Day: December 11, 2024
Whoopi Goldberg aims to raise awareness about women’s sports with new network
Hollywood icon Whoopi Goldberg hopes her newly launched All Women’s Sports Network will bring more attention to women’s sports. Goldberg started the network with George Chung, co-founder of international media holding company Jungo TV. It’s the first global media channel dedicated exclusively to highlighting women’s sports and is available in the U.S. on the free […]
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Alphabet and Tesla reach fresh records, joining Amazon and Meta and pushing Nasdaq past 20,000
Tech stocks on display at the Nasdaq. Peter Kramer | CNBC Alphabet and Tesla climbed to fresh records on Wednesday, closing at all-time highs alongside Amazon and Meta as the tech megacaps lifted the Nasdaq past 20,000 for the first time. Tech’s seven trillion-dollar companies added roughly $416 billion in market cap for the day. […]
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How Alphabet’s unexpected quantum rally pushed the Nasdaq to new highs
The Nasdaq Composite crossed a closely followed mark for the first time ever on Wednesday. Investors can thank Alphabet ‘s breakout on the back of a quantum announcement. The tech-heavy index eclipsed the 20,000 level , while the more-concentrated Nasdaq 100 also touched all-time highs. One of the best performers within tech was the Google […]
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FBI Director Christopher Wray to resign before Trump takes office
FBI Director Christopher Wray walks into a secure information area ahead of a closed-door security meeting on Capitol Hill in Washington on Sept. 25, 2024. Tom Brenner | The Washington Post | Getty Images Federal Bureau of Investigation Director Christopher Wray announced Wednesday that he will resign by the end of the Biden administration next […]
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Facebook, Instagram and other Meta apps go down due to ‘technical issue’
Mark Zuckerberg, CEO of Meta Platforms, during the Meta Connect event in Menlo Park, California, on Sept. 25, 2024. David Paul Morris | Bloomberg | Getty Images Meta’s family of apps including Facebook and Instagram were down on Wednesday, resulting in users being unable to access the services. The widespread outages began around 9:57 a.m. […]
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Budget deficit swells in November, pushing fiscal 2025 shortfall 64% higher than a year ago
The US Treasury building in Washington, DC, US, on Tuesday, Aug. 15, 2023. Nathan Howard | Bloomberg | Getty Images The U.S. budget deficit swelled in November, putting fiscal 2025 already at a much faster pace than a year ago when the shortfall topped $1.8 trillion, the Treasury Department reported Wednesday. For the month, the […]
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Murder suspect Luigi Mangione’s notebook called ‘wack’ of CEO ‘targeted, precise’
A notebook found with Luigi Mangione contains a description of killing a CEO that matches details of his alleged murder of UnitedHealthcare’s CEO in New York last week, NBC News reported Wednesday. “What do you do?” a section of the notebook says. “You wack the CEO at the annual parasitic bean-counter convention,” the notebook says. […]
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The new hottest trade on Wall Street: Quantum computing stocks
Investors looking for the next big technology trend may want to keep an eye on quantum computing stocks. The group skyrocketed Tuesday after Google announced Willow , a chip it said “can reduce errors exponentially as we scale up using more qubits” and performed better than its 2019 predecessor. A qubit, or quantum bit, is […]
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Nike renews its contract with the NFL after league briefly courted other bidders
Nike football shoes are seen in a store in Krakow, Poland, on Aug. 29, 2024. Jakub Porzycki | Nurphoto | Getty Images Nike has renewed its partnership with the National Football League for another 10 years after the league briefly opened the bidding process to competitors and held talks with other companies. Under the terms […]
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Health care stocks fall as lawmakers, patients push for changes to their business models
UnitedHealth Group signage is displayed on a monitor on the floor of the New York Stock Exchange. Michael Nagle | Bloomberg | Getty Images Shares of major health-care companies fell as much as 5% on Wednesday as investors feared pressure from lawmakers and patients could force changes to their business models. The declining stocks include […]
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