Day: July 30, 2024
Podcast: Samsung bets on the Galaxy Ring and AI as its next big thing
Samsung in July released the Galaxy Ring, the South Korean tech giant’s first foray into smart rings. The $399.99 device has sensors that can track various health metrics like sleep quality, linking up with Samsung’s smartphones and smartwatch. Along with its S24 series of smartphones, foldable devices, smartwatches and now the Galaxy Ring, Samsung is […]
Read More
S&P 500 futures are little changed as Wall Street awaits Fed decision: Live updates
Traders work on the floor of the New York Stock Exchange on July 22, 2024. Timothy A. Clary | AFP | Getty Images S&P 500 futures are near flat Tuesday night as investors parsed the latest earnings reports and readied for the Federal Reserve monetary policy decision coming Wednesday afternoon. Futures tied to the broad […]
Read More
Fundstrat’s Tom Lee makes another bold call, calling for big rally post-Fed
Fundstrat’s Tom Lee is out with his next eye-popping prediction — and it implies good news for the market in the coming days. In a Tuesday note to clients, the firm’s head of research said investors should “buy the fear” heading into the Federal Reserve’s interest rate policy announcement scheduled for Wednesday. Lee said there […]
Read More
Pinterest shares tumble nearly 15% on weak guidance
Bill Ready, CEO of Pinterest, rings the opening bell at New York Stock Exchange (NYSE) in New York City, U.S., May 15, 2024. Brendan McDermid | Reuters Pinterest shares sank about 15% when the company reported its second-quarter earnings on Tuesday and provided third-quarter guidance that was lower than analyst estimates. Here’s how the company […]
Read More
Stocks making the biggest moves after hours: Microsoft, Arista Networks, Advanced Micro Devices, Starbucks and more
Check out the companies making headlines in after-hours trading: Microsoft — Shares dropped 6% after the tech giant reported disappointing results out of its cloud business. That overshadowed beats on both lines for the fiscal fourth quarter. Advanced Micro Devices — The chipmaker jumped 5% as second-quarter results surpassed estimates. AMD posted adjusted earnings of […]
Read More
Patients on Alzheimer’s drug Leqembi see benefits over three years, Eisai study says
The newly FDA approved Alzheimer’s treatment Leqembi is prepared at Abington Neurological Associates in Abington, PA., on Tuesday, November 7, 2023. Hannah Yoon | The Washington Post | Getty Images The breakthrough Alzheimer’s drug Leqembi slowed disease progression in patients over three years, demonstrating the need for them to stay on the treatment long term, […]
Read More
AMD says data center sales more than doubled in a year
Lisa Su at the Keynote: Lisa Su in Conversation with Ryan Patel as part of SXSW 2024 Conference and Festivals held at the Austin Convention Center on March 11, 2024 in Austin, Texas. (Photo by Travis P. Ball/SXSW Conference & Festivals via Getty Images) Travis P. Ball | Sxsw Conference & Festivals | Getty Images […]
Read More
Top Biden advisor Anita Dunn will join pro-Harris super PAC
Anita Dunn, senior advisor to U.S. President Joe Biden, departs the White House in Washington, D.C., on Jan. 23, 2024. Drew Angerer | Getty Images Senior White House advisor Anita Dunn is leaving her post next week to guide a massive political action committee that is supporting Vice President Kamala Harris’ presidential campaign against former […]
Read More
Harris Atlanta rally will test her momentum on the ground in a key swing state
U.S. Vice President Kamala Harris delivers remarks at a campaign event in Pittsfield, Massachusetts, on July 27, 2024. Stephanie Scarbrough | Via Reuters A major campaign rally for Vice President Kamala Harris’ presidential run could draw a crowd of more than 10,000 people Tuesday night in Atlanta, stretching the limits of the Georgia State University […]
Read More
Microsoft tells employees it will hand out one-time cash awards of up to 25% of annual bonus
Satya Nadella, CEO of Microsoft Bernd Von Jutrczenka | picture alliance | Getty Images Microsoft said on Tuesday it will pay a one-time performance-based cash award of up to 25% of annual bonus to rank-and-file to employees. Salaried and hourly workers at the senior director level and below will be eligible for the award, Kathleen […]
Read More