Tag Archives: expects

The logo of Alphabet Inc’s Google outside the company’s office in Beijing, China, August 8, 2018. Thomas Peter | Reuters Alphabet has handily outperformed its megacap tech peers this year, and analysts remain bullish on the stock ahead of the company’s second-quarter earnings results on Tuesday afternoon. Wall Street firms expect Google’s parent company to show continued recovery in Search advertising as well as accelerating ad revenue from YouTube. Source link

TipRanks 3 Stocks Trading at Rock-Bottom Prices; Analysts Say ‘Buy’ Investing is all about profits, and part of generating profits is knowing when to start the game. The old adage says to buy low and sell high, and while it’s tempting just to discount cliches like that, they’ve passed into common currency because they embody a fundamental truth. Buying low is always a good start in building a portfolio. The trick, however, is recognizing the right stocks to buy low. Prices fall for a… Source link

MOUNTAIN VIEW, Calif. — Google says it expects about 20% of ifs workforce to still work remotely after its offices reopen this fall, while some 60% will work a hybrid schedule that includes about three days in the office and two days “wherever they work best.” The remaining 20% can change their location to a different Google office. The policy announced Wednesday relaxes the company’s stricter earlier stance. “The future of work is flexibility,” CEO… Source link

Bloomberg Morgan Stanley’s Record Quarter Stained by Archegos Collapse (Bloomberg) — Morgan Stanley surprised investors with a $911 million loss tied to the collapse of Archegos Capital Management, staining what was otherwise a record quarter for revenue and profit.“The current quarter includes a loss of $644 million related to a credit event for a single prime brokerage client, and $267 million of subsequent trading losses through the end of the quarter related to the same event,”… Source link

Bloomberg Biden Team Eyes Potential Threat From China’s Digital Yuan (Bloomberg) — The Biden administration is stepping up scrutiny of China’s plans for a digital yuan, with some officials concerned the move could kick off a long-term bid to topple the dollar as the world’s dominant reserve currency, according to people familiar with the matter.Now that China’s digital-currency efforts are gathering momentum, officials at the Treasury, State Department, Pentagon and National Security… Source link

Google said staff may start returning to some of its U.S. offices over the next month, another indication of how companies are preparing for a more normalized environment as Covid-19 vaccinations pick up. The search-engine giant owned by Alphabet Inc. said Wednesday the initial return period will be voluntary as offices begin to reopen but with capacity limits, according to an email from Google’s top people executive Fionna Cicconi. “Conditions vary… Source link

Google expects some employees to return to the office in the coming month. Working in Google’s offices will be voluntary for US employees until September, the company said. Employees are being encouraged to get vaccinated, but it won’t be a requirement to return. See more stories on Insider’s business page. Google intends to start… Source link

NBA commissioner Adam Silver believes the league could be in for a more normal year next season. Silver expressed optimism over the 2021-22 NBA season Saturday, saying he expects it to begin on time and with “relatively full” arenas. Silver made those comments while speaking at his annual All-Star news conference. NBA commissioner Adam Silver is hopeful there will be “relatively full” arenas by the start of next season — Vincent Goodwill (@VinceGoodwill) March 6, 2021 The 2019-20 NBA… Source link

Bloomberg A Crypto Kid Had a $23,000-a-Month Condo. Then the Feds Came (Bloomberg) — Stefan Qin was just 19 when he claimed to have the secret to cryptocurrency trading.Buoyed with youthful confidence, Qin, a self-proclaimed math prodigy from Australia, dropped out of college in 2016 to start a hedge fund in New York he called Virgil Capital. He told potential clients he had developed an algorithm called Tenjin to monitor cryptocurrency exchanges around the world to seize on price… Source link

Aaron Rodgers went into more depth on his reaction when the Green Bay Packers drafted Jordan Love in Round 1, and it shed more light on his mindset of the controversial pick. Plus, it gave us insight on Rodgers’ drink of choice when things get a little weird. Typically a scotch man, Rodgers told NFL Media’s Kyle Brandt that he was watching the draft closely, perked up when the Packers traded up four picks to No. 26 overall … and then reached for his bottle of tequila when Love was the… Source link