Tag Archives: surges

WASHINGTON — Top science officials in the Biden administration sought on Thursday to allay concerns about the highly transmissible Delta variant of the coronavirus, which has prompted renewed calls for mask wearing in some places. Compounding the alarm was an announcement last week from the World Health Organization that even vaccinated people should continue to wear masks. “Vaccine alone won’t stop community transmission,” a top WHO deputy explained in justifying the move, which appeared… Source link

More financial advisers are adding cryptos them to their clients’ portfolios. Photo: Getty Images Dogecoin (DOGE-USD) rose sharply after cryptocurrency exchange platform Coinbase announced it will begin accepting inbound transfers of the joke token that also continues to receive support from Tesla (TSLA) chief Elon Musk. The crypto was up 30% on Wednesday morning, trading at $0.42 (£0.3).  Musk, responding to the news about Coinbase, retweeted a picture that shows dogecoin taking over the… Source link

Zoom (ZM) reported its fiscal Q1 2022 earnings after the closing bell on Tuesday, beating analysts’ expectations on the top and bottom line with revenue soaring 191% year-over-year. The video conferencing company saw stratospheric growth during the pandemic, and investors are closely watching its performance in the coming quarters as the pandemic wanes and people begin meeting more in person. Here are the most important numbers from the report compared with what analysts were expecting as… Source link

Watch: Coinbase set to offer Dogecoin Dogecoin soared on Friday after Elon Musk said he was working with the crypto’s developers to improve its efficiency as a means of payment. The Tesla (TSLA) boss, who has previously said his Dogecoin tweets shouldn’t be taken seriously, tweeted that he was “working with doge devs to improve system transaction efficiency” and said the work was “potentially promising.” The cryptocurrency, which was conceived as a joke in 2013, rose over 30% on Friday morning… Source link

The U.S. coronavirus vaccine rollout is an ongoing success story. Nevertheless, the number of daily confirmed cases remains over 50,000 and is rising again. “We’re definitely in a different spot than we were a few months ago,” Dr. Payal Patel, an infectious diseases physician based out of Ann Arbor, Mich., said on Yahoo Finance Live (video above). “But the thing is, we’re beginning to see this big surge. And who are the people that are coming into the hospital? It’s unvaccinated… Source link

By Joshua Franklin and Niket Nishant (Reuters) – Shares of U.S. gaming company Roblox Corp closed up 54.4% in its New York Stock Exchange trading debut on Wednesday, valuing the company at $45.2 billion. San Mateo, California-based Roblox is among the world’s most popular gaming sites for children and offers a host of games across mobile devices and gaming consoles. The company’s stock opened at $64.5 and ended trading at $69.47, up from the reference price of $45 per share set on Tuesday and… Source link

By Joshua Franklin and Niket Nishant (Reuters) – Shares of U.S. gaming company Roblox Corp closed up 54.4% in its New York Stock Exchange trading debut on Wednesday, valuing the company at $45.2 billion. San Mateo, California-based Roblox is among the world’s most popular gaming sites for children and offers a host of games across mobile devices and gaming consoles. The company’s stock opened at $64.5 and ended trading at $69.47, up from the reference price of $45 per share set on Tuesday and… Source link

Bloomberg Intel Told to Pay $2.18 Billion After Losing Patent Trial (Bloomberg) — Intel Corp. was told to pay VLSI Technology LLC $2.18 billion by a federal jury in Texas after losing a patent-infringement trial over technology related to chip-making, one of the largest patent-damages award in U.S. history. Intel pledged to appeal.Intel infringed two patents owned by closely held VLSI, the jury in Waco, Texas, said Tuesday. The jury found $1.5 billion for infringement of one patent and $675… Source link

Home price growth in the U.S. accelerated in the final month of 2020 — the fastest pace in eight years. The results top off what was a record year for the housing market despite the COVID-19 pandemic. Standard & Poor’s said Tuesday that its S&P CoreLogic Case-Shiller national home price index posted a 10.4% annual gain in December, up from 9.5% in November — the fastest growth rate since 2013. The 20-City Composite posted a 10.1% annual gain, up from 9.2% the previous month — beating… Source link

TipRanks 3 Monster Growth Stocks That Are Still Undervalued Let’s talk about growth. With corona receding, politics growing less exciting, and a new year ahead, investors are getting optimistic – and that means there’s a hunt for stocks that will bring in strong returns. In other words, growth stocks. In a recent interview, Jan Hatzius, chief economist at investment giant Goldman Sachs, said that he sees GDP growth in 2Q21 hitting as high as 10%. In an environment like that, most stocks… Source link