Tag Archives: Rise

(Bloomberg) — U.S. equity futures climbed and stocks in Asia dropped Monday as investors assessed inflation risks amid improving economic activity. The dollar held onto gains. Hong Kong led losses amid low volumes with Japan and China, as well as the U.K., among markets closed for holidays. U.S. and European futures edged higher after the S&P 500 dropped from a record Friday, amid data pointing to price pressures and talk of a possible pullback in central bank support. Still, the U.S. gauge… Source link

Yandex N.V. (YNDX Quick QuoteYNDX – Free Report) reported first-quarter 2021 adjusted earnings of 8 centsper share, missing the Zacks Consensus Estimate by 75.7%. Further, the figure declined 65.2% sequentially and 57.9% year over year. Revenues were $966.1 million. In ruble terms, the figure stands at RUB 73.1 billion,whichrose 56% on a year-over-year basisand 2.1% from the previous quarter. The reported revenue figure includes the consolidated financial results of… Source link

Yandex N.V. YNDX reported first-quarter 2021 adjusted earnings of 8 centsper share, missing the Zacks Consensus Estimate by 75.7%. Further, the figure declined 65.2% sequentially and 57.9% year over year. Revenues were $966.1 million. In ruble terms, the figure stands at RUB 73.1 billion,whichrose 56% on a year-over-year basisand 2.1% from the previous quarter. The reported revenue figure includes the consolidated financial results of Yandex.Market. Improving momentum across the company’s… Source link

Stock futures pointed to a higher open Thursday morning as investors considered a batch of stronger-than-expected earnings results from major companies and a sweeping set of proposals from President Joe Biden aimed at revamping the country’s infrastructure and supporting families, children and students.  Contracts on the S&P 500 added 0.7%, and the index was on pace to open at an all-time high. Dow futures gained more than 150 points, or 0.5%, while contracts on the Nasdaq gained about… Source link

(Bloomberg) — U.S. Treasury yields rose amid confidence the Federal Reserve will remain accommodative even as robust growth takes the world’s largest economy back to pre-pandemic levels. Stock-index futures were mixed. Havens including the dollar and government bonds were under pressure while copper, seen as a barometer of growth, surged to the highest in a decade. The U.S. 10-year rate bounced back from its 50-day moving average, underscoring the reflation trade is still alive, but… Source link

Bloomberg Twitter Has ‘Scary Amount of Power,’ Co-Founder Biz Stone Says (Bloomberg) — Twitter Inc. co-founder Biz Stone believes the social media company made the right decision when it banned then-President Donald Trump from its service in January, but that doesn’t mean he’s comfortable with it.“It’s a scary amount of power,” Stone said during an interview for the Collision Conference on Thursday. “The CEO of a company in San Francisco can quiet the president of the United… Source link

(Bloomberg) — U.S. futures were steady, while stocks advanced, as traders turned their attention to earnings reports from companies including JPMorgan Chase & Co. and Goldman Sachs Group Inc. Treasury yields rose. European equities got a boost from positive updates by LVMH and SAP SE, while some of the biggest U.S. banks are due to release results later on Wednesday. Most Asian stocks climbed, although shares dipped in Japan amid concerns about the slow vaccine rollout. Discovery Inc…. Source link

TipRanks 2 “Strong Buy” Penny Stocks That Could See 100% Gains (Or More) In a recent review of the market’s current conditions, JPMorgan strategist Eduardo Lecubarri recaps his view that 2021 will see modest gains across stocks generally – but outperformance among the small/mid-cap sector. Lecubarri believes that investors can find opportunities for big upside among stocks in that class. Driving the general stocks gains, Lecubarri points to recent manufacturing PMI prints, which are at… Source link

Chet Holmgren, the No. 1 high school player in the country, is a heavy lean to attend Gonzaga next season. He’s expected to make the inevitable official in the next few weeks, which will seal Gonzaga’s status as the favorite to win the 2022 national championship. As the Zags enter their second Final Four this weekend and aim for the school’s first national championship, Gonzaga appears to be trending toward an unusual designation for a school outside of a major conference that reached… Source link

The U.S. economy brought back more jobs than expected in March, presaging even faster employment growth in the coming months as more Americans become vaccinated and jobs across industries return.  The Department of Labor released its March employment report Friday at 8:30 a.m. ET. Here were the main metrics in the report, compared to consensus estimates compiled by Bloomberg:  Change in non-farm payrolls: +916,000 vs. +660,000 expected and a revised +468,000 in February  Unemployment rate:… Source link