Chewy on Tuesday reported stronger-than-expected quarterly earnings results, which sent its shares surging in the after-hours session. Here are the key results for Q4 versus expectations, according to Bloomberg data: The online seller of pet food and supplies saw net sales top $2 billion for the first time, climbing nearly 51% from a year ago to $2.04 billion. For the fiscal year, net sales jumped more than 47% to $7.15 billion. It also reported 19.2 million active customers, adding 5.7… Source link
Read More »Stock market news live updates: Stocks dip, with tech shares under more pressure as Treasury yields rise – Yahoo Finance
AccuWeather Governor ‘utterly impressed’ by family’s spirit in wake of tornado Nearly a week after a round of severe weather collapsed homes, tore apart neighborhoods and claimed the lives of at least six people, a dozen tornado paths were confirmed Monday across Alabama, Georgia and Mississippi — and survey crews upgraded the intensity of some of the most destructive twisters that touched down. The National Weather Service has totaled one EF4, four EF3, three EF2, three EF1 and one EF0… Source link
Read More »Rout in China Tech Shares Is a Buying Opportunity for Some
TipRanks Goldman Sachs Bets on These 3 Stocks; Sees Over 50% Upside Potential What goes up must come down, as we all know. This fact of physics is the underlying worry of the stock market, that fuels our suspicions of bubbles. But investment firm Goldman Sachs doesn’t believe we should worry; the firm’s chief global equity strategist Peter Oppenheimer gives several reasons to expect that the market’s current upward trend is real. His key points include the equity risk premium, the real… Source link
Read More »Nomura flags $2 billion loss, cancels bond issue; shares plummet
By Makiko Yamazaki and Stanley White TOKYO (Reuters) -Nomura Holdings Inc on Monday flagged a possible $2 billion loss at a U.S. subsidiary, prompting Japan’s biggest brokerage and investment bank to shelve a hefty bond issuance and sending its stock tumbling by the most in over a decade. Nomura’s stock was greeted by a deluge of sell orders at market open, pushing its price down as much 16% in early trade. The firm in a statement said the $2 billion hit derived from transactions with a U.S…. Source link
Read More »Google Shares Technical SEO Best Practices For Ecommerce Sites
Why Product Data is Different From Other Data Types Providing Product Information With Structured Data Providing Producing Information Through Google Merchant Center Final Notes Google provides guidance to SEOs and ecommerce site owners on best practices for providing the search engine with accurate information about products. When Google has timely and accurate product data it can apply special formatting in search results to assist shoppers with their buying decisions. Additional data that… Source link
Read More »Google to invest $50M in Texas and shares new details on its upcoming Houston office
Mark it on your calendars: In May, Google is expected to complete the buildout of its first office in Houston. Google will occupy one floor totaling 11,000 square feet in the One Buffalo Heights building at 3663 Washington Ave. The tech giant announced the Houston office last June. It’s unclear how many Google employees will work in the Houston office, which will be a regional hub for Google Cloud’s sales team. But if Google adheres to industry standards for office space per person, the… Source link
Read More »Vanessa Bryant shares ‘disturbing’ allegations against police
Vanessa Bryant has made public disturbing allegations against four Los Angeles police officers who are claimed to have taken and shared disturbing images of the aftermath of the helicopter crash which claimed the life of her husband Kobe and seven others. (Photo by FREDERIC J. BROWN / AFP) (Photo by FREDERIC J. BROWN/AFP via Getty Images) In an Instagram post Wednesday, Vanessa Bryant named four Los Angeles County Sheriff’s deputies who allegedly took and shared unauthorised graphic photos… Source link
Read More »Roblox Reaches $45 Billion Valuation as Shares Rise in Debut
(Bloomberg) — Digital games company Roblox Corp., transformed into a cultural icon during the coronavirus pandemic, made its public debut Wednesday with its shares rising 7.8% from its opening price. Roblox is one of the few companies that have gone public through a direct listing, an alternative to an initial public offering in which the shares begin trading without the company issuing new stock. The company’s shares, which opened trading at $64.50 apiece, closed at $69.50 in New York,… Source link
Read More »Roblox Creator’s Wealth Soars to $4.6 Billion as Shares Jump
TipRanks Raymond James: These 3 Stocks Are Poised to Surge by at Least 50% In a recent note on the state of the stock markets, Raymond James equity strategist Tavis McCourt points out a series of policy factors that are playing a role in the current market volatility; the situation is more complex, perhaps, than most of us have been willing to admit. McCourt notes permutations of the SLR rule, political dynamics on the Senate Banking Committee, and the regulatory atmosphere towards potential… Source link
Read More »Zoom founder Eric Yuan transfers $6bn of his shares
Zoom founder Eric Yuan Zoom founder Eric Yuan has transferred about 18 million of his shares worth more than $6bn (£4.4bn), according to a regulatory filing. Mr Yuan, who is also chief executive of the video-conferencing platform, moved roughly 40% of his stake in the company last week. The shares were shown as gifts to unspecified beneficiaries last week. Mr Yuan has seen his personal wealth rocket as Zoom became a household name during pandemic lockdowns. An increasing number of students and… Source link
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