Tag Archives: reports

TipRanks Billionaire Jim Simons Snaps Up These 2 Biotech Stocks Quant trading guru Jim Simons is calling it a day, sort of. The mathematician and cryptologist is famous in the investing community for bringing his analytical eye to the world of the stock exchange, creating both the quant trading revolution and a personal fortune now estimated at more than $22 billion. His has been a career of multifaceted success, and his innovations on Wall Street have influenced the strategies of two… Source link

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

Quarterly Total Revenues reached RMB6,641.1 million (US$1,017.8 million)iQuarterly Deliveries of the ES8, the ES6 and the EC6 were 17,353 vehiclesFull Year Total Revenues reached RMB16,257.9 million (US$2,491.6 million)Full Year Deliveries of the ES8, the ES6 and the EC6 were 43,728 vehicles SHANGHAI, China, March 01, 2021 (GLOBE NEWSWIRE) — NIO Inc. (“NIO” or the “Company”) (NYSE: NIO), a pioneer in China’s premium smart electric vehicle market, today announced its unaudited… Source link

Multiple reports have come out detailing Google Stadia’s troubles that include everything from internal struggles on the development team to “tens of millions” of dollars spent on AAA games like Red Dead Redemption 2 to development roadblocks created by Google itself. Bloomberg reported that, despite all the hype built up by Google for Stadia’s reveal, gamers around the world were disappointed. This led to a lackluster launch and Stadia is said to have “missed its targets for sales of… Source link

Two new reports from Bloomberg and Wired have shed light on some of Google’s failures in building its Stadia cloud gaming service. The reports come just a few weeks after Google announced it would be shutting down its in-house Stadia game development studios. One key issue, according to Wired, is that Google may not have put as much investment in its internal studios as its much-hyped plans for Stadia may have suggested. Stadia chief Phil Harrison announced Google’s Stadia Games and… Source link

TipRanks 2 Stocks Trading at Rock-Bottom Prices; Analysts Say ‘Buy’ We’re in a volatile period right now, as stocks slipping after starting the year on a strong note. Big Tech, which boomed during the pandemic lockdowns and the move to remote work, is leading the declines. Investors have taken the measure of the vaccination programs, and now, in fueled by both a belief and a hope that economies will soon return to a more normal footing, they are seeking out those stocks that will gain we… Source link

TipRanks 2 “Strong Buy” Penny Stocks With Over 200% Upside on the Horizon Let’s talk about risk and the big picture. It’s an appropriate time, as the big risk – presented by the COVID-19 pandemic – is finally receding thanks to the ongoing vaccination program. COVID is leaving behind an economy that was forced into shutdown one year ago while in the midst of a great expansion, boosted by the deregulation policies. While the new Biden Administration is busy reversing many Trump… Source link

TipRanks 3 ‘Strong Buy’ Stocks With 8% Dividend Yield Let’s talk portfolio defense. After last week’s social flash mob market manipulation, that’s a topic that should not be ignored. Now, this is not to say that the markets are collapsing. After 2% losses to close out last week’s Friday session, this week’s trading kicked off with a positive tone, as the S&P 500 rose 1.5% and the Nasdaq climbed 2.5%. The underlying bullish factors – a more stable political scene, steadily… Source link

Bloomberg Hedge-Fund Titans Lose Billions to Reddit Traders Running Amok (Bloomberg) — For once, Main Street is beating Wall Street.In a matter of weeks, two hedge-fund legends — Steve Cohen and Dan Sundheim — have suffered bruising losses as amateur traders banded together to take on some of the world’s most sophisticated investors. In Cohen’s case, he and Ken Griffin ended up rushing to the aid of a third, Gabe Plotkin, whose firm was getting beaten down.Driven by the frenzied trading… Source link

Verizon revealed during its earnings call Tuesday morning Verizon Media Group had a solid Q4 – total revenues jumped 11.4% to $2.3 billion YOY – marking the first quarter of year-over-year growth since the wireless giant acquired Yahoo in 2017 for $4.48 billion. Growth in the quarter was fueled by strong advertising trends, with revenue from Verizon Media’s DSP growing 41% YOY. “We are very pleased with Verizon Media Group’s performance,” said Verizon CFO Matt Ellis…. Source link