Bloomberg Why China Can’t End Its Romance With GDP Growth Target (Bloomberg) — In a battle between those who love or hate China’s economic growth target, a compromise appears to have emerged: a goal low enough to be more easily ignored.China’s leaders have an ambivalent relationship with the gross domestic product target they have set almost every year since the 1990s. It’s celebrated as the key to mobilizing millions of bureaucrats who compete for promotions by increasing growth… Source link
Read More »US Stock Indexes Mixed as Investors Buy Growth, Sell Value Shares
TipRanks 2 ‘Strong Buy’ Stocks With 7% Dividend Yield You can get whiplash, trying to follow the market fluctuations these days. Volatility rules for now, as investors are pulling out of Big Tech – a move that is pushing the general markets down. The bearish sentiment comes as new COVID case numbers are falling, along with the weekly unemployment claims. Both are positive news bites for the economy, and will help to justify increased economic opening. At the same time, a Congressional… Source link
Read More »Salesforce Falls as Sales Growth Rate Fails to Satisfy Investors
(Bloomberg) — Salesforce.com Inc. reported sales increased 20% in the fiscal fourth quarter, the same year-over-year gains as in the previous period, disappointing investors who were looking for growth to accelerate. Shares dropped about 4% in extended trading. Still, the company gave a revenue forecast for the current period that exceeded analysts’ estimates, suggesting customers have begun spending more on its software after slowdowns fueled by the pandemic. Sales were $5.82 billion in… Source link
Read More »Nvidia Slips on Concern About Growth of Data Center Business
(Bloomberg) — Nvidia Corp. shares slipped on concern about growth of the company’s data center chip business. During an earnings conference call, Chief Financial Officer Colette Kress said the majority of growth in the current period will come from Nvidia’s gaming business. Some analysts worried that means the data center division will expand more slowly and they asked several questions on the topic during the call. Nvidia reported data center chip sales jumped 97% to $1.9 billion in the… Source link
Read More »Home price growth surges at the end of 2020 — fastest pace in 8 years
Home price growth in the U.S. accelerated in the final month of 2020 — the fastest pace in eight years. The results top off what was a record year for the housing market despite the COVID-19 pandemic. Standard & Poor’s said Tuesday that its S&P CoreLogic Case-Shiller national home price index posted a 10.4% annual gain in December, up from 9.5% in November — the fastest growth rate since 2013. The 20-City Composite posted a 10.1% annual gain, up from 9.2% the previous month — beating… Source link
Read More »Cannabis giant Canopy Growth surges 12% on new profitability outlook and US legalization hopes
TipRanks 3 Monster Growth Stocks That Are Still Undervalued Let’s talk about growth. With corona receding, politics growing less exciting, and a new year ahead, investors are getting optimistic – and that means there’s a hunt for stocks that will bring in strong returns. In other words, growth stocks. In a recent interview, Jan Hatzius, chief economist at investment giant Goldman Sachs, said that he sees GDP growth in 2Q21 hitting as high as 10%. In an environment like that, most stocks… Source link
Read More »Google owner Alphabet sees record growth as ad spend soars – BBC News
[unable to retrieve full-text content] Google owner Alphabet sees record growth as ad spend soars BBC News Alphabet’s Google posts record sales as retailers shell out for ads Reuters In Its Race To Beat AWS And Azure, Google Cloud Lost $5.6 Billion In 2020 Forbes Google’s rebounding ad revenue spells big 4Q for Alphabet ABC News Google’s cloud business is losing money | | kctv5.com KCTV Kansas City View Full Coverage on Google News Source link
Read More »Is There More To The Story Than Yandex’s (NASDAQ:YNDX) Earnings Growth?
Many investors consider it preferable to invest in profitable companies over unprofitable ones, because profitability suggests a business is sustainable. That said, the current statutory profit is not always a good guide to a company’s underlying profitability. Today we’ll focus on whether this year’s statutory profits are a good guide to understanding Yandex (NASDAQ:YNDX). While Yandex was able to generate revenue of ₽198.4b in the last twelve months, we think its profit result of… Source link
Read More »Verizon Media Reports First YOY Growth In Q4 Since Yahoo Buy
Verizon revealed during its earnings call Tuesday morning Verizon Media Group had a solid Q4 – total revenues jumped 11.4% to $2.3 billion YOY – marking the first quarter of year-over-year growth since the wireless giant acquired Yahoo in 2017 for $4.48 billion. Growth in the quarter was fueled by strong advertising trends, with revenue from Verizon Media’s DSP growing 41% YOY. “We are very pleased with Verizon Media Group’s performance,” said Verizon CFO Matt Ellis…. Source link
Read More »Search Engine Market 2021 | Covid19 Impact Analysis | Growth, Revenue, Trends and Forecasts 2026 |Google, Baidu, Bing, Yahoo!, Yandex, etc – KSU
Search-Engine-Market Download PDF Sample Get Exclusive Discount Buy now Latest research on Global Search Engine Market report covers forecast and analysis on a worldwide, regional and country level. The study provides historical information of 2016-2021 together with a forecast from 2021 to 2026 supported by both volume and revenue (USD million). The entire study covers the key drivers and restraints for the Search Engine market. this report included a special section on the
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