TipRanks The Bottom Is in for These 2 Stocks? Analysts Say ‘Buy’ Today, we’re looking at two small-cap biotech firms whose stocks have struck a rut. Each company has hit a recent clinical setback that sent the share price falling, erasing previous gains and sending it back down to low levels. Setbacks of this sort are not uncommon in the biotech industry, and in fact highlight the risk and speculative nature of the industry. So what should investors do, when a stock collapses? Is this a… Source link
Read More »Elon Musk may accept bitcoin for a Tesla, but this CEO says not at his auto dealerships – Yahoo Finance
TipRanks 2 “Strong Buy” Dividend Stocks Yielding at Least 7% A number of factors are coming together in the market picture, and indicate a possible change in conditions in the mid-term. These include increases in commodity prices, specifically, oil prices, which have rallied recently. In addition, the January jobs numbers, released earlier this month, were disappointing at best – and grim, at worst. They, do, however, increase the chance that President Biden and the Democratic Congress… Source link
Read More »Porsche N.A. CEO on expanding Taycan EV model range
It was another big year for Porsche (VWAGY) here in U.S., despite a pandemic changing how the German automaker — and every other automaker for that matter — does business. While a slowdown hurt performance in the spring, prospects turned around quickly for Porsche, as it ended up delivering 57,294 vehicles in the U.S., its second best year ever. Deliveries rebounded in the back half of the year, in particular the 4th quarter, jumping 6.4% to a record 17,560 vehicles. Kjell Gruner,… Source link
Read More »Robinhood CEO Goes To Confessional: Vlad Tenev Admits Mistakes On Chamath Palihapitiya's Podcast – Yahoo Finance
TipRanks Morgan Stanley Storms Into the EV Space; Offers 2 Stocks to Buy We are indeed living in interesting times – and in many ways, that’s a good thing. Take the automotive industry, for example. Technology is changing a rapid pace, and when it settles, it will dramatically change the way we drive. In 2030, our concept of ‘car’ will likely be unrecognizable to drivers from 1980. The biggest changes are coming from power systems and artificial intelligence. AI will bring autonomous tech… Source link
Read More »Amazon workers don’t believe new CEO will improve warehouse conditions
When Amazon (AMZN) revealed last week that CEO Jeff Bezos would step down later this year, the news broke in an earnings report that announced a quarterly sales record — but it also coincided with less flattering news. On the same day, Amazon agreed to pay $61.7 million in a settlement over claims that it withheld drivers’ tips; six days later, workers at a warehouse in Bessemer, Alabama, would begin casting their votes in a historic effort to form the first union at one of the nation’s… Source link
Read More »Bumble CEO says 'passion, purpose, and profit can coexist' on IPO day – Yahoo Finance
TipRanks These 2 Penny Stocks Could Rack up Triple-Digit Gains, Say Analysts Is a pause to the stock market’s continued surge finally in the cards? The talk has turned to rising interest rates and the specter of inflation against the backdrop of growth powered by Covid fiscal stimulus. However, strategists say there’s no need to get alarmist just yet. According to Goldman Sachs equity strategist, Ryan Hammond, the stock market bull may stick with us for a while. Hammond notes that interest… Source link
Read More »Trivago CEO says sentiment on regulating Google has changed
Trivago CFO Axel Hefer Source: Trivago LONDON — The chief executive of European travel booking firm Trivago believes attitudes toward the world’s biggest technology companies have changed. Axel Hefer, who has been at the helm of Trivago for almost five years, told CNBC’s “Squawk Box Europe” Wednesday that there has been a “change in sentiment” in Europe and across the world when it comes to tackling the power that firms like Google have. “There is an increasing understanding that you need to… Source link
Read More »Amazon’s new CEO is a ‘cloud titan’ — here’s why that matters
Wednesday, February 3, 2021 This article was first featured in Yahoo Finance Tech, a weekly newsletter highlighting our original content on the industry. Get it sent directly to your inbox every Wednesday by 4 p.m. ET. Subscribe Amazon (AMZN) is getting a new CEO, and he’s the same executive who turned the e-commerce giant into a cloud computing juggernaut. Andy Jassy, the head of Amazon’s Amazon Web Services (AWS), will replace Jeff Bezos as CEO in the third quarter. The change means… Source link
Read More »Amazon’s new CEO has his head in the cloud. And so do Google and Microsoft.
Amazon is a shopping site. Google is all about search. Microsoft makes Windows. That’s what a lot of people think of when they consider three of the biggest tech companies around. But increasingly, the labels are out of date as the three companies turn more toward a far more profitable line of business: cloud computing. The elevation Tuesday of Andy Jassy as Amazon’s future CEO was the latest evidence that the forecast for Big Tech is increasingly cloudy. Jassy spent the last two decades… Source link
Read More »Jeff Bezos is stepping down as Amazon CEO — here’s why Amazon stock isn’t crashing
TipRanks 3 ‘Strong Buy’ Stocks With 8% Dividend Yield Let’s talk portfolio defense. After last week’s social flash mob market manipulation, that’s a topic that should not be ignored. Now, this is not to say that the markets are collapsing. After 2% losses to close out last week’s Friday session, this week’s trading kicked off with a positive tone, as the S&P 500 rose 1.5% and the Nasdaq climbed 2.5%. The underlying bullish factors – a more stable political scene, steadily… Source link
Read More »