Tag Archives: billion

Google completes $2.1 billion acquisition of Fitbit

Alphabet Inc’s Google has completed its $2.1 billion acquisition of wearable device maker Fitbit Inc, the companies said on Thursday. The deal had triggered concerns over Google’s market power and the use of people’s health data in targeted advertising. The companies won antitrust approval from the European Union in December after Google agreed to restrictions on how it will use customers’ health related data. “This deal has always been about devices, not… Source link

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Lender Affirm Prices IPO Above Range to Raise $1.2 billion

Benzinga Here’s What it Took to Help My Millennial Colleague Plan Her Million-Dollar Nest Egg I’m a nosy person, so I elbowed my millennial colleague, Jessa, in the next cube over, and asked her, “Pssst… How much do you save for retirement per year?”Instead of ignoring me, she furtively Slacked me all of her financial details (it was like a giant ice cream sundae for a finance nerd): * Jessa, at 28, still owes $15,000 in student loans, and her husband, who is 30, still owes $20,000. *… Source link

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Trump signs $900 billion stimulus bill and Goldman Sachs couldn’t be more bullish about it

The bulls should pop the icy cold Dom Perignon a few days early because dawdling President Trump signed the $900 billion COVID-19 relief bill, suggest the often optimistic forecasters at Goldman Sachs. On Monday, Goldman’s chief economist Jan Hatzius lifted his first quarter U.S. GDP forecast to 5% from 3% in large part from the effects of new stimulus checks to U.S. households. Hatzius left his expectation for sequentially improved GDP from from the second quarter through the fourth… Source link

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President Trump signs bill that includes $900 billion stimulus deal after delay

The Guardian Alternative facts, witch-hunt, bigly: the Trump era in 32 words and phrases His rally speeches and manic Twitter feed conjured new slogans and insults or revived incendiary wordsDonald Trump not only changed much about campaigning, governing and the ways of Washington, even the language of American politics has altered during the Republican’s tenure. Trump’s rollicking rally speeches and manic Twitter feed conjured new slogans and insults or revived incendiary words with long… Source link

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Alibaba Group Upsizes Share Repurchase Program to US$10 Billion

TipRanks 3 Monster Growth Stocks That Can Charge Forward in 2021 With 2020 winding down, there’s a growing belief that 2021 is going to be a growth year for the stock markets. The US elections have returned a divided government, one unlikely to have the broad majorities – or the broad support – needed to enact wide-ranging reform legislation from either the right or left, and that bodes well for the economy generally.The COVID vaccines are entering distribution, and while new anti-virus… Source link

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Democratic and Republican leaders reach $900 billion coronavirus relief deal that includes stimulus checks

Democratic and Republican leaders reached an agreement on a new coronavirus relief deal worth around $900 billion that includes a second round of stimulus checks and additional unemployment benefits. The bill will soon be put for a vote in the House and the Senate. “We’ve agreed to a package of nearly $900 billion, with targeted policies that help struggling Americans who’ve already waited entirely too long,” Senate Majority Leader Mitch McConnell (R-KY) said from the Senate floor on… Source link

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Musk Adds $9 Billion to Fortune as Tesla Set to Join S&P 500 – Yahoo Finance

TipRanks 3 Stocks Flashing Signs of Strong Insider Buying Sometimes, following a leader makes the best investment strategy. And corporate insiders have long been popular leaders to follow. Their combination of responsibility to their stockholders and access to ‘under the hood’ information on their companies gives their personal investment choices an air of authority.The most important thing about these insiders is that whatever else they do, they are expected to shepherd their companies to… Source link

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Google Must Silo Fitbit Data, EU Says, Clearing $2.1 Billion Deal

European Union antitrust officials approved Google’s $2.1 billion acquisition of health tracker Fitbit Inc., FIT 0.21% but will enforce conditions on the deal aimed at protecting users’ health data and preserving competition in the wearable-tech sector. The European Commission, the EU’s top antitrust regulator, said Thursday that it has accepted a sweetened package of concessions from Google,… Source link

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This elite Israeli army squad member is behind a startup going public in a $1.4 billion SPAC deal

TipRanks Shift Into Hydrogen Could Lift These 3 Stocks Higher In a report on the alternative fuel market, analyst Rupert Merer, of National Bank of Canada, looks at the possibilities and potentialities of the hydrogen as both an energy resource and a commodity. At the heart of the matter, he writes, “Stakeholders across energy markets have reached the consensus that climate change is a problem and decarbonization of our energy supply mix will require a multifaceted approach which includes… Source link

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