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Stocks making the biggest moves midday: Brinker International, Victoria’s Secret, Flutter Entertainment and more
Check out the companies making headlines in midday trading. Brinker International – The stock plummeted around 12% after the Chili’s parent issued a weaker-than-expected profit forecast for the full year and reported disappointing fiscal fourth-quarter earnings . The company posted adjusted earnings of $1.61 per share, below the StreetAccount consensus estimate of $1.72 per share. […]
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Google’s live demo of Gemini ramps up pressure on Apple as AI reaches smartphone users
During Google’s Pixel phone launch on Tuesday, a product director named David Citron took the stage to show off the mobile capabilities of the company’s new AI assistant, Gemini. Things got awkward right after the presenter told the audience, “all the demos today are live, by the way.” In front of a big crowd of […]
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Stocks making the biggest moves premarket: Kellanova, Alphabet, Flutter and more
Check out the companies making headlines in premarket trading. Kellanova — Shares rose more than 6% in the premarket after the foodmaker agreed to be acquired by snackmaker Mars for $83.50 per share in cash. The deal values Kellanova at about $36 billion and is expected to close in the first half of 2025. Alphabet […]
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Reddit’s increased reliance on Google traffic has Wall Street anxious to see if visitors sign up
The trading floor of the New York Stock Exchange prepares for the social media platform Reddit’s initial public offering in New York City on March 21, 2024. Spencer Platt | Getty Images For nearly a decade, Tom Wahlin’s popular travel gear site Pack Hacker ranked high in Google’s search results by publishing deeply researched product […]
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Instagram is failing to crack down on hate speech against women politicians as elections near, advocacy group says
Instagram has failed to remove toxic comments directed at Vice President Kamala Harris and other leading female politicians from its app as the 2024 election nears, according to research from the Center for Countering Digital Hate. The non-profit advocacy is analyzing large internet platforms to see if they’re properly monitoring their sites for hate speech. […]
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Google launches first AI-powered Android update and new Pixel 9 phones
Google announced its first smartphone fully powered by its AI “Gemini” system. Google on Tuesday announced new artificial intelligence features that are coming to Android devices. The move to bring its Gemini AI assistant to supported devices shows again how Google aims to put its AI in front of consumers before Apple, which will launch […]
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Tuesday’s big stock stories: What’s likely to move the market in the next trading session
Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., June 14, 2024. REUTERS/Brendan McDermid Brendan Mcdermid | Reuters Stocks @ Night is a daily newsletter delivered after hours, giving you a first look at tomorrow and last look at today. Sign up for free to receive it directly in […]
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‘We haven’t seen the bottom in this correction’: Dan Niles names 2 tech stocks to ride out a potential recession
Hedge fund manager Dan Niles is betting on Apple and Meta Platforms as two stocks that can ride out a potential U.S. recession. Niles, who runs an actively managed fund of 20 to 40 large-cap U.S. stocks at Niles Investment Management , stressed that while a recession is not his base case scenario, investors should […]
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Market sell-off won’t last for one key reason, CIO says: There’s no tech bubble to burst
Global markets are cautiously rebounding from an early-August rout — and one asset manager says there’s no need to fear a burst tech bubble causing a persistent downturn. Technology stocks were among the hardest-hit by the recent sell-off, as declines of 1.6% in July and more than 4% so far in August for Wall Street’s tech-dominated […]
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DirecTV is pushing its pay TV bundle — without a satellite dish
The “For the Birds” ad campaign for DirecTV emphasizes customers don’t need a satellite dish anymore for service. The pigeons are voiced by former NFL star Deion Sanders, and actors Steve Buscemi and Henry Winkler. Courtesy: DirecTV Coach Prime wants consumers to know they can watch DirecTV without a satellite dish. The company best known for […]
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