While several businesses continue to succumb to an unprecedented pandemic, certain semiconductor companies are seeing strong growth driven by demand in end markets like cloud computing, gaming and PCs. Also, the industry’s growth prospects look strong based on tremendous opportunities in 5G technology, AI and data centers. Shares of chip makers like AMD, Nvidia, Qualcomm and Taiwan Semiconductor have rallied significantly this year. But then, investors are now wondering if there is room for… 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
Read More »Home price growth surges at a pace not seen since 2014
TipRanks Bull Moves: Analysts Just Upgraded These 3 Hot Stocks The world’s largest asset manager is impressed with the market’s recent gains, and it has made that sentiment clear by upgrading US stocks. In its recent reassessment of conditions in the American financial markets, investment giant BlackRock issued a general upgrade for Wall Street. This wasn’t an upgrade on particular stocks, but on the US market as a whole.Explaining the move, the BlackRock note points out that the daily… Source link
Read More »Investing in growth and value stocks: Yahoo U
TipRanks 3 “Strong Buy” Stocks Insiders Are Snapping Up President John Kennedy famously said, once, “A rising tide lifts all boats,” and this is true in the stock markets, too. We’re in the midst, now, of just such a rising tide – at least for the short term. The main indexes, the Dow, the S&P, and the NASDAQ, are all up between 9% and 12.5% this month, and the trends are positive. The recent election, making clear the prospect of a divided government unlikely to pass radical… Source link
Read More »BlackRock Likes Growth Stocks on Divided U.S. Government
InvestorPlace 7 High-Yield Dividend Companies to Invest in During the Pandemic It’s been a volatile year for investors in general. And nowhere has that been more true than in high yield dividend stocks. In March and April, there was a massive number of companies that slashed or entirely suspended their dividends. This year has been a period of devastation for income-focused investors, particularly in sectors like real estate investment trusts (REITs). And while things have gotten better… Source link
Read More »Uber beats Q3 earnings expectations powered by growth in Eats business, Rides falls short
Uber (UBER) reported its Q3 2020 earnings after the closing bell on Thursday, beating analysts’ expectations on solid growth from its Eats business. Still, the impact of the ongoing coronavirus pandemic continues to be a concern for Uber’s main Rides business, which fell short of analysts’ forecasts. Here are the most important numbers from the report compared to what analysts were expecting from the company in the quarter, as compiled by Bloomberg. Gross bookings: $14.75 billion versus… Source link
Read More »Google and Walmart face growth hurdles as India caps payments transactions – TechCrunch
Google and Walmart have a new challenge ahead of them as they race to expand the reach of their payments apps in India: They won’t be permitted to grow beyond a limit. National Payments Corporation of India (NPCI), the body that operates the widely popular UPI payments infrastructure, said Thursday evening that it will enforce a cap to ensure that no single payments app processes more than 30% of UPI transactions in a month. The payments body said the move is… Source link
Read More »Google and Walmart face growth hurdles as India caps payments transactions
GlobeNewswire Town and Country Financial Corporation Reports Record Third Quarter 2020 Financial Results SPRINGFIELD, Ill., Nov. 05, 2020 (GLOBE NEWSWIRE) — Town and Country Financial Corporation (the “Company”) (OTC Pink: TWCF) today announced financial results for the third quarter of 2020. Key highlights included: * Record third quarter 2020 net income of $2.1 million, up slightly from third quarter 2019, and after a quarterly provision for loan losses of $1.5 million. * Record net… Source link
Read More »Yandex: Revenue Growth Evaporated, But Investors Don’t Care Much (NASDAQ:YNDX)
These days, Yandex’s (NASDAQ:YNDX) shares are trying to emulate the behavior of the US big tech stocks, which continue to soar no matter what. The problem, however, is that the rally went too far from the reality the company operates in today. The recent stock run would make sense for Yandex in pre-covid times, but now it’s really hard to justify a ridiculously high valuation of the company. On the other hand, if we look at Yandex through the lenses of a typical growth story where the public… Source link
Read More »Facebook Reports Slower Q2 Advertising Growth While Google Reveals A Rare Revenue Decline
In the second quarter, Facebook reported 10% growth in ad revenue while Google’s declined. Photo Illustration by Rafael Henrique/SOPA Images/LightRocket via Getty Images The headwinds of Covid-19’s economic impact in the second quarter were strong enough to slow down even the ad-funded tech giants. In its second-quarter results released today, Facebook reported $18.7 billion in revenue, an increase of 11% despite the slowdown of advertising spend as… Source link
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