Yahoo News

Wall Street expects a year-over-year decline in earnings on lower revenues when Imperial Oil (IMO) reports results for the quarter ended June 2020. While this widely-known consensus outlook is important in gauging the company’s earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates. The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on… Source link

There’s a well-established bubble in the tech sector, but it’s not in the well-known FAAMNG club. Facebook (FB), Apple (AAPL), Amazon (AMZN), Microsoft (MSFT), Netflix (NFLX) and Google (GOOG) have buoyed the market amid the coronavirus health pandemic and economic crisis. But the bubble isn’t brewing in the mega-cap names, according to Andrew Slimmon, a managing director and senior portfolio manager at Morgan Stanley. “The key difference between 2000 and today is that in 2000, the… Source link

Stocks fell Friday morning as relations between the US and China were tested further, and after a handful of companies reported quarterly results that disappointed Wall Street. China on Friday ordered that the US close its consulate in the populous city of Chengdu, in response to the Trump administration’s directive to force Beijing to shut down its consulate in Houston earlier this week. Meanwhile, declines in the 30-stock Dow came as shares of Intel and American Express dropped Friday… Source link

(Bloomberg) — Intel Corp. Chief Executive Officer Bob Swan spent almost an hour on Thursday discussing an idea that would once have been unthinkable for the world’s largest semiconductor company: Not manufacturing its own chips. Intel’s shares tumbled as much as 18% Friday morning.Outsourcing is the norm in the $400 billion industry nowadays, but for 50 years Intel has combined chip design with in-house production. And until recently, Intel was even planning to churn out processors for… Source link

Yahoo Sports is committed to finding you the best products at the best prices. We may receive a share from purchases made via links on this page. Pricing and availability is subject to change. After much anticipation, the latest Air Jordan 12s are scheduled to make their nationwide debut on Friday. The colorway, similar to previous launches, features just two colors: black and this time, a bold, “University Gold” contrast. Designed by Tinker Hatfield, the construction features a black… Source link

Our goal is to create a safe and engaging place for users to connect over interests and passions. In order to improve our community experience, we are temporarily suspending article commenting. In the meantime, we welcome your feedback to help us enhance the experience. Source link

Our goal is to create a safe and engaging place for users to connect over interests and passions. In order to improve our community experience, we are temporarily suspending article commenting. In the meantime, we welcome your feedback to help us enhance the experience. Source link

Donald Trump in 2000 with, from left, his then-girlfriend Melania Knauss, Jeffrey Epstein and Ghislaine Maxwell. (Davidoff Studios Photography / Getty Images) At President Trump’s news conference Tuesday, which was supposed to be about COVID-19, he was asked an easy question. Not about the pandemic. Not about reopening schools. About Ghislaine Maxwell, alleged accomplice of Jeffrey Epstein, who died in prison by suicide one year ago, or so official reports say, before he could be tried on… Source link

A household rodent treatment that is readily available in supermarkets has been linked to the sad death of a female possum, leaving her joey an orphan. Wildcare Australia, a not-for-profit wildlife careers organisation in South-East Queensland, responded to a call out for a brushtail possum and her joey sitting in the the middle of a garden bed during the day. The uncommon sight of a nocturnal animal sitting in broad daylight raised a red flag for the carers. While the mother possum was… Source link

Washington (AFP) – Billionaire philanthropist Bill Gates on Thursday pushed back against some of the conspiracy theories spreading online accusing him of creating the coronavirus outbreak. “It’s a bad combination of pandemic and social media and people looking for a very simple explanation,” the Microsoft founder said during a CNN Town Hall interview. Doctored photos and fabricated news articles crafted by conspiracy theorists — shared thousands of times on social media platforms and… Source link