Google-parent Alphabet Inc on Monday reported its worst fourth-quarter revenue growth since 2015, missing analysts’ estimate for a period in which its top online advertising rivals beat expectations.
(Bloomberg) — Alphabet Inc. reported revenue from the key holiday quarter that missed Wall Street estimates, suggesting the company’s Google advertising business is struggling to maintain growth in the face of rising competition.Revenue, excluding payments to partners, was $37.6 billion in the fourth quarter, less than analysts’ projections of $38.4 billion, according to data compiled by Bloomberg. Ad revenue in the quarter rose 17%, slower than the 20% year-over-year growth from in the same quarter a year earlier.Shares fell about 4% in after-market trading. The stock jumped about 16% in the past three months, hitting a record late last month. …read more […]
For the first three weeks of 2020, all was well in the market. The S&P 500 rose from 3,230 on December 31 to 3,320 on January 21 – a rise of nearly 3%.
And then novel coronavirus became a thing. The market slid, and volatility spiked.
Volatility measures how much and how fast stock or market prices move.
If a stock (or the market) moves an average of 1% per day and tomorrow it drops 3%, you could say volatility increased. If it climbs 0.5%, you could claim volatility is low.
When market commentators talk about volatility, it is usually talked about in a …read more […]
Trump has lied repeatedly about economic progress under his administration. Here are some whoppers to watch for when Trump addresses Congress on February 4. …read more […]
U.S. stocks rallied on Monday, helped by gains in heavyweight technology shares and surprise strength in U.S. manufacturing activity, following a sharp selloff last week sparked by concerns about fallout from a virus out of China.
Google-parent Alphabet Inc on Monday reported its worst fourth-quarter revenue growth since 2015, missing analysts’ estimate for a period in which its top online advertising rivals beat expectations.
The Kansas City Chiefs defeated the San Francisco 49ers 31-20 in Super Bowl LIV, but it was the commercials that stuck with fans, with some ads soaring to the top while others lagged behind. Carrie Kerpen, the CEO & Co-Founder of Likeable Media, joins Yahoo Finance’s Zack Guzman and Brian Cheung, along with Former Presidential Candidate Marianne Williamson, to discuss. …read more […]
(Bloomberg) — California Governor Gavin Newsom has threatened a state takeover of PG&E Corp. if the bankrupt utility giant doesn’t shape up. Now he has a framework to do it.State Senator Scott Wiener will introduce a bill as early as Monday that would kick off a process by which the state assumes control over PG&E by buying its stock, according to his staff.The utility would be run by a municipal board — enabling access to cheap tax-free financing — but operated by a public benefit corporation, a private entity that would allow PG&E workers to avoid being subject to government …read more […]
Fallout from the Airbus bribery scandal reverberated around the world on Monday as the head of one of its top buyers temporarily stood down and investigations were launched in countries aggrieved at being dragged into the increasingly political row.
Oil prices fell to the lowest in more than a year on Monday as the coronavirus outbreak curtailed Chinese demand and sparked potential supply cuts by OPEC and its allies.
Renting is now only slightly cheaper than owning a home, according to a new Realtor.com study. …read more […]
Justice Department officials will meet on Tuesday with representatives of state attorneys general to discuss their investigations of search and advertising giant Google, according to sources familiar with the plans.
The dollar strengthened and a gauge of global stocks jumped, lifted by an unexpected rebound in U.S. manufacturing that helped temper fears that caused stocks overnight in Asia to plunge on the potential impact of the coronavirus in China.
Tesla Inc’s stock surged 17% on Monday, taking its rise since early June to over 300%, fueled by a quarterly profit at Panasonic’s battery business with the U.S. car maker and an investor report predicting its shares would rise more than ten-fold by 2024.
NFL star Tom Brady posted a cryptic photo of himself on Twitter, alluding to his retirement from the Patriots. Yahoo Finance’s On The Move panel discusses. …read more […]
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