Tag Archives: Beat

Wednesday, October 28, 2020 Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe But economists still warn a slowdown is coming. U.S. economic data continues to impress. On Tuesday, durable goods orders for September, and Richmond Federal Reserve data for October, showed the manufacturing sector continues to top expectations. Durable goods orders rose 1.9% while core orders rose 0.4%. Economists noted the headline figure was flattered by orders in… Source link

Barcroft Media via Getty Images And so the Mate 40 has finally launched. Set against the backdrop of U.S. restrictions on the chipsets required to power Huawei devices, and with Google still missing, China’s leading smartphone manufacturer has released another stellar device that will stall outside China based on factors outside its control. And while the U.S. blacklist is the real existential issue, yet again it’s that loss of Google stealing the headlines. … Source link

News and research before you hear about it on CNBC and others. Claim your 1-week free trial to StreetInsider Premium here. Yandex (NASDAQ: YNDX) reported Q2 EPS of ($0.14), $0.20 worse than the analyst estimate of $0.06. Revenue for the quarter came in at $597.9 million versus the consensus estimate of $579.04 million. Q2 2020 Financial Highlights (1) Q2 2020 consolidated financial results Revenues of RUB 41.4 billion ($591.9 million), in line with Q2 2019 Net loss of RUB 3.7 billion ($52.3… Source link