Tag Archives: buy

(Bloomberg) — NortonLifeLock Inc. is set to buy Avast Plc in a deal valued at as much as $8.6 billion, giving the U.S. cybersecurity company access to one of the biggest customer bases in the industry. Avast stockholders will receive cash and shares that value the deal at $8.1 billion to $8.6 billion, the companies said Tuesday in a statement. Once the merger is completed, NortonLifeLock Chief Executive Officer Vincent Pilette will remain CEO and the company will have dual headquarters in… Source link

Electric vehicles (EVs) have been on the roads for the better part of two decades now, in slowly increasing numbers. The technology isn’t new – EVs were part of the initial wave of automotive technology over a century ago – but modern metallurgy, batteries, and drive trains have made them more practical. While the internal combustion engine still offers an overall better package of performance, power, and price, EVs are catching up. They are getting a boost from the government, in the… Source link

If U.S. regulators crack down on the controversial practice of payment for order flow, it may have one unintended consequence. Big trading outfits could become much larger and even more influential in markets, explains Interactive Brokers chairman and founder Thomas Peterffy.  “If they were to prohibit payment for order flow, what has to happen is you would have Citadel buy Robinhood and Schwab would buy Virtu, and the two sides would be put together into one company,” Peterffy said on Yahoo… Source link

The key to profitable investing is building a profile that combines powerful potential with an economical point of entry. It’s a strategy that will frequently suggest a closer look at stocks in the micro- and small-cap size range, companies with valuations less than $2 billion. These smaller firms frequently feature share prices below $10, and triple-digit upsides to sweeten the pot. Using TipRanks’ database, we’ve found two stocks that fit this profile: A market cap under $500 million and… Source link

(Bloomberg) — Someday, the post-pandemic equities rally is going to end. When it does it will take a lot of newly christened stock bulls with it. Their refusal to bend has been the signature fact of the stock market for at least 12 months, putting a floor under four other selloffs in 2021 alone that look just like the one that has sheared almost 3% off the S&P 500 Index since Thursday. Whether the devotion of retail investors is enough to turn the tide again is the biggest question in… Source link

Bitcoin is falling a day after the options market saw increased demand for out-of-the-money or lower strike put options at $22,000 and $20,000. The leading cryptocurrency was trading at a three-week low of $30,700 at press time, representing a 3.5% drop on the day. The decline has flipped the crucial 50-week simple moving average (SMA) support of $32,250 into resistance. On Sunday, 500 contracts of the $22,000 put option expiring on Dec. 31 changed hands via the institution-focused… Source link

Photo: Yandex.ru Russian tech giant Yandex announced last week that it would withdraw its contract to buy online fashion retailer Kupi VIP, but said it was considering alternative retailers in the fashion arena. In May, we agreed to purchase online retailers on private terms to enhance Yandex.Market, a free platform for displaying products in retail stores and online stores. The transaction was expected to close in the third quarter of this year. “Yandex.Market does not exercise the… Source link

Pic: Yandex.ru Russian tech giant Yandex last week announced pulling out of a deal to buy online fashion retailer KupiVIP, but said it is considering alternative outlets in the field of fashion. In May, it had agreed to buy the online retailer on undisclosed terms to enhance its Yandex.Market, a free platform for displaying products by retail and online stores. The deal was expected to be completed in the third quarter of this year. “Yandex.Market will not exercise its option to… Source link

In this article, we discuss the 15 best Jim Cramer stocks to buy now. If you want to skip our detailed analysis of these stocks, go directly to the 5 Best Jim Cramer Stocks to Buy Now. Jim Cramer, a former hedge fund manager and present host of Mad Money on news platform CNBC, is one of the most well-known finance personalities on television. His stock picks have consistently outperformed the wider market over the past few years, mostly because he is a big believer in technology stocks that… Source link

Bitcoin was trading for well over $60,000 in April, after making an astounding run from $11,000 in October. But after a tough first half of May, it’s been at about $33,000 as the crypto buzz died down. The cycles of bitcoin’s (BTC) popularity are a hallmark of the digital asset, so far at least, and despite its novelty, it’s old enough (12 years) for some patterns to have emerged. Though there’s no guarantee that what comes next won’t be different, hedge fund veteran and co-founder of… Source link