Business
Restaurant operating hours are still shorter compared to 2019, report finds
Veselka is serves from its original location, which opened in 1954 in Manhattan’s East Village neighborhood. CNBC Make It It’s not just your imagination. Restaurants aren’t open as long as they used to be. Eateries have trimmed their weekly operating hours by 7.5%, or 6.4 hours, compared with pre-pandemic schedules, according to a new report […]
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Morgan Stanley downgrades Meta after earnings miss, says higher spending will hurt the stock
Meta’s latest quarterly earnings results should give investors pause, according to Morgan Stanley. Analyst Brian Nowak downgraded shares of Meta to equal weight from overweight and roughly halved his price target on the social media stock, citing higher capital expenditures and lower free cash flow from the company. “We see META’s $69bn of capex over […]
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Wall Street analysts are worried about Meta as it plans to spend even more money on the metaverse
Meta ‘s third-quarter results have Wall Street analysts split on the struggling tech stock. Shares of Meta plunged 23% in Thursday premarket trading after the social media company reported an earnings miss and issued a weaker-than-expected forecast for the fourth quarter. The tech stock is already down more than 60% year to date as the […]
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Omicron subvariants are resistant to key antibody treatments, putting people with weak immune systems at risk of Covid
Emerging omicron subvariants are resistant to key antibody treatments for HIV patients, kidney transplant recipients and other immunocompromised people, making them particularly vulnerable to Covid this winter, the White House warned this week. “With some of the new subvariants that are emerging, some of the main tools we’ve had to protect the immunocompromised like Evusheld […]
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Shares earning the biggest moves premarket: Meta, Ford, Honeywell, Caterpillar & additional
In this short article META CAT HON Adhere to your most loved stocksDevelop Absolutely free ACCOUNT A signal is found outside of the inaugural bodily retailer of Fb-owner Meta Platforms Inc in Burlingame, California, May possibly 4, 2022. Brittany Hosea-Smaller | Reuters Test out the providers making headlines before the bell. Meta — The social […]
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Southwest states vacation desire continue to robust, warns Boeing delays could continue on into 2024
A Southwest Airways Co. Boeing 737 passenger jet pushes again from a gate at Midway Intercontinental Airport (MDW) in Chicago, Illinois, U.S., on Monday, Oct. 11, 2021. Luke Sharrett | Bloomberg | Getty Photos Southwest Airways on Thursday joined other airways in forecasting that strong travel demand will continue on but warned that delays in […]
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Comcast tops expectations as it squeezes out a small gain in broadband subscribers
Comcast on Thursday reported third-quarter earnings that beat analyst estimates, despite seeing revenue slightly decline and continued softness in broadband customer growth. Shares jumped 8% in premarket trading. Here’s how Comcast did in the third quarter of 2022 compared with what Wall Street was anticipating, based on a survey of analysts by Refinitiv: Earnings per […]
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5 things to know before the stock market opens Thursday
Traders work on the floor of the New York Stock Exchange. NYSE Here are the most important news items that investors need to start their trading day: 1. Weathering a busy week Markets don’t look much clearer now that we’re over the hump in a busy earnings week. The three major indices had a mixed […]
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IEA says clean strength expense may perhaps exceed $2 trillion a 12 months by 2030 — but it truly is not adequate
Wind turbines photographed off the coast of Wales. Thoroughly clean vitality investment decision could be on system to exceed $2 trillion for every 12 months by 2030, according to the Global Electricity Company. Ben Birchall | PA Photos | Getty Photos Cleanse vitality investment could be on program to exceed $2 trillion for each calendar […]
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‘Unite or die’: The UK’s new prime minister scrambles to save the Conservative Party
U.K. Prime Minister Rishi Sunak appointed his cabinet to include members from across warring factions of the Conservative Party. Wpa Pool | Getty Images News | Getty Images LONDON — Britain has a new prime minister, Rishi Sunak, who, in his inaugural speech outside Downing Street, vowed to “unite” the country as it faces myriad […]
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