Google parent Alphabet (GOOG, GOOGL) will report its Q4 earnings after the closing bell on Tuesday. The search giant will likely face fewer headwinds in the online advertising space than social media platforms like Facebook (FB) and Snapchat (SNAP), which have been slammed by changes to Apple’s (AAPL) iOS privacy settings. Here’s what Wall Street is expecting of the company in the quarter, as compiled by Bloomberg, compared to its performance in the same quarter last year. Revenue ex-TAC… Source link
Read More »Jeff Garcia retreats after Mina Kimes proven right about 49ers
It’s so ironic, and also … let me find just the right word … so darn gratifying. A man who spent the whole week demeaning a woman, going on any platform that would have him to criticize her, turning tail and hiding when he got pushback for being sexist and loud and wrong. It served absolutely no purpose last week to highlight the outdated-yet-still-breathing brand of misogyny employed by Jeff Garcia, because it wasn’t new. Garcia wasn’t the first man to cry that a woman who never played… Source link
Read More »Corporate ‘price gouging’ is fueling inflation
Progressive Congresswoman Alexandria Ocasio-Cortez (D-NY) told Yahoo Finance in an exclusive interview that corporate “price gouging” has fueled inflation, placing the blame largely on dominant companies that hike prices and rake in profits without fear of competition. She strongly rejected claims that government stimulus in response to COVID-19 has caused the price spike, warning that such a diagnosis of the problem could lead to spending cuts with dire consequences for millions of people… Source link
Read More »The case for Google ordering
Photo illustration by Nico Heins Welcome to RB’s weekly roundup of the latest in restaurant technology. To get this and other tech news sent right to your inbox every Wednesday, click here. I have written frequently about Google ordering over the past year or so. I thought it would be one of the biggest trends of 2021, and at the end of the year I was a bit surprised that I wasn’t hearing more about it. The feature added in 2018 allows customers to order from a restaurant within… Source link
Read More »Supply chain issues will ease ‘later this summer:’ Cetera CIO
The Federal Reserve met last Wednesday, Jan. 26, holding interest rates near zero but reiterating its intentions to raise them later this year in an effort to quell record inflation. One factor contributing to the surging inflation levels continues to be global supply chain issues — a problem that the Fed does not have a significant amount of influence over and one that may extend well into 2022. According to Cetera Investment Management CIO Gene Goldman, however, the easing of supply-chain… Source link
Read More »What history says about S&P 500’s performance after its craters
History shows it has paid off to buy stocks after major plunges. An investor buying the S&P 500 (^GSPC) 10% below its high, regardless of whether it was the trough, would have netted a median return of 15% over the next 12 months, according to new research going back to 1950 from Goldman Sachs (GS) strategist David Kostin. Kostin notes there have been 33 S&P 500 corrections of 10% or more since 1950. The median episode has lasted roughly 5 months and encompassed a peak-to-trough decline of… Source link
Read More »Here’s what 7 rate hikes from the Fed may do to the stock market
If the Federal Reserve raises interest rates seven times this year as Bank of America head of global economics Ethan Harris predicted in a new call, the stock market won’t be immune from those hikes. “I think it’s a flattish market, to be honest,” Harris told Yahoo Finance Live on Monday. “I think for now we have had the near-term corrections and the markets had to deal with the fact that the Fed isn’t going to be completely friendly going forward. They helped drive the stock market. Now they… Source link
Read More »What to Look For From GOOGL
Key Takeaways Analysts estimate EPS of $27.14 vs. $22.30 in Q4 FY 2020. Traffic acquisition costs are expected to rise YOY. Revenue is expected to increase, but at its slowest pace in four quarters. Google parent Alphabet Inc. (GOOGL) has had an exceptional 2021 fiscal year thus far, with profits and revenue growing at a rapid pace during the first three quarters. Google, like other big technology companies, has benefitted from greater online activity during the COVID-19 pandemic…. Source link
Read More »Stocks mixed ahead of busy week of earnings, data
Stocks were mixed Monday as traders looked ahead to another packed week of corporate earnings results and economic data in the wake of the Federal Reserve’s latest monetary policy pivot. The S&P 500 and Dow declined, while the Nasdaq gained just after the opening bell. Treasury yields edged slightly higher on the long end of the curve, with the benchmark 10-year yield edging back above 1.8%. U.S. crude oil prices built on recent gains after rising for a sixth straight week. January marked a… Source link
Read More »Google’s paid leave, vacation policies adapt to the COVID burnout era
Google’s paid leave, vacation policies adapt to the COVID burnout era | Fortune … Source link
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