Month: July 2022
Netflix only loses 970,000 subscribers in second quarter after warning of loss of 2 million
Fans gather at the Netflix booth at a trade show. Mike Blake | Reuters Netflix shares jumped 8% after the company said it lost fewer subscribers than anticipated during the second quarter. The company also said it aimed to unveil its lower-cost, ad-supported tier in early 2023. This comes on the heels of Netflix tapping […]
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Shares of cruise lines jump after CDC ends Covid-19 program
NEW YORK, US – JULY 10: An aerial view of the cruise ship “Norwegian Joy” sails up the Hudson River in front of the skyline of Manhattan as the sun sets in New York City, United States on July 10, 2022. Lokman Vural Elibol | Anadolu Agency | Getty Images Shares of cruise lines including […]
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Stocks making the biggest moves midday: IBM, Boeing, Hasbro, Ford & more
IBM CEO Arvind Krishna appears at a panel session at the World Economic Forum in Davos, Switzerland, on May 24, 2022. Hollie Adams | Bloomberg | Getty Images Check out the companies making headlines in midday trading Tuesday. IBM – Shares of IBM slipped 5.25% after the tech company warned of a potential $3.5 billion […]
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Investors have put $43 billion in dividend-paying funds this year. Before you ‘chase dividends,’ here’s what to know
With increased fears of a possible recession, investors seeking steady income may turn to stocks paying quarterly dividends, which are part of company profits sent back to investors. Historically, dividends have significantly contributed to an asset’s total return, sometimes providing a boost during economic downturns. From 1973 to 2021, companies paying dividends earned a 9.6% […]
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Google will once again test augmented reality glasses in public
Google AR glasses prototype Google Google will test augmented reality prototypes in public settings, the company said in a blog post on Tuesday. Some prototypes will look like normal glasses and will be equipped with microphones and cameras as well as transparent displays. The new glasses aren’t a product yet and aren’t available to the […]
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Trial for Trump rape defamation lawsuit by writer E. Jean Carroll set for February
E. Jean Carroll visits ‘Tell Me Everything’ with John Fugelsang in the SiriusXM Studios on July 11, 2019 in New York. Noam Galai | Getty Images The trial for a writer’s lawsuit claiming she was defamed by former President Donald Trump when he denied raping her is set to begin Feb. 6 in federal court […]
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CDC panel unanimously recommends Novavax Covid-19 vaccine for adults
In this photo illustration a silhouette of a man holding a medical syringe and a vial seen displayed in front of the Novavax logo on a screen. Cezary Kowalski | Lightrocket | Getty Images The Centers for Disease Control and Prevention’s independent advisors recommended Novavax’s two-dose Covid-19 vaccine as a primary series for adults on […]
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Google will let Android developers use rival payments systems in Europe
An Android statue is displayed in front of a building on the Google campus on January 31, 2022 in Mountain View, California. Google parent company Alphabet will report fourth quarter earnings on Tuesday after the closing bell. Justin Sullivan | Getty Images Google will let nongaming app developers use rival payments systems on its Android […]
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U.S. travelers go abroad in bigger numbers as foreigners curb travel here
CNBC’s Seema Mody reports on the stronger dollar’s impact on travel. Source
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These 10 stocks are expected to rally into the end of the year, Truist says
Truist came out with a spate of stock picks that could rally sharply in the back half of the year. A list of 65 high-conviction picks including Shake Shack and O’Reilly Automotive turned up after the firm searched for stocks that could post big gains heading into the year-end, even as they contend with greater […]
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