Tag Archives: Asks

SYDNEY (Reuters) – The U.S. government has asked Australia to scrap proposed laws that will make it the first country in the world to force Facebook Inc and Alphabet Inc’s Google to pay for news sourced from local media outlets. In a submission asking the government to “suspend” the plans, assistant U.S. trade representatives Daniel Bahar and Karl Ehlers, suggested Australia instead “further study the markets, and if appropriate, develop a voluntary code.” Under the law, which has… Source link

TipRanks These 3 “Strong Buy” Stocks Are Top Picks for 2021, Say Analysts Some traditions are too time-honored to shirk, and on Wall Street, the annual ‘top picks’ are one. Usually made at the very end or very beginning of a year, the Street’s analysts publish reviews on the stocks they believe will show the best performance in coming months – their top picks. The analysts have been analyzing each stock carefully, looking at its past and current performance, its trends on a variety… Source link

TipRanks J.P. Morgan: 2 Stocks to Buy (And 1 to Avoid) Marko Kolanovic, the well-known quant strategist with JPMorgan, sees a positive feedback loop forming that will drive the markets higher next year. Kolanovic believes that a decline in volatility and favorable monetary policies will combine to make stocks the go-to investment for 2021, fueling further market gains. Officially, JPM is forecasting a 25% gain in the S&P 500 over the next 12 months.With investors gravitating toward stocks,… Source link

Background: The DOJ and 11 states sued Google for antitrust violations on Oct. 20, two weeks before the presidential election. The majority of U.S. states, who have been investigating Google over antitrust concerns since Sept. 2019, opted to hold off signing on to the DOJ’s suit because of concerns about the timing and litigation strategy. That group, led by Colorado and Nebraska, is expected to file its own antitrust suit against Google over its power in the online search market in the… Source link

California is seeking to join the Justice Department in its antitrust lawsuit against Google, according to a court filing the state submitted on Friday. The move makes Google’s home state the first Democratic enforcer to seek to join the DOJ and eleven Republican attorneys general in the lawsuit. California did not join the initial group of 50 states and territories that launched an investigation into the search giant last year, but Politico later reported it had been pursuing its own probe. A… Source link

InvestorPlace Wait For a Pullback Before Jumping Into Xpeng Stock Electric vehicle (EV) stocks remain hot. But, so far this month, none have held a candle to China-based Xpeng (NYSE:XPEV) stock. Shares have more than doubled since Nov 1. As a result, shares now trade at a sky-high valuation. Source: Johnnie Rik / Shutterstock.com Based on trailing twelve month revenues, shares currently sell for a price/sales (P/S) ratio of 18.8! Sure, considering rival Nio (NYSE:NIO) sports a P/S ratio of … Source link