Tag Archives: prime

CANBERRA, Australia — The Australian prime minister said on Monday that Microsoft was confident that it could fill the void if Google carried out its threat to remove its search engine from Australia. A Google executive told a Senate hearing last month that it would likely make its search engine unavailable in Australia if the government went ahead with plans to make tech giants pay for news content. Prime Minister Scott Morrison said he had since spoken to… Source link

by: ROD McGUIRK, Associated Press Posted: Jan 31, 2021 / 10:49 PM CST / Updated: Feb 1, 2021 / 03:39 AM CST FILE – This Thursday, Jan. 3, 2013, file photo shows Google’s headquarters in Mountain View, Calif. Australian Prime Minister Scott Morrison said on Monday, Feb. 1, 2021, that Microsoft was confident that it could fill the void if Google carried out its threat to remove its search engine from Australia. (AP Photo/Marcio… Source link

Tesla (TSLA) shares rose by nearly 700% in 2020, and the year was capped off by their entry into the S&P 500. The “ludicrous speed” continued into 2021 — where shares went up another 18%. That means the automaker’s price-to-earnings ratio is an eye-rubbing, nose-bleeding 1,601. For context, the P/E of the S&P 500 is 30, itself, well above the historical average of 15. The next-highest tech valuation in the index belongs to Western Digital (WDC), with a P/E of 860. All of which is to… Source link

Tesla (TSLA) has been one of the hottest stocks of 2020, with share prices skyrocketing 582% just this year. But at least one analyst says the electric vehicle company’s price is too high, contending it should be worth between $60 to $80 rather than more than $600 a share. Gordon Johnson, founder and CEO of GLJ Research, told Yahoo Finance Live on Monday that Tesla’s lofty valuation will soon come crashing down, with a number of factors weighing on the company’s stock price. Those… Source link