Tag Archives: Financial

‘Bear down’ and ‘be as frugal as you can’: Baby-boomer financial experts speak from experience on ways to ride out a recession It was a time of big hair, shoulder pads and the Cold War. But something often less thought of when feeling nostalgic about the ‘80s, was the interest rates that were high enough to make you dizzy. “The interest rates started the decade around 20%,” says Brad Lyons, a certified financial planner and an investment manager at Wiser Wealth Management based… Source link

Twitter CEO Parag Agrawal (left) is at loggerheads with Elon Musk over the Tesla CEO’s proposed $44 billion takeover.Kevin Dietsch/Getty Images, Andrew Kelly/Reuters Twitter CFO Ned Segal warned employees Friday their bonuses could be half the maximum, per The NYT. Segal said the company’s bonus pool was at 50% of where it could be if financial targets were being hit, per The NYT. Twitter employees’ bonuses are tied to the company’s financial performance, which has declined of late. Twitter told… Source link

Stocks held on to gains Monday, reversing earlier declines, with the Nasdaq leading the way, closing up 0.62% to 13,128.05. Here are the top trending after-hours tickers on Yahoo Finance: Apple (AAPL), Activision Blizzard (ATVI), Ally Financial (ALLY): Berkshire Hathaway boosted its stake in Apple, Activision Blizzard, Ally Financial, Paramount Global (PARA) and Celanese (CE), according to a regulatory 13F filing. Berkshire added about 3.9 million shares of Apple, bringing its total stake in… Source link

NVIDIA Preliminary second quarter revenue of $6.70 billion versus outlook of $8.10 billion Shortfall versus outlook primarily driven by weaker Gaming revenue Management to discuss financial results and outlook on Aug. 24 earnings call SANTA CLARA, Calif., Aug. 08, 2022 (GLOBE NEWSWIRE) — NVIDIA (NASDAQ: NVDA) today announced selected preliminary financial results for the second quarter ended July 31, 2022. Second quarter revenue is expected to be approximately $6.70 billion, down 19%… Source link

MOSCOW, RUSSIA and AMSTERDAM, the NETHERLANDS / ACCESSWIRE / July 27, 2022 / Yandex (NASDAQ:YNDX)(MOEX:YNDX), one of Europe’s largest internet companies, today announced its unaudited financial results for the second quarter ended June 30, 2022. Q2 2022 Financial and Operational Highlights1,2 In RUB millions Three months ended June 30 2021 2022 Change Total Revenues 81,402 117,748 45% Online Ad Revenues 39,586 48,430 22% Total Adjusted EBITDA 5,780 25,694 345% Total Group Total Adjusted EBITDA margin, %

Truist Financial Corp boosted its position in Yandex (NASDAQ:YNDX – Get Rating) by 7.8% in the first quarter, Holdings Channel.com reports. The firm owned 31,824 shares of the information services provider’s stock after purchasing an additional 2,289 shares during the quarter. Truist Financial Corp’s holdings in Yandex were worth $602,000 at the end of the most recent reporting period. Several other institutional investors and hedge funds also recently made… Source link

Vauld, a Singapore-headquartered crypto lending and exchange startup, has suspended withdrawals, trading and deposits on its eponymous platform with immediate effect as it navigates “financial challenges,” it said Monday. The startup — which counts Peter Thiel-backed Valar Ventures, Coinbase Ventures and Pantera Capital among its backers and has raised about $27 million — said it is facing financial challenges amid the market downturn and has seen customer withdrawals of about $198 million… Source link

Google has announced an expansion of its rules around ads relating to financial products and services, in order to provide additional protection from fraud and scams for consumers in more regions. Google launched the first stage of its new financial services policy roll out in September last year, with providers in the UK required to provide documentation confirming that they’re authorized by the UK Financial Conduct Authority before they can run Google ads. Now, the same regulations will… Source link

Rongtong Fund Management, which was once part of Xiao Jianhua‘s Tomorrow Group, has unveiled a management reshuffle, marking its official exit from the missing Chinese magnate’s embattled financial empire. Zhang Wei was named Rongtong’s chairman on Friday, taking over from Gao Feng who resigned citing personal reasons after seven years in the position, according to a statement issued by the asset management firm. Zhang is also the chairman of New Times Securities, which owns Rongtung, and was… Source link

Toronto, Ontario –News Direct– Star Royalties Ltd. Star Royalties Ltd. May 30, 2022 – TheNewswire – TORONTO, ON – Star Royalties Ltd. (“Star Royalties”, or the “Company”) (TSXV:STRR), (OTC:STRFF) is pleased to report its financial results for the quarter ended March 31, 2022.  All amounts are in U.S. dollars unless otherwise indicated. Alex Pernin, Chief Executive Officer of Star Royalties, commented: “During the first quarter of 2022, Elk Gold Mine commenced production, while… Source link