Day: December 15, 2024
Stock futures are little changed as Wall Street gears up for potential Fed rate cut this week: Live updates
A trader works on the floor at the New York Stock Exchange on Dec. 2, 2024. Brendan Mcdermid | Reuters Stock futures were calm on Sunday evening, with Dow riding a seven-day losing streak into a week highlighted by a key central bank meeting. Futures tied to the Dow Jones Industrial Average ticked up 31 […]
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Morgan Stanley names 7 beneficiaries of Amazon AWS’ new Trainium 2 AI chip
Morgan Stanley has identified the companies that are set to benefit from Amazon ‘s launch of its new artificial intelligence chip. The Big Tech giant’s cloud computing division Amazon Web Services launched its Trainium 2 AI chip earlier this month. AWS hopes these chips will help it diversify away from Nvidia , its primary AI […]
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Memecoins like Fartcoin are riding Trump’s victory to huge valuations. Experts say it may have only begun
A laptop keyboard, Elon Musk post about DOGE on X displayed on a phone screen and representation of Dogecoin cryptocurrency are seen in this illustration. Jakub Porzycki | Nurphoto | Getty Images Yes, it’s called Fartcoin. Yes, it is totally useless. And yes, it has nevertheless tripled in value over the past week to a market […]
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Why the U.S. government is saying all citizens should use end-to-end encrypted messaging
Think twice before sending your next text message. Or better yet, make sure you are using an end-to-end encryption method. Consumers regularly use different types of messaging technology from the biggest technology companies including Apple, Alphabet and Meta Platforms, including iMessage, Google Messages, WhatsApp and SMS, but the level of protection varies. Now, the U.S. […]
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Amazon and the endangered future of the middle manager
Amazon CEO Andy Jassy speaks during a keynote address at AWS re:Invent 2024, a conference hosted by Amazon Web Services, at The Venetian Las Vegas on December 3, 2024 in Las Vegas, Nevada. Noah Berger | Getty Images Entertainment | Getty Images Amazon CEO Andy Jassy’s note sent this fall to employees about corporate culture drew […]
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How China’s satellite megaprojects are challenging Elon Musk’s Starlink
China faces a tall order in its efforts to catch up to Elon Musk’s SpaceX satellite service. SpaceX’s Starlink already has nearly 7,000 operational satellites in orbit and serves around 5 million customers in more than 100 countries, according to SpaceX. The service is meant to offer high-speed internet to customers in remote and underserved […]
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From growth to gone: GM’s Cruise robotaxi business is latest growth initiative to falter
A Cruise autonomous taxi in San Francisco, California, US, on Thursday Aug. 10, 2023. David Paul Morris | Bloomberg | Getty Images DETROIT — For years, General Motors CEO and Chair Mary Barra has promised a new future for the company, away from a stodgy metal-bending automaker into a tech-driven, forward-thinking company poised for growth. […]
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5 phrases the most mentally strong people use to spark happiness in hard times, from an expert
Do you smile every time you hear a specific song, or light up when you see a certain old friend? Those are both what I like to call happiness sparks. We need them now more than ever to thrive despite challenges, distractions, and overwhelming current events. Unfortunately, as I wrote in my recent book, “The […]
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Top Wall Street analysts believe in the long-term prospects of these stocks
Pavlo Gonchar | Lightrocket | Getty Images Amid concerns over elevated valuations in the U.S. stock market, there are several stocks that continue to look attractive based on the future growth potential they promise. To pick such stocks, investors can track the recommendations of Wall Street experts, who perform in-depth analysis to offer useful insights […]
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This real estate stock may have been unfairly hit by fears of DOGE’s spending cuts
Easterly Government Properties is already feeling the heat. Its stock is down 12% since the U.S. presidential election, as investors fear its business will take a big hit once the Department of Government Efficiency gets down to work. Trading under the stock symbol DEA, the company operates 100 government leases across the country, and 98% […]
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