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
Read More »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
Read More »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
Read More »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
Read More »Canada’s richest grew their fortunes by $53 billion during the pandemic
Local Journalism Initiative One-third of Hamilton schools have reported COVID-19 cases. But we’re doing better than most Ontario cities At a time when COVID-19 cases are rising in Hamilton and across the province, the latest case numbers reveal that Hamilton’s school system is faring better than those in other Ontario municipalities. As of Wednesday, a total of 119 cases had been reported across 64 schools in Hamilton since September — the equivalent of one-third of Hamilton schools. … Source link
Read More »Home Depot is spending $1 billion to give thousands of its workers a raise – Yahoo Finance
TipRanks Analysts Say These 3 Stocks Are Their Top Picks for 2021 The year is winding down, and it’s time for Wall Street’s analysts to start flagging their top picks for the coming year. It’s a time-honored tradition, in most walks of life, to take a sometimes tongue-in-cheek look at what lies ahead, and to start giving advice on the say-so of a metaphorical crystal ball.Analysts have been analyzing each stock carefully, looking at its past and current performance, its trends on a… Source link
Read More »India approves Google’s $4.5 billion deal with Reliance’s Jio Platforms – TechCrunch
India’s antitrust watchdog has approved Google’s proposed investment of $4.5 billion in the nation’s largest telecom platform Jio Platforms, it said in a tweet on Wednesday. Google announced in July that it would be investing $4.5 billion for a 7.73% stake in the top Indian telecom network. As part of the deal, Google and Jio Platforms plan to collaborate on developing a customized-version of Android mobile operating system to build low-cost, entry-level… Source link
Read More »YouTube brings in $5 billion in ad revenue as Alphabet and Google bounce back
Google parent company Alphabet’s third quarter revenue increased 14 percent from the year before, led by a rebound in advertising revenue for both Google and YouTube. YouTube brought in $5 billion in advertising revenue in the third quarter of 2020 — a sign that advertisers who pulled back on their spending because of the coronavirus earlier in the year may be returning to something resembling normal. YouTube now has more than 30 million music and premium paid subscribers — 35… Source link
Read More »Google 3rd quarter earnings: revenue jumps 14% to $46 billion, stock soars
The tech giant’s parent company, Alphabet, reported revenue of $46.17 billion for the three months ending in September — a 14% increase from the same period last year — highlighting its continued dominance even while facing numerous obstacles. The company also reported net income for the third quarter of $11.2 billion, blowing past analyst estimates. Alphabet (GOOGL) stock rose more than 8% in after-hours trading on Thursday. The earnings came a day after Alphabet’s CEO, Sundar Pichai,… Source link
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