Tag Archives: reports

TipRanks 3 “Strong Buy” Stocks That Could Reach New Highs The markets have been on a tear of late despite the headwinds presented by the novel coronavirus pandemic. The question is how long this will last?Writing from Goldman Sachs, the firm’s chief US equity strategist David Kostin says that the markets will outperform both other investments and analyst expectations over the next two years. He sees the S&P 500 hitting 4,600 by the end of 2022, which would represent a 25% gain.Backing… Source link

Mozilla’s revenue in 2019 shot up by almost 84% compared to the year before, but the bulk of that increase came from a one-time settlement the organization received from Yahoo and its successor, Verizon Media. Without that financial shot in the arm, Mozilla’s 2019 financials looked much grimmer; for the second year running, Mozilla’s expenses outweighed revenue. According to the 2019 financial statement released by the maker of the Firefox browser, Mozilla posted… Source link

2020 has been a bumper year for the Australian and New Zealand arm of Verizon Media and its Yahoo platforms. The company has reported 22% y-o-y business growth for 2020 and an 11% increase in monthly active users across editorial brands: Yahoo, TechCrunch and HuffPost/BuzzFeed. It has also seen triple digit growth in its digital offerings according to director of platforms ANZ, John McNerney, and a significant increase in the use of out of home digital. “Verizon has invested a lot in the… Source link

Diego Maradona, one of the greatest players in soccer history who almost singlehandedly led his native Argentina to the 1986 World Cup title, has died after suffering a heart attack, the country’s football federation said on Wednesday. He was 60. Maradona had long battled heath problems since his playing days ended. Earlier his month, he underwent brain surgery in Buenos Aires and was only discharged from the hospital two weeks ago. Word of his passing spread quickly on Wednesday morning,… Source link

Free agent center DeMarcus Cousins has agreed to a contract with the Houston Rockets, The Athletic’s Shams Charania reports. ESPN’s Tim McMahon reports that the deal is for one year. Can Cousins rebound after rash of injuries? Cousins, 30 hasn’t played since the 2019 playoffs with the Golden State Warriors during their run to the NBA Finals against the Toronto Raptors. A four-time All-Star and two-time All-NBA player, Cousins’ career has been derailed by injuries since he suffered an… Source link

Yahoo Mail is about to charge users for automatic email forwarding, according to media reports.  “Beginning January 1, 2021, automatic forwarding of emails from your Yahoo inbox to a third-party email account will no longer be a feature of free Yahoo Mail accounts,” Yahoo Mail says.  “Upgrade … Source link

Fragomen’s office in Manhattan, New York. (Courtesy photo) Immigration boutique Fragomen, Del Rey, Bernsen & Loewy, an Am Law 100 firm, experienced a data breach affecting a limited number of people from Google, which is a client. Source link

The sale of Tinkoff Bank to Yandex is far from certain, Russian online publication The Bell reported Wednesday, just three weeks after the two companies announced an “agreement in principle” for a $5.5 billion merger. Oleg Tinkov, the owner of the online bank, is also considering other buyers — in particular mobile operator MTS, or its affiliate MTS bank.  The Bell, citing financial Telegram channels and unnamed sources, reported that Tinkov has been in discussions with… Source link

In the second quarter, Facebook reported 10% growth in ad revenue while Google’s declined. Photo Illustration by Rafael Henrique/SOPA Images/LightRocket via Getty Images The headwinds of Covid-19’s economic impact in the second quarter were strong enough to slow down even the ad-funded tech giants. In its second-quarter results released today, Facebook reported $18.7 billion in revenue, an increase of 11% despite the slowdown of advertising spend as… Source link