Day: May 25, 2022
Nasdaq 100 futures fall slightly after chip giant Nvidia delivers light guidance
A trader works at the New York Stock Exchange NYSE in New York, the United States, May 18, 2022. Michael Nagle | Xinhua News Agency | Getty Images Stock futures were mixed on Wednesday evening as investors digested a disappointing update from Nvidia, an economic bellwether in the technology industry. Stock futures tied to the […]
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Biden moves to protect major Alaska watershed from mining
Humpaback whale in Bristol Bay, Alaska Enrique Aguirre Aves | Photodisc | Getty Images The Biden administration on Wednesday moved to ban the disposal of mining waste in Alaska’s Bristol Bay watershed, potentially halting the controversial Pebble Mine project that’s been disputed for more than a decade. If finalized, the proposal from the Environmental Protection […]
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Boeing’s Starliner capsule lands, completing a crucial step toward carrying NASA astronauts
Boeing’s Starliner capsule lands in White Sands, New Mexico on May 25, 2022 to complete the OFT-2 mission. NASA TV Boeing landed its uncrewed Starliner spacecraft in the New Mexico desert on Wednesday, completing a crucial test flight as the company prepares to carry astronauts. Starliner landed at the U.S. Army’s White Sands Missile Range, […]
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Feds say Twitter used contact info collected for security purposes to target ads
Musk would have been appointed to Twitter’s board on Saturday, but the world’s richest man informed the company on the day that he would not, in fact, be taking the board seat. Andrew Burton | Getty Images News | Getty Images Twitter reached a $150 million settlement with the Department of Justice and Federal Trade […]
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Amazon CEO Andy Jassy says he’s focused on returning to ‘healthy’ level of profitability
Amazon CEO Andy Jassy speaks during the GeekWire Summit in Seattle on Oct. 5, 2021. David Ryder | Bloomberg | Getty Images Amazon CEO Andy Jassy said the company is focused on returning to a “healthy level of profitability” after slowing retail sales and rising costs ate into its latest quarterly earnings. “We have effectively […]
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Snowflake stock falls as executives forecast a narrower margin than expected
Snowflake shares fell as much as 16% in extended trading on Wednesday after the data analytics software maker disappointed analysts by saying it doesn’t expect a positive adjusted operating margin for the current quarter. Here’s how the company did: Earnings: Loss of 53 cents per share Revenue: $422.4 million, vs. $412.8 million as expected by […]
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Nvidia stock falls on light guidance, CFO says company will slow hiring
In this photo illustration the stock trading graph of Nvidia Corporation seen on a smartphone screen. Rafael Henrique | Sopa Images | Lightrocket | Getty Images Nvidia will slow down its hiring pace and control expenses as the company deals with a challenging macroeconomic environment, its CFO Colette Kress said after the company reported fiscal […]
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Twitter jumps after Musk increases commitment in takeover bid to $33.5 billion, in talks for other funding
Elon Musk, during an event at SpaceX headquarters in Hawthorne, California, U.S., on Thursday, Oct. 10, 2019. Bloomberg /Getty A new filing reveals that Elon Musk plans to front $33.5 billion in his bid to take over Twitter. Musk is in talks with Twitter founder and former CEO Jack Dorsey and others to help finance, […]
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National Rifle Association says ‘our deepest sympathies’ are with families and victims of Uvalde, Texas school massacre
NRA, National Rifle Association, sign promotes membership of NRA, Texas. Joe Sohm | Visions Of America | Universal Images Group | Getty Images The National Rifle Association on Wednesday said its “deepest sympathies” are with the families and victims of the Uvalde, Texas, elementary school massacre — the latest in a series of mass shootings […]
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Elon Musk backs ‘tight’ background checks for all gun sales in wake of mass shooting in Texas
Elon Musk speaks on stage during the Westworld Featured Session during SXSW at Austin Convention Center on March 10, 2018 in Austin, Texas. FilmMagic | HBO | Getty Images Tesla and SpaceX CEO Elon Musk called for “tight” background checks for all gun purchases while also backing gun ownership as a “safeguard” against political tyranny — a […]
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