Tag Archives: Yahoo

TipRanks 3 “Strong Buy” Stocks Trading at Rock-Bottom Prices When a stock’s price falls into the doldrums, it’s tempting to just avoid those shares. After all, rock bottom prices usually happen for a reason, and those reasons are usually not good for the stock’s prospects. But there are times – more frequent than most would guess – that this common wisdom runs counter to the facts. Because the fact is, many fundamentally sound stocks can and do see periods of falling share price…. Source link

Motley Fool Why Carnival Stock Just Popped Shares of cruise ship operator Carnival Corporation (NYSE: CCL) (NYSE: CUK) stock are bouncing back Monday, up 3.3% as of 12:35 p.m. EDT. The move comes in response to news late Friday that the U.S. Court of Appeals for the 11th Circuit has reversed its previous ruling that the U.S. Centers for Disease Control and Prevention could enforce its Conditional Sail Order, setting restrictions on whether cruise lines could sail carrying unvaccinated… Source link

Reuters U.S. new home sales hit 14-month low amid supply constraints Sales of new U.S. single-family homes tumbled to a 14-month low in June and sales in the prior month were weaker than initially estimated, the latest signs that expensive lumber and shortages of other building materials were hurting the housing market. The third straight monthly decline in sales reported by the Commerce Department on Monday followed news last week that permits for future homebuilding dropped to a nine-month… Source link

TipRanks Boston Beer Earnings Losing Their Fizz The earnings season saga continues, and it isn’t always pretty. The Boston Beer Company, Inc. (SAM) reported missed consensus expectations last Friday, to the dismay of investors. Missing on earnings is one thing, but cutting guidance is another. The company downgraded its future outlook, and shares tumbled more than 26% on the news. (See Boston Beer Company stock charts on TipRanks) Elaborating on the event is William Kirk of MKM Partners, who… Source link

Square’s CEO, Jack Dorsey, is a big believer in the future of bitcoin. That’s why Square (SQ) has been investing both directly and indirectly in digital currency. The company invested $50.0 million and $170.0 million in bitcoin in the fourth quarter of 2020 and the first quarter of 2021, respectively, doubling down as the price of the digital currency dropped. Meanwhile, Square has been investing in technology that eases bitcoin transactions. For example, its Cash App allows peer-to-peer… Source link

Former female employees of Activision Blizzard (ATVI) are coming forward to share their experiences at the company after a California state agency filed a civil rights lawsuit against the gaming giant alleging widespread sexual harassment and gender and racial discrimination. The suit, which seeks compensatory and punitive damages, as well as unpaid wages, has kicked off a firestorm against the “Call of Duty” and “World of Warcraft” maker, with users across social media platforms… Source link

The Big 12 as a whole is inheriting an abundance of talent throughout the conference via the transfer portal. With the rule of having to sit out after transferring now abolished, along with the extra year of eligibility due to COVID-19, teams throughout the nation are seeking transfers that can come in and make an immediate impact for their program. Texas, under a new coaching staff, is one of those schools that has relied heavily on the portal to address team needs. The Longhorns have taken… Source link

Euan Black Verizon Media has appointed Euan Black as Yahoo’s director of content for Australia and New Zealand. Black is currently head of news, sport and lifestyle at Yahoo Australia. In his new role, Black will lead all local editorial and video output for the Yahoo brands. In his nearly five-year tenure at Yahoo Australia, Black has achieved record growth for the news, sport and lifestyle brands with traffic up across all sites on average by 18% in the last year and the number of… Source link

Higher demand and reduced supply could be drivers for higher reads on inflation. Another reason? Simple math. Consider, for example, if prices increase by 30%. But what if prices fell by 30% before? Would that mean prices are back up to where they were? Percentages don’t tell the whole story, which is why looking at price levels can be just as important as looking at inflation rates. Economists refer to the distortions in relative price changes as “base effects.” What are base… Source link

UNITED STATES – JUNE 10: Sens. Ted Cruz, R-Texas, left, and Bill Hagerty, R-Tenn., are seen in the senate subway during a vote in the Capitol on Thursday, June 10, 2021. (Photo By Tom Williams/CQ-Roll Call, Inc via Getty Images) In a functioning democracy, taxpayers fork over some money to the government and get useful things like roads and bridges in return. Republicans in Congress don’t see it that way. The so-called “bipartisan infrastructure framework,” or BIF, that 20-something… Source link