Tag Archives: popped

Jeremy Grantham is among Wall Street’s most respected investors. The cofounder of Boston asset manager GMO is well known for having predicted Japan’s asset price bubble in the 1980s, the dot-com bubble of the late ’90s, and even the U.S. housing blowup that came before the 2008 financial crisis. Now the 83-year-old Wall Street veteran is arguing that despite the stock market’s struggles this year, the economy’s real downturn has yet to come. Grantham has been warning of a brewing “ Source link

An alleged prototype of Google’s upcoming Pixel 7 smartphone has been posted on eBay, giving us our first look at the new phone in the wild months ahead of its scheduled fall release (via Android guru Mishaal Rahman). Google just revealed the phone a few weeks ago at Google I/O, and what we can see in the prototype matches up with what Google has already shown. The distinctive camera bar is back, and this year it’s an aluminum bar with cutouts for the cameras. And the alleged… Source link

What happened Shares of Yandex (NASDAQ:YNDX), the curiously Netherlands-based stock that is Russia’s version of Google, exploded higher on Tuesday after the company reported earnings for its fiscal fourth quarter 2021. As of 11:55 a.m. ET today, Yandex stock is up a whopping 16.4%. But earnings aren’t really the reason Yandex is up today. Image source: Getty Images. So what We know this because Yandex didn’t actually have any earnings last quarter,… Source link

The world’s largest retailer sees its stock come alive again, finally. Walmart’s stock (WMT) has widely lagged the S&P 500 (^GSPC) this year (3.8% gain for Walmart vs. 18% gain for the S&P 500) as investors fret about slowing sales and earnings growth after a big year of consumers stocking up during the height of the pandemic in 2020. Inflation in labor and transportation (as mentioned by vendors to Walmart in the past few weeks such as Clorox, Proctor & Gamble and Kimberly-Clark) and what… Source link