Tag Archives: digital

GameStop (GME), a WallStreetBets favorite and phenomena of the year, reported fourth quarter results Tuesday afternoon which missed analyst expectations on the top and bottom lines and named a new COO as it focuses on growing e-commerce sales. The company also announced former Amazon and Google tech veteran Jenna Owens will be the next Chief Operating Officer. The stock was immediately up in after hours, before turning lower about 30 minutes later. These are the results versus consensus Wall… Source link

Bloomberg Gold Set for First Back-to-Back Weekly Gain Since Early January (Bloomberg) — Gold rose, heading for its first consecutive weekly gains since January as the dollar wavered and investors assessed demand for the metal as a hedge against inflation.Equities fluctuated and Treasury yields retreated from the highest levels of the day, easing pressure on bullion. The Bloomberg Dollar Spot Index was little changed after rising earlier.Bullion has steadied after two straight monthly losses… Source link

Amazon (AMZN) Web Services is the most popular cloud platform in the world, accounting for 31% of global market share, according to Canalys. And the platform, which turned 15 this month, isn’t finished growing, at least according to Amazon CTO Werner Vogels. Vogels, who has been with Amazon since 2004, sat down with Yahoo Finance to discuss the future of the preeminent cloud platform, where he sees it expanding in the future, and how 5G and space fit into the picture, ahead of his… Source link

Russian pay TV operator Tricolor has secured rights to show matches from the country’s second-tier football league, the FNL, on satellite through a partnership deal with leading Russian web portal Yandex.  Tricolor will show FNL matches on its new Football Channel, which it launched at the start of this month and which is available as part of its Unified package. The deal with Yandex, which held rights to the FNL to stream through its portal, will enable Tricolor customers to watch all… Source link

TipRanks Raymond James: These 3 Stocks Are Poised to Surge by at Least 50% In a recent note on the state of the stock markets, Raymond James equity strategist Tavis McCourt points out a series of policy factors that are playing a role in the current market volatility; the situation is more complex, perhaps, than most of us have been willing to admit. McCourt notes permutations of the SLR rule, political dynamics on the Senate Banking Committee, and the regulatory atmosphere towards potential… Source link

Google LLC’s decision to stop tracking individual web browsing activity in its products and services marks a notable shift for the digital advertising market, but analysts said the move aligns with a broader push by consumers and regulators for more data privacy. Tracking third-party web activity has also become less necessary for Google’s business over time. Although the Alphabet Inc. unit derives most of its revenue from advertising (81.2%), the vast reach of its search and other… Source link

(Bloomberg) — Trouble may be brewing in China for Bitcoin’s raucous and divisive rally as the nation pushes ahead with a world-leading effort to create a digital version of its currency. That’s because the eventual rollout of the virtual yuan could roil cryptocurrency markets if Chinese officials tighten regulations at the same time, according to Phillip Gillespie, chief executive of crypto market maker and liquidity provider B2C2 Japan, which mainly works with institutional… Source link

TipRanks The Bottom Is in for These 3 Stocks? Analysts Say ‘Buy’ Never say that one person makes no difference. This past Thursday, stocks tumbled, bonds surged, and investors started taking inflationary risks seriously – all because one guy said what he thinks. Jerome Powell, chair of the Federal Reserve, held a press conference at which he gave both the good and the bad. He stated, again, his belief that the COVID vaccination program will allow a full reopening of the economy, and that… Source link

Alphabet Inc.’s Google has crushed almost all its competitors in the world of digital-advertising technology. But one rival is emerging as the best hope to challenge the tech giant—if it manages to keep up its momentum. The Trade Desk Inc., which specializes in helping companies buy online ads across publishers’ websites, has done what others failed at: eating into Google’s share of the market. While Google dominates that area of ad-buying with about 40% of the business, Trade Desk is… Source link

Facebook has turned the news back on. In Australia, the websites that were previously blocked by Facebook are now accessible and sharable once again. But the battle involving social networks and news is just beginning. Last week Australia’s government passed a law this week that offered a glimpse at the future for Facebook and media consumers around the world. The News Media Bargaining Code, passed Wednesday, effectively forces big tech platforms to pay publishers for news… Source link