Tag Archives: Hits

Yandex (NASDAQ:YNDX)’s share price hit a new 52-week low during trading on Tuesday after Citigroup lowered their price target on the stock from $90.00 to $75.00. The company traded as low as $48.76 and last traded at $49.48, with a volume of 75828 shares. The stock had previously closed at $52.34. A number of other equities research analysts have also recently commented on the company. HSBC raised Yandex from a “hold” rating to a “buy” rating and raised their price target for the company… Source link

Inflation has become one of the top economic issues in the U.S., and the Biden administration is acting accordingly with various policy actions. U.S. consumer prices rose 0.5% in December and 7.0% on a year-over-year basis, according to the Bureau of Labor Statistics. It’s the fastest rate since 1982.  Two of the biggest drivers of price spikes over 2021 have been in food and energy which is likely the reason the White House has focused on both of those sectors both for inflation as well as… Source link

Block (SQ) shares hit 52-week lows on Wednesday, closing down more than 8%. The stock slid as part of a recent sell-off in growth names and risky assets amid concerns of Fed rate hikes.  The digital payment firm, formally known as Square, is down about 26% since announcing its corporate entity name change to Block, on Dec. 1 of last year.  The switch was seen as a nod to the company’s increasing focus on blockchain, the technology which underpins cryptocurrencies such as Bitcoin ( Source link

Apple (AAPL) officially has a market capitalization of $3 trillion. The tech giant passed the $182.86 mark Monday, making it the first publicly traded company in history to hit such a market valuation. Shares were bouncing above and below the number during the day. Apple’s rise to a $3 trillion market cap, which is based on its stock price, comes less than two years after its market cap hit $2 trillion. Microsoft (MSFT) is also potentially on its way to the $3 trillion mark after topping $2… Source link

Actress Miranda Cosgrove is a familiar face in Hollywood — first hitting the big screen at age 10 in “School of Rock.”  Now, at age 28, Cosgrove is an executive producer, climate change advocate and just made the Forbes 30 under 30 list for the class of 2022, following a successful launch of the highly-anticipated “iCarly” reboot on Paramount+ (VIAC). “It’s been an awesome experience,” Cosgrove told Yahoo Finance — noting her growth from a nervous 13-year-old actress to a confident… Source link

Investors should be closely watching for buying opportunities in reopening stocks in the travel and ride-sharing sectors that have been hit hard this past week amid Omicron variant fears, according to EvercoreISI tech analyst Mark Mahaney. “We have processes in place as societies, cultures manage this [the pandemic. If you have a sell-off on the ride-sharing stocks, the travel stocks that is probably a buying opportunity. I find it hard to believe we will have a repeat of the stocks we had… Source link

Bitcoin, ether, and other major coins face selling pressure as anti-crypto comments from Twitter’s chief financial officer soured the market mood. The continued strength in the dollar index likely added to bearish forces. Bitcoin was trading 4.3% lower on the day near $60,800, while ether was nursing a 5.3% loss at $4,320 at press time, according to CoinDesk data. Litecoin, binance coin, Polkadot’s DOT token, and prominent decentralized finance coins flashed bigger losses. The selling… Source link

A logo is seen on the New York Google offices. New York City, U.S., July 29, 2021. REUTERS/Andrew Kell Google asked Waco, Texas judge to move case to California Federal Circuit has criticized Albright decisions to keep cases Albright moves case, but says Federal Circuit “muddled” law Nov 9 – A federal judge who has been under fire for resisting requests to transfer cases granted Google LLC’s bid to move a patent dispute over its Pixel smartphones from his Waco, Texas court to California. In a… Source link

Alphabet, Google’s parent company, briefly hit a market cap of $2 trillion. The tech behemoth’s market cap is currently at a comfortable $1.98 trillion, but crept over the $2 trillion mark midday Monday, later closing out at $2,987.03 per share. Alphabet’s market cap has just about doubled from $1 trillion since January 2020. In the third quarter of 2021, Alphabet had a record quarter, earning a hefty $65.1 billion. The company reported that its revenue soared by 41 percent, while… Source link