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
Read More »Russia’s Yandex says Q1 adj. net income down 43% y/y, upgrades 2021 revenue outlook
Bloomberg Reluctant Emerging Asia Could Delay Rate Hikes Until 2022 (Bloomberg) — Emerging Asia’s central banks are expected to opt for supporting their economic recoveries rather than tackling volatile price swings this year.All eight emerging Asian economies, including India and Indonesia, are seen holding benchmark interest rates steady through 2021, according to the median forecasts from Bloomberg surveys of economists.Higher real interest rates will allow some of Asia’s central banks… Source link
Read More »Microsoft beats Q3 revenue expectations on strength of cloud and PC sales
Benzinga Tech Time: Microsoft, Advanced Micro Devices, Alphabet Reporting After Close Today Ready or not, it’s time for all of us to put our Fed hats on. Again. It’s only been six weeks since the last Federal Open Market Committee (FOMC) meeting, but they’re gathering again today. The usual press conference featuring Fed Chairman Jerome Powell comes right after the meeting ends at 2 p.m. ET tomorrow, and analysts don’t expect any change in policy. Trading might be a little slow ahead… Source link
Read More »Search Engine Market Size & Revenue Analysis
North America, Europe, China, Japan, Rest of the World, September 2020,– – The Search Engine Market research report includes an in-sight study of the key Global Search Engine Marketing Market prominent players along with the company profiles and planning adopted by them. This helps the buyer of the Search Engine report to gain a clear view of the competitive landscape and accordingly plan Search Engine market strategies. An isolated section with top key players is… Source link
Read More »UPDATE 1-American Airlines expects first-quarter revenue to plunge 62% vs 2019 – Yahoo Finance
Bloomberg Biden Team Eyes Potential Threat From China’s Digital Yuan (Bloomberg) — The Biden administration is stepping up scrutiny of China’s plans for a digital yuan, with some officials concerned the move could kick off a long-term bid to topple the dollar as the world’s dominant reserve currency, according to people familiar with the matter.Now that China’s digital-currency efforts are gathering momentum, officials at the Treasury, State Department, Pentagon and National Security… Source link
Read More »Google, Apple giving up less than 5% of revenue from apps with pay changes: estimate
The App Store logo displayed on a smartphone. Igor Golovniov | SOPA Images | LightRocket via Getty Images New estimates from analytics firm Sensor Tower suggest neither Apple nor Google is giving up a substantial amount of revenue by changing the fees they charge developers. The report follows changes Google announced on Tuesday when it said it plans to change the way it charges app makers on its Google Play app store, following a similar move Apple made in December. Beginning July 1, Android… Source link
Read More »Google will reduce Play Store cut to 15 percent for a developer’s first $1M in annual revenue
Google is reducing its long-standing 30 percent cut, which it takes from each Play Store digital purchase for all Android developers around the world, on the first $1 million they make on the digital storefront each year, starting on July 1st. According to Google, that change means that 99 percent of Android developers that “that sell digital goods or services” will see a 50 percent reduction in fees. Google’s news follows Apple’s announcement of a reduced 15 percent fee last… Source link
Read More »Airbnb financial results blow past revenue expectations
Bloomberg Buffett’s Letter to Break Months of Silence Amid Tumult in U.S. (Bloomberg) — While 2020 raged, Warren Buffett mostly held his tongue.He stayed quiet through a heated presidential election, a racial reckoning that sparked nationwide protests and an exuberance for stocks that’s gripped millions of Americans. Not to mention a global pandemic. Now, the billionaire chief executive officer of Berkshire Hathaway Inc. has a chance to break his silence with the release of his annual… Source link
Read More »Yandex.Classifieds FY 2020: Revenue up 7% – AIM Group
[unable to retrieve full-text content]Yandex.Classifieds FY 2020: Revenue up 7% AIM Group Source link
Read More »Uber misses earnings expectations on revenue, but Eats business spikes by 130%
TipRanks 2 “Strong Buy” Cannabis Stocks Showing Monster Growth Investors have been fixated on growth companies over the past year, and one segment which has been on the rise is the fledgling cannabis industry. The sector offers a unique proposition and the prospect of further growth, as there is still a major catalyst on the horizon which will completely alter the industry. As expected, a Democrat led senate has been good news for those banking on marijuana reform at the federal level; And… Source link
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