TipRanks Analysts Say ‘Buy the Dip’ in These 3 Stocks Smart stock investing shouldn’t be emotional, but investors are only human, after all, making it difficult to follow a rational trading strategy. Investors should remember the advice of Warren Buffett: “We simply attempt to be fearful when others are greedy and to be greedy only when others are fearful.” What Buffett is advocating is the oldest of market advice: buy low and sell high. Taking this into consideration, we set out on… Source link
Read More »Google to invest $7 billion in bet on post-pandemic office
Google says it is doubling down on the office. The Alphabet Inc GOOG, +0.53%. unit said it would spend $7 billion this year on expanding its footprint of offices and data centers across the U.S., including pouring $1 billion into its home state of California. The search-engine giant said it would hire at least 10,000 new full-time staff over the course of the year in anticipation of a post-pandemic recovery in the U.S. The spending… Source link
Read More »Antitrust enforcement threat ‘not new for Google’
Five more attorneys general joined a lawsuit against Google (GOOG, GOOGL) this week accusing it of “antitrust evils” tied to its ad tech business, escalating one of three antitrust cases faced by the search giant in the U.S. The move follows revelations earlier this month that the Biden administration will add high-profile big tech critic Tim Wu and nominate prominent antitrust scholar Lina Khan to the Federal Trade Commission (FTC). Despite the increased regulatory pressure, Google Chief… Source link
Read More »Pitchers to fade at Yahoo ADP
Although fantasy baseball is a complicated game, those who win their leagues are typically the ones who figure out their pitching staff without making excessive investments. For this reason, the pitcher selections you make on draft day are your most important ones. With fewer pitchers than hitters on a roster, each pitcher factors greatly into overall ratios and cumulative totals. There is little room for error with pitcher picks, which is why I will steer clear of the following nine hurlers Source link
Read More »Yandex internal security team uncovers data breach
Yandex (NASDAQ and MOEX: YNDX), one of Europe’s largest internet companies and the leading search and ride-hailing provider in Russia, today announced that a data breach had been discovered during routine screening by Yandex’s security team. An internal investigation revealed that an employee had been providing unauthorized access to users’ mailboxes for personal gain. The employee was one of three system administrators with the necessary access rights to… Source link
Read More »Quadruple Witching Moves Jump-Start Stock Market Volume
(Bloomberg) — Equity traders frustrated by recent sleepy volumes are getting a big liquidity boost. Stock transactions spiked Friday amid a quarterly event colloquially known as quadruple witching, when options and futures on indexes and equities expire. As of 11:05 a.m. in New York, volume on S&P 500 stocks was 24% above the average for that time of day over the past 30 sessions as the benchmark almost erased an earlier loss of 0.7%. The event usually brings single-day volumes that rank… Source link
Read More »Tech Leads Stocks Higher; Yields Retreat From Peak: Markets Wrap
(Bloomberg) — Technology shares rose and Treasury yields retreated from the highest levels of the day as investors weighed the risk of inflation with economic growth accelerating. The yield on the benchmark 10-year Treasury had spiked earlier after the Federal Reserve let a capital break for big banks expire. Crude oil rebounded after tumbling Thursday. The S&P 500 edged higher, led by the energy and communication services sectors. JPMorgan Chase & Co. and other banks weighed on the Dow Jones… Source link
Read More »How Covid-19 Supercharged the Advertising ‘Triopoly’ of Google, Facebook and Amazon
When the pandemic upended the economy last year, companies took a hard look at their advertising plans. Oreos maker Mondelez International Inc. MDLZ 0.19% shifted money meant for TV commercials during March Madness basketball and the summer Olympics into digital platforms. A hefty chunk went to Alphabet Inc.’s GOOG -0.11% Google, which offered data on what locked-down snack lovers were… Source link
Read More »Bitcoin Could Boom 430% but Ethereum May Still Steal its Thunder
Bitcoin believers may have new reason to rejoice following the stimulus checks, but Ethereum has use cases on its side. U.S. President Joe Biden’s $1.9 trillion COVID Relief Bill has passed congress and stimulus checks are soon to be distributed. Early signs indicate recipients are ready to buy Bitcoin. A survey by Mizuho Securities showed that out of 235 participants who expect to receive stimulus checks from the COVID Relief Bill, 10% are interested in investing in Bitcoin. It’s a small… Source link
Read More »Fed to restore bank capital requirements relaxed during COVID as markets stabilize
TipRanks Analysts Say ‘Buy the Dip’ in These 3 Stocks Smart stock investing shouldn’t be emotional, but investors are only human, after all, making it difficult to follow a rational trading strategy. Investors should remember the advice of Warren Buffett: “We simply attempt to be fearful when others are greedy and to be greedy only when others are fearful.” What Buffett is advocating is the oldest of market advice: buy low and sell high. Taking this into consideration, we set out on… Source link
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