What Numbers Matter When Looking at Tech Growth Stocks?

Lou Whiteman, The Motley Fool

When evaluating early-stage growth companies, financials matter but not always as much as you may think.

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  • Republicans built up QAnon backer Rep. Marjorie Taylor Greene, but now are they afraid of what they created?

    On the eve of President-elect Joe Biden’s inauguration, freshman Rep. Marjorie Taylor Greene, the combative Georgia Republican known for her association with QAnon, was back on Twitter after a 12-hour suspension, and back to making waves. 

  • Biden to sign 15 executive actions on Day One

    President-elect Joe Biden is expected to sign 15 executive actions upon taking office Wednesday, immediately reversing key Trump administration policies. Why it matters: The 15 actions — aimed at issues like climate change and immigration — mark more drastic immediate steps compared with the two day-one actions from Biden's four predecessors combined, according to incoming White House press secretary Jen Psaki.Get smarter, faster with the news CEOs, entrepreneurs and top politicians read. Sign up for Axios Newsletters here.What they're saying: The actions are the first of many, Psaki said in a news release, as Biden works "to address the four crises that he's laid out" — COVID-19, the economic crisis, racial injustice and climate change. * "In the coming days and weeks we will be announcing additional executive actions that confront these challenges and deliver on the President-elect's promises to the American people," Psaki said, "including revoking the ban on military service by transgender Americans, and reversing the Mexico City policy." Highlights * Moving to rejoin Paris Climate Agreement * Asking the Department of Education to extend student loan relief * An executive order to rescind Keystone XL pipeline permit * Rejoining the World Health Organization * Asking the CDC to "immediately" extend eviction restrictions * Reversing Trump's travel ban on several Muslim-majority countries * Temporarily halting oil and gas leasing in Arctic National Wildlife Refuge * An initiative on advancing racial equity in federal policymakingGo deeper: See the full listSupport safe, smart, sane journalism. Sign up for Axios Newsletters here.

  • Sasse Warns U.S. Not ‘Taking the Uyghur Genocide Seriously’

    Senator Ben Sasse (R., Neb.) warned on Tuesday that the U.S. is not taking China’s actions against Uyghur Muslims seriously enough. Secretary of State Mike Pompeo announced earlier in the day that the U.S. will classify China’s treatment of Uyghurs as a “genocide.” China operates a network of internment camps where over a million Uyghurs are imprisoned, and the Chinese government has implemented a program of forced sterilizations for Uyghur women. Sasse said that the genocide designation came “late,” and implied that both the Trump administration and incoming Biden team have not done enough to confront China. “This decision is good and right, but it’s late. The United States isn’t taking the Uyghur genocide seriously.” Sasse said in a statement. “A lot of folks in the Trump Administration wanted to talk about China primarily in terms of a trade deficit, and a lot of folks in the Biden Administration want to talk about China as merely a competitor.” Sasse added, “The Chinese Communist Party is a genocidal dictatorship and Chairman Xi [Jinping] is evil. The United States has an obligation to meet this challenge head on and take the side of the Uyghurs in Xinjiang who are raped and tortured.” China also reportedly uses Uyghurs and other Muslims for forced labor, including harvesting cotton in Xinjiang Province. U.S. Customs and Border Patrol banned the importation of cotton from Xinjiang last week. The province is the source of 20 percent of the world’s supply of raw cotton. Earlier on Tuesday, Biden’s nominee for Director of National Intelligence Avril Haines told senators that she supported an “aggressive” stance toward China. “Our approach to China has to evolve and essentially meet the reality of the particularly assertive and aggressive China that we see today,” Haines said. “I do support an aggressive stance, in a sense, to deal with the challenge that we are facing.”

  • 'The best is yet to come' -Trump in farewell address

    "I go from this majestic place with a loyal and joyful heart and optimistic spirit and a supreme confidence that for our country and for our children, the best is yet to come," Trump said. Trump has refused to offer a full concession to Biden, who won the Nov. 3 election with 306 Electoral College votes to Trump's 232. The outgoing president is not meeting with Biden before the Democrat's inauguration at 12:00 p.m. EST on Wednesday and instead plans to fly to Florida, where he is expected to reside after his White House term.

  • Trump ends term with ‘patriotic education’ report which makes excuses for slavery and calls anti-abortion movement ‘great reform’

    White House website says report is “rebuttal of reckless 're-education' attempts that seek to reframe American history around idea that United States is not an exceptional country but an evil one”

  • Boy Killed By Father After Vaccination Dispute in Heartbreaking Murder-Suicide in SF

    A boy who was killed in an alleged murder-suicide by his father has been identified as 9-year-old Pierce O’Loughlin. Family tragedy: The boy and his father, Stephen O'Loughlin, 49, were both found dead at their home on Scott Street, Marina District in San Francisco on Wednesday afternoon, SF Chronicle reports. The boy’s mother, Lesley Hu, asked authorities to check on her son after learning that he did not show up for school that day.

  • Trump issues last-minute order attempting to free his appointees from ethics commitments

    President Trump's last big batch of pardons will get most of the attention, but he also issued an executive order in his last few hours in office that seeks to free all current and former hires from the ethics agreements they signed to work in his administration. Trump revoked his January 2017 "Ethics Commitments by Executive Branch Appointees" order, the White House announced early Wednesday, so "employees and former employees subject to the commitments in Executive Order 13770 will not be subject to those commitments after noon January 20, 2021."Those commitments included not lobbying the federal agencies they served under for five years after leaving government. The executive order, Yashar Ali notes, was the backbone of Trump's "drain the swamp" pledge.> Forget about draining the swamp...President Trump just filled it up.> > He has revoked his own executive order (13770) which had the following provisions (among others). > > The drain the swamp stuff was all smoke and mirrors anyway but here's Trump walking back his own EO... pic.twitter.com/ZvuW0CwszQ> > — Yashar Ali (@yashar) January 20, 2021President-elect Joe Biden takes office at noon on Wednesday, and presumably he could just issue a new executive order reversing Trump's.Norm Eisen, "ethics czar" to former President Barack Obama, said in a Politico column Tuesday that Obama's clear ethics rules led to "arguably the most scandal-free presidency in memory," but "Trump greatly watered down the standards with scandalous results" and "Biden has done the opposite, restoring the Obama rules and expanding them."Biden's planned executive order, Eisen wrote, "restores the fundamentals of the Obama plan, closing loopholes Trump opened—but going further, including new crackdowns on special interest influence. If implemented rigorously (always a big if) Biden's plan promises to go further to 'drain the swamp' than either of his predecessors."More stories from theweek.com 5 more scathing cartoons about Trump's 2nd impeachment Lindsey Graham seemed very pleased with Biden's secretary of state nominee Trump's fascinating and bizarre final pardons

  • Honduran Migrant Traveling to U.S. Claims Biden Is ‘Going to Help All of Us’

    A Honduran migrant worker claimed that a migrant caravan was headed to the U.S. because incoming president Joe Biden would give migrants “100 days” to arrive at the country, in an interview with CNN. Biden may seek to enact a 100-day moratorium on deportations, however transition team officials have cautioned that the president-elect will not be able to overhaul immigration policy immediately upon taking office. Even so, a group of about 3,000 migrants from Honduras clashed with Guatemalan security forces on Sunday during their trek north to the U.S.-Mexico border. One migrant claimed the caravan was heading north because Biden had promised to help them, in a CNN interview later reposted by The Hill. Honduran migrant: President-elect Biden is "going to help all of us." pic.twitter.com/LkrVCsXcSb — The Hill (@thehill) January 18, 2021 “I just want patience and prayers that we can get to the U.S. because they [will] have a new president, Biden,” the migrant said. “He’s going to help all of us, he’s giving us 100 days to get to the U.S. and give us [legal] papers, so we can get a better life for our kids, and for our families.” Meanwhile, Guatemala deemed the attempted crossing illegal. “Guatemala’s message is loud and clear: These types of illegal mass movements will not be accepted, that’s why we are working together with the neighboring nations to address this as a regional issue,” the office of Guatemala’s president said in a statement on Sunday.

  • "It's extraordinary how frightened Putin is" of Navalny, Tony Blinken says

    Secretary of State nominee Tony Blinken said at a confirmation hearing on Tuesday that it was “extraordinary how frightened Vladimir Putin seems to be of one man” — Alexey Navalny.Why it matters: Russia’s most prominent opposition figure, Navalny, returned to Russia on Sunday and was swiftly arrested. He spent the previous five months recovering in Germany after being poisoned with the nerve agent Novichok. His detention poses an early foreign policy challenge for the Biden administration.Be smart: sign up FREE for the most influential newsletter in America.What he’s saying: Blinken told the Senate Foreign Relations Committee that Navalny served as a voice for millions of Russians, “and their voice needs to be heard in Russia.” * “The attempts to silence that voice by silencing Mr. Navalny is something that we strongly condemn,” Blinken added, noting that Navalny's arrest and other points of tension with Russia would be “very high on the agenda for an incoming administration.” * Incoming national security adviser Jake Sullivan previously called for Navalny's immediate release.The latest: Navalny was ordered to remain in pre-trial detention for 30 days. He was officially arrested for violating the conditions of a suspended prison term by missing an appointment in December.Worth noting: Blinken praised Sen. Mitt Romney, who serves on the committee, for being “prescient” on Russia. Romney was mocked for referring to Russia as America’s “number one geopolitical foe” in a 2012 presidential debate with Barack Obama, including by Obama himself.Go deeper: Bill Browder on Russia-U.S. relations after Alexei Navalny's arrestGet smarter, faster with the news CEOs, entrepreneurs and top politicians read. Sign up for Axios Newsletters here.

  • The Coolest New Automotive Technology at CES 2021

    Mercedes-Benz’s Hyperscreen, General Motors’ Bright Drop, and Jeep’s Electric Wrangler were among the unveils that turned headsOriginally Appeared on Architectural Digest

  • California sheriff's deputy, suspect dead following shootout

    A California sheriff’s deputy was killed and another deputy was wounded in a shootout with a suspect who gunned down a K-9 dog before he was fatally shot, authorities said. The gunbattle erupted in Sacramento near a racetrack at the Cal Expo event venue after a vehicle pursuit late Monday, Sacramento County Sheriff Scott Jones said. The deputy who died was identified as Adam Gibson, a six-year veteran of the department, Jones said.

  • Woman who 'took laptop' from Pelosi's office in Capitol riot 'planned to sell it to Russian spies'

    A woman identified as having taken part in the storming of the US Capitol is accused of stealing a laptop belonging to top Democrat Nancy Pelosi which she hoped to sell to a Russian spy agency, according to the FBI. There is no indication Riley June Williams, a 22-year-old careworker from Pennsylvania, took a laptop from Ms Pelosi's office. The FBI, which is working off a tip, said in the court record the "matter remains under investigation." The complaint, filed late Sunday in US District Court in Washington, sought the arrest of Williams on grounds including "violent entry and disorderly conduct on Capitol grounds." Relying on several photos and videos of the chaotic January 6 riot, an FBI agent said Williams was seen near the office of Ms Pelosi, US House Speaker. A witness, identified in the court document only as W1 but who claimed to be "the former romantic partner of Riley June Williams," alleged that Williams planned to send the laptop to a friend in Russia to sell it to the SVR foreign intelligence agency. That sale "fell through for unknown reasons, and Williams still has the computer device or destroyed it," the affidavit says.

  • Thousands of pro-Trump crowds have gathered since he took office. No state has had more than California

    Despite its reputation as a leader of resistance, California saw more pro-Trump crowds than any other state during the president's term in office.

  • ‘It’s unfortunate’: Ashley Biden confirms first lady snubbed her mother on traditional White House handover

    "I think we’re all OK with it,' says incoming first daughter in first ever TV interview

  • U.S. is "a long way" from return to Iran nuclear deal, Blinken says

    Secretary of State designate Tony Blinken said in his confirmation hearing on Tuesday that the Biden administration is "a long way" from executing its plan to return to the Iran nuclear deal, and plans to consult with Israel and the Gulf states before doing so.Why it matters: America's partners in the Middle East have been publicly raising their concerns about a possible return to the 2015 agreement and calling on the Biden administration to consult with them first.Support safe, smart, sane journalism. Sign up for Axios Newsletters here.The state of play: President-elect Biden's plan is to return to the deal, by lifting sanctions, if Iran returns to compliance with the restrictions on its nuclear program. In the next stage, Biden wants to negotiate a broader and longer-lasting agreement. * Blinken said those negotiations would include Iran’s missile program and regional activity.What they're saying: Blinken said Trump's withdrawal from the nuclear deal left Iran closer to obtaining a nuclear weapon because Tehran began to breach its terms. “Iran’s breakout time, which was a year under the nuclear deal, is only 3-4 months today," Blinken said in the hearing. * Yes, but: While Blinken stressed that the U.S. would live up to its commitments if Iran did, he said the new administration wouldn't rush back into the deal before assessing whether Iran was prepared to return to full compliance.Worth noting: Blinken said he “didn’t shed tears” about the killing of Iranian Quds Force commander Qassim Soleimani by the U.S. one year ago, but added that he believes it made America less safe.Go deeper: * Netanyahu aides fret that "Obama people" will shape Biden's Iran policy * Netanyahu may appoint envoy to Biden administration on Iran * Israel to push Biden to take it easy on Saudi Arabia, UAE and EgyptBe smart: sign up FREE for the most influential newsletter in America.

  • Tennessee state senator charged again in federal court

    Already facing allegations of stealing more than $600,000 in federal funds from a health care school she directed, a Tennessee state senator has been charged in a new fraud case, the U.S. attorney’s office in Memphis said Tuesday. Democrat Katrina Robinson and two other people have been charged in a complaint with conspiracy to commit wire fraud and money laundering, about six months after Robinson was indicted on federal charges that she used grant money earmarked for health care worker training to pay for her wedding and honeymoon, a Jeep Renegade for her daughter, her children’s snow cone business, and other things. In the case disclosed Tuesday, prosecutors said Brooke Boudreaux, an associate of Robinson, convinced someone to pay $14,470 in tuition to the school Robinson runs in Memphis on Boudreaux's behalf.

  • Trump administration issues last-minute Arctic refuge drilling leases

    The Trump administration said on Tuesday it had issued drilling leases on more than 400,000 acres (160,000 hectares) of Alaska's Arctic National Wildlife Refuge (ANWR), delivering on a promise to fossil-fuel proponents on President Donald Trump's last full day in office. Formal issuance of the leases by the U.S. Bureau of Land Management came a day before the inauguration of Democratic President-elect Joe Biden, who has pledged to protect the 19.6-million-acre (7.9-million-hectare) habitat for polar bears and caribou and to ban new oil and gas leasing on federal lands. Lease holders would still need to seek permits from the new administration before any wells could be drilled, among other challenges.

  • Biden administration 'to declassify report' into Khashoggi murder

    Decision would mean US could assign blame for death on to Saudi crown prince Mohammed bin Salman The Saudi crown prince, Mohammed bin Salman, left, with journalist Jamal Khashoggi in a scene from the recent documentary The Dissident. Photograph: AP The Biden administration will declassify an intelligence report into the murder by the Saudi government of journalist Jamal Khashoggi, according to Avril Haines, who has been nominated to serve as director of national intelligence. The decision means that the US is likely to officially assign blame for Khashoggi’s brutal murder to the kingdom’s de facto ruler, Crown Prince Mohammed bin Salman. Khashoggi, a Washington Post journalist and US resident who wrote critical columns about the Saudi crown prince, was murdered by Saudi agents inside the Saudi consulate in Turkey in October 2018. While media reports have said that the US intelligence community determined with a medium to high degree of confidence that Prince Mohammed ordered the killing, that assessment has never officially been stated. The crown prince has denied he ordered the murder. Since then, Khashoggi’s fiancee Hatice Cengiz and other human rights activists have called on Biden to release the classified report into the murder, saying that doing so was the first step towards seeking accountability. During Haines’s confirmation hearing on Tuesday, the Oregon senator Ron Wyden said that, if confirmed as the new DNI, she would have the opportunity to “immediately” turn the page on the “excessive secrecy” and “lawlessness” of the Trump administration, and submit an unclassified report on “who was responsible” for Khashoggi’s murder, as required under a February 2020 law that the Trump administration in effect blocked. Asked whether she would release the report, Haines replied: “Yes, senator, absolutely. We will follow the law.” In a statement, Wyden praised the move, saying it was “refreshing to hear a straightforward commitment to follow the law” from Haines. Biden's Director of National Intelligence nominee Avril Haines says, if confirmed, she will provide Congress with an unclassified report on the murder of Jamal Khashoggi. pic.twitter.com/ocPUsJUeti— NBC News (@NBCNews) January 19, 2021 Bruce Riedel, a former CIA analyst and director at the Brookings Institution, said: “It is a useful way to put the question of accountability for Khashoggi’s murder in the public domain early in the new administration.” One of the most outspoken advocates for justice for the murder, Agnès Callamard, also praised the move, saying the information would provide the “one essential missing piece of the puzzle of the execution of Jamal Khashoggi”. Callamard, the UN special rapporteur on extrajudicial killings, said she hoped other information would also come to light, such as any new details about the whereabouts of Khashoggi’s remains, and whether a risk assessment had ever been done by the US about whether Khashoggi was in danger before his trip to Turkey. Callamard, who will be named the new head of Amnesty International later this year, also pointed to other threats that have reportedly been lodged against human rights defenders and former Saudi officials in Canada and Norway by Prince Mohammed’s agents, who have been called a “death squad” in media reports. “At some point, if the US intelligence has information about those operatives, then I think they should really make that information publicly available,” Callamard said. The release of the Khashoggi report will also raise a host of new questions for both the US and Saudi Arabia. “If the document fingers MBS as responsible for the murder it will raise the question what is Biden going to do to hold him accountable?” said Riedel. During the 2020 election campaign, Biden issued scathing attacks against the crown prince, saying Saudi Arabia needed to be treated as “a pariah”. It is expected that the Biden administration would seek to curb weapon sales to Saudi Arabia, but it could also take more targeted actions against Prince Mohammed, including financial sanctions.

  • MyPillow CEO Mike Lindell says products were dropped from major retailers after voter fraud claims

    Election experts have uniformly declared that the 2020 election was conducted fairly.

  • Drug kingpins targeted in attempt to 'cut the head off the snake'

    Drug kingpins are to be targeted by the Government in a £148 million bid to “cut the head off the snake” and combat addiction in an operation dubbed “Project Adder". Boris Johnson announced that £68 million of the extra money will be used to take on county lines gangs which have grown into a £500 million criminal industry distributing illegal drugs from cities to suburban and rural towns throughout the UK. A further £80 million will be invested in drug treatment services to try to halt re-offending, and slash demand from addicts who are fuelling the gangs and the violence they use to stake out their territories. Part of the money will go to “Project Adder” – an acronym for Addiction, Diversion, Disruption, Enforcement and Recovery – which will direct money into policing and treatment in five drug blackspots. The Prime Minister said: “It is clear that drugs are a serious driver of the violence which devastates communities and robs young lives. That is why we must take action to cut off supply and cut the head off the snake by tackling the criminal gangs which exploit young people. “We must also help people to get off drugs in the first place and that is why we are launching Project Adder, a new, targeted approach which will ramp up local enforcement, while at the same time diverting more people into recovery, backed up by the largest investment in treatment in 15 years.” The cash injection follows a damning report by Prof Carole Black for the Home Office that warned the heroin and crack retail market has been transformed by county lines gangs driving increased violence and the exploitation of young people and vulnerable drug users. She also warned that funding for drug treatment had fallen dramatically in recent years and in some local authorities by as much as 40 per cent, denying many drug users the support they needed to escape their habit. Some £40 million of the new money will go to police and other law enforcement agencies to take down county lines gangs and drug kingpins. It brings the total invested to £65 million since November 2019. The Home Office said the funding had already seen more than 3,400 people arrested, more than 550 county lines closed, drugs with a street value of £9 million, and £1.5 million cash seized, and more than 770 vulnerable people safeguarded. The extra £28 million for Project Adder will run for three financial years in five areas with some of the highest rates of drug misuse: Blackpool, Hastings, Middlesbrough, Norwich and Swansea Bay.