Tag Archives: earnings

As Amazon dropped bombshell news on Tuesday, revealing its chief executive officer’s departure alongside its highest revenues yet, elsewhere in the tech and finance world, another tech giant announced earnings that underscored how good the pandemic, in general, and the holiday period, in particular, were to the sector. Over the fourth quarter of 2020, Google parent Alphabet saw revenues climb to $56.9 billion, a 23.5 percent increase over the same quarter the year before. The momentum was… Source link

Google cofounders Larry Page, left, and Sergey Brin, right, are now the seventh and eighth richest people on the planet, respectively, with a combined wealth of $180 billion. Corbis via Getty Images Google cofounders Larry Page and Sergey Brin are $14 billion richer than they were Tuesday evening, after parent company Alphabet reported booming growth in quarterly earnings on Tuesday.   Shares of Alphabet have climbed 9.2% since trading opened Wednesday, after the company… Source link

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

Google’s parent company, Alphabet, reports earnings Tuesday. The company saw an uptick in e-commerce and advertising dollars, but it’s also facing three antitrust lawsuits brought by state attorneys general and the U.S. Department of Justice.  How might this affect Google’s business model? These lawsuits target Google’s dominance as a search engine and how businesses rely on Google for customers to find them.  “Google is getting a cut of so much of… Source link

Many investors consider it preferable to invest in profitable companies over unprofitable ones, because profitability suggests a business is sustainable. That said, the current statutory profit is not always a good guide to a company’s underlying profitability. Today we’ll focus on whether this year’s statutory profits are a good guide to understanding Yandex (NASDAQ:YNDX). While Yandex was able to generate revenue of ₽198.4b in the last twelve months, we think its profit result of… Source link

McDonald’s (MCD) on Thursday posted a fourth quarter profit that fell short of Wall Street expectations, but the fast food giant got a sales boost from the COVID-19 trends of menu innovation, takeout and mobile ordering. Here’s what the Chicago-based fast-food restaurant posted, compared to Wall Street’s expectations, according to a Bloomberg consensus estimate: Revenue: $5.31 billion versus $5.37 billion expected Adj. earnings per share (EPS): $1.70 versus $1.77 per share expected U.S…. Source link

Bloomberg Hedge-Fund Titans Lose Billions to Reddit Traders Running Amok (Bloomberg) — For once, Main Street is beating Wall Street.In a matter of weeks, two hedge-fund legends — Steve Cohen and Dan Sundheim — have suffered bruising losses as amateur traders banded together to take on some of the world’s most sophisticated investors. In Cohen’s case, he and Ken Griffin ended up rushing to the aid of a third, Gabe Plotkin, whose firm was getting beaten down.Driven by the frenzied trading… Source link

Stock futures opened slightly higher on Tuesday investors awaited another batch of corporate earnings results and the Federal Open Market Committee’s (FOMC) January monetary policy decision. S&P 500 futures traded higher by about 0.2% as the overnight session kicked off, holding near the index’s all-time high. Contracts on both the Nasdaq and Dow also increased. Late Tuesday, shares of heavily weighted tech stock Microsoft (MSFT) jumped after the company posted fiscal second quarter… Source link

TipRanks 3 Top Dividend Stocks With Growth Opportunity; Goldman Sachs Says ‘Buy’ Investing is all about finding profits, and investors have long seen two main paths toward that goal. Growth stocks, equities that will give a return based mainly on share price appreciation, are one route. The second route lies through dividend stocks. These are stocks that pay out a percentage of profits back to shareholders – a dividend, usually sent out quarterly. The payments vary widely, from less than… Source link

InvestorPlace 7 Dividend Aristocrats That Will Outlive Us All Most long-term investors love passive income stocks. Therefore, today we introduce seven “Dividend Aristocrats,” or businesses that have increased the base dividend every year for the past 25 years. According to metrics from S&P Global (NYSE:SPGI), “Since 1926, dividends have contributed to approximately one-third of total return while capital appreciations have contributed two-thirds. Therefore, both sustainable dividend… Source link