidance. The culprit: Execs overestimated the potential of the hard seltzer market, which continues to slow amid rising competition and people returning to bars coming out of the COVID-19 pandemic as Yahoo Finance has reported.  “We overestimated the growth of the hard… Source link