Tag Archives: Reasons

Amazon’s second quarter underscored its ongoing dominance in all things retail and cloud services, but some squishy aspects to the earnings release have investors in profit-taking mode.  Shares of the tech beast dropped more than 6% in pre-market trading on Friday after the company surprisingly missed on sales estimates. Several factors in the report are likely weighing on the minds of investors.  First, the headline sales miss marked the first time Amazon (AMZN) missed consensus revenue… 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 Wednesday, June 23, 2021 GameStop saves money by raising money The “meme trade” has been one of the market’s defining trades this year.  And while some investors have chosen to ignore the action we’ve seen in shares of GameStop (GME) or AMC (AMC) amid a value rotation, rising bond yields, and a booming economy, these retail-driven trading frenzies… Source link

Google’s Pixel phones have a lot going for them. Juan Garzon / CNET Google Pixel phones are some… Source link

Billionaire bond investor Jeffrey Gundlach, the founder and CEO of $135 billion DoubleLine Capital, sees reasons to be concerned about inflation.   “It feels to me like the market started worrying about [inflation] a little bit this week,” Gundlach said, later adding it “was the biggest miss on CPI in many years, and maybe even in my whole career.”  On Wednesday, the Bureau of Labor Statistics reported that the Consumer Price Index (CPI) jumped 0.8% in April, well ahead of economists’… Source link

Tech stocks have gotten short-circuited so far this week, crushed under the weight of the lofty expectations built into them by profit-hungry investors.  The Nasdaq Composite fell close to 1% in early trading on Tuesday, extending its five-day loss to 2.1%. But underneath the hood of the Nasdaq tells the broader story of a market losing a bit of risk appetite.  Tesla shares dropped by as much as 5% in today’s session, and was the top trending ticker on Yahoo Finance around noon ET. Virgin… Source link

TipRanks Buy These 2 New Stocks Before They Jump Over 60%, Says Goldman Sachs The S&P 500 is showing a 6-month gain of 24%. Stocks generally have been gainers as the coronavirus crisis recedes, economies reopen, and the Federal Reserve remains committed to low-rate regime. In this environment, it’s no wonder that many companies are considering going public through an IPO. The high-return environment we’re experiencing right now makes the IPO attractive as a way to not just raise capital… Source link

Google’s Search Liaison, Danny Sullivan, explains the two reasons why content gets removed from search results. Google aims to provide open access to information, Sullivan says, but there are times content must be removed either to protect users or comply with the law. Removing content from search results is not an action Google takes lightly. Even sites that violate Google’s rules with black hat SEO do not get permanently de-indexed. Advertisement Continue Reading Below What would cause… Source link

Despite the U.S. vaccine rollout improving significantly, the daily number of confirmed COVID-19 cases is on the rise yet again after dropping precipitously from January highs. The latest 7-day moving average of confirmed cases was at 60,425 on March 27, and the U.S. is continuing to see an average of roughly 50,000 new cases a day. And according to Dr. Calvin Sun, an NYC-based emergency medicine physician, there are three main factors driving this recent uptick: the virus mutating, the Source link

A man looks at digital paintings by US artist Beeple at a crypto art exhibition entitled Virtual Niche: Have You Ever Seen Memes in the Mirror?, one of the world’s first physical museum shows of blockchain art, ahead of its opening in Beijing on March 26, 2021. (Photo by NICOLAS ASFOURI/AFP via Getty Images) Turns out Warren Buffett is just a few degrees of separation away from that crazy $69.3 million Christie’s auction of the artist Beeple’s NFT work “Everydays: The First 5000… Source link

March 2, 2021 5 min read Opinions expressed by Entrepreneur contributors are their own. Isn’t Google just a roomful of hipsters with Harry Potter t-shirts and soy lattes? For years, I assumed that this technological epicenter was just another version of Disney World with endless craft beer and skinny jeans for years. But when I read Lazio Bock’s Work Rules, I caught a glimpse… Source link