Tag Archives: analyst

Google’s Gemini debacle a make-or-break moment, analyst says

Google’s Gemini debacle a make-or-break moment, analyst says

The bungled rollout of Google’s new artificial intelligence tool Gemini could end up being either a curse or a blessing for the Alphabet-owned tech giant, according to an analyst who owns the stock. Seeking Alpha analyst Steven Fiorillo wrote in an assessment published Wednesday that Gemini will either be Google’s “destruction or its resurrection” after a series of public failures by the model led the company to pull the plug on some features and vow to fix it. Google’s reputation is at stake… Source link

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Bitcoin ETFs poised for inflows from US pension plans, Standard Chartered analyst says

Bitcoin ETFs poised for inflows from US pension plans, Standard Chartered analyst says

On this week’s episode of Yahoo Finance Future Focus, our host Brian McGleenon spoke to Standard Chartered Head of Crypto Research Geoff Kendrick, who shared his insights into the evolving landscape where traditional finance incumbents, such BlackRock and Franklin Templeton, are involving themselves in the cryptocurrency sphere via the recently launched spot bitcoin exchange traded funds (ETFs). A spot bitcoin ETF is a financial product that investors hope will pave the way for mainstream… Source link

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Why the Diamondback, Endeavor merger makes sense: Analyst

Why the Diamondback, Endeavor merger makes sense: Analyst

In a deal valued at $26 billion, Diamondback Energy (FANG) has agreed to buy Endeavor Energy Resources, with $8 billion in cash 117.3 million Diamondback shares worth $18 billion. The deal allows for both companies to potentially become a major player in the Permian Basin. Keybanc Capital Markets Managing Director Tim Rezvan joins Yahoo Finance to discuss the deal, what it could mean for companies, and the energy sector moving forward. Rezvan puts the size of the deal in context: “When you… Source link

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Snap stock dives on earnings: Analyst explains why

Snap stock dives on earnings: Analyst explains why

Shares of Snap Inc. (SNAP) are dropping over 30% in extended hours trading on Tuesday afternoon after the company released its fourth-quarter earnings report. The report showed revenue rose 5% to $1.36 billion, but still missed estimates of $1.38 billion. In addition, Snap posted an adjusted first-quarter EBITDA (earnings before interest, taxes, depreciation, and amortization) which also missed analysts’ expectations. Scott Kessler, Third Bridge Global Sector Lead, TMT (Technology, Media &… Source link

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1 Top Bitcoin ETF to Buy Before the Crypto Market Soars 300%, According to a Wall Street Analyst

1 Top Bitcoin ETF to Buy Before the Crypto Market Soars 300%, According to a Wall Street Analyst

The cryptocurrency market is currently worth $1.6 trillion, and Bitcoin (CRYPTO: BTC) accounts for 50% of that total. Bitcoin dominance (i.e., the market value attributable to Bitcoin) was also 50% five years ago, though it has ranged from 38% to 70% during that time period. With that in mind, Morningstar analyst Michael Miller expects the cryptocurrency market to soar 300% to $6.4 trillion by 2032. If Bitcoin dominance stays at 50%, the implied upside for Bitcoin would also be 300%…. Source link

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