Tag Archives: shares

Shares tumble after subscriber additions, guidance miss estimates

Netflix (NFLX) reported paid subscriber additions and guidance that sharply missed estimates, with subscriber growth decelerating more sharply than expected over the course of 2020 after a strong initial surge in sign-ups. Shares traded more than 5% lower after market close Tuesday afternoon. Here were the main results from the report, compared to consensus estimates compiled by Bloomberg: Q3 Revenue: $6.44 billion vs. $6.39 billion expected Q3 Earnings per share: $1.74 vs. $2.13 expected Q3… Source link

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ESPN’s Maria Taylor shares hate message from football fan

ESPN’s Maria Taylor opened up on Monday about hate speech her family received in response to her criticism of Buffalo Bills backup quarterback Jake Fromm. Fromm apologized in June after a private text message surfaced online showing Fromm writing that only “elite white people” should have access to guns. Fromm and Taylor were both student-athletes at Georgia, where Taylor played volleyball. Taylor responded to Fromm’s text on ESPN’s “First Take” in June. Taylor: It hurts to your… Source link

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Tinkoff Scraps $5.5Bln Deal With Yandex, Shares Plunge

The proposed megamerger between Russia’s leading technology company Yandex and fast-growing challenger bank Tinkoff has been scrapped after the bank’s billionaire founder Oleg Tinkov walked away from the negotiations. In an announcement to the London Stock Exchange — where Tinkoff’s holding company TCS is listed — the bank said negotiations between the two sides had been “terminated, effective immediately.” Yandex and Tinkoff previously… Source link

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Yandex N.V. (NASDAQ:YNDX) Shares Could Be 28% Above Their Intrinsic Value Estimate

TipRanks Raymond James Says These 3 Stocks Could Surge Over 100% From Current Levels Election day is just around the corner, and Wall Street is placing its bet on a Democratic sweep. Following the Presidential debate on September 29, the chance of a Biden victory has been increasing in the market.Since September 30, the S&P 500 has moved 5.5% higher. That said, the rotation into cyclicals and small-caps has been much more pronounced, with the Russell 2000 surging 8.5% over the same… Source link

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Tesla stock is now pricier than shares of Google’s Alphabet

Tesla Inc. TSLA, -3.08% shares on Monday rose more than 14%, headed for a record high and trading above shares of Google’s parent Alphabet Inc. GOOG, -1.97% GOOGL, -1.74% and Priceline.com’s Booking Holdings Inc. BKNG, -1.20%. The stock’s one-day gain is its best since a 16% jump in March. The rally has pushed the Silicon Valley car maker’s market value to around $321 billion, the most valued… Source link

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Yandex shares surpass $50 on Moscow Exchange – Business & Economy

MOSCOW, June 23. /TASS/. Yandex shares updated historical maximum on the Moscow Exchange. The company’s securities grew by 5.9% and reached 3,444.8 rubles ($50.2) per share. By 18:20 Moscow time, the company’s slowed growth to 3.2% and were trading at 3,359 rubles ($48.92). The company’s shares increased after Russian President Vladimir Putin suggested reducing the insurance contributions rate from 14% to 7.6% and the income tax rate from 20% to 3% for IT companies. “I suggest… Source link

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