Technology
Amazon sinks after Walmart lowers profit outlook on inflation concerns
The front desk of the Amazon office is pictured in New York, May 1, 2019. Carlo Allegri | Reuters Shares of Amazon fell more than 4% in extended trading on Monday after Walmart said it was lowering its quarterly and full-year profit guidance. Walmart announced after the bell on Monday that it now expects adjusted […]
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Dan Niles dumps internet stocks ahead of an ‘ugly’ week of earnings
Hedge fund manager Dan Niles said Monday that he dumped a number of internet and megacap tech stocks going into earnings this week. “What you saw on Friday was really much worse results coming out of that market than anybody anticipated,” Niles said in a CNBC ” Closing Bell ” interview. “This is going to […]
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Chess-playing robot breaks young boy’s finger during match in Moscow
Chess-Playing Robot breaks finger of 7-year old boy in Moscow. Early Today | NBC News A chess-playing robot fractured the finger of its 7-year-old opponent during a tournament in Moscow last week. The incident happened after the boy hurried the artificial intelligence-powered robot, the president of the Moscow Chess Federation told the Russian state news agency Tass. “The robot broke […]
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Tesla is under scrutiny by the federal agency that enforces workplace civil rights laws
Signage is displayed on the Tesla Inc. assembly plant in Fremont, California, on Tuesday, Sept. 22, 2020. David Paul Morris | Bloomberg | Getty Images A federal agency responsible for enforcing civil rights laws against workplace discrimination issued a cause finding against electric vehicle makers Tesla in June, according to a financial filing out Monday. […]
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WWE hints at other probes into Vince McMahon’s alleged misconduct as it discloses $14.6 million in payments
LAS VEGAS, NEVADA – JULY 02: Vince McMahon, Stephanie McMahon and Triple H attend the UFC 276 event at T-Mobile Arena on July 02, 2022 in Las Vegas, Nevada. Jeff Bottari | Ufc | Getty Images World Wrestling Entertainment on Monday disclosed $14.6 million in previously unrecorded expenses paid personally by top shareholder Vince McMahon, […]
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National Football League’s new streaming service NFL+ launches at $4.99 per month
Ja’Marr Chase #1 of the Cincinnati Bengals makes a catch over Jalen Ramsey #5 of the Los Angeles Rams during Super Bowl LVI at SoFi Stadium on February 13, 2022 in Inglewood, California. Gregory Shamus | Getty Images The National Football League now has its own streaming service. Premiering Monday, the NFL is launching NFL+ […]
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High-end Apple Watch to reportedly introduce new design with bigger screen
Apple Watch Series 7 Todd Haselton | CNBC Apple is reportedly planning to debut a high-end Apple Watch with a larger screen and a new design, according to a Bloomberg report. Apple increased the screen size with the Series 7 watches last year, which offer an edge-to-edge screen that removes much of the border on […]
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Tesla gets second SEC subpoena over Musk’s 2018 go-private tweet
A Tesla service and sales center is shown in Vista, California, June 3, 2022. Mike Blake | Reuters Tesla on Monday disclosed it has received a second subpoena from the U.S. Securities and Exchange Commission over its Chief Executive Elon Musk’s tweets in 2018 about taking the electric automaker private. Tesla said in a filing […]
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Facebook’s stumbling ad business lies at the center of Big Tech earnings week
The logo of Meta Platforms is seen in Davos, Switzerland, May 22, 2022. Arnd Wiegmann | Reuters It’s earnings palooza week for Big Tech, with the four most valuable U.S. companies plus Meta all reporting quarterly results. Alphabet and Microsoft kick off the action on Tuesday, with Apple and Amazon wrapping things up on Thursday. […]
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Earnings playbook: The investing game plan as Apple and Alphabet lead the busiest week of the season
Brace yourselves. This upcoming week will be the busiest of the corporate earnings season, with more than 150 S & P 500 names set to report. Apple, Alphabet, Meta Platforms and McDonald’s are all among those on deck. The earnings season has been a mixed bag thus far. Roughly 21% of S & P 500 […]
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