• What drove user interest and what can we expect moving forward?
    Yahoo Finance

    What drove user interest and what can we expect moving forward?

    As we kick off 2020, we're taking a look at the past year's most popular stocks and the trends that fueled them. To do this, we took a peek within our award-winning technical analysis product Technical Insight to see which U.S. instruments yielded the highest search rate from our global investor base throughout 2019.

  • United Technologies (UTX) Stock Moves -0.4%: What You Should Know
    Zacks

    United Technologies (UTX) Stock Moves -0.4%: What You Should Know

    United Technologies (UTX) closed the most recent trading day at $153.19, moving -0.4% from the previous trading session.

  • Paypal (PYPL) Stock Moves -0.77%: What You Should Know
    Zacks

    Paypal (PYPL) Stock Moves -0.77%: What You Should Know

    Paypal (PYPL) closed the most recent trading day at $116.98, moving -0.77% from the previous trading session.

  • Bloomberg

    YouTube Gets Streaming Rights to Major Esports Leagues

    (Bloomberg) -- YouTube secured the exclusive rights to broadcast some of the biggest esports leagues, giving Google a boost in its efforts to push into the lucrative world of video games.The deal, signed between Alphabet Inc.’s Google and video game publisher Activision Blizzard Inc., gives YouTube the rights to broadcast the new Call of Duty League and the already-popular Overwatch League, which was broadcast on Amazon.com Inc.’s Twitch for the past two years at a reported cost of $90 million. As part of the agreement, Google will provide cloud infrastructure for Activision’s online games. Financial terms of the multiyear deal were not disclosed.Gaming is a significant new frontier for Google. Last year, it released a game-streaming service called Stadia, which lets people play games through the internet without having to buy a console or high-powered computer. YouTube has always been a major destination for watching people play video games, but the company is trying to take even more territory by poaching well-known game players from Twitch.‘All-Out Talent War’ in Video Gaming Sparked by Ninja Defection“In 2020 Google is going all out to claim a piece of the $120 billion games market,” said Joost van Dreunen, managing director of Nielsen’s video-game research arm. “Google is off to a great start to building strong relationships with content creators which it will need to differentiate as it tries to penetrate the industry via different avenues.”The news isn’t good for Amazon, which hasn’t announced a competitor to Stadia and still faces uncertainty about its in-house gaming studio, van Dreunen said. “The longer Amazon remains on the sidelines of technological shifts in the games business, the harder it will be to capture share down the line,” he said.The deal offers a strong boost to the central thesis of Activision’s esports efforts. The publisher pitched investors on the Overwatch League and the Call of Duty League, which launches later this month, as esports equivalents to traditional sports leagues like the National Basketball Association or National Football League. Selling media rights to companies like YouTube is a central piece of how these leagues make money.Providing hosting services to Activision is also a win for Google’s cloud division, which is trailing Amazon and Microsoft Corp. in that market.(Updates with comment from analyst in the fourth paragraph.)\--With assistance from Eben Novy-Williams.To contact the reporter on this story: Gerrit De Vynck in New York at gdevynck@bloomberg.netTo contact the editors responsible for this story: Jillian Ward at jward56@bloomberg.net, Andrew PollackFor more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.

  • Oil Posts Worst Week in a Year as Virus Selloff Deepens
    Bloomberg

    Oil Posts Worst Week in a Year as Virus Selloff Deepens

    (Bloomberg) -- Crude posted the worst weekly decline in more than a year on concern that the spread of China’s coronavirus will cripple fuel demand. Brent futures sank 2.2% in London on Friday. Deaths from the coronavirus rose to at least 26 and China expanded travel restrictions for about 40 million people in an attempt to halt contagion. The U.S. is monitoring more than 60 people for potential infection and lawmakers said health authorities are expected to confirm a third case.The Asian virus has spooked traders even as the World Health Organization stopped short of declaring a global health emergency. The contagion is disrupting travel during the Lunar New Year holiday, when hundreds of millions normally fly or ride home. The selloff has accelerated as trend-following funds turned bearish, according to TD Securities.“Contagion fears are spiking ahead of the biggest yearly migration ahead of new year,” said Daniel Ghali, a commodities strategist at TD Securities. “The fear factor is the risk of contagion, synonymous to what happened in 2003 with SARS which led to a 2% drop in Chinese economic growth.”The fast-spreading virus is the latest challenge for a market that’s been buffeted this year by geopolitical turmoil in the Middle East and North Africa, as well as the phase-one trade deal between Beijing and Washington. Goldman Sachs Group Inc. said earlier this week that, if the coronavirus has an impact similar to the 2003 SARS epidemic, demand could be curbed by 260,000 barrels a day. While this is not the first time global oil markets contend with an epidemic threatening demand, the current supply environment could worsen the situation.“The slightest fear of any economic slowdown will spur a long wave of liquidations because the market is so oversupplied,” said Walter Zimmermann, chief technical strategist at ICAP Technical Analysis.Some businesses in China including McDonald’s Corp. and Starbucks Corp. temporarily shut some stores in efforts to contain the virus.See also: China’s Economy Was Brightening This Month Before Virus Fear HitBrent crude for March settlement fell $1.35 to settle at $60.69 a barrel on the ICE Futures Europe exchange in New York putting its premium over WTI for the same month at $6.50 a barrel. Brent futures fell 6.4% this week.West Texas Intermediate futures for March delivery slipped $1.40 to end the session at $54.19 a barrel on the New York Mercantile Exchange, the lowest level since October. Meanwhile, based on the commodity’s relative strength index, WTI is sitting in oversold territory and is due for a rally.Options traders are paying the most since Oct. 31 for protection against price swings, according to the CBOE/CME WTI volatility index.\--With assistance from James Thornhill, Grant Smith and Saket Sundria.To contact the reporter on this story: Jackie Davalos in New York at jdavalos10@bloomberg.netTo contact the editors responsible for this story: David Marino at dmarino4@bloomberg.net, Jessica Summers, Mike JeffersFor more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.

  • Previewing Tech Sector Earnings
    Zacks

    Previewing Tech Sector Earnings

    Previewing Tech Sector Earnings

  • Bloomberg

    Impeachment Audience Shrinks as First Week of Trial Winds Down

    (Bloomberg) -- As House Democrats make their impeachment case against President Donald Trump, Americans are increasingly tuning out.TV ratings of the proceedings slipped on Thursday afternoon, marking the second straight day of declines. ABC, NBC and CBS collectively drew about 3.8 million viewers, according to Nielsen data shared by Fox Corp., down more than 20% from the trial’s first day on Tuesday.Fox News, CNN and MSNBC attracted about 4 million viewers together, a 32% plunge from Tuesday.Fox News, despite its reputation for a pro-Trump audience, has been drawing the biggest impeachment ratings -- though the network cuts away from the trial during prime time.It’s difficult to compare the impeachment ratings with those of previous televised events since viewing patterns have radically changed over the years. Many Americans are getting their impeachment updates from social media and the web, where they can stream the proceedings or watch key clips.In contrast, 71% of Americans said they saw President Richard Nixon’s Watergate hearings live on TV, according to Gallup.The impeachment of President Bill Clinton, meanwhile, wasn’t a ratings blockbuster.On a Saturday in 1998, CNN’s audience for a House of Representatives vote on the Clinton impeachment averaged 1.8 million homes, according to the New York Times. When CBS switched from the impeachment hearing that year to an NFL game, its viewership jumped fourfold.To contact the reporters on this story: Nick Turner in Los Angeles at nturner7@bloomberg.net;Gerry Smith in New York at gsmith233@bloomberg.netTo contact the editors responsible for this story: Nick Turner at nturner7@bloomberg.net, John J. Edwards IIIFor more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.

  • Bear of the Day: Dell Technologies (DELL)
    Zacks

    Bear of the Day: Dell Technologies (DELL)

    Bear of the Day: Dell Technologies (DELL)

  • Salesforce Encouraged Employees to Expense Co-CEO Marc Benioff’s Book
    Bloomberg

    Salesforce Encouraged Employees to Expense Co-CEO Marc Benioff’s Book

    (Bloomberg) -- Marc Benioff’s latest book, about the need for a gentler capitalism, became a national bestseller. The company he co-founded, Salesforce.com Inc., helped boost sales by encouraging employees to buy and expense the book published last October.The software maker sent a memo to its 48,000-member workforce last fall offering reimbursement if they purchased Benioff’s latest book, “Trailblazer,” the company said. Salesforce said it considers the book to be “business material.”“Our employees were invited to expense a copy and spread the word,” a Salesforce spokeswoman said in a statement. “‘Trailblazer’ was inspired by our employees, so of course we wanted to get it in their hands, as well as our customers’, partners’ and anyone else wanting to learn how business is the greatest platform for change.”“Trailblazer: The Power of Business as the Greatest Platform for Change” is the fourth book co-written by Benioff. On its website, Salesforce touted it as an “instant” New York Times bestseller. It was No. 1 on the Wall Street Journal’s bestseller list. The billionaire’s books have served to bolster his reputation in the technology industry, especially, “Behind the Cloud,” about building his business applications company.While the exact calculations behind the bestseller lists are shrouded in secrecy, the consensus in the publishing industry, according to the news website Vox, is it takes at least 5,000 books sold in a week to make the New York Times’ list.Proceeds from “Trailblazer” sales were donated to charity, the company said.“Trailblazer” tracks Benioff’s public journey deeper into social and political causes in recent years, including how to leverage his influence as a tech leader on issues he cares about including education and homelessness. In the book, Benioff declares that capitalism is “dead” and must be replaced by a system guided around more than just the interests of shareholders. He also called for higher taxes on the wealthy and more regulation on the tech industry.To contact the reporter on this story: Nico Grant in San Francisco at ngrant20@bloomberg.netTo contact the editors responsible for this story: Jillian Ward at jward56@bloomberg.net, Andrew Pollack, Alistair BarrFor more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.

  • What Makes S&P Global (SPGI) a Strong Momentum Stock: Buy Now?
    Zacks

    What Makes S&P Global (SPGI) a Strong Momentum Stock: Buy Now?

    Does S&P Global (SPGI) have what it takes to be a top stock pick for momentum investors? Let's find out.

  • What Makes Chipotle Mexican Grill (CMG) a Strong Momentum Stock: Buy Now?
    Zacks

    What Makes Chipotle Mexican Grill (CMG) a Strong Momentum Stock: Buy Now?

    Does Chipotle Mexican Grill (CMG) have what it takes to be a top stock pick for momentum investors? Let's find out.

  • Chipotle (CMG) Upgraded to Buy: What Does It Mean for the Stock?
    Zacks

    Chipotle (CMG) Upgraded to Buy: What Does It Mean for the Stock?

    Chipotle (CMG) has been upgraded to a Zacks Rank 2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

  • Tesla Crosses $100B Ahead of Q4 Earnings: ETFs in Focus
    Zacks

    Tesla Crosses $100B Ahead of Q4 Earnings: ETFs in Focus

    Tesla has become the first publicly listed U.S. automaker to cross $100 billion in market valuation ahead of Q4 earnings.

  • LOCO vs. QSR: Which Stock Should Value Investors Buy Now?
    Zacks

    LOCO vs. QSR: Which Stock Should Value Investors Buy Now?

    LOCO vs. QSR: Which Stock Is the Better Value Option?

  • Has Sony (SNE) Outpaced Other Consumer Discretionary Stocks This Year?
    Zacks

    Has Sony (SNE) Outpaced Other Consumer Discretionary Stocks This Year?

    Is (SNE) Outperforming Other Consumer Discretionary Stocks This Year?

  • Has Chipotle Mexican Grill (CMG) Outpaced Other Retail-Wholesale Stocks This Year?
    Zacks

    Has Chipotle Mexican Grill (CMG) Outpaced Other Retail-Wholesale Stocks This Year?

    Is (CMG) Outperforming Other Retail-Wholesale Stocks This Year?

  • Avnet's (AVT) Q2 Earnings Miss, Revenues Beat Mark, Fall Y/Y
    Zacks

    Avnet's (AVT) Q2 Earnings Miss, Revenues Beat Mark, Fall Y/Y

    Weakness in the components industry due to macroeconomic downsides and sluggish Farnell business affect Avnet's (AVT) second-quarter fiscal 2020 results. However, cost-saving efforts are a breather.

  • The Zacks Analyst Blog Highlights: Alphabet, salesforce.com, L3Harris, McKesson and Synopsys
    Zacks

    The Zacks Analyst Blog Highlights: Alphabet, salesforce.com, L3Harris, McKesson and Synopsys

    The Zacks Analyst Blog Highlights: Alphabet, salesforce.com, L3Harris, McKesson and Synopsys

  • Will GPU Adoption & EPYC Deal Wins Aid AMD's Q4 Earnings?
    Zacks

    Will GPU Adoption & EPYC Deal Wins Aid AMD's Q4 Earnings?

    Robust adoption of Advanced Micro Devices (AMD) graphics cards and EPYC deal wins are expected to have driven top-line growth in fourth-quarter 2019.

  • PayPal (PYPL) to Report Q4 Earnings: What's in the Offing?
    Zacks

    PayPal (PYPL) to Report Q4 Earnings: What's in the Offing?

    PayPal's (PYPL) fourth-quarter 2019 results are likely to reflect gains from portfolio strength.

  • What Awaits Automatic Data Processing (ADP) in Q2 Earnings?
    Zacks

    What Awaits Automatic Data Processing (ADP) in Q2 Earnings?

    Automatic Data Processing's (ADP) second-quarter fiscal 2020 earnings and revenues are likely to have improved year over year.

  • Factors Setting the Tone for Microsoft's (MSFT) Q2 Results
    Zacks

    Factors Setting the Tone for Microsoft's (MSFT) Q2 Results

    Microsoft's (MSFT) fiscal second-quarter results are likely to reflect gains from strength in Azure and robust adoption of business productivity offerings.

  • Choice Hotels' Ascend Hotel Collection Sets Record in 2019
    Zacks

    Choice Hotels' Ascend Hotel Collection Sets Record in 2019

    Choice Hotels (CHH) strengthens Ascend Hotel Collection brand's presence. The brand executes record 96 total contracts in 2019.

  • Can Wireless & WarnerMedia Traction Aid AT&T (T) Q4 Earnings?
    Zacks

    Can Wireless & WarnerMedia Traction Aid AT&T (T) Q4 Earnings?

    Increased 5G deployments and steady revenue stream from WarnerMedia segment is likely to drive fourth-quarter earnings of AT&T (T).

  • International Segment Key to Starbucks (SBUX) Q1 Earnings
    Zacks

    International Segment Key to Starbucks (SBUX) Q1 Earnings

    Starbucks' (SBUX) international segment witnessed growth of 6% in the prior-year quarter, a trend that is likely to continue in first-quarter fiscal 2020.