Alphabet shares in the postmarket after the quarterly report for the first time in history jumped above $2000

The company Alphabet (Google) after the end of regular trading on Tuesday published a report on the results of the 4th quarter of 2020, in which it reported sales above the expectations of Wall Street analysts, as spending on online advertising in the pre-holiday period was very high.



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Alphabet shares rose 1.4% to $1,919. 12 in the regular session on Tuesday. During the session, an absolute record peak of $ 1949.37 was reached. At the same time, in the extended session, as a reaction to the publication of the report, securities jumped more than 7% and for the first time in history rose above $ 2,000 per share.

Key points of the report for the 4th fiscal quarter:

Revenue, net of traffic acquisition costs, was $46.43 billion, while analysts ' consensus forecast was $44.16 billion.
Revenue from other projects $196 million, forecast $176.2 million
Company $ 56.90 billion, Forecast $ 53.54 billion
Earnings per share $22.30, forecast $15.58 (forecast range was $11.27 - $17.85)
Operating profit $15.65 billion, forecast $11.97 billion (forecast range was $9.05 billion - $13.88 billion)
Operating loss from other projects -$1.14 billion, forecast loss - $1.74 billion.
Operating margin of 28%, forecast 23,4%
YouTube advertising revenue rose 46% YoY to $6.9 billion, compared to a forecast of $6.2 billion.

Alphabet's management aims to diversify the company's revenue sources by focusing on the cloud segment. While Alphabet in the market of rental of computing power, data centers and software services is inferior to competitors in the face of Microsoft and Amazon. The cloud computing division posted an operating loss of $ 1.24 billion in the fourth quarter. This is a new indicator in the reporting. Some analysts assumed that the company would be able to show operating profit in this segment.

A selection of decisions to raise, downgrade and target the company, as well as new / updated coverage and recommendations that have been made by Wall Street analysts since the end of regular trading the previous day. The selection was made on February 5, 2021, based on information from Bloomberg.

Upward revision:

Alibaba ADRs (BABA) - Upgraded to " buy " | Northeast Securities; target $304.50
The Bank of Princeton (BPRN) — upgraded to " buy " a | B Riley Securities; the goal is $32
CMS Energy (CMS) — upgraded to "best market" | Credit Suisse; target $64
Canada Goose (GOOS CN) — updated to "buy" | Williams Trading; the goal of C$70
Canada Goose (GOOS CN) - upgraded to "neutral" | BTIG
Canada Goose (GOOS CN) - upgraded to "neutral" | Goldman
Corteva (CTVA) - Upgraded to "above market" | JPMorgan; target $51
DXC Technology (DXC) — Upgraded to "Best Market" | Wolfe; target $28
Foot Locker (FL) — updated to " buy " | Citi; target $60
Greenhill (GHL) - Upgraded to "Best Market" | JMP; $20 target
Infinity Pharma (INFI) — upgraded to "neutral" | JPMorgan
MSG Networks (MSGN) — Upgraded to "Best Market" | Macquarie; $20 target
Monolithic Power (MPWR) - updated to " buy " | Summit Insights
Plantronics Inc (PLT) — upgraded to "by market" / Morgan Stanley; target $31
Redfin (RDFN) — upgraded to "neutral" | Goldman; the purpose of the $ 78
Saputo (SPD SP) - upgraded to "better market" | Chibok; targets from$43
Starbucks (SBUX) - Upgraded to " buy " | Gordon Haskett; target $120
StoneCo (STNE) — upgraded to "best market" | Credit Suisse; $100 target
Teradata (TDC) - updated to " buy " | BofA; target $55
Zillow (ZG) - upgraded to " buy " | Goldman; target $200

Downward revision:

Air Prod & Chem (APD) - downgraded to "neutral" | Citi
Biogen (BIIB) - downgraded to "hold" | DZ Bank; target $264
Bruker (BRKR) - downgraded to "by market" | Wells Fargo; target $55
Canopy Growth (WEED CN) - downgraded to "neutral" | Piper Sandler; target C$34.65
Cognizant (CTSH) - downgraded to "hold" | HSBC; target $80
New Relic — NEWR) - downgraded to "market level" | Oppenheimer
New Relic — NEWR) - downgraded to "market level" | Raymond James
New York Community Bancorp (NYCB) — downgraded to "neutral" | UBS
Peloton (PTON) - downgraded to "market level" | Raymond James (report)
Twist Bioscience (TWST) - downgraded to "worse than the market" | JPMorgan; target $100

New recommendations:

Activision Blizzard (ATVI) - Set for "Better than the Market" | Raymond James
Arko-set for "active buy" / Raymond James; target $13
CareRx Corp (CRRX CN) - set at "buy" | Desjardins; target C$7.50
Conversion Lab (0813679DCN) - Set for" buy " / " in " Riley securities; target $35
Dick's Sporting (DKS) - set to "hold" / Gordon Haskett; target $70
Docebo (DCBO CN) - set at "better than the market" / ATB Capital; target C$85
Landsea Homes (LFACU) - set at "by market" / Barclays; target $11
Maverix Metals (MMX CN) — set to ' buy ' | devices; the goal of C$8
North American construction (NOA CN) — resumed at the level of "better than the market" | ATB Capital
Par technology (par) - meaning "better than the market" | William Blair
QuantumScape (CFR) - "Neutral level" | "Goldman" set; $42 target

Premarket. Anomalies are increasing

February started with a strong rise in the main stock markets of the world. The removal of overbought conditions and the achievement of significant technical support in the indices led to an increase in demand in risky assets.



Investors shrugged off even the risks of a reduction in the US fiscal program. According to the combination of factors, the positive dynamics in the European markets will continue on Tuesday.You can also find out more information from deltamarket broker, which has proven itself with good reviews.

Oil prices rushed to the highs of the year. Estimates of the dominance of the uptrend and the permanent weakness of futures contracts at the end of January were justified. On the side of buyers of commodity assets, there are risks of a shortage of raw materials due to the recovery of global demand and the discipline of members of the OPEC+ cartel to curb energy production.

Against such a favorable background, the Russian market looks weak. The discount factor is geopolitics. Market participants are not unreasonably afraid of further sanctions pressure from Western partners. Anomalies are increasing, and the yield spread of the Russian and US markets is expanding.

Asian markets

Investors in the Asia-Pacific region on Tuesday are consolidating Monday's success.

Chinese markets are up about half a percent, despite the rapid growth of their counterparts in the region and a strong rebound in US indices and morning futures. Previously, the stability of the Chinese stock market to global negative trends has been repeatedly noted, but on the return movement of global benchmarks, we have a rather restrained reaction from investors in China. Market participants live on an intra-country agenda.

Earlier, the Chinese yuan, a leading indicator of global trade risk, pointed to the fleeting weakness of equity markets. While the USD/CNY currency pair is below 6.5, downside players in risky assets can only be satisfied with limited corrections. The Chinese currency continues to move in the area of 3-year highs.

The Australian ASX is rising around 1.5%, driven by a high rebound in the US market, with which the Australian benchmark has historically had a good correlation. The Reserve Bank of the country maintains a soft monetary policy and supports the players for the increase.

The regulator left the funding rate at the previous minimum level of 0.1% per annum. The consequences of the coronacrisis determine the long-term nature of economic stimulus.

American sites

US indices soared by 0.8–2.6% yesterday. The high-tech Nasdaq was the leader. The broad-based S&P 500 index rose more than 1.5%, reversing Friday's weakness. The benchmark stock market rose by 3% from the reversal level of 3,660 p. indicated last week. Tuesday morning futures continue to rise to 3790 p. (+0.5%).

The recovery factor of the US stock market will support the buying mood in most markets around the world until the opening of the main US session. And there, investors will have to face a strong resistance of 3800 p.on the S&P 500.

The panic of investors against the background of a coordinated attack by private investors on the positions of hedge funds has somewhat subsided. The delay of US lawmakers in adopting the fiscal package of state support also seems to have reduced its significance. However, for now, we should consider the growth of the beginning of February as a technical rebound. The volatility is likely to make itself felt again.

The US currency, the US dollar, is now experiencing two positive exchange rate factors, moving away from the lows of the last three years, tested in early January 2021.

Firstly, market participants expect the country's macroeconomic indicators to continue to recover, and secondly, the issue of providing another portion of fiscal support to the US economy remains unresolved, which somewhat slows down the devaluation trend in the national currency. As a result, the US dollar index rebounded to 91 p.on the DXY. If the level drops, there will be room for maneuver by 92 p. This factor puts pressure on the currencies of developing economies.

Displaced tourism workers to get assistance

The Department of Tourism (DoT) and the Department of Labor and Employment (DoLE) have signed a memorandum that gives the tips for the cash help and cash-for-paintings software for displaced tourism workers.

In a assertion on Sunday, DoT said its joint memorandum circular 2020-001 with DoLE changed into signed via Tourism Secretary Bernadette Romulo-Puyat and Labor Secretary Silvestre Bello 3rd remaining October 30.


"Our tourism employees make up the existence guide gadget of the tourism industry. We are sincerely grateful to Secretary Bello and the DoLE for prioritizing our displaced tourism people. We likewise thank our legislators for the enactment of the Bayanihan 2 law with a view to permit us to assist our stakeholders regain economic strength giving renewed vigor to our enterprise and to our us of a. This economic assistance scheme and Cash-for-Work Program will show over again that our authorities stands firm with the human beings," Puyat was quoted as announcing, relating to the "Bayanihan to Heal as One Act."

Employees of DoT-permitted tourism enterprises and neighborhood authorities devices (LGU)-licensed number one tourism establishments that have retrenched or closed are eligible to apply for the coins-for-work software or avail of the P5,000 one-time financial help.
DoT said the amount may be from the P3-billion allocation for tourism employees said in Section 4 of Bayanihan 2.

Puyat said affected personnel of seven,951 DoT-approved and around 8,433 LGU-licensed tourism organizations will benefit from the application.

"With the joint effort and cooperation of the DoT and DoLE, we will paintings our first-rate to hold our tourism industry workforce across these tides," the Tourism leader brought.

The members of registered network-based totally tourism agencies are likewise qualified for the cash help and the cash-for-paintings application.


The joint memorandum additionally lays down pointers on how displaced DoT-approved and LGU-certified excursion guides can avail of the cash assistance.

Meanwhile, DoT said tourism employees and excursion publications who will now not meet the eligibility necessities stated inside the joint memorandum may nonetheless avail of the coins-for-work application underneath DoLE's Tulong Panghanapbuhay sa Ating Disadvantaged/Displaced Workers, and Covid-19 Adjustment Measures Program packages, as can be applicable, concern to its pointers. Covid-19 is the coronavirus ailment 2019.

LGUs urged to tap credit facility for devt

The Department of Finance (DoF) entreated nearby authorities units (LGUs) to avail of the untapped P300-billion credit score facility beneath the Land Bank of the Philippines to bankroll tasks that might help the Philippine economic system get over the impact of the coronavirus ailment 2019 (Covid-19) pandemic.


In a declaration on Monday, the DoF said that during the current Union of Local Authorities of the Philippines virtual meeting, Finance Secretary Carlos Dominguez 3rd disclosed that based on the branch's Bureau of Local Government Finance information, most effective round 35 percent to forty percent of LGUs within the country have availed of loans notwithstanding very affordable phrases of 10 years at an interest fee of four percentage to four.5 percent.

"I want to factor out that the actual borrowings of LGUs are a long way under their capability. They have only borrowed less than half," Dominguez said, similarly noting that around P170 billion to P180 billion loanable amount are nonetheless to be had for LGUs.

"There is a lot of ability, however there's no usage of that capability," Dominguez brought.
LGUs are considered low-danger debtors due to the fact they are able to pay for their loans with their annual inner sales allotment allocations from the country wide
authorities.
During the meeting, Dominguez additionally assured LGUs of persevered guide beneath Republic Act. 11469, or the "Bayanihan to Heal as One Act," to restart their respective neighborhood economies and groups.

He stated as an example the extension of the convey-over period of net losses in 2020 and 2021 from three to 5 years for companies that he said will allow micro, small and medium organizations (MSMEs) to deduct incurred losses from tax bills for a longer duration, accordingly giving them greater time to set their price range in order and go back to profitability.

Aside from this, Dominguez stated the infusion of extra capital to authorities financial establishments (GFIs) to amplify lending to MSMEs can have a large multiplier impact in economic hobby, he stated, for the reason that each peso pumped into GFIs will generate around 10 times its fee in credit score.

Dominguez at some stage in the assembly additionally thanked the nearby leader executives for the "worthwhile paintings" they were doing in preventing the Covid-19 pandemic and assured them of the country wide government's aid in supporting LGUs bounce back from this disaster.


"The national economy, in the end, is the sum of all our local economies. LGUs are at the frontline of serving inclined communities. You are also catalysts for constructing a new economic system even as we do all we will to deal with this international fitness emergency," Dominguez stated.

Carrying on the ‘Oca’ legacy with a smile

The sound of ringing laughter and cheerful banter flitted thru the door and beyond the corridor as I approached the assembly room of Amosup Seamen's Center in Cabildo Street, Intramuros. A careful peek inner discovered a small institution of human beings within the center of a lively communication while a few others hover about a small set, seeming to prepare for a video shoot.


The video cameras and lightings careworn me a chunk as I hesitatingly entered the room. The institution paused from their communique to show and look, make introductions, and acknowledge names. I became offered a drink, however it become no longer the possibility of espresso that stuck my interest. It was the sound of a grin if there is ever this sort of issue.

That changed into Dr. Conrado Oca, president of the Associated Marine Officers and Seamen's Union of the Philippines (AMOSUP). We should only see 1/2 of his face, the component no longer included with facemask, and nonetheless, everybody should discern out he's smiling as much as his brow. Everything approximately the man seemed to ooze with optimism and child-like glee, his words regularly paired with chuckles and quips.
None of my usually severe interview questions have been replied with out a little jest here and more than one laughs there. I even realise as I transcribe our short interview, that the verbal exchange turned into more often than not giggles and antics. In the midst of explaining the importance of Amosup's cutting-edge project with the International Maritime Employers Council (IMEC) and International Transport Workers Federation (ITF), Dr. Oca peppered the communique with witty comments approximately his supposed Keto diet and the ordinary-searching but seemingly secure facemask he is sporting.

Anyone who doesn't recognize the person could now not easily figure out, by just a glance, who he without a doubt is inside the maritime enterprise. Casual collared blouse, Crocs, barely messed up hair, and a heat charisma that seemed to grin at absolutely everyone close by.

Apart from being a clinical health practitioner with the aid of profession and the chief of the Philippine's largest seafarers' union, he is likewise the chairman of one of the country's ideal maritime colleges — the Maritime Academy of Asia and the Pacific (MAAP), whose curriculum was modeled after america Merchant Marine Academy. He is also the govt board member of the London-based ITF and a member of numerous different prominent maritime businesses.

Titles and ranks, however, outline so little approximately his individual. Dr. Oca turned into even incredulous when advised that he will be featured in the Profile phase of The Manila Times. He cheerfully brushed off questions about himself and opined that different human beings could describe him exceptional, all of the at the same time as hesitating whether he must deliver his curriculum vitae and giggling at the reputedly impossible concept of him being featured by using a each day.


"Dok loves to shaggy dog story round. He is the proverbial life of the birthday celebration together with his corny jokes however he has the uncanny ability to trap you flatfooted when you attempt to push aside him as someone who isn't as extreme as Captain Oca," Manila Times Maritime editor Carmela Huelar says, relating to the late Capt. Gregorio Oca, founder of AMOSUP and one of the pioneers and pillars of the Philippine maritime industry.

"It's unsettling whilst human beings assume he's joking however realize too overdue that he knows precisely what he is saying, a fact within the guise of a shaggy dog story," Huelar continued.

Indeed, the sort of shell of joy turned into momentarily cracked with the aid of the mention of his father's name.

When requested as to his experience of taking over his father's legacy, a fleeting silence took over Dr. Oca. He attempted to come up with something witty but ended up inquiring for a tissue to blot the looming tears. The guy did now not cry, even though. His voice simplest lost its standard sparkle and became changed by a quivering, quiet sound. He become  critical.

"It changed into difficult [stepping on his shoes]. He become an institution. Everybody knew him and he left so much legacy for all of us to carry on. I changed into fortunate to tackle his correct work and retain what he commenced," Dr. Oca said in a low voice.

"His endeavors are already established and solid. We are simply continuing from in which he left and from my component, it was a be counted of starting and strengthening relationships with his partners, colleagues, and personnel," he stated, referring to the time when he needed to introduce his style of leadership that, at the outset, isn't like that of his father's.

"When it comes to negotiating the welfare of seafarers, Capt. Oca never backed down. He was so continual. But behind that stern outdoors is a humorousness, a trait this is actually inherited through Dok," Huelar stated.

People agree that Dr. Oca tends greater to the diplomatic facet of management. This, but, is tinged with firmness on the subject of seafarers. "You ought to think of your objective when you are sitting across humans and negotiating, and that is the gainful employment and welfare of our seafarers," Dr. Oca stated.

As he in the end sat on the makeshift studio to begin with taping a message to seafarers as AMOSUP is likewise celebrating its 60th 12 months this month — his body of workers soaring about straightening his blouse and taming his hair — he resumed his old jolly self, guffawing at rehearsals or even greater in the course of shoots. The man may additionally have huge footwear to fill but he never misplaced his joy and passion.

And because the director referred to as "motion", Dr. Oca, sitting beside the stern-looking photo of his father, took on an similarly solemn expression and commenced handing over his message to the Filipino seafarers — sincere however with the uncanny sound of a grin.

PH manpower capital of the world – IMEC

It additionally took on the services of a 3rd-birthday celebration safety employer with a purpose to assist with the tracking of the quarantine section. Blockchain technology will also be used to render tamper-evidence test certificate that may be tested by using the local authorities of the receiving united states of america.

Meanwhile, AMOSUP will provide its authorities-accredited testing facility to method the tests.


IMEC CEO Francesco Gargiulo PHOTO FROM IMEC
"There are three largest nationality companies within the IMEC Membership — Manila, India, and Ukraine, which accounts for nearly eighty% of all seafarers employed on our participants' vessels. The demanding situations in India and Ukraine are plenty less in the interim, and the Philippines nonetheless bills for 50 percent of our team, subsequently, why we started out in Manila," says Francesco Gargiulo, leader executive officer of Imec.


Gargiulo added that the Manila-based facility is an ordeal that, once verified to be successful, may be extended to other seafarer supply giants inclusive of India and Ukraine.

"Our contemporary focus is making [this facility] a achievement and getting as many nations as feasible to advocate it which includes Singapore and Australia," Gargiulo stated.

Accommodation, food, and testing charges might be shouldered by means of the manning company of the seafarers at the same time as the encrypting of check consequences and quarantine certificate via block-chain generation may be placed below the IMEC-ITF provide.

"We are doing this for the gain of our members and the delivery enterprise at big, and spending plenty of cash within the process. All we want is for accurate employers to realize that cutting corners is what got us in the cutting-edge situation and that a reasonably-priced solution isn't always going to make things higher however as a substitute jeopardize the Philippines because the manpower supply of choice for our enterprise. Many individuals are already exploring alternatives [in place of Filipinos] and we are running hard to secure Filipino jobs," Gargiulo explainedThe Philippine Overseas Employment Administration (POEA) deployment numbers display a 12 months on 12 months decline of 240,000 between the first eight months of 2019 and the same period for 2020. "Some of that is because of Coronavirus ailment 2019 (Covid-19) pandemic and a few on the way the us of a treated it. The worry is that some of those jobs will no longer come lower back once the employers have moved somewhere else," he opined.

AMOSUP to procedure assessments in personal molecular lab

AMOSUP's newly constructed ninety-square meter molecular laboratory proved beneficial to IMEC and ITF's one-prevent-shop facility in Manila.

The Seamen's Hospital Molecular and PCR Laboratory became granted a cartridge-based license by using the Department of Health (Doh) and started running on September 1, 2020.

"The ITF Seafarers' Trust helped us construct the laboratory. It became intended to offer the union-run medical institution the potential to provide immediately outcomes for seafarers specially because testing for Covid-19 is crucial to make sure their unrestricted movement as key workers," AMOSUP president Conrado Oca, said.

"AMOSUP union employees will reveal the seafarers who might be examined after their quarantine length and earlier than they're transported for embarkation. The seafarers' samples may be processed by the Amosup Seamen's Hospital," he brought.

The union organization-housed approximately 1,000 seafarers for four months at the height of the Enhanced Community Quarantine (ECQ) when their employment programs and deployment techniques have been placed on keep because of lockdowns. Apart from the unfastened lodging on its Sailors' Home and Mariners' Home facilities, Amosup additionally supplied free each day sustenance, normal test-ups, and medicines to the seafarers it took below its wing.

"Seafarers have always been the invisible group of workers transferring crucial goods to make sure the global supply chain is unimpeded. But due to the Covid-19 pandemic, they were put in the highlight – their plights, however greater importantly, their significance to our state's financial system, and the world over. I hope each Filipino will take a moment to appreciate their noble paintings and sacrifice," he concluded.

Will you use free health care without insurance

Changes in access to primary health care will come into force on January 12. from now on, it also applies to those whose rights to benefits are not confirmed by the eurozone system. The same applies to patients who are "potentially eligible for health insurance benefits" but have not been notified.

Students will win

As the ministry emphasizes, the change is a solution to the problem of students who have turned 18 years old. they lost the right to benefits only because their parents did not report them to the insurance – and they had to get the status of a family member, giving the right to use the services of pos. The difficulty is that students need to combine their studies and work, but not everyone knows about the IT sphere,they do not trust it. with knowledge of online platforms, you can achieve a lot of things,like deltamarket.net . With a good reputation, it is guaranteed to provide information for those who do not have knowledge of online earnings.

In both cases, it was necessary to sign a statement of eligibility for benefits in order to receive medical care, which the NFZ had to verify. When it turned out that the patient was not insured, he had to cover medical expenses. In addition, doctors who wrote prescriptions returned to uninsured patients also suffered consequences. They faced a fine in the amount of the equivalent of compensation, together with interest. From now on, the fact of notification or disagreement with the patient ceases to be crucial. basically, this will take into account whether there are prerequisites for covering it with insurance. doctors, on the other hand, will not be held accountable for prescriptions issued to patients who make improper claims.

Both the former and the latter must receive medical advice based on the application for benefits submitted, and the costs of this service (and basic laboratory tests) must be covered by the nfz. Doctors will be able to write prescriptions for these patients, including for reimbursed medications. However, if a person who wants to implement such a prescription turns out to be uninsured,he will fully bear the cost of buying medicines at the pharmacy. The Ministry of Health promotes the reform with the slogan:"real action instead of a bureaucratic machine."

The doctors tone of optimism

Doctors associated with the zelenogorsk agreement, who referred to the amendments in the statement, are skeptical about the new rules:

Thus, it turns out that, despite the change in legislation, a patient who is not included in the insurance system can remain without access to POS.:

The next step of the Minister of health

Many point out that this is not the Government's latest proposal for primary health care. The Ministry of Health is the author of a draft law that regulates the issue of benefits offered under the pos. What does the project suggest in its current form? patients, as now, can benefit from the care of a "pos team" consisting of doctors, nurses and midwives. however, it is doubtful that the range of services available within pos has not been expanded in the project.