Author: jenny

Finance 

Charles Schwab Q4 2020 earnings

jenny

A pedestrian passes in front of a Charles Schwab Corp. bank branch in downtown Chicago, Illinois.

Christopher Dilts | Bloomberg | Getty Images

Retail investing behemoth Charles Schwab beat Wall Street’s profit and revenue expectations for the fourth quarter, the first earnings report following Schwab’s $26 billion acquisition of rival TD Ameritrade.

Charles Schwab on Tuesday reported adjusted earnings of 74 cents per share, topping estimates of 71 cents per share, according to Refinitiv. Revenue came in at $4.18 billion, higher than the forecast $4.108 billon.

Schwab said it now operates nearly 29.6 million brokerage accounts.

Shares of Schwab rose

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Economy 

First Women on Stage Summit Highlights Diversity and Inclusion in Tech 

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Moran Weber, the founder of Women On Stage

Women On Stage organization which founded with a mission of fixing the present-day gender imbalance that exists between men and women announces its first conference on Feb 10-11.

the conference will be broadcasted online and will host on Microsoft Reactors around the world: New-York, London, Tel-Aviv, Australia, and more.  

The first Women on Stage conference will be broadcasted online around the world New-York, London, Tel-Aviv, Australia, and more. 40 women tech speakers will present highly professional topics such as Data/ML, NLP, Backend, Cloud and Big Data. All are alumni of Women on

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Biz News 

Goldman Sachs (GS) Q4 2020 earnings crushes estimates

jenny

David Solomon, chief executive officer of Goldman Sachs & Co., speaks during a Bloomberg Television interview at the Milken Institute Global Conference in Beverly Hills, California, U.S., on Monday, April 29, 2019.

Patrick T. Fallon | Bloomberg | Getty Images

Goldman Sachs on Tuesday beat analysts’ expectations for fourth-quarter profit and revenue on strong performance from the firm’s equities traders and investment bankers.

The bank posted earnings of $12.08 a share, crushing the $7.47 estimate of analysts surveyed by Refinitiv. Revenue of $11.74 billion exceeded expectations by about $1.75 billion.

Shares of the New York-based bank jumped 2% in premarket

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Finance 

Upwork Launches Project Catalog – Small Business Trends

jenny

Upwork has announced the launch of its Project Catalog, a curated collection of predefined projects that customers can browse and buy at a fixed price in just a few clicks. The release is part of an ongoing expansion of Upwork and is expected to help businesses and freelancers to work together instantly on the Upwork marketplace.

Project Catalog

Project Catalog offers an e-commerce-like experience for businesses to quickly find what they are looking for in freelance professionals and pay a fixed price to have it done. With the platform, essential project information such as scope, cost, timing, and deliverables are

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Economy 

Goldman Sachs Raises US GDP Forecast for 2021 to 6.6% on Biden’s $1.9 Trillion Stimulus Package

jenny

Investment firm Goldman Sachs is high on America’s economic growth under its new President Joseph Biden. The firm has raised its already rosy forecast for 2021 up to a 6.6% expected growth rate, reports Business Insider. This is largely due to President Elect Biden’s proposed $1.9 Trillion economic stimulus plan.

This plan is intended to help get America moving again after the Coronavirus recession of 2020.

With the Democrats set to assume control of both houses of the U.S. Congress Mr. Biden’s plan is expected to be approved quickly once he assumes office on January 20. This, in part,

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Biz News 

The Brothas of Harlem Capital Receive $10 Million Investment From Apple

jenny

 

Apple announced Wednesday that it will invest $10 million with Harlem Capital as part of their racial equity and justice pledge.

“The unfinished work of racial justice and equality call us all to account,” Apple CEO Tom Cook shared on Twitter. “Things must change, and Apple’s committed to being a force for that change.”

The investment is part of Apple’s $100 million racial equality and justice initiative announced last June. The program will be led by Apple VP Lisa Jackson.

“The initiative will challenge the systemic barriers to opportunity and dignity that exists for communities of color and particularly

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Finance 

Why top market analysts back stocks like Intel, BioMarin

jenny

Intel logo exhibited during the Mobile World Congress, on February 28, 2019 in Barcelona, Spain.

Joan Cros | NurPhoto | Getty Images

Earnings season is here, and Wall Street analysts are calling for another decline amid the pandemic.

However, some pros are more optimistic about the fourth quarter earnings season, with Ignacio Cantos, investment director at ATL Capital in Madrid, noting the “next catalyst will be the upcoming earnings season.”

Against this backdrop, Wall Street experts argue that there are exciting plays to be made. But how are investors supposed to spot the most compelling opportunities out there? By looking

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