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TipRanks 2 “Strong Buy” Stocks From Oppenheimer’s Top Analysts Both the S&P 500 and the Dow Jones average have closed at record highs, and the NASDAQ has reversed the brief foray it took into correction territory in the second week of March. The market gains reflect several factors: relief that the $1.9 trillion COVID aid bill passed Congress and was signed by the President; a general optimism that the ongoing vaccination program will allow a normal economic environment sooner rather… Source link

Hannah Mitchell – Thursday, March 18th, 2021 Print  | Email Big Tech has put in its best efforts to be involved in the vaccine rollout, with Google, Facebook and Apple creating tools to help get people vaccines. Here are three tools Big Tech has created to get people vaccines: Google: Google was the first of the three to launch a vaccine finder tool in late January. Google launched new tools in Google Search and Maps to show where COVID-19 vaccine locations… Source link

Spotify launched a new website Thursday addressing questions on how it pays out royalties, but failed to dampen mounting anger from musicians struggling to survive in the streaming era. “Artists deserve clarity about the economics of music streaming,” Spotify said on its new Loud & Clear site, adding that it aims to “increase transparency by sharing new data on the global streaming economy and breaking down the royalty system, the players, and the process”. It said 13,400 artists had generated… Source link

Bloomberg SoftBank Seeks $1.2 Billion in Greensill Collapse (Bloomberg) — Greensill Capital owes $1.15 billion to SoftBank Group Corp., people familiar with the matter said, as the Japanese institution emerges as one of the main creditors to the collapsed supply chain finance firm.A total value of claims for more than A$1.75 billion ($1.35 billion) was submitted on behalf of Greensill’s creditors, administrator Grant Thornton said in a statement Friday after a call between creditors… Source link

Performance coaches from at least three women’s college basketball teams called out the NCAA this week for the unequal access it has provided to weight rooms and equipment during March Madness. Men’s teams have access to a full weight room at their NCAA tournament in Indiana. Women’s teams, on the other hand, don’t have access to a weight room of any kind until the Sweet 16, multiple coaches said. In the meantime, coaches said, their accommodations are meager. Women’s basketball “only has… Source link

Google this week announced its was cutting the commissions it charges Android app developers who publish on its Google Play marketplace, following a similar move by Apple last year aimed at fending off antitrust claims. According to Google’s own estimates, 99% of its developers who sell goods and services would see their fees cut in half, as a result of the move that reduces the 30% commission to 15% on the first million dollars a developer earns. Now, data shared by App Annie helps… Source link

Google has announced it will invest $600 million in expanding its data center footprint in Loudoun, according to the Loudoun Department of Economic Development, adding to its $1.2 billion investment in Loudoun so far. “I’m thankful to Google for choosing to do business in Loudoun,” stated Supervisor Tony R. Buffington (R-Blue Ridge). “Their investment is mutually beneficial as it helps keep taxes low for our residents while ensuring a high quality of life for their employees…. Source link

The IRS extended the filing deadline for 2020 taxes from April 15 to May 17, giving American taxpayers an extra month to prepare their returns. For the procrastinators, this may be welcome news, but not everyone should take advantage of the extra time. In some cases, filing early is advantageous. Read more: Tax Tips, Free Tools & How To’s One factor to keep in mind is stimulus checks. The IRS uses the information it has on hand to determine your eligibility for a stimulus. If your income in… Source link

“It’s incumbent on the FTC to bring hard cases in all areas, not just in tech, not just in platforms,” she said. “We need to go back and take a look at our past analysis, figure out where our analytical tools are lacking, where our predictions were wrong and what we need to do better going forward.” In an earlier part of her testimony, Slaughter said: “It is clear we have a deterrence problem.” Not so fast: Republican FTC Commissioner Noah Phillips declined to weigh in on whether the… Source link

A strong case could still be made to long stocks even as rising 10-year yields continue to place pressure on certain sectors of the markets, argues Merrill Lynch strategists. “We think the three pillars of the bull market are firmly in place — massive free liquidity, an exceptionally strong EPS growth cycle and substantial market breadth,” Merrill Lynch equity strategists Ajay Singh Kapur and Ritesh Samadhiya co-wrote in a research note on Thursday. They believe a “bullish cocktail” for… Source link