Tag Archives: Rise

© Reuters By Peter Nurse Investing.com — Stocks in focus in premarket trade on Friday, February 25th. Please refresh for updates. Beyond Meat (NASDAQ:) stock fell 10% after the posted disappointing numbers for the fourth quarter with revenue falling short of expectations and its net loss more than tripling. Tesla (NASDAQ:) stock rose 1.4% after Daiwa upgraded its stance on the electric car manufacturer to “outperform” from “neutral”, saying the rising gasoline prices… Source link

George Karlaftis bull-rushed the center on his first football snap. This was in middle school, so Karlaftis’ already-gargantuan 6-foot, 200-pound frame (by his coach’s estimate) careened past the offensive line into the backfield for an easy sack. Problem was, Karlaftis jumped offsides and the play didn’t count. The 13-year-old didn’t realize it. He was playing American football for the first time. The Athens, Greece, native had recently moved to West Lafayette, Indiana, following the… Source link

(Bloomberg) — U.S. equity futures rose and Asian stocks pared losses Monday as traders evaluated the possibility of a summit on Ukraine between President Joe Biden and his Russian counterpart Vladimir Putin. Most Read from Bloomberg Nasdaq 100, S&P 500 and European contracts erased falls to climb about 1%, while an Asia-Pacific equity index came off its lows but stayed in the red. Markets are being whipsawed by Russia’s troop buildup near Ukraine and efforts at diplomacy to bring both sides… Source link

Yandex N.V. YNDX reported fourth-quarter 2021 adjusted earnings of 4 cents per share, missing the Zacks Consensus Estimate by 76.5%. Further, the bottom line declined 82.6% year over year. Revenues were $1.5 billion. In ruble terms, the figure stands at RUB 110.3 billion, which rose 54% on a year-over-year basis. The reported revenue figure includes the consolidated financial results of Yandex.Market. Strengthening momentum across the company’s online advertising drove top-line growth…. Source link

Paris (AFP) – Google once used the slogan “don’t be evil” to distinguish itself from its competitors, but now a growing number of pro-privacy startups are rallying to the mantra “don’t be Google”. They are taking on Google Analytics, a product used by more than half of the world’s websites to understand people’s browsing habits. “Google made a lot of good tools for a lot of people,” says Marko Saric, a Dane living in Belgium who set up Plausible… Source link

Stocks were mixed on Monday as investors eyed the escalating threat of Russian invasion in Ukraine alongside ongoing concerns over inflation and an aggressive move toward policy tightening by the Federal Reserve. The S&P 500 fluctuated between small gains and losses after last week’s roller-coaster sessions on Thursday and Friday. Treasury yields rose and the 10-year yield hovered back near 2%. Oil prices steadied after a recent run-up as Russia’s Foreign Minister Sergey Lavrov said he was… Source link

Stock traded mixed Monday at the start of another busy week for corporate earnings and fresh economic data as investors continue to assess the Federal Reserve’s path forward for monetary policy. The S&P 500 rose was little changed after posting its best weekly gain of the year last week. The Dow also hugged the flat line, while the Nasdaq gained. After last week’s rollercoaster trading — with stocks sliding following Meta Platforms’ (FB) disappointing outlook, and then rebounding sharply… Source link

When bitcoin and ethereum rallied to records in November on news of wider adoption, politicians and athletes scrambled to ride the momentum by announcing they’d collect parts of their salary in crypto. Among them were New York City Mayor Eric Adams, who vowed after his election that he’d accept his first three paychecks in bitcoin, and wide receiver Odell Beckham Jr., who opted to take his entire NFL salary in the token after signing a new contract with the Los Angeles Rams. But the… 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 Monday, January 24, 2022 Memo to investors: Don’t buy flaming piles of garbage right now.  Those flaming piles of garbage could be the five software stocks (of companies losing money and valued at 85 times forward earnings) on your watchlist that have on average lost 25% in the past four weeks as a result of Federal Reserve rate hike fears (and… Source link

Weekly new jobless claims unexpectedly jumped last week by the most since October, with some renewed virus-related disruptions at least temporarily impeding the labor market’s recovery.   The Labor Department released its latest weekly jobless claims report Thursday at 8:30 a.m. ET. Here were the main metrics from the print, compared to consensus estimates compiled by Bloomberg: Initial jobless claims, week ended Jan. 15: 286,000 vs. 225,000 expected and a revised 231,000 during prior… Source link