Month: July 2022
Stocks making the biggest moves midday: Uber, DoorDash, Coinbase and more
Uber Eats delivery Jonathan Raa | NurPhoto via Getty Images Check out the companies making headlines in midday trading. Uber, DoorDash – Shares of Uber slumped 4.6% and DoorDash fell 9% on news that Amazon agreed to take a stake in Grubhub in a deal that will give Prime subscribers a one-year membership to the […]
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The Federal Reserve hiked interest rates to combat inflation: Here’s what that means for you
The Federal Reserve recently raised interest rates by three-quarters of a percentage point, the most aggressive hike since 1994. This rise puts the key benchmark federal funds rate at a range between 1.5 and 1.75%. The Fed’s intention is to help combat inflation. Watch this video to find out what rising interest rates mean for […]
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Hulu is facing an existential crisis as Disney approaches a 2024 deadline to buy Comcast’s 33% stake
Signage is seen at the 2019 Deadline Contenders Hulu Reception at Paramount Theater on the Paramount Studios lot on April 07, 2019 in Hollywood, California. Rachel Murray | Getty Images Disney has a Hulu problem. In 2019, the entertainment giant struck an unusual agreement with Comcast. Two months earlier, Disney had acquired Fox’s 33% stake […]
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Apple introduces Lockdown Mode to protect iPhones from state-sponsored hacking
Apple CEO Tim Cook delivers a keynote during the European Union’s privacy conference at the EU Parliament in Brussels, Belgium October 24, 2018. Yves Herman | Reuters Apple announced a new feature for iPhones called Lockdown Mode on Wednesday to protect high-profile users such as politicians and activists against state-sponsored hackers. Lockdown Mode turns off […]
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Georgia DA won’t rule out subpoena for Trump in election interference investigation, says more allies will be called
President Donald Trump arrives to address the 74th session of the United Nations General Assembly at U.N. headquarters in New York, September 24, 2019. Carlo Allegri | Reuters A Georgia district attorney on Wednesday said she will not rule out subpoenaing former President Donald Trump as part of her grand jury investigation into whether he […]
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The school security industry is valued at $3.1 billion. Here’s why that may not be enough
After the high-profile mass shooting in Uvalde, Texas, where 19 students and two teachers were killed, many politicians who are opposed to stricter gun laws have been calling for “hardening” U.S. schools. President Joe Biden signed rare, bipartisan legislation to address gun violence late last month. The law provides $1 billion in funding for schools […]
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We’re taking some profits in a health winner but still see stock as right for this market
We’re making another trim in a stock that’s about $10 per share higher than our sale last week. Source
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Trump White House counsel Pat Cipollone set to testify before Jan. 6 committee on Friday
White House Counsel Pat Cipollone (R) waits for the beginning of a cabinet meeting in the East Room of the White House on May 19, 2020 in Washington, DC. Alex Wong | Getty Images Former President Donald Trump’s White House counsel Pat Cipollone is expected to testify on Friday before the House select committee investigating […]
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Sen. Lindsey Graham will challenge Georgia grand jury subpoena in Trump election interference probe
U.S. Senator Lindsey Graham (R-SC) speaks during the third day of Senate Judiciary Committee confirmation hearings on Judge Jackson’s nomination to the U.S. Supreme Court, on Capitol Hill in Washington, March 23, 2022. Kevin Lamarque | Reuters Republican Sen. Lindsey Graham of South Carolina will challenge a grand jury subpoena seeking his testimony as part […]
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Goldman says these two tech stocks have the most to lose in a deep recession
These two household tech names could get hit the most in the event of a deep recession, according to Goldman Sachs. Shares of Apple and Hewlett Packard Enterprise are both at greatest risk in a bear case scenario, according to a Tuesday note from the investment bank. Goldman Sachs, which is currently forecasting a mild […]
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