Tag Archives: Reasons

[unable to retrieve full-text content]Google just gave two compelling reasons to update your Pixel phone  ZDNet Source link

[unable to retrieve full-text content]3 reasons a ‘boring’ December could get interesting for stocks  Yahoo Finance Source link

In this market, the last thing investors have been rewarding this earnings season is a bottom-line miss vs. expectations of any magnitude. Except if you are Meta (META). Shares of the social media giant exploded nearly 20% in pre-market trading on Thursday following a whopper of an earnings shortfall. The company had the most visited ticker page on Yahoo Finance. Here is how Meta performed compared to Wall Street estimates — at first blush it was far from rosy and deserving of a major push… Source link

Between them, some of the world’s biggest tech companies have collectively laid off more than 150,000 workers in recent months. The businesses involved have put forward a variety of reasons for why this was necessary, which mostly come down to a need to reduce costs as economic growth slows down around the world. The Real Reasons For Big Tech Layoffs At Google, Microsoft, Meta, and Amazon Adobe Stock In truth, it isn’t likely to be because the companies involved need money. Microsoft,… Source link

Meta’s stock has had a disastrous year in large part because the underlying company has had a disastrous year headlined by sweeping layoffs, weakening ad sales, and poor execution by CEO Mark Zuckerberg. But the stock caught one believer on Friday finally headed into the New Year. “Heading into 2023, we believe some of these top and bottom line pressures will ease, and most importantly, Meta is showing encouraging signs of increasing cost discipline, we believe with more to come,” said JP… Source link

Walmart stock (WMT) continues to be a retail name to own in an uncertain economic environment, according to Goldman Sachs. In a note to clients, Goldman Sachs retail analyst Kate McShane reiterated a Buy rating on the stock, citing three main reasons: “1) strong top-line trends along with market share gains; 2) an improved inventory position, which should support margins due to reduced markdown pressure; and 3) the long-term algorithm (+4% top line and even better operating income growth)… Source link

This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Monday, October 10, 2022 Today’s newsletter is by Brian Sozzi, an editor-at-large and anchor at Yahoo Finance. Follow Sozzi on Twitter @BrianSozzi and on LinkedIn. Read this and more market news on the go with Yahoo Finance App. The money you have invested in the stock market is at big risk of being further vaporized in the remaining weeks of… Source link

College enrollments continue to drop in the U.S. as students seek alternatives to the traditional university experience. For the spring 2022 term, enrollment across public and private colleges in the U.S. fell to 16.2 million, down 4.1% year over year, according to the National Student Clearinghouse Research Center. That decline continues the trend of weakening enrollment that has been in place since before the coronavirus pandemic. “We have seen certain headwinds from the general softness in… Source link

It has been a rip-your-face off rally in the stock market to kick off the final quarter of the year, much to the surprise of the bears who ruled the roost in September and third quarter. At a 5% gain so far this week, the S&P 500 (^GSPC) had its best back-to-back days since April 2020 and the best two-day start to the fourth quarter going back to the first full year of the five-day trading week in 1953, according to data from Bespoke. The research team at DataTrek offered up five solid reasons… Source link

Inflation remains frustratingly elevated. Recession talk still dominates Wall Street despite a surprisingly strong July jobs report. And second quarter earnings season has been anything but great. But all that’s not stopping top JP Morgan strategist Mislav Matejka from being bullish on stocks. “We believe that risk reward for equities is not all bad as we move into year-end,” Matejka said in a new note to clients on Monday. “In fact, we argued that we have entered the phase where the weak… Source link