22 April

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Intel Earnings, Revenue beat in Q1 By Investing.com

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Intel (NASDAQ:INTC) reported on Thursday first quarter earnings that beat analysts' forecasts and revenue that topped expectations. Intel announced earnings per share of $1.39 on revenue of $19.67B. Analysts polled by Investing.com anticipated EPS of $1.14 on revenue of $17.78B. Intel shares are up 25% from the beginning of the year and are trading at $62.56 , down-from-52-week-high.They are outperforming the Dow Jones which is up 10.48% from the start of the year. Intel follows other major Technology sector earnings this month Intel's report follows an earnings beat by Taiwan Semiconductor on...

22 April

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VeriSign Earnings miss, Revenue beats In Q1 By Investing.com

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VeriSign reported on Thursday first quarter earnings that missed analysts' forecasts and revenue that topped expectations. VeriSign announced earnings per share of $1.33 on revenue of $323.6M. Analysts polled by Investing.com anticipated EPS of $1.34 on revenue of $322M. VeriSign shares are down 1% from the beginning of the year and are trading at $212.46 , down-from-52-week-high.They are under-performing the Nasdaq which is up 7.22% from the start of the year. VeriSign follows other major Technology sector earnings this month VeriSign's report follows an earnings beat by Taiwan Semiconductor on April 15,...

22 April

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The spending strains of Europe’s top soccer leagues By Reuters

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By Marc Jones LONDON (Reuters) - The furore created by what looks to be a now-failed plan for a breakaway European soccer 'Super League' was born out a need to stabilise the games finances its architects argued. The charts below show some of the mind-boggling numbers involved in the world's richest leagues and where the financial strains are most acute. WORTH IT The combined value of the top 32 European teams has grown over 50% since 2016 according to accountancy firm KPMG which looks at clubs' overall 'enterprise value' -- their owners’ equity, plus total...

22 April

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UK financial watchdog to ‘reset’ how it protects consumers By Reuters

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By Huw Jones LONDON (Reuters) - Britain's financial regulator said on Thursday it will rethink how consumers should be protected after a surge in online scams since people were forced to work from home due to COVID-19 restrictions. Under its new CEO Nikhil Rathi, the Financial Conduct Authority is under intense pressure from lawmakers make radical changes so it can spot misconduct faster. The watchdog was heavily criticised last year in an independent report into the collapse of investment firm London Capital & Finance. It has already made several new executive appointments and pledged to improve...

22 April

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Dow Falls as Biden Mulls Tax Hike on Rich By Investing.com

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By Yasin Ebrahim Investing.com – The Dow fell Thursday as investors weighed up the latest round of corporate earnings and reports that President Biden is considering a major capital gains tax hike on the rich. The Dow Jones Industrial Average fell 0.97%, or 331 points, the S&P 500 slipped 0.90%, and the Nasdaq Composite was down 0.91%. Biden is reportedly contemplating almost doubling the capital gains tax hike up to 39.6% to fund child care and education proposals included in his so-called...

22 April

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London court allows Australia’s Wright to serve bitcoin copyright claim By Reuters

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By Kirstin Ridley LONDON (Reuters) - London's High Court has paved the way for a case that could force its judges to take a view on who invented bitcoin, the world's biggest cryptocurrency which last week soared to all-time highs. The court has allowed Craig Wright, an Australian computer scientist who alleges he created bitcoin, to serve a copyright infringement lawsuit against the operator and publisher of the bitcoin.org website, which calls itself Cobra, over Twitter or a generic email address. Wright can now try and pursue his case -- titled Wright v Person(s) unknown,...

22 April

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Canada shares lower at close of trade; S&P/TSX Composite down 0.66% By Investing.com

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Investing.com – Canada equities were lower at the close on Thursday, as losses in the Materials, Healthcare and Energy sectors propelled shares lower. At the close in Toronto, the S&P/TSX Composite declined 0.66%. The biggest gainers of the session on the S&P/TSX Composite were Laurentian Bank Of Canada (TSX:LB), which rose 5.64% or 2.27 points to trade at 42.49 at the close. goeasy Ltd (TSX:GSY) added 4.40% or 6.11 points to end at 145.02 and Air Canada (TSX:AC) was up 4.27% or 1.01 points to 24.65 in late trade. Biggest losers included...

22 April

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Airlines look past slow recovery to post-pandemic travel By Reuters

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By Laurence Frost PARIS (Reuters) - Even as new setbacks cloud their path to recovery, airline bosses are focusing on the lasting impact of COVID-19 on premium travel, technology and other pillars of their business. Aviation leaders, forced to gather virtually by the pandemic, have been gauging its longer-term fallout at the World Aviation Festival, after more than a year of lockdowns. Drawing many top executives and thousands of participants, this week's event comes as doubts over the northern summer vacation season renew scrutiny of airlines' cash and their ability to withstand another washout. The...

22 April

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Qualtrics Pops As Analyst Upgrades Follow Robust Earnings, Brighter Outlook By Investing.com

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By Dhirendra Tripathi Investing.com – Qualtrics (NASDAQ:XM) was up by more than 25% in Thursday’s session on upgrades by several analysts, enthused by the company reporting strong earnings and forecasting an even better June quarter. Qualtrics makes software that helps companies engage better with their consumers and employees. Piper Sandler analyst Brent Bracelin raised Qualtrics to overweight with a target of $49, which translates into an upside potential of a little over 15% from the stock’s present level of $42.48. He cited the company's growth potential and a favorable risk-reward ratio as reasons behind his...

22 April

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British regulator says AstraZeneca COVID shot clots rise to 168 By Reuters

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LONDON (Reuters) - Britain's medicines regulator on Thursday said there had been 168 major blood clots following a dose of AstraZeneca (NASDAQ:AZN)'s COVID-19 vaccine, a rate of 7.9 clots per million doses, a jump in incidence from the previous week's figure. This was up from the 100 cases reported last week, when the overall case incidence was 4.9 per million doses. There has been scrutiny of the AstraZeneca vaccine on the issue of the very rare clots and some countries, including Britain, have recommended that only people over a certain age get the shot....

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News

Intel Earnings, Revenue beat in Q1 By Investing.com

VeriSign Earnings miss, Revenue beats In Q1 By Investing.com

The spending strains of Europe’s top soccer leagues By Reuters

UK financial watchdog to ‘reset’ how it protects consumers By Reuters

Dow Falls as Biden Mulls Tax Hike on Rich By Investing.com

London court allows Australia’s Wright to serve bitcoin copyright claim By Reuters

Canada shares lower at close of trade; S&P/TSX Composite down 0.66% By Investing.com

Airlines look past slow recovery to post-pandemic travel By Reuters

Qualtrics Pops As Analyst Upgrades Follow Robust Earnings, Brighter Outlook By Investing.com

British regulator says AstraZeneca COVID shot clots rise to 168 By Reuters

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