Tag Archives: Bets

[unable to retrieve full-text content]Bitcoin Sinks on Ebbing Fed Rate-Cut Bets and Cooling ETF Demand  Yahoo Finance Source link

(Bloomberg) — A stock selloff deepened in Asia, after fresh data redoubled concerns about China’s economy and as investors curbed wagers on Federal Reserve interest rate cuts. Most Read from Bloomberg Hong Kong shares led the declines, with the Hang Seng Index tanking nearly 4%. The CSI 300 mainland Chinese benchmark also fell 1.6%. The losses came after official figures showed while China reached its 2023 economic goal, the country’s housing slump has worsened and domestic demand… Source link

Alex Wong Google (NASDAQ:GOOG) (NASDAQ:GOOGL) is a company that needs no introduction. Search engine juggernaut, owner of YouTube, Android, Gmail, Google Maps/Docs/Sheets/Slides/Meet/Drive, and countless other products that billions of people around the globe use on a daily basis, the company is as well known to investors as it is to consumers (the only difference being the average consumer probably can’t tell you how “Alphabet” is related to Google). Its business performance over the… Source link

[unable to retrieve full-text content]Traders raise bets on stocks falling as S&P 500 nears new bull market  Yahoo Finance Source link

Bed Bath & Beyond’s stock continues to be whipped up into a speculative fervor as traders place bets the retailer somehow averts bankruptcy — triggering massive covering by short-sellers. Shares popped 20% in pre-market trading on Thursday. If Bed Bath & Beyond’s stock opened at current levels, shares would be up more than 150% since the opening price on Monday. The stock — which has one of the most visited ticker pages on Yahoo Finance the past 24-hours — climbed 69% on Wednesday. This… Source link

Bed Bath & Beyond’s stock continues to be whipped up into a speculative fervor as traders place bets the retailer somehow averts bankruptcy — triggering massive covering by short-sellers. Shares popped 20% in pre-market trading on Thursday. If Bed Bath & Beyond’s stock opened at current levels, shares would be up more than 150% since the opening price on Monday. The stock — which has one of the most visited ticker pages on Yahoo Finance the past 24-hours — climbed 69% on Wednesday. This… Source link

Microsoft thinks it finally has a weapon to challenge Alphabet’s leadership in internet search.  The software giant, like other tech groups, has tried unsuccessfully to compete with the Google search engine. The latter has even become more important again, relegating its so-called rivals to stooges.  The dominance of the Mountain View, Calif.-based group eventually sickened to the point where some rivals simply gave up. Bing, Microsoft’s search engine, was the world’s second most popular in… Source link

Starbucks is adding a new, limited-run, cold brew option, reflecting continued sales growth in the cold drink category at the coffee chain and the industry in general. The coffee giant today unveiled the Pistachio Cream Cold Brew. The new, iced option is part of Starbucks’ winter menu. The drink is sweetened with vanilla syrup and is topped with pistachio cream cold foam and brown buttery sprinkles. In addition to the cold brew, the Pistachio Latte returns to menus, along with the bakery item,… Source link

400tmax Cost discipline is a must in a low-growth environment Alphabet Inc.’s (NASDAQ:GOOG, NASDAQ:GOOGL) (“Google”) revenue growth is slowing and profits aren’t improving. In Q3 2022, Alphabet’s total revenue grew 6% YoY while total expenses (COGS+OPEX) increased 18% YoY. Google Services, the most lucrative segment representing 100% of Google’s operating income, saw its EBIT margin contract from 40% in 3Q21 to 32% in 3Q22. Per activist investor TCI Fund Management’s recent letter to CEO… Source link

Airbnb (ABNB) is betting that a continued economic downturn will provide a tailwind for the travel company to expand its pool of hosts, looking to earn some extra income. In fact, CEO Brian Chesky said he’s already seeing a shift in behavior on the platform, reminiscent of the Great Recession when the company was first founded. “I think this is going to be in some ways similar to 2008,” said Chesky, speaking to Yahoo Finance Live (video above). “A lot of people that weren’t considering… Source link