Tag Archives: Crunch

Amid a strained period for supply chains across the country, UPS looks like a bright spot for investors, according to a new note from Stifel. Stifel upgraded the stock from Hold to Buy, noting that “there’s a lot to like about the fundamental UPS story right now,” raising its target price to $224. “I’d say that UPS is in the best position or at least one of the best positions” amid the holiday shopping season, Stifel’s Bruce Chan said on Yahoo Finance Live. “When you’re looking at the kind of… Source link

(Bloomberg) — China may be diving head first into a power supply shock that could hit Asia’s largest economy hard just as the Evergrande crisis sends shockwaves through its financial system. Most Read from Bloomberg The crackdown on power consumption is being driven by rising demand for electricity and surging coal and gas prices as well as strict targets from Beijing to cut emissions. It’s coming first to the country’s mammoth manufacturing industries: from aluminum smelters to… Source link

Despite increased vaccinations and easing coronavirus restrictions, the U.S. economy is experiencing a labor crunch that’s prompting a number of companies to hike wages, in part to attract needed workers. The strong COVID-19 rebound has lit a fire under the economy, but April’s weak jobs figures stoked a furious debate about whether enhanced unemployment benefits were behind the worker shortage. As a result, a handful of states like Mississippi, Missouri, Montana, and South Carolina, have… Source link

Bloomberg A $1 Trillion Liquidity Surge Is Morphing Into a Leverage Boom (Bloomberg) — It was supposed to be a temporary buffer — more than $1 trillion of debt taken on by U.S. companies last year to ride out the economic devastation caused by Covid-19.But with the economy rebounding and interest rates still near all-time lows, it’s becoming increasingly tempting for corporations including Home Depot Inc. and Verizon Communications Inc. to spend those cash cushions on acquisitions and… Source link

Google says it’s focusing on privacy-friendly approaches to ad targeting, Okta acquires Auth0 and a flying taxi startup raises $241 million. This is your Daily Crunch for March 3, 2021. The big story: Google swears off ad-tracking While Google had already announced it would be phasing out support for third-party cookies in Chrome, it went further today by declaring that “once third-party cookies are phased out, we will not build alternate identifiers to track individuals as they browse across… Source link

Google says it’s focusing on privacy-friendly approaches to ad targeting, Okta acquires Auth0 and a flying taxi startup raises $241 million. This is your Daily Crunch for March 3, 2021. The big story: Google swears off ad-tracking While Google had already announced it would be phasing out support for third-party cookies in Chrome, it went further today by declaring that “once third-party cookies are phased out, we will not build alternate identifiers to track individuals as they browse across… Source link

TipRanks 3 Stocks Trading at Rock-Bottom Prices; Analysts Say ‘Buy’ A new year, a new addition to the stock portfolio – what can make more sense than that? The right time to buy, of course, is when stocks are priced at the bottom. Buying low and selling high may be a bit hackneyed, but it’s true, and truth has staying power.But the markets are up. The NASDAQ rose 43% in 2020, and the S&P 500 showed a gain of 16%. With a market environment like that, finding stocks that are caught in… Source link