Tag Archives: buy

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

With gasoline prices through the roof at record highs, inflation running at 40-year record levels, and last year’s bullish stock market turn down into a genuine bear, it’s no wonder that the financial and economic worlds are looking like reruns of ‘That 70s Show.’ Market watchers remember that the bad times of the late 70s and early 80s were tamed only when Fed Chair Paul Volker sparked a recession with near-20% interest rates – and for investors under 45, just take note that Q1… Source link

SPOKANE, Wash. –News Direct– Minuteman Press International Inc Plese Printing & Marketing, which has been in business for 32 years and is independently owned by Kim Plese, has been sold to Spokane natives Christy and Scott Johnson. Christy and Scott have rebranded the business as Minuteman Press – Spokane and are operating out of the same location at 4201 E. Trent Ave. Christy and Scott Johnson are the new owners of Minuteman Press – Spokane (formerly Plese Printing & Marketing) located… Source link

Yandex (NASDAQ:YNDX – Get Rating) saw unusually large options trading on Wednesday. Stock investors purchased 1,814 put options on the company. This represents an increase of 1,437% compared to the average volume of 118 put options. A number of equities analysts recently issued reports on the company. StockNews.com cut Yandex from a “hold” rating to a “sell” rating in a report on Monday, March 7th. Citigroup cut their target price on Yandex from $75.00 to… Source link

Inflation data dominated the market news at the end of last week, and rightly so. The May print, of 8.6% annualized gains in the consumer price index, marked a sharp reversal from the modest decline seen in April, and a new ‘highest level in 40 years’ data point. It reignited worries that the rosy projections – of a transient inflation, or of lower rates by early next year – are unlikely to reach fruition. Even though unemployment is low and wages are up, the declines in real… Source link