Sirius XM (SIRI) to Report Q4 Earnings: What's in the Cards?
Sirius XM Holdings SIRI is set to report fourth-quarter 2020 results on Feb 2. The Zacks Consensus Estimate for revenues is pegged at $2.07 billion, implying growth of 0.5% from the year-ago reported figure. Meanwhile, the Zacks Consensus Estimate for earnings stayed at 5 cents per share over the past 30 days. It is expected to remain unchanged from the year-ago reported figure. The company’s earnings met the Zacks Consensus Estimate in two of...
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SEC Says It’s Probing Market Mania for Potential Misconduct
The U.S. Securities and Exchange Commission, facing intense pressure to respond to the recent mania in the stock market, said it’s seeking to identify potential misconduct and will scrutinize brokerages’ decisions to halt buying that triggered a retail-investor revolt.
Bloomberg
Companies
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7 Ways to Play the Crypto Boom
Although weakness has recently stymied what has otherwise been a remarkable run in bitcoin (CCC:BTC-USD), that alone won’t stop enthusiasm in the cryptocurrency sector. After breaking above the $20,000 level in December, bitcoin breached $40,000 in a matter of weeks before settling down to the low $30,000 territory. But is now a time to get....More From InvestorPlace Why Everyone Is Investing in 5G All WRONG Top Stock Picker Reveals His Next 1,000% Winner It doesn’t matter if you have $500 in savings or $5 million. Do this now.
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Saving & Investing
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Best & Worst Refinance Mortgage Companies of 2021
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Rural U.S. States Get Larger Share of PPP Loans in Latest Round
Small businesses in Nebraska, Oklahoma and other rural states have been the most successful at getting federal pandemic relief in the $284 billion round of aid that opened this month, buoyed by a new rule that authorizes loans to many farms that didn’t qualify before.
Bloomberg
Small Business
Skyworks' (SWKS) Q1 Earnings Top Estimates, Stock Up on Q2 View
Skyworks Solutions SWKS reported first-quarter fiscal 2021 non-GAAP earnings of $3.36 per share that beat the Zacks Consensus Estimate by 61.54% and surged 100% year over year. Revenues of $1.51 billion surpassed the Zacks Consensus Estimate by 42.2%. Further, the top line improved 69% on a year-over-year basis. The upside can be attributed to rapid deployment of 5G, which boosted demand for Skyworks’ mobile solutions. Also, broad markets...
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Consumer spending dips 0.2 percent in second drop in two months
Consumer spending in December dropped 0.2 percent, the second monthly decline in two months and a sign the economic recovery is slowing amid rising coronavirus cases over the fall and winter.The December drop followed a steeper 0.7 percent decline in November, according to the Commerce Department. Personal income rose by 0.6 percent in December.Those diverging figures point to something of a paradox linked to the pandemic.The increase in...
The Hill
Markets
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Seniors Are Getting These Unsold 2020 SUVs For Dirt Cheap
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My sister is a single mother and thinks ‘squatter rights’ is the way to secure housing in the pandemic. What can I do?
‘She has been better with her money the last three months, but she has been very irresponsible in her spending the last few years — paying for breast implants, for example.’
MarketWatch
Personal Finance
Will Glaxo (GSK) Q4 Earnings Recover From Coronavirus Woes?
GlaxoSmithKline plc GSK will report fourth-quarter 2020 results on Feb 3, before market open. In the last reported quarter, the company delivered earnings surprise of 17.95%. Shares of Glaxo have underperformed the industry in the past year. The stock has declined 19% against the industry’s increase of 6.3%. Glaxo’s earnings surpassed estimates in two of the trailing four quarters and missed the same twice, delivering beat of 8.2%, on average....
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