Tag Archives: Current

Investors are facing a confusing environment, with long- and short-term signals sending different messages. Inflation remains stubbornly high, above an 8% annualized rate, and the Federal Reserve has made it clear that additional interest rate hikes are in the offing. Stocks are well off their highs, and despite last Friday’s gains, the S&P 500 and the Nasdaq posted their sixth consecutive weekly loss. But there are positives, too. The 1Q22 earnings season gave an upbeat vibe, as more than… Source link

MOSCOW, RUSSIA and AMSTERDAM, the NETHERLANDS / ACCESSWIRE / March 3, 2022 / Yandex (NASDAQ:YNDX)(MOEX:YNDX), a Netherlands-registered company and one of Europe’s largest internet businesses as well as the leading search and ride-hailing provider in Russia, today provided an update on the impact of current geopolitical developments on the Company. In recent days, a number of governments, including those of the United States, United Kingdom and European Union, have adopted new sanctions on… Source link

The University announced that current students will not be required to switch from Google accounts to Office 365 in the spring in an email sent ​​Wednesday by Dana German, associate vice president and deputy chief information officer.  “These changes incorporate your feedback while still making meaningful progress toward U.Va.’s goal of a shared communication and collaboration platform for all members of our university community,”… Source link

Target (TGT) has devised a novel way to partially get around the looming (and likely severe) retail worker shortage for this year’s all-important holiday shopping season.  Invest even more in the retailer’s current workforce. Target said Thursday it will hire fewer workers this holiday season. But, it will provide 5 million more hours to its existing workforce at a total cost of $75 million. The company said it would have store leaders “check in” with existing workers to understand their… Source link

Tesla, Inc. (NASDAQ: TSLA) recently launched the subscription option for full self-driving. Loup Ventures Managing Partner Gene Munster offered his take on what this means for the company. FSD Can Move The Financial Needle: The subscription option can accelerate FSD adoption, given the cost shifts from $10,000 upfront to $200 per month, or $99 for cars that already have advanced Autopilot, Munster said in the note. This, according to the analyst, is an important step along the long-term path… Source link

Google has finally given its new, unified smartwatch platform a name — and it’s an obvious one: Wear OS 3. That little detail was part of what may be a more contentious set of information about which current Wear OS smartwatches will be updated, when those updates will come, and what those updates will entail. On all three of those fronts, it’s not very good news. Google says that Wear OS 3 updates will start rolling out to a limited set of smartwatches in the “second half of… Source link

Let’s step back and take a look at the big picture, while keeping stocks in focus. Both the S&P 500 and the Nasdaq hit a series of record highs — mainly due to increasing investor confidence that the current inflationary environment will be a transitory event rather than a sustained trend. Clearly, investors are not shy about stocks, even though the Commerce Department’s inflation indicator for May hit 3.4%, it’s fastest rate of increase since the 90s.  Given this alarming… Source link

Consumer spending has long been the engine of the US economy, which is what made the social lockdown policies put in place against COVID so devastating. By forcing the public to stay home, the policies effectively shut down the main source of economic activity. Fortunately, we are now on an upswing; COVID is on the wane, most of the restrictions have been, or are being, lifted, and economic activity starting to buzz again. A flood of cash, from stimulus checks, tax credits, and accumulated… Source link

In a volatile market environment, with stocks getting buffeted about by a variety of conflicting forces, investors are looking to the expert commentators for some guidance. Covering the macro situation from banking giant JPMorgan, quant strategist Marko Kolanovic believes that we’re in for continued gains in stocks. Kolanovic doesn’t dismiss the recent dips in the S&P 500 and the NASDAQ; rather, he sees them as temporary. Kolanovic points out that we’re approaching the end of Q1 and… Source link

TipRanks Analysts See an ‘Attractive Entry Point’ in These 3 Stocks What to make of markets today? Everything is both up and down. The major stock indexes are showing strong gains for the past year, but have seen recent pullbacks. High volatility, however, brings on opportunities. During these pullbacks, investors get a chance to ‘buy low and sell high,’ taking advantage of short-term falls in share prices. There’s risk, of course. Stocks don’t exist in a vacuum, and the forces… Source link