Tag Archives: Jumps

Google (GOOG)‘s parent company Alphabet reported revenue of $61.9 billion for the quarter ended June 30, a staggering 62% jump from the same quarter last year and significantly higher than analysts had expected. The company’s profits more than doubled to $18.5 billion. Alphabet’s stock rose 3% in after-hours trading Tuesday following the earnings report. Much of that growth was driven by a rebound in Google’s core advertising business, which posted revenue of $50.4 billion — a 69% increase … Source link

(Bloomberg) — Bitcoin jumped above $39,000 after Elon Musk said Tesla Inc. would resume transactions with the cryptocurrency when mining is done with more clean energy. The transactions will start back up “when there’s confirmation of reasonable (~50%) clean energy usage by miners with positive future trend.” Musk also reiterated the electric-car maker had sold about 10% of its Bitcoin holdings to demonstrate the token’s liquidity. His tweet was in reply to a report in Cointelegraph,… Source link

The New York Times Seminary Built on Slavery and Jim Crow Labor Has Begun Paying Reparations One night in 1858, Carter Dowling, an enslaved Black man forced to work without pay at the Virginia Theological Seminary in Northern Virginia, made the brave decision to escape. He made it to Philadelphia, where he met famed abolitionist William Still. He then continued north to Canada and, after the Civil War, returned to Washington, D.C., where he was able to open a bank account for his children. He… Source link

Wall Street benchmarks advanced on Thursday, with investors reacting to jobless claims falling to a new COVID-19 era low, but wary of rising inflation may force the Federal Reserve to normalize monetary policy sooner rather than later.   Good news on the labor market came from government data that showed workers filing for new unemployment benefits fell further below 500,000 in the latest week. Jobless claims set their lowest levels in more than a year as the labor market continued to heal… Source link

Dogecoin, which started as a joke crypto token, has swung to and fro on Elon Musk’s tweets. Photo: Yuriko Nakao/Getty Images The price of Dogecoin (DOGE-USD) spiked on Thursday, before retreating slightly, after Tesla (TSLA) founder Elon Musk again posted his support for it on social media. The cryptocurrency climbed as high at $0.40 (£0.28) from lows of $0.29 earlier in the day after a brutal sell-off on Wednesday. The price of dogecoin spiked immediately after Musk tweeted on Thursday…. Source link

Verizon Media — a division of Verizon Communications that includes AOL and Yahoo — will launch Yahoo Shops, a combination marketplace and advertising solution. The Yahoo Shops marketplace will feature a personalized digital storefront. Users go through a brief onboarding where they indicate their tastes and preferences and are then presented with their “own digital mall” featuring brands that align with their interests. Yahoo Shops is not yet live; users are currently able… Source link

TipRanks Billionaire David Tepper Bets Big on These 2 “Strong Buy” Dividend Stocks Anyone trying to keep track of where the markets might be heading, could be forgiven for displaying signs of dizziness. The markets are being violently pulled in opposite directions lately, making it difficult to form a coherent investing strategy. It is in time like this that some expert advice might provide a clearer picture. Hardly any on the Street come more highly regarded than billionaire David Tepper…. Source link

Shares of Yandex rose 6.7% to $64.35 at 14:01 EST on Tuesday, following last session’s upward trend. NASDAQ Composite is jumping 3.75% to $13,082.28, following last session’s downward trend, This seems, at the moment, a very positive trend exchanging session today. Yandex’s last close was $63.63, 15.49% under its 52-week high of $74.32. Yandex’s Sales Yandex’s sales growth is a negative 98% for the ongoing quarter… Source link

The Conversation January warm spells, March freezes: How plants manage the shift from winter to spring A late snowfall could set back the growth of this budding lilac. oddharmonic/Flickr, CC BY-SAWeather patterns across the U.S. have felt like a roller coaster ride for the past several months. December and January were significantly warmer than average in many locations, followed by February’s intense cold wave and a dramatic warmup. If you’ve ever seen lilac bushes crushed by snowdrifts,… Source link

Stock futures opened slightly higher on Tuesday investors awaited another batch of corporate earnings results and the Federal Open Market Committee’s (FOMC) January monetary policy decision. S&P 500 futures traded higher by about 0.2% as the overnight session kicked off, holding near the index’s all-time high. Contracts on both the Nasdaq and Dow also increased. Late Tuesday, shares of heavily weighted tech stock Microsoft (MSFT) jumped after the company posted fiscal second quarter… Source link