Tag Archives: growth

Disney (DIS) shares tumbled on Friday after reporting disappointing fiscal second-quarter results, with revenue and new Disney+ subscribers coming up short and the company’s theme parks business posting a fourth straight quarterly loss.  Shares of the Dow-component were down as much as 5.4% at session lows Friday morning, which would represent the stock’s worst day since June 2020.  “Disney’s in the middle of a recovery. I think what you’re seeing in terms of the stock performance is,… Source link

Benzinga The Pandemic Changed Our Money Habits — Here’s Exactly How By Lacey Cobb There’s no doubt that the pandemic has had a significant impact on people’s finances. Millions of people lost their jobs, forcing them to cut back on their spending. For others, spending changes were less about job loss and more about restrictions around what they could spend their money on. A recent Personal Capital survey examined spending during the pandemic. It looked closely at how people’s… Source link

(Bloomberg) — Alphabet Inc. and Facebook Inc. tumbled on Monday, leading a broad move lower in internet stocks after Citigroup Inc. warned about the outlook for digital advertising, a key source of revenue for the sector. The firm downgraded both names to neutral from buy, writing that “caution is in order” for companies that derive revenue from digital advertising. While ad budgets are expected to continue shifting online, growth is likely to decelerate, and “historically, that… Source link

Uber (UBER) reported its Q1 2021 earnings after the closing bell on Wednesday, beating analysts’ expectations on the strength of its delivery business. Here are the most important numbers Wall Street is looking for from the report versus how the ride-hailing company performed in the same quarter last year. Gross bookings: $19.54 billion versus $18.07 billion expected Ride gross bookings: $6.8 billion versus $6.6 billion expected Delivery gross bookings: $12.5 billion versus $10.7 billion… Source link

Home price growth in the U.S. surged at the fastest pace in 15 years in February. Standard & Poor’s said Tuesday that its S&P CoreLogic Case-Shiller national home price index posted a 12% annual gain in February, up from 11.2% in January. The rate is the highest year over year gain recorded by the index since February 2006. The 20-City Composite posted a 11.9% annual gain, up from 11.1% the previous month, beating consensus estimates of 11.9%, according to Bloomberg. “Housing’s strength… Source link

(Bloomberg) — U.S. Treasury yields rose amid confidence the Federal Reserve will remain accommodative even as robust growth takes the world’s largest economy back to pre-pandemic levels. Stock-index futures were mixed. Havens including the dollar and government bonds were under pressure while copper, seen as a barometer of growth, surged to the highest in a decade. The U.S. 10-year rate bounced back from its 50-day moving average, underscoring the reflation trade is still alive, but… Source link

TipRanks 2 Dividend Stocks Yielding at Least 7%; Analyst Says ‘Buy’ The stock market pulled back from all-time highs this week, as investors paused to consider just what’s been goosing stocks – and what the future may hold. A flood of stimulus cash, unleashed by the Biden Administration’s big spending bills, is set to push GDP growth to 9% for 3Q21, but next year looks like it will slip back as the spending runs its course. Economists are predicting 5.5% GDP growth next year. This… Source link

Sundar Pichai, chief executive officer of Google Inc. Bloomberg | Getty Images Alphabet‘s stock hit an all-time high earlier this week, and analysts say growth in Google’s businesses outside of search ads could propel shares even higher On Monday, April 19, the Google-parent company’s stock price hit an intraday all-time high of $2,304.09 and ended the day at a record closing high of $2,289.76. But that’s just the tip of the iceberg, analysts told CNBC. Source link

Netflix’s (NFLX) striking miss on first-quarter subscriber additions vindicated some analysts’ views that the future growth prospects for the company would start to dwindle once users started going out again after the COVID-19 pandemic. While others remain bullish on the streaming giant. “Netflix, they’re in a damned if you do, damned if you don’t situation. Investors are now demanding cash flow. They burned through tens of billions of dollars building the platform,” David Trainer, chief… Source link

The new Google Pixelnook Go laptop is on display during a Google product launch event called Made by Google 19 on October 15, 2019 in New York City. Johannes Eisele | AFP | Getty Images Caesar Sengupta, an executive who has led several projects inside Google, including payments and ChromeOS, said Monday he’s leaving the company after 15 years. “I remain very positive about Google’s future but it’s time for me to see if I can ride without training wheels,” Sengupta wrote in a LinkedIn post… Source link