Netflix stock closes at all-time high as investors praise earnings. But valuation concerns remain. - Yahoo Finance
Posted at 2024-10-23 00:00:00
Netflix (NFLX) stock closed at a record high just above $772 on Monday as the streamer continued to ride positive momentum from its better-than-expected quarterly results last week.
Netflix beat acr… [+4967 chars]
SAP Stock Climbs On Raised 2024 Cloud, Software Outlook - Investor's Business Daily
Posted at 2024-10-23 00:00:00
Enterprise software company SAP (SAP) reported third-quarter earnings and revenue that slightly beat estimates. SAP stock rose as the company raised its 2024 outlook for cloud computing and software … [+1847 chars]
Nvidia Stock Climbs to Fresh High as Analysts Grow More Bullish - Investopedia
Posted at 2024-10-23 00:00:00
- Nvidia shares closed at a fresh high Monday, just a week after the stock set its previous record.
- The gains came as analysts grew more bullish on stock, expecting it has further to ri… [+1115 chars]
End of an era for Kmart, Europe’s secret travel season, time limit on hugs: Catch up on the day’s stories - CNN
Posted at 2024-10-23 00:00:00
Editors Note: CNNs 5 Things newsletter is your one-stop shop for the latest headlines and fascinating stories to start and end your busy day. Sign up here.
Welcome to 5 Things PM! Catch flights, not… [+3622 chars]
A Lawsuit Against Perplexity Calls Out Fake News Hallucinations - WIRED
Posted at 2024-10-23 00:00:00
Perplexity did not respond to requests for comment.
In a statement emailed to WIRED, News Corp chief executive Robert Thomson compared Perplexity unfavorably to OpenAI. We applaud principled compani… [+2113 chars]
Disney to name CEO Bob Iger's replacement in 2026, taps Morgan Stanley's Gorman as chair - Reuters
Posted at 2024-10-23 00:00:00
AI's surge is sparking demand for an unexpected GE Vernova product - TheStreet
Posted at 2024-10-23 00:00:00
If you're excited about the growth of artificial intelligence, we have some electrifying news for you.
AI takes up a good chunk of the world’s energy — and it will be using even more in the coming y… [+6070 chars]
Researchers say Arkansas may have 19M tons of lithium critical for battery power - The Hill
Posted at 2024-10-23 00:00:00
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Researchers said in a recent article that Arkansas may have 19 million tons of lithium, which is used in rechargeable batteries for important products like phones and electric cars.
… [+1619 chars]
FTC's rule banning fake online reviews goes into effect - ABC News
Posted at 2024-10-23 00:00:00
WASHINGTON -- A federal rule banning fake online reviews is now in effect.
The Federal Trade Commission issued the rule in August banning the sale or purchase of online reviews. The rule, which wen… [+1127 chars]
Four Fed policymakers favor more rate cuts, but differ on pace - Reuters
Posted at 2024-10-23 00:00:00
Listeria recalls of frozen waffles and more products affect Costco, Target and Trader Joe’s - San Francisco Chronicle
Posted at 2024-10-23 00:00:00
TreeHouse Foods has initiated a voluntary recall of numerous frozen waffle products sold at major retailers including Target and Walmart, due to potential listeria contamination discovered during rou… [+5077 chars]
Brazil environmental disaster victims take case against mining giant BHP to UK court - The Associated Press
Posted at 2024-10-23 00:00:00
LONDON (AP) Victims of Brazils worst environmental disaster took their case for compensation to a UK court Monday, almost nine years after tons of toxic mining waste poured into a major waterway, kil… [+5458 chars]
Stock futures are little changed as earnings season gains steam: Live updates - CNBC
Posted at 2024-10-23 00:00:00
Stock futures were flat in overnight trading after the Dow Jones Industrial Average snapped a three-day winning streak.
Futures tied to the Dow edged down 37 points. S&P 500 futures inched lower… [+1600 chars]
Update: Shari’s Restaurants abruptly closes all Oregon locations - KTVZ
Posted at 2024-10-23 00:00:00
PORTLAND, Ore. (KGW/KTVZ) Sharis Restaurants abruptly closed all Oregon locations over the weekend. The Beaverton-based chain faced mounting financial problems, including eviction notices, unpaid bil… [+2500 chars]
This US Start-Up's Entire Board Of Directors Resigned On The Same Day, CEO Says... - NDTV
Posted at 2024-10-23 00:00:00
Ms Wojcicki and its board of directors had been at odds for months.
In a shocking move, the entire board of directors at a Francisco-based DNA testing company 23andMe resigned in September, followin… [+2957 chars]
GM raises 2024 earnings guidance after easily topping Wall Street's third-quarter expectations - CNBC
Posted at 2024-10-23 00:00:00
DETROIT General Motors easily outperformed Wall Street's third-quarter earnings expectations, leading the Detroit automaker in raising key guidance targets for 2024.
Here's how the company performed… [+3669 chars]
Boeing machinists to vote on offer on Wednesday, members claim 'not a done deal' - KOMO News
Posted at 2024-10-23 00:00:00
RENTON, Wash. The Boeing machinists union will vote Wednesday on a negotiated proposal to end a weeks-long strike, but skepticism remains.
On Monday, both on the picket line and behind closed doors,… [+4561 chars]
HSBC names Pam Kaur as first female CFO amid major restructuring - CNBC
Posted at 2024-10-23 00:00:00
HSBC on Tuesday named veteran insider Pam Kaur as its first female finance chief and announced a consolidation of the bank into four business units.
Kaur is set to assume her post on Jan. 1, accordi… [+1120 chars]
Stocks, Bonds Dip as Fed and Election Risks Weigh: Markets Wrap - Yahoo Finance
Posted at 2024-10-23 00:00:00
(Bloomberg) -- Treasuries steadied after Mondays selloff, while stock futures dipped as traders speculated over the path of US interest rates.
Most Read from Bloomberg
US futures retreated 0.2%, wi… [+4174 chars]
Celebrity jet-tracking accounts have vanished from Threads and Instagram - The Verge
Posted at 2024-10-23 00:00:00
Celebrity jet-tracking accounts have vanished from Threads and Instagram
Celebrity jet-tracking accounts have vanished from Threads and Instagram
/ The creator of @ElonJet says he received no expl… [+1826 chars]
McDonald’s releases a new $5 value meal to combat inflation - Yahoo Finance
Posted at 2024-06-21 00:00:00
If you click 'Accept all', we and our partners, including 237 who are part of the IAB Transparency & Consent Framework, will also store and/or access information on a device (in other words, use … [+678 chars]
Michael Saylor's MicroStrategy Acquires 11.9K More Bitcoin for $786M - CoinDesk
Posted at 2024-06-21 00:00:00
Nasdaq-listed software firm MicroStrategy (MSTR), the largest corporate holder of bitcoin (BTC), has acquired another 11,931 BTC for $786 million, according to a Thursday morning press release.
Led … [+1733 chars]
Homebuilder warns real estate market is becoming victim to its 'No. 1 killer' - Fox Business
Posted at 2024-06-21 00:00:00
Snap agrees to pay $15 million to settle gender discrimination lawsuit - The Verge
Posted at 2024-06-21 00:00:00
Snap agrees to pay $15 million to settle gender discrimination lawsuit
Snap agrees to pay $15 million to settle gender discrimination lawsuit
/ A lawsuit from Californias civil rights agency accus… [+2562 chars]
Exclusive: Biden to ban US sales of Kaspersky software over ties to Russia, source says - Reuters
Posted at 2024-06-21 00:00:00