Tag Archives: analysts

Big Tech has been in the news and on our minds as this crazy year 2020 winds toward an end. While the election has resulted in divided government, unlikely to have the majorities needed for sweeping reforms in any area, there is a growing consensus the hi-tech giants are getting too big. Congress is starting to look at the giant tech firms through the lens of anti-trust legislation, while regulators, including the Justice Department and the Federal Trade Commission are considering similar… Source link

TipRanks Billionaire Israel Englander Pours Money Into 2 “Strong Buy” Stocks Following the wild ride that was 2020, where does the market go from here? Major strides have been made in the COVID-19 vaccine race, yet the near-term picture remains unclear, blurred by the virus’ resurgence and the stimulus stalemate on Capitol Hill.In times like these, the investing greats can serve as a source of inspiration, namely billionaire Israel “Izzy” Englander.Who exactly is Englander? The… Source link

Ad sales simply have not been adding up, but recovery is on the way. This is the general consensus of Wall Street analysts who follow Google parent Alphabet Inc. GOOGL, -4.41% GOOG, -4.20% after it reported a second straight quarter of declining advertising revenue but offered encouraging signs of a rebound. Still, it wasn’t enough to stop a 5% drop in shares Friday that jeopardizes its $1 trillion market value. Despite the… Source link

Bank earnings could reveal ugly-looking loan portfolios for the second quarter, but the industry hopes to champion its investment banking and cost-cutting efforts to squeeze out earnings. Earnings season will kick off on Tuesday as JPMorgan Chase (JPM), Citigroup (C), and Wells Fargo (WFC) report earnings before the market bell, covering the large U.S. banks’ performances through the three-month period ended June 30.  “The upcoming [second quarter] earnings will be confusing, sloppy, and… Source link