[unable to retrieve full-text content]Russian Tech Giant Yandex Sees 2022 Revenues Jump Despite … The Moscow Times Source link
Read More »Russian Tech Giant Yandex Sees Revenues Jump In 2022 – Barron's
[unable to retrieve full-text content]Russian Tech Giant Yandex Sees Revenues Jump In 2022 Barron’s Source link
Read More »Carlyle’s David Rubenstein sees the Fed targeting 3% inflation
Billionaire investor David Rubenstein is the latest Wall Street titan raising doubts about the Federal Reserve’s ability to reach its current inflation goals. “I think the Fed will probably target inflation down to about 3%, not 2%,” the founder and co-chairman of private equity giant The Carlyle Group said in an interview with Yahoo Finance Live at the World Economic Forum in Davos, Switzerland Wednesday. Rubenstein also had a notably more optimistic tone about the outlook for the economy Source link
Read More »Google Reportedly Working on Apple AirTag Alternative As Personal Tracker Market Sees Growth and Consolidation
Apple Inc.’s AAPL AirTags have remained dominant in the Bluetooth tracker market, with people spending billions to help keep track of their things. But there hasn’t been a viable alternative. Tile, which only tracks using the owner’s device, lost its competitive edge after Apple implemented tracking features associated with pinging nearby phones. MaxTracker, a startup raising funds on StartEngine, is improving on Tile and AirTag technology. MaxTracker is creating a 5G device that uses… Source link
Read More »Yahoo and Taboola Announce Closing of Deal, 30-Year Strategic Partnership Sees Taboola Power Recommendations for Yahoo
Yahoo and Taboola (NASDAQ: TBLA), a global leader in powering recommendations for the open web, today announced they have closed their previously announced 30-year exclusive commercial agreement. This unique deal makes Taboola the exclusive native advertising partner for all of Yahoos digital properties, strengthening Taboolas position as a leading native advertising offering for advertisers, publishers and merchants on the open web. The partnership brings Taboola to Yahoos… Source link
Read More »BofA upgrades homebuilder stocks, sees ‘home price correction rather than a crash’
Analysts at Bank of America raised their rating on shares of three homebuilder stocks in a note out on Wednesday amid expectations mortgage rates will drop, materials costs will fall, and home prices will avoid a crash in 2023. In a new note to clients, Rafe Jadrosich at Bank of America Global Research upgraded shares of Lennar (LEN) to Neutral from Underperform with a price target of $102, up from $92, while raising shares of PulteGroup (PHM) to Buy from Neutral with a price target of $60,… Source link
Read More »Goldman CEO David Solomon sees only 35% chance of soft landing, stocks lower in 2023
Goldman Sachs (GS) CEO David Solomon expects the stock market’s slide to continue in 2023 and thinks the odds of a recession hitting the U.S. economy are about 2-out-of-3. Speaking at the Wall Street Journal’s CEO Council Summit on Tuesday, Solomon said he expects stocks will be lower, along with oil and real estate (both commercial and residential), while the U.S. dollar is poised to rise slightly next year. Meanwhile, Solomon placed the probability of a “soft landing” — or a slowdown in… Source link
Read More »Bank of America sees stocks going nowhere in 2023
Roughly a year from today, the S&P 500 will likely have gone nowhere, strategists at Bank of America Global Research said in their year-ahead outlook published Monday. Equity strategists at BofA set a 2023 year-end price target of 4,000 on the benchmark index — an increase of less than 1% from Monday’s close of 3,963.94 — as annual earnings per share for the S&P 500 are seen declining 9% next year to $200. This drop in earnings reflects a figure roughly 15% below current estimates. In… Source link
Read More »Bank of America sees stocks going nowhere in 2023
Roughly a year from today, the S&P 500 will likely have gone nowhere, strategists at Bank of America Global Research said in their year-ahead outlook published Monday. Equity strategists at BofA set a 2023 year-end price target of 4,000 on the benchmark index — an increase of less than 1% from Monday’s close of 3,963.94 — as annual earnings per share for the S&P 500 are seen declining 9% next year to $200. This drop in earnings reflects a figure roughly 15% below current estimates. In… Source link
Read More »Smartphone chip firm MediaTek CEO sees ‘incremental’ move away from Taiwan
By Jane Lanhee Lee (Reuters) – Tensions between China and the United States are pushing some manufacturer companies to talk about moving some of their supply chain away from Taiwan as well, although it’s “incremental,” the head of Taiwan’s most important smartphone chip design firm told Reuters over the weekend. Some of the “very large (equipment manufacturers) will require their chip suppliers to have multiple sources, like from Taiwan and from U.S., or from Germany or from Europe,”… Source link
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