Yearly Archives: 2021

A guide to the ‘GameStop’ hearing

On Thursday the House Financial Services Committee will heat up the grill for five players in l’affaire GameStop (GME), late January’s stock market spectacle that saw the stock of the video game retailer skyrocket from the teens to well over $300 — and back down again to the mid-$40s. There has been a lot of confusion, conspiracy theories, complex market dynamics, loss, gain, and drama, and Congress hopes to clear up some of these things. Expect questions about conflicts of interest,… Source link

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Yandex (YNDX) Q4 Earnings Beat Estimates, Revenues Rise Y/Y – February 18, 2021

Yandex N.V. (YNDX Quick QuoteYNDX – Free Report) reported fourth-quarter 2020 adjusted earnings of 23 cents per share, whereas the Zacks Consensus Estimate was pegged at a loss of 4 cents per share. However, the figure declined 14.8% sequentially and8% year over year. Revenues of $969.2 million (RUB 71.6 billion) lagged the Zacks Consensus Estimate of $1.02billion. In ruble terms, the figure rose 39% on a year-over-year basisand 22.8% from the previous quarter. The… Source link

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Yandex to spend $400-500 million on e-commerce

Russia’s Yandex, which on Tuesday reported a 2% rise in 2020 net profit, plans to spend $400 million-$500 million on an e-commerce push this year to help annual revenue reach 305-320 billion roubles ($4.1-4.3 billion), its finance chief said, Reuters reports. Yandex’s core advertising business took a hit during the early stages of the COVID-19 pandemic, but surging interest in online transactions allowed other segments of its business to flourish, including food delivery and… Source link

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Stock futures point to a slightly lower open

TipRanks JP Morgan Says These 3 Gold Stocks Could Surge 40% (Or More) Let’s talk about gold. The precious metal is the traditional safe haven investment, backed by its use – starting 5,000 years ago – as a reliable store of value. Investors looking to protect their portfolio and secure their wealth traditionally bought heavily into gold, and the price of gold has sometimes been used as a proxy (albeit an inverse one) for general economic health. In a recent report, investment firm JP… Source link

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Walmart raises wages for 425,000 associates, about half of U.S. employees now earn $15 per hour – Yahoo Finance

TipRanks J.P. Morgan Says These 3 Gold Stocks Could Surge 40% (Or More) Let’s talk about gold. The precious metal is the traditional safe haven investment, backed by its use – starting 5,000 years ago – as a reliable store of value. Investors looking to protect their portfolio and secure their wealth traditionally bought heavily into gold, and the price of gold has sometimes been used as a proxy (albeit an inverse one) for general economic health. In a recent report, investment firm J.P…. Source link

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The U.S. economy continues to surprise: Morning Brief – Yahoo Finance

TipRanks JP Morgan Says These 3 Gold Stocks Could Surge 40% (Or More) Let’s talk about gold. The precious metal is the traditional safe haven investment, backed by its use – starting 5,000 years ago – as a reliable store of value. Investors looking to protect their portfolio and secure their wealth traditionally bought heavily into gold, and the price of gold has sometimes been used as a proxy (albeit an inverse one) for general economic health. In a recent report, investment firm JP… Source link

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Facebook to Label Climate Change Posts Like Covid, Vote Content

TipRanks 2 “Strong Buy” Penny Stocks That Could Rally Over 100% Bank of America has a strong reputation for keeping finger on the pulse of the financial world – and one of its key tools is the Global Fund Manager Survey, conducted monthly and seeking opinions from more than 200 hedge fund, mutual fund, and pension fund managers who hold a combined $645 billion in AUM. It’s the largest regularly conducted survey of its kind. And BofA most recent findings show that Big Money is feeling… Source link

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Yahoo DFS Basketball: Thursday Picks

Thursday has the makings of a quiet night in the NBA with only three games on the schedule. Still, there is money to be won on Yahoo, so let’s dive into some players to consider for your entries, as well as a few to possibly avoid. GUARDS Fred VanVleet, TOR at MIL ($36): These two teams just played each other Tuesday, a matchup in which VanVleet scored 50.3 Yahoo points. The only other time that these two teams faced each other this season, VanVleet scored 50 Yahoo points. With the expectation… Source link

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EXPLAINER: What’s up between Google, Facebook and Australia?

For two decades, global news outlets have complained internet companies are getting rich at their expense, selling advertising linked to their reports without sharing revenue By JOE McDONALD AP Business Writer February 18, 2021, 8:59 AM • 4 min read BEIJING — For two decades, global news outlets have complained internet companies are getting rich at their expense, selling advertising linked to their reports without sharing revenue. Now, Australia is joining France and other governments in… Source link

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Yahoo DFS Hockey: Thursday Picks

We’ve had quite a few games postponed due to COVID-19 in this NHL season, but recently the weather has been the culprit. The Stars have had their third game in a row put on the back burner due to the weather down in Texas. However, there are still nine NHL games Thursday, leaving plenty of options for your daily fantasy lineup. Here are some players to target, and to avoid, for your roster. GOALIE Cal Petersen, LOS at ARI ($29): It seems like the Jonathan Quick era is over in Los Angeles…. Source link

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