Bloomberg China’s Trade Surges as Global Stimulus Keeps Export Boom Going (Bloomberg) — China’s exports rose more than expected in April, suggesting its trade out-performance could last longer than expected this year, fueled by global fiscal stimulus.Exports grew 32.3% in dollar terms in April from a year earlier, the customs administration said Friday, exceeding the 24.1% median estimate in a Bloomberg survey of economists. Imports climbed 43.1%, a sign of strong domestic demand and… Source link
Read More »Amazon.com Announces First Quarter Results
Amazon.com, Inc. (NASDAQ: AMZN) today announced financial results for its first quarter ended March 31, 2021. Operating cash flow increased 69% to $67.2 billion for the trailing twelve months, compared with $39.7 billion for the trailing twelve months ended March 31, 2020. Free cash flow increased to $26.4 billion for the trailing twelve months, compared with $24.3 billion for the trailing twelve months ended March 31, 2020. Free cash flow less principal repayments of finance leases and… Source link
Read More »Yandex Announces First Quarter 2021 Financial Results
MOSCOW, RUSSIA and AMSTERDAM, THE NETHERLANDS / ACCESSWIRE / April 28, 2021 /– Yandex (NASDAQ:YNDX)(MOEX:YNDX), one of Europe’s largest internet companies and the leading search and ride-hailing provider in Russia, today announced its unaudited financial results for the first quarter ended March 31, 2021. Q1 2021 Financial and Operational Highlights 1,2 In RUB millions Three months ended March31, 2020 2021 Change Total Revenues 52,429 73,136 39% Total Group on a Online Ad Revenues 32,082 35,996 12%
Read More »Yandex Announces First Quarter 2021 Financial Results
EquityStory.RS, LLC-News: Yandex N.V. / Key word(s): Quarter Results/Quarter Results 28.04.2021 / 13:00 MSKThe issuer is solely responsible for the content of this announcement. Yandex Announces First Quarter 2021 Financial Results MOSCOW and AMSTERDAM, the Netherlands, April 28, 2021 — Yandex (NASDAQ and MOEX: YNDX), one of Europe’s largest internet companies and the leading search and ride-hailing provider in Russia, today announced its unaudited financial results for the first quarter… Source link
Read More »Alphabet’s profit more than doubled last quarter as Google’s advertising business rebounded.
Google’s parent company, Alphabet, said on Tuesday that revenue in its most recent quarter increased sharply from the same period a year ago, boosted by strong demand for online advertising on its search results and YouTube videos and by continued growth at its cloud computing arm. Alphabet posted revenue of $55.31 billion, up 34 percent from a year earlier, and net profit more than doubled to $17.93 billion in the first quarter. It was the third straight quarter of record profit for the… Source link
Read More »Yandex to Announce First Quarter 2021 Financial Results on April 28th
News and research before you hear about it on CNBC and others. Claim your 1-week free trial to StreetInsider Premium here. MOSCOW, RUSSIA and AMSTERDAM, THE NETHERLANDS / ACCESSWIRE / April 8, 2021 / Yandex (NASDAQ and MOEX: YNDX) today announced it will report its financial results for the quarter ended March 31, 2021, on Wednesday, April 28, 2021. On that day, management will hold a conference call and webcast at 8:00 a.m. U.S. Eastern Time (3:00 p.m. Moscow time, 1:00 p.m. London time)… Source link
Read More »Yandex to Announce First Quarter 2021 Financial Results on April 28th
Bloomberg Credit Suisse Scandal Toll Goes Ever Higher as Rivals Thrive (Bloomberg) — In an era of prosperity for investment banks, Credit Suisse Group AG is careening from one crisis to another and then another — this time, with a $4.7 billion writedown tied to billionaire investor Bill Hwang’s trading blowout.The staggering hit — the largest yet linked to market-shaking losses run up by Hwang’s Archegos Capital Management — prompted sweeping management changes at the Swiss bank… Source link
Read More »One year into pandemic, a quarter of Americans say someone close to them has died from COVID-19
One year ago, on the eve of the eventful day that signaled the start of the COVID-19 pandemic — March 11, 2020 — a plurality of Americans (44 percent) said the threat of the virus had been “exaggerated,” according to a Yahoo News/YouGov poll conducted at the time. More people said their peers were “overreacting” (36 percent) than said they were “behaving appropriately” (30 percent). Just 6 percent said they had worn a mask. And nearly everyone (88 percent) predicted that… Source link
Read More »One year into pandemic, a quarter of Americans say someone close to them has died from COVID-19
The New York Times Inside the Lincoln Project’s Secrets, Side Deals and Scandals A few days before the presidential election, the leadership of the anti-Trump Lincoln Project gathered at the Utah home of Steve Schmidt, one of the group’s co-founders, and listened as he plotted out the organization’s future. None of the dissident Republican consultants who created the Lincoln Project a year earlier had imagined how wildly successful it would be, pulling in more than $87 million in donations… Source link
Read More »XPeng Reports Fourth Quarter and Fiscal Year 2020 Unaudited Financial Results
Quarterly total revenues reached RMB2,851.4 million (US$437.0 million) Quarterly deliveries were 12,964 vehicles Quarterly gross margin reached 7.4% Full year total revenues reached RMB5,844.3 million (US$895.7 million) Full year deliveries were 27,041 vehicles Full year gross margin reached 4.6% XPeng Inc. (“XPeng” or the “Company”, NYSE: XPEV), a leading Chinese smart electric vehicle (“Smart EV”) company, today announced its unaudited financial results for the fourth quarter and fiscal year… Source link
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