Tag Archives: analyst

Yandex N.V. [NASDAQ: YNDX] gained 6.52% on the last trading session, reaching $83.10 price per share at the time. The company report on October 27, 2021 that Yandex Announces Third Quarter 2021 Financial Results. Yandex (NASDAQ and MOEX:YNDX), one of Europe’s largest internet companies and the leading search and ride-hailing provider in Russia, announced its unaudited financial results for the third quarter ended September 30, 2021. 3 Tiny Stocks Primed to Explode The… Source link

Facebook (FB) shares took a hit Tuesday following news Monday that it’s seeing headwinds from Apple’s (AAPL) recent iOS privacy changes and waning interest among younger consumers. The news came after Facebook reported earnings that beat on profit but missed on revenue. While the company’s stock was down nearly 5% just before 2:30 p.m. Wednesday, MKM Partners analyst Rohit Kulkarni told Yahoo Finance Live that the social media giant’s earnings were actually better than feared. During… Source link

Netflix (NFLX) has faced both positives and negatives in Q3 — from beating subscriber growth estimates to battling backlash over the release Dave Chappelle’s comedy special “The Closer.” But at least one analyst seems to think the streaming behemoth is leaving money on the table, with its content slate drawing massive buzz in the face of fierce criticism. On Thursday, the stock spiked to a new record high at $654, with some on Wall Street expecting a test of levels at or near $700. “Netflix… Source link

Tesla’s (TSLA) record profits for the fourth quarter are sending shares toward record highs. The next catalyst to take the stock up could be the electric vehicle giant’s autonomous program, Oppenheimer analyst Colin Rusch told Yahoo Finance Live. “Valuation is pretty substantial for the company, and it’s really predicated in our view, around their ability to deliver on the autonomous program,” he said. “We think the EV program where they’ve done a tremendous job and are continuing to make… Source link

Bitcoin exploded to a new all-time high Wednesday just one day after the first-ever bitcoin-linked exchange traded fund (ETF) started trading on the New York Stock Exchange. The ProShares Bitcoin Strategy ETF (BITO) saw more than $550 million dollars pour into the new futures-linked product in its debut trading day. That enthusiasm, in part, helped push bitcoin’s price (BTC) to a new all-time high north of $65,000 Wednesday morning. Now, one analyst at Fundstrat Global Advisors says that… Source link

The valuation on Facebook’s stock (FB) looks way out of whack with the social media giant’s continued digital dominance, argues long-time bull Brent Thill at Jefferies.  “Interestingly, Facebook is now the second cheapest stock in our large cap coverage (eBay is cheapest) and trades at a 30% discount to the Nasdaq (vs. two-year average 18% discount). In our view, Facebook’s valuation is among the most attractive in Internet, particularly on a growth adjusted basis,” Thill said in a new… Source link

Caterpillar (CAT) is poised to drive into the middle of a new financial “megacycle” that could send its stock price higher by at least 25%, argues Cowen analyst Matt Elkott. “We are projecting a megacycle of financial performance for Caterpillar in the next three years starting in 2021. Growth in revenue, gross margin, operating margin and EPS. It’s fairly consistent with the consensus, but I think what is somewhere overlooked here is this will be the first time in 14 years that Caterpillar… Source link

JPMorgan CEO Jamie Dimon said recently bitcoin is worthless. Morgan Stanley CEO James Gorman said Thursday crypto isn’t a fad, but isn’t sure on the outlook for prices.  Jurrien Timmer, Fidelity’s director of global macro, is more clear-minded on the direction for bitcoin: $100,000 by 2023.  “So this move up [in bitcoin] has come without the help of momentum chasers, which I think is a good sign because it means there is something else making bitcoin go up. And, that is fundamental demand… Source link

A shipping expert believes that the supply chain crisis may last well into 2023 given how global trade has been reshuffled to meet surging American demand.  “We expect… strained supply chains to last until the early parts of 2023,” Peter Sand, chief shipping analyst at Copenhagen-based BIMCO, a shipping trade group, told Yahoo Finance Live (video above). “We are basically seeing a global all-but-breakdown of the supply chains from from end-to-end.” In Sand’s view, the “spectacular recovery”… Source link

After hitting a low of around $31,000 in mid-July, bitcoin (BTC-USD) has healthily recovered, currently trading at around $55,000 following resistance at around $45,000 during September. Amid talks of regulation over cryptocurrency markets, however, OANDA Market Analyst Craig Erlam believes that bitcoin’s momentum will continue. “You look at the charts, for example, and that’s all we really have to go off right now — and there just still seems to be plenty of momentum in the move,”… Source link