This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Thursday, December 15, 2022 Today’s newsletter is by Myles Udland, senior markets editor at Yahoo Finance. Follow him on Twitter @MylesUdland and on LinkedIn. Read this and more market news on the go with the Yahoo Finance App.Yahoo Finance App. The Federal Reserve expects an economic downturn next year. But just don’t call it a recession. In its… Source link
Read More »Here’s What Analysts Are Forecasting Now
It’s been a pretty great week for Yandex N.V. (NASDAQ:YNDX) shareholders, with its shares surging 11% to US$67.73 in the week since its latest first-quarter results. The results don’t look great, especially considering that the analysts had been forecasting a profit and Yandex delivered a statutory loss of ₽11.29 per share. Revenues of ₽73b did beat expectations by 4.7% though. Earnings are an important time for investors, as they can track a company’s performance, look at what the… Source link
Read More »Google backs former DeepMind employee’s ‘solar forecasting’ start-up
A portion of the Stafford Hill solar power project gathers energy from the sun in Rutland, Vt., on Tuesday, Sept. 15, 2015. With the completion of the project developed by Green Mountain Power, Vermont’s largest electric utility, the city of Rutland claimed it has more solar capacity, 7.8 megawatts, per capita than any other city in the New England region. Wilson Ring | AP LONDON — Google is backing a climate change start-up founded by an ex-DeepMind employee through its philanthropic arm,… Source link
Read More »AI software company C3.ai surges 140% in debut despite CEO forecasting slowing growth
TipRanks 3 “Strong Buy” Stocks That Could Reach New Highs The markets have been on a tear of late despite the headwinds presented by the novel coronavirus pandemic. The question is how long this will last?Writing from Goldman Sachs, the firm’s chief US equity strategist David Kostin says that the markets will outperform both other investments and analyst expectations over the next two years. He sees the S&P 500 hitting 4,600 by the end of 2022, which would represent a 25% gain.Backing… Source link
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