Not all airline stocks are created equal in the currently topsy-turvy market environment. Renewed volatility in the airline sector should be considered the short-term new normal as traders assess the risk from the new Omicron variant. But there are a few names in the troubled space to consider as longer term buys if one is able to stomach the near-term wild up-and-down swings. Long-time airline sector analyst Helane Becker of Cowen said in a note to clients on Tuesday she continues to have Buy… Source link

Investors should be closely watching for buying opportunities in reopening stocks in the travel and ride-sharing sectors that have been hit hard this past week amid Omicron variant fears, according to EvercoreISI tech analyst Mark Mahaney. “We have processes in place as societies, cultures manage this [the pandemic. If you have a sell-off on the ride-sharing stocks, the travel stocks that is probably a buying opportunity. I find it hard to believe we will have a repeat of the stocks we had… Source link

Twitter (TWTR) founder Jack Dorsey announced on Monday, Nov. 29, that he would be stepping down from his role as CEO after nearly 16 years at the company, with CTO Parag Agrawal filling his shoes. Dorsey will remain CEO of payments platform Square (SQ), a company which he also founded. “Parag is CEO starting today [Nov. 29],” he said in an email with Twitter staff, which he also tweeted. “I’m going to serve on the board through my term (May-ish) to help Parag and Bret [Taylor] with… Source link

Federal Reserve Chairman Jerome Powell said Tuesday that the central bank could end its asset purchase program a few months sooner than currently planned, signaling confidence in the economic recovery despite jitters over the Omicron variant of the coronavirus. “We now look at an economy that is very strong and inflationary pressures that are very high and that means it’s appropriate for us to discuss at our next meeting — which is in a couple weeks — whether it would be appropriate to… Source link

Google will have to turn over documents outlining its anti-union strategy in response to a National Labor Relations Board complaint against the online search giant, according to an order issued Friday. The board first filed its complaint against Google in December 2020, accusing the company of spying on employees, blocking employees from speaking with each other about work conditions and firing several employees in retaliation for attempting to unionize, all of which are illegal under… Source link

The nation’s economic steward said it will back off of using the word “transitory” to describe the fast pace of price increases, as Federal Reserve policymakers acknowledge the increasing risk of more persistent inflation. “We tend to use [the word transitory] to mean that it won’t leave a permanent mark in the form of higher inflation,” Fed Chairman Jerome Powell told Congress on Tuesday. “I think it’s probably a good time to retire that word and try to explain more clearly… Source link

Three ex-Google employees claim that Google has a contractual obligation to abide by its well-known “don’t be evil” policy, and they are suing the company for allegedly terminating them for calling out Google’s “evil” doings, via NPR. “Don’t be evil” has been a part of Google’s Code of Conduct since the early 2000s The former workers Sophie Waldman, Rebecca Rivers, and Paul Duke were fired — in addition to a fourth employee, Laurence Berland — in November 2019 for… Source link

60,000 websites using Cloudflare turned on IndexNow Your privacy means the world to us. We share your personal information only when you give us explicit permission to do so, and confirm we have your permission each time. Learn more by viewing our privacy policy.Ok Source link

Yandex NV (YNDX) is near the top in its industry group according to InvestorsObserver. YNDX gets an overall rating of 40. That means it scores higher than 40 percent of stocks. Yandex NV gets a 70 rank in the Internet Content & Information industry. Internet Content & Information is number 120 out of 148 industries. YNDX has an Overall Score of 40. Find out what this means to you and get the rest of the rankings on YNDX! What do These… Source link

The Los Angeles Rams are going to go through the entire month of November without a win.  That’s a little misleading because the Rams had a bye this month, but it was still a lost month for a team that did not expect to drop many games this season.  We’re two-thirds of the way through the season, and it’s time to wonder what the Rams really are. They’re 7-4, two games behind the Arizona Cardinals in the NFC West and the Cardinals already won at Los Angeles. After a three-game losing streak,… Source link