Tag Archives: growth

Uber beats Q1 earnings expectations powered by delivery business growth

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

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US home price growth reaches 15-year high

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

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Treasury Yields Rise on Growth Bets, Dollar Falls: Markets Wrap

(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

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Economic growth is ‘peaking’: Goldman Sachs

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

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Google Cloud, ad sales on YouTube bolster Alphabet’s long term growth

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

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‘The jig is up on Netflix’ as subscriber growth slows: Analyst

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

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Google exec who led payments, ChromeOS and user growth is leaving

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

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3 Monster Growth Stocks That Could Reach New Highs

Every investor knows that you can’t look to a stock’s past performance as predictor of future gains. It’s become axiom, even, one of the stock phrases that we all learn about in Econ 101: ‘Past performance does not guarantee future returns’ is common formulation. But that simple phrase, while true, raises a tough question: How should an investor judge a stock? The truth is, past is prologue, not prophet, and investors can profit by taking past performance as one of many factors in… Source link

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LaMelo Ball has shown ‘tremendous’ growth this season

Charlotte Hornets guard LaMelo Ball, during the first half of the season, emerged as one of the top rookies and a huge reason for that success is the improvements made seemingly every night on the court. The play of Ball this season has forced many to change their opinion of his overall game. While fans have had to change course, players themselves have also had to do the same with Golden State Warriors forward Draymond Green the latest to offer praise to Ball. Ball, through 36 games played,… Source link

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