What to know in the week ahead

undefined Traders this week are gearing up for another packed week of quarterly earnings results. The vast majority of companies that have so far reported results have handily beaten expectations, even after a series of upward revisions over the past couple months. As of Friday, 59% of the S&P 500 has so far reported fourth-quarter results, according to data from FactSet. Of these, 81% of companies beat earnings expectations, which would tie it for the second-highest percentage of earnings… Source link

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It’s ‘delusional’ for Biden to use Defense Production Act for vaccines: Expert

The Biden Administration is invoking the Defense Production Act (DPA) to increase manufacturing of existing vaccines, a move that could help expand limited supplies and get more vaccinations sites up and running. But the idea that any company, even another pharmaceutical company, can simply start producing the vaccines is easier than it sounds, according to some experts. “One of the delusions I think people have is the idea that the Defense Production Act … you can’t do that with… Source link

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Why new investors bought stock during the pandemic

The ability to put just a few extra bucks into stocks. A pandemic panic that drove stock prices way down for many companies that have a future ahead. Easy to use apps. And throw in a little extra cash via government stimulus checks and some extra time when major league sports teams stopped playing during the pandemic, you couldn’t see a movie at a theater and college graduates started working remotely back home. All of those factors contributed to growth among new investors in 2020. Sure, many… Source link

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Google moves away from diet of ‘cookies’ to track users

Google is weaning itself off user-tracking “cookies” which allow the web giant to deliver personalized ads but which also have raised the hackles of privacy defenders. Last month, Google unveiled the results of tests showing an alternative to the longstanding tracking practice, claiming it could improve online privacy while still enabling advertisers to serve up relevant messages. “This approach effectively hides individuals ‘in the crowd’ and uses on-device… Source link

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Woman finds dead snake in library book

A woman who borrowed a library book has made a surprising find inside. Professor Joey Neilsen tweeted his wife borrowed a book of poetry recently from the Carnegie Mellon University Libraries in the US city of Pittsburgh. But when she opened the book she found someone had already provided a bookmark – a dead snake wrapped in plastic. “So, um … weird question: is this your snake?” Professor Neilsen tweeted. “My wife checked out a book of poetry from CMU Libraries and it came with a… Source link

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Child in Britt Reid crash is in critical condition

The 5-year-old child severely injured in a vehicular crash involving Kansas City Chiefs assistant coach Britt Reid remains in critical condition, police said Saturday. The child suffered life-threatening injuries Thursday night after the pickup truck Reid was driving slammed into two vehicles parked at the side of Interstate 435 near the Chiefs’ practice facility. A 4-year-old was also injured in the collision and suffered non life-threatening injuries. Reid, an outside linebackers coach and… Source link

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Sources: Pistons in discussions on trading Derrick Rose to Knicks – Yahoo Sports

MMA Weekly UFC Vegas 18 results: Alexander Volkov scores walk-off knockout over Alistair Overeem UFC Vegas 18 launched Alexander Volkov and Cory Sandhagen closer to title shots after they each scored impressive victories on Saturday night in Las Vegas. Alexander Volkov makes statement with knockout of Alistair Overeem Overeem started in a crouch in the UFC Vegas 18 main event, giving Volkov less of a target. The two danced around for the opening couple of minutes before Overeem cracked Volkov… Source link

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Ford bets big with Google deal

People involved said both sides developed a friendly relationship with no bad blood from five years ago, when talks went south after Ford reportedly wanted more of a high-profile partnership than the quiet, technical tie-up Google desired. Also at issue in the previous talks: who controls the data. This time around, Ford has said that Google will not have access to customer data, but Morgan Stanley analyst Adam Jonas said Ford is likely to share key vehicle data that’s not… Source link

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Ford bets big with Google deal

People involved said both sides developed a friendly relationship with no bad blood from five years ago, when talks went south after Ford reportedly wanted more of a high-profile partnership than the quiet, technical tie-up Google desired. Also at issue in the previous talks: who controls the data. This time around, Ford has said that Google will not have access to customer data, but Morgan Stanley analyst Adam Jonas said Ford is likely to share key vehicle data that’s not… Source link

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Google moves away from diet of 'cookies' to track users – Yahoo Finance Australia

Reuters Nearly all victims of Mexican massacre confirmed as Guatemalans Mexico has identified nine more Guatemalan victims who were among the 19 people killed in a massacre in the northeastern state of Tamaulipas last month, authorities said on Saturday. So far 16 of the victims have been identified, including two Mexican nationals and 14 Guatemalans, the prosecutor’s office of the state of Tamaulipas said in a statement. The bodies, some badly charred and with gunshot wounds, were found… Source link

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