Google Workspace will give Central Dutch Government more flexibility and choice for collaboration and productivity, supporting new hybrid-working environments AMSTERDAM, May 30, 2022 /PRNewswire/ — Google Cloud today announced that it has signed a new agreement with the Central Dutch Government that will enable the Dutch public sector to take advantage of Google Workspace’s suite of tools and offerings. This new agreement, which follows the Google Workspace for Education agreement signed… Source link
Read More »Stock Market Is Near Capitulation As Market Rotation Out From This Sector
Many traders and investors speculated about a potential market bottom or at least a meaningful rally could be around the corner as S&P 500 rallied from the oversold condition below 3900 to almost 4100 just within 4 days. The rally was expected to be short-lived as explained in the video at the bottom of the post using multiple scenarios focusing on the characteristics of the price action in order to differentiate a bull trap from a market bottom. This was further supported by the bearish… Source link
Read More »Investors still love Cathie Wood, but hate the best sector of the year
The bloodbath in the markets this past week wrecked retail stocks, as Walmart (WMT) posted its worst week ever, falling 20%. Amid the carnage, investors piled into beaten-down names like the Ark Innovation ETF (ARKK) while shunning the best performing sector of the year. The energy sector’s stunning 47% return this year stems from soaring oil and gas prices, as WTI crude oil futures (CL=F) surged 56% this year. Still, investors have yanked $705 billion from the iShares U.S. Energy ETF (XLE)… Source link
Read More »JPMorgan says this is the only sector seeing ‘quality, growth and momentum scores’ improve all at the same time
JPMorgan says this is the only sector seeing ‘quality, growth and momentum scores’ improve all at the same time Energy stocks are some of the top performers in the market. But according to JPMorgan, more gains are on the horizon. “Energy is the only sector that is seeing quality, growth and momentum scores improve simultaneously while maintaining an attractive value and income profile,” JPMorgan’s chief U.S. equity strategist Dubravko Lakos-Bujas writes. Strong commodity prices have… Source link
Read More »Analysts predict this sector will best perform following Fed rate hikes
Analysts have been looking to the energy sector to jolt the market back to life as the U.S. economy continues to exit the current low-interest rate environment. “I’m actually very bullish on materials and even more bullish on energy moving forward,” Aptus Capital Advisors Portfolio Manager David Wagner told Yahoo Finance Live. “So if we go back to later periods in the early 2000s and other periods where we actually saw rising rates, so the Fed tightening, you still saw defensive… Source link
Read More »Financial sector ‘on high alert’ for cyberattacks, CrowdStrike CEO says
Though cyberattacks have not been utilized heavily in the Ukrainian conflict to this point, the financial sector remains on high alert to the possibility. CrowdStrike (CRWD), an American cybersecurity company dedicated to preventing and combating security breaches, is one of several informational security corporations increasing vigilance in anticipation of possible cyberattacks. CEO George Kurtz discussed the prospect of cyber warfare in the conflict in Ukraine on a recent Yahoo Finance Live… Source link
Read More »How US Sanctions Will Crimp Russia’s Tech Sector
Last November, the tech giant Yandex unveiled Chervonenkis, Russia’s most powerful supercomputer and the 19th most powerful commercial computer on the planet. Chervonenkis, which Yandex uses to train artificial intelligence algorithms for applications like web search and translation, was built by linking together more than 1,500 chips from the US company Nvidia. Earlier this week, Russia’s Ministry of Internal Affairs said that it was having trouble sourcing the homegrown chips it’s… Source link
Read More »Yahoo Finance: Dave Nadig Talks Forgotten Sector Funds
As it’s been a rough ride for markets as of late, it’s important to know how investors can position themselves, given all the volatility. Dave Nadig, CIO and director of research at ETF Trends, joined the ETF Report on Yahoo Finance to discuss what’s going on so far in 2022, after a previous year featuring record inflows and what sectors look like the safest bets. As Nadig explains, after a previous year featuring nearly $900 billion in inflows, that may not be something repeatable,… Source link
Read More »Former Oilfield Drillers See Energy Sector and Bitcoin Mining Joining Forces
Drilling for oil and gas and mining for bitcoin might seem like an odd couple. One is more than 150 years old. The other has existed for a little over a decade. One is a staple of industrial development, squarely grounded in the world of atoms. The other is an innovation of a digital era, financial plumbing for the world of bits. One involves sweaty outdoor work. The other involves a lot of math and abstraction inside cavernous air-conditioned data centers. If the founders of bitcoin miner JAI… Source link
Read More »Nancy Pelosi keeps pouring millions into this 1 sector — it might be time to tag along
Nancy Pelosi keeps pouring millions into this 1 sector — it might be time to tag along You may not know it from watching American politics, but the country’s leaders do know a thing or two about the U.S. economy. How could they not? Not only do members of the federal government have access to an ocean of first-hand data investors would kill for, but Senators and members of the House are connected to the country’s economic movers and shakers. While prominent politicians’ portfolios… Source link
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