Google parent Alphabet Inc. GOOG -1.62% is expected to report strong sales growth despite global economic turmoil, propelled by digital advertising spending in its core search business. Rising inflation, supply chain disruptions, Russia’s war on Ukraine and other factors have weighed on the economic outlook and, analysts say, companies’ appetite to spend on ads. Snap… Source link
Read More »Twitter expected to say no to Elon Musk as Yahoo owner Apollo shows interest: report
Twitter Inc. TWTR, +7.48% is expected to turn down Tesla Inc. TSLA, +1.96% Chief Executive Elon Musk’s offer for the social-networking company, and private-equity powerhouse Apollo Global Management Inc. APO, -1.27% is considering whether to join in a bid, according to a Monday afternoon report. The Wall Street Journal reported after U.S. markets closed that leaders of Apollo, which owns the remnants of… Source link
Read More »Bank expected to report lackluster Q1 results
JPMorgan Chase & Co. (JPM), the largest U.S. bank by assets, is the first among a lineup of mega banks to unveil first quarter results this week as earnings season kicks off. The company has been a strong outperformer in the banking sector, which lagged the broader market meaningfully this year amid concerns over U.S. bank ties to Russia and worries of an economic slowdown. Still, shares of JPMorgan are down 18.7% year to date. JPMorgan released its quarterly results Wednesday. Here were the… Source link
Read More »Bank earnings expected to decline despite boost from Fed rate hikes
Banks will kick off earnings season this week, with first-quarter results due out from a lineup of industry heavyweights led by JPMorgan Chase on Wednesday. The latest quarterly figures are expected to preface a lackluster year for bank profits despite the lift anticipated from higher interest rates. According to projections compiled by S&P Global Market Intelligence, U.S. bank earnings will fall by more than 8% in 2022 from last year, namely as the financial boost from releasing reserves… Source link
Read More »Russia’s Ukraine invasion expected to have ‘huge impact’ Jersey Shore’s economy
From spiking oil and wheat prices to a potential shortage of neon gas needed for already-scarce semiconductors, the war in Ukraine is taking a toll on the global economy. And that includes the small beach towns that make up New Jersey’s shore region. Popular destinations ranging from Seaside Heights, made famous by “The Jersey Shore,” to Wildwood rely on foreign workers during the crucial summer months to run the boardwalk stands and amusements that generate much of the shore area’s… Source link
Read More »Gas prices in Canada expected to keep rising: Yahoo/Maru poll
More than half of Canadians believe high gas prices are here to stay, and could push higher, according to a public opinion poll by Yahoo/Maru. Most Canadians believe high gas prices are here to stay, and could keep pushing higher, a new Yahoo/Maru public opinion poll shows. However, only 16 per cent say they’re serious about buying a fully electric or hybrid vehicle for their next automotive purchase. The survey found more than a quarter (27 per cent) of respondents point to international… Source link
Read More »The Global Zero Trust Market is expected to grow by $ 25774.05 million during 2021-2025, progressing at a CAGR of 17.54% during the forecast period
Global Zero Trust Market 2021-2025 The analyst has been monitoring the zero trust market and it is poised to grow by $ 25774. 05 million during 2021-2025, progressing at a CAGR of 17. New York, Jan. 03, 2022 (GLOBE NEWSWIRE) — Reportlinker.com announces the release of the report “Global Zero Trust Market 2021-2025” – https://www.reportlinker.com/p06191385/?utm_source=GNW 54% during the forecast period. Our report on the zero trust market provides a holistic analysis, market size and… Source link
Read More »$0.18 EPS Expected for Yandex (NASDAQ:YNDX) This Quarter
Brokerages expect Yandex (NASDAQ:YNDX) to announce $0.18 earnings per share for the current fiscal quarter, according to Zacks Investment Research. Zero analysts have provided estimates for Yandex’s earnings, with estimates ranging from $0.03 to $0.33. Yandex posted earnings of $0.23 per share in the same quarter last year, which indicates a negative year-over-year growth rate of 21.7%. The firm is scheduled to issue its next quarterly earnings results on Tuesday, February 15th. On average,… Source link
Read More »DeAndre Hopkins expected to miss regular season due to knee
The Arizona Cardinals will fight for the top seed in the playoffs without one of their biggest playmakers. Wide receiver DeAndre Hopkins is expected to miss the rest of the regular season due to a sprained knee, according to Adam Schefter of ESPN. Hopkins sustained the injury during Monday night’s loss to the Los Angeles Rams. He had an MRI on Monday, and went for a second opinion Wednesday. Hopkins may need surgery to correct the issue, according to Schefter. Despite the injury, the… Source link
Read More »Google workers in U.S. won’t return to office as expected on Jan. 10
Google CEO Sundar Pichai speaks during the Google I/O keynote session at Shoreline Amphitheatre in Mountain View, California on May 7, 2019. Josh Edelson | AFP | Getty Images Google will not be returning to offices as expected on Jan. 10 after all, according to a companywide email sent Thursday that CNBC has seen. The company’s security VP, Chris Rackow, stated in the email to employees that it will wait until the new year to assess when U.S. offices can safely return to its “stable, long-term… Source link
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