The investing landscape will likely be much different in 2022 than 2021, but the backdrop is still fertile for more gains on the S&P 500, according to Goldman Sachs. Goldman said Tuesday it expects the S&P 500 (^GSPC) to rise 9% to 5,100 by the end of 2022. If achieved, that would mark a 10% total return including dividends. Through Tuesday, the S&P 500 had advanced about 25% so far in 2021. “The equity bull market will continue,” said David Kostin, Goldman Sachs chief U.S. equity… Source link
Read More »Energy crunch to ‘continue well into 2022’: Duke Energy CEO
A global energy crunch, fueled by tightening coal and gas supply, has already roiled the market and threatened to squeeze customers this winter, as utility bills rise. That may just be the beginning, according to Duke Energy (DUK) CEO Lynn Good, who heads one of the country’s largest energy holding companies. In an interview at Yahoo Finance’s All Markets Summit, Good said she expects the supply and demand imbalance in the energy markets to continue well into 2022, with full rebalancing… Source link
Read More »Facebook might be changing its name, but its controversies will continue to follow it
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 Wednesday, October 20, 2021 Facebook’s name change won’t help it outrun its troubles Taking a page from Google (GOOG, GOOGL), Snapchat (SNAP), and now, Kanye West, Facebook (FB) is reportedly renaming itself. The Verge reported Tuesday that Facebook is changing its name to reflect its increasing… Source link
Read More »Sheryl Sandberg Says Small Businesses Online Revolution Will Continue
(Bloomberg) — Facebook Inc. Chief Operating Officer Sheryl Sandberg said small businesses will keep choosing the internet to reach their customers even after the pandemic subsides and brick-and-mortar advertising options become more useful. “That digital transformation will continue to happen,” Sandberg said in an interview with Bloomberg News. “It might happen at a slightly slower rate but I think that the transformation and people moving to be online is going to continue to… Source link
Read More »Yandex (YNDX) Up 2.1% Since Last Earnings Report: Can It Continue? – August 27, 2021
A month has gone by since the last earnings report for Yandex (YNDX Quick QuoteYNDX – Free Report) . Shares have added about 2.1% in that time frame, outperforming the S&P 500. Will the recent positive trend continue leading up to its next earnings release, or is Yandex due for a pullback? Before we dive into how investors and analysts have reacted as of late, let’s take a quick look at its most recent earnings report in order to get a better handle on the… Source link
Read More »Google says health projects will continue even as it unwinds dedicated health division
Google says it is ramping up its investments in health-focused initiatives even as it dissolves its single unified health division. From consumer-facing products like sleep tracking tech with its Nest Hub smart home devices and Fitbit wearables to clinical initiatives like its Care Studio EHR search tool and its health AI work, Google has intensified its focus on health tech and expanded its reach into the healthcare market. But those projects will now be split across Google’s myriad… Source link
Read More »Things Continue To Get Uglier With Paysafe’s Stock
Paysafe Ltd (NYSE: PSFE) shares are falling lower Monday, after the company announced its third-quarter guidance and missed expectations. For the third quarter, the company said it expected revenue of between $360 million and $375 million. Analysts were calling for revenue of $384.4 million. Paysafe was down 12.49% at $8.93 at last check Monday.Paysafe Daily Chart Analysis The stock dipped lower in what technical traders call a falling wedge pattern. The stock trades below both the 50-day… Source link
Read More »Harry and Meghan continue to expand media footprint after royal exit
Prince Harry and Meghan Markle are once again expanding their business and media empire — over one year after exiting the royal family. Riding the momentum from the couple’s blockbuster televised interview, Prince Harry confirmed that he’ll be publishing a memoir with Penguin Random House, set for a 2022 release date. This week, Page Six reported that Harry is set to make at least $20 million upfront from the deal, although the royal said on Monday that he would be donating all proceeds… Source link
Read More »Google TV update adds option to manually clear out ‘Continue watching’ row
Google TV, the new smart TV interface that debuted on Google’s most recent Chromecast, appears to be getting a small but important tweak for its “Continue watching” row. Over on Reddit (via 9to5Google) user u/Alfatango97 has spotted a new option to manually hide entries from the row, which is designed to let viewers quickly jump back into unfinished TV shows or films. When it works, the Continue watching row is a convenient way pick up from where viewing was interrupted. But… Source link
Read More »Dogecoin Bolstered by Coinbase Addition as Musk Tweets Continue
(Bloomberg) — Dogecoin, the Shiba Inu-themed cryptocurrency started as a joke in 2013, outperformed top rivals in the week as it launched on the Coinbase exchange. While the biggest cryptocurrencies Bitcoin and Ether were up 6.2% and 14.9% over the past seven days respectively, Dogecoin advanced 24% over the same period as of 7:50 a.m. in London, according to CoinGecko pricing. While Coinbase said weeks ago that it planned to add Dogecoin, the announcement that it now supports the meme-based… Source link
Read More »