Tag Archives: buy

The last few days’ trading have been enough to make our heads spin. Markets have shifted up and down, showing both volatility and a short-term upward trend, a pattern that has investors wondering if this is the start of a sustained run of gains, or just a bear-market rally. Stiffel Chief Equity Strategist Barry Bannister believes that there’s less reason for fear and lays out a strong case for upside. “We forecast the S&P 500 up to 4,200 in 3Q22E and recommend Cyclical Growth groups…… Source link

Last week, Elon Musk said that he was ending his bid to buy Twitter (TWTR) — prompting the social media platform to almost immediately fire back, calling his effort to terminate the deal “invalid and wrongful.” So, what’s next? It’ll definitely get messier from here, for one. Musk could be on the hook for a $1 billion reverse breakup fee and, on top of that, the merger agreement features a “specific performance” clause that could theoretically force the Tesla (TSLA) CEO to close the… Source link

Russian search engine Yandex is considering buying food delivery service Delivery Club, which competes with Yandex Eats, its own delivery platform. According to published reports Tuesday (July 5), Delivery Club’s owners are seeking a buyer and discussing that sale along with the sale of some of Yandex’s media properties. The deal also reportedly hinges on VK and Sberbank, Delivery Club’s joint owners, agreeing on who will buy them out of that joint venture. In April, Yandex and its… Source link

Bill Gates just won legal approval to buy 2,100 acres of North Dakota farmland worth $13.5M — and people are ‘livid’ about it all across the state Bill Gates made his fortune in tech, but he’s now betting big on something completely different: farmland. Last week, Gates secured the legal approval for purchasing 2,100 acres of farmland from northeastern North Dakota potato growers Campbell Farms. Of course, this isn’t first time Gates has invested in the asset class. Having amassed… Source link

The first half ended last week, and the S&P 500 is now firmly stuck in a bear. The rapid change from record high levels at the end of last year, to a 20%+ drop in these past six months has pummeled investors, who have had to cope with shrinking share values, increased volatility, and an unpredictable and risky equity environment. The most serious issue facing economists and traders right now is the possibility of recession in the near term. The US GDP contracted by 1.6% in Q1, and preliminary… Source link

DOWNTOWN — Google is trying to set up shop in one of Chicago’s most famous buildings, according to a new report. The tech giant is negotiating to buy the James R. Thompson Center, 100 W. Randolph St., according to real estate information company CoStar. It’s the latest twist for the famed building, which opened in 1985 and has been used for governmental offices — but which has faced costly infrastructure issues that have led to several lawmakers attempting to sell it. Google would set… Source link

The cryptocurrency exchange FTX is reportedly considering a deal to acquire digital trading platform Robinhood (HOOD), Bloomberg reported Monday, citing unnamed people familiar with the deal. Robinhood has not yet received a formal notice from FTX of any such takeover, the report said, while adding that FTX could ultimately choose not to pursue a purchase. The report of a potential acquisition by FTX comes just over a month after Sam Bankman-Fried, the CEO and founder of FTX, disclosed a 7.6%… Source link

(Bloomberg) — Prosus NV is planning to sell more of its $134 billion stake in Chinese internet giant Tencent Holdings Ltd. to finance a buyback program, reversing a pledge to hold onto the full shareholding. Most Read from Bloomberg Tencent declined in Hong Kong on Monday as investors pondered the extent to which Prosus, the Chinese company’s biggest shareholder, will unload its stock. The shares fell as much as 2.5% and traded 1.6% lower at the close. “We will keep selling Tencent shares… Source link

Downturns can bring a lot of pain, but they can also bring on plenty of opportunities, as lower stock prices start making costs of entry more attractive. Before taking advantage of these opportunities, however, investors need to find a recognizable signal that will set them apart. One popular signal to follow is the insider buying, the trades made by high-ranking company officers whose positions give them the ‘inside’ track on their company’s likely prospects – and therefore, of the… Source link

Google is far more than a search engine. As part of its parent company, Alphabet, Inc., Google has become one of the largest technology companies in the world, complete with cloud computing, software and more. Its stock price has increased along with its rapid growth. From the beginning of January 2021 to the same time a year later, GOOGL’s stock price has increased by more than 50%, and in the third quarter of 2021, the company reported a 41% increase in revenue year over… Source link