Tag Archives: sees

(Bloomberg) — Tesla Inc.’s historic entry into the S&P 500 could be bad news for shareholders of some other stocks in the index — at least temporarily. Funds that mimic the benchmark are set to buy more than $70 billion of the carmaker’s shares and dump an equal amount of stock in existing members, producing intense selling pressure that could lead to dislocations, warned Greg Sutton, head of portfolio trading at Citadel Securities, one of the most active traders of U.S. stocks. The… Source link

Enlarge / Gmail’s logo. It still looks like this. Get used to it. Google Google has been having a rough time this week with service outages. It has now had two days, maybe even three days depending on who you ask, of major downtime. On Monday, Google’s authentication system went down for about an hour, taking down Gmail, YouTube, Google Maps, Google Docs, and most other Google services. Google blamed the outage on… Source link

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

Legendary macro hedge fund manager Paul Tudor Jones expects “an explosion” of economic growth next year as a coronavirus vaccine becomes more widely available. As the federal government moves quickly to approve and distribute experimental inoculations from Pfizer (PFE)-BioNTech (BNTE) and Moderna (MRNA), Wall Street’s becoming increasingly bullish on 2021. Reflecting that mood, the CIO and founder of Tudor Investment Corp., expects risk appetite to rebound even further, especially with… Source link

TipRanks Raymond James: These 3 Stocks Are Poised to Surge by Over 80% We’re a little over one week past the Presidential election, and the market reaction shows that that investors are pleased. While the election margins were razor thin, the will of the voters came through: they rejected Donald Trump, and his brash, in-your-face style, but they also rejected the Democratic Party on policy; the Dems lost seats in the House, will likely not take control of the Senate, and also lost ground at… Source link

TipRanks Oppenheimer Sees These 3 Stocks Skyrocketing Over 100% The U.S. presidential election has come to a close, and Wall Street isn’t opposed to the administration change. Last week saw the S&P 500 notch its second-best performance during an election week on record, even as Trump’s chances of getting re-elected became slimer and slimer.Weighing in for Oppenheimer, Chief Investment Strategist John Stoltzfus noted, “What appears clear so far is that the equity markets are not averse to… Source link

Yandex (NASDAQ:YNDX) saw a large decline in short interest during the month of October. As of October 15th, there was short interest totalling 11,430,000 shares, a decline of 14.2% from the September 30th total of 13,320,000 shares. Based on an average daily volume of 3,390,000 shares, the short-interest ratio is presently 3.4 days. Yandex stock opened at $56.88 on Tuesday. The firm’s 50 day simple moving average is $60.86 and its 200-day simple moving average is $52.41. The company has a… Source link

Google parent company Alphabet warned in last quarter that it was expecting to see the impact of coronavirus in the second quarter results, and it was: the company saw its first revenue decline in its history. But it managed to beat Wall Street’s revenue expectations. Total revenue for the quarter was $38.3 billion, versus the $37.4 billion expected, but that marks a 2 percent decline from the second quarter of 2019. Net income dropped from $9.9 billion a year ago, to $6.9 billion…. Source link

This article has been reviewed according to Science X’s editorial process and policies. Editors have highlighted the following attributes while ensuring the content’s credibility: Ok! Google chief executive Eric Schmidt, pictured on September 7, on Friday said that Microsoft’s Bing… Source link