Two components of the FAANG group of stocks are Facebook and Alphabet, parent of Google. Both tech giants report third-quarter earnings on Thursday. Over the long term, both companies have been extremely strong outperformers with long growth runways, high margins, and huge returns on capital. However, both… Source link

TipRanks The Bottom Is in for These 3 Stocks? Analysts Say ‘Buy’ Markets are down, but not collapsing. Investors remain worried about the coronavirus, and Tuesday’s election remains up in the air. Uncertainty rules the day, exacerbated by recent market losses. Wall Street, however, expects that the bulls will start running again after next week’s results – who wins will be less important than having a result.In the meantime, market declines and low share prices make for a prime time… Source link

The hearing comes less than a week before the US election and as social media companies have been bracing for an onslaught of misinformation and disinformation. In recent days, Facebook and Twitter have both taken action to slow the spread of some content, bringing about allegations of bias, censorship and even election interference. In a video released ahead of the hearing, the Senate Commerce Committee highlighted what it says are examples of social platforms’ actions against conservative… Source link

Apple’s launch promotional material of the New iPhone12 Pro seen displayed on a mobile phone screen with an Apple logo in the background. Pavlo Gonchar | LightRocket | Getty Images LONDON — Apple has quietly increased its efforts to develop its own search technology for iPhones, according to a report by The Financial Times (FT), as regulators scrutinize the multibillion-dollar payments that Google makes each year to ensure that its search engine is installed as a default search tool.  When… Source link

Baseball crowned a champion on Tuesday night. It also created a confusing and reckless set of circumstances. The league ordered the Dodgers to remove third baseman Justin Turner from the Game Six of the World Series in the eighth inning, after receiving confirmation that he had tested positive for COVID-19. Setting aside the question of how he got it in the postseason bubble created in Arlington, and whether others in the L.A. organization are squarely in the incubation period, the far bigger… Source link

SCHIPHOL, Netherlands (AP) — Yandex NV (YNDX) on Wednesday reported third-quarter net income of $278 million. The Schiphol, Netherlands-based company said it had net income of 77 cents per share. Earnings, adjusted for non-recurring gains, came to 27 cents per share. The Russian search engine posted revenue of $732.1 million in the period. Yandex shares have increased 37% since the beginning of the year. The stock has risen 77% in the last 12 months. Copyright by Automated Insights, Inc. All… Source link

TipRanks 3 Stocks Flashing Signs of Strong Insider Buying For investors, finding the right sign is part of the game. Stocks don’t necessarily pick themselves, and the investors who do pick them need to know that they’re making the right choice. Fortunately for investors – and the safety of their portfolios – there are reliable signals that a stock is worth buying. One of the best is the insider buying.Insiders are corporate officers, deeply invested in their company’s success or… Source link

Wednesday, October 28, 2020 Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe But economists still warn a slowdown is coming. U.S. economic data continues to impress. On Tuesday, durable goods orders for September, and Richmond Federal Reserve data for October, showed the manufacturing sector continues to top expectations. Durable goods orders rose 1.9% while core orders rose 0.4%. Economists noted the headline figure was flattered by orders in… Source link

MOSCOW and AMSTERDAM, Oct. 28, 2020 (GLOBE NEWSWIRE) — Yandex (NASDAQ and MOEX: YNDX), one of Europe’s largest internet companies and the leading search and ride-hailing provider in Russia, today announced its unaudited financial results for the third quarter ended September 30, 2020. Reorganization of Yandex.Market & Yandex.Money JVs and Restructuring of MLU B.V. On July 23, 2020 Yandex and Sberbank closed the transactions to reorganize their two Joint Ventures –… Source link

MOSCOW and AMSTERDAM, Oct. 28, 2020 (GLOBE NEWSWIRE) — Yandex (NASDAQ and MOEX: YNDX), one of Europe’s largest internet companies and the leading search and ride-hailing provider in Russia, today announced its unaudited financial results for the third quarter ended September 30, 2020. Reorganization of Yandex.Market & Yandex.Money JVs and Restructuring of MLU B.V. On July 23, 2020 Yandex and Sberbank closed the transactions to reorganize their two Joint Ventures –… Source link