June 22 was a great day for Alfi, Inc, a tech company in Miami Beach, Florida, which sells facial recognition advertising software. After going public in early May at $3.75 per share and dipping to a low of $2.41, the stock had risen above $16. On June 21, an article published on Yahoo! reported that Alfi’s stock was going “parabolic,” citing a bullish video interview… Source link

Press Releases 10/29/2021 Governor Lamont, Connecticut State Colleges and Universities, and Google Announce Google Career Certificates Are Now Available Across the Entire CSCU System Connecticut Is the First State in the U.S. to Offer the Full Suite of Google Career Certificates to Their Entire Community College and State University System (MIDDLETOWN, CT) – Governor Ned Lamont, Connecticut State Colleges and… Source link

Amazon (AMZN) posted third-quarter results and guidance that fell short of expectations, with Wall Street balking as the e-commerce giant forecasted billions of dollars in additional costs heading into the holiday shopping season.  The announcement sent Amazon shares tumbling immediately following the report. However, at least one analyst suggested Amazon’s heavy spending is yet another sign that the company is remaining laser-focused on investing for the future — even if it means giving… Source link

Citigroup (C) CEO Jane Fraser, who leads the third-largest U.S. bank, said in a new interview that she expects sluggish short-term growth in the Chinese economy as the country continues to bolster domestic consumption and taper its reliance on exports.  The bank approaches China with “caution” but remains bullish about the country’s role in global economic growth over the longterm, Fraser said. “I think it’s come off the boil for sure, but I think bubbling away too ferociously isn’t great… Source link

A key Democratic selling point of the new Build Back Better framework announced Thursday is that it’s fiscally responsible. “It’s fully paid for,” President Biden declared in a press briefing about the plan. “Over the next 10 years, it will not add to the deficit at all.” The White House summary of the bill goes even further and suggests the bill will actually reduce the deficit. On the spending side of the ledger, the president is pushing for $1.75 trillion in new spending offset… Source link

A few years ago, Google started offering a non-college certificate program to help teach basic IT skills to future workers. Now, the tech giant is working to make sure more people — including community college students — have access to the curriculum. Why it matters: The labor market has a big skills mismatch, with companies saying they can’t find enough qualified applicants, while plenty of job seekers struggle to find meaningful and lucrative work. Details: As part of the expansion,… Source link

Google and top Indian telecom network Jio Platforms said on Friday that their much-anticipated budget smartphone, JioPhone Next, will go on sale in the world’s second largest smartphone market on November 4 (coinciding with the big Indian festival of Diwali.) The firms said the JioPhone Next will cost 6,499 Indian rupees ($87), and can also be purchased in multiple instalments with an entry price as low as $27. The smartphone runs Pragati OS, which is powered by… Source link

Chinese visitors look at model residential apartment buildings at a house fair in Nanjing city, east Chinas Jiangsu province, 8 April 2008. Chinese government on October 22 stepped in to bolster the ailing real estate market by lowering transaction taxes, reducing down payments and lowering mortgage rates. But analysts said the measures may not hold back price corrections because the current prices have surged far out of reach of many buyers. The Ministry of Finance and the central bank… Source link

Facebook. Apple. Amazon. Netflix. Google. Five Big Tech giants known in investing circles simply as FAANG for years. That was until Mark Zuckerberg channeled his inner meta on Thursday.  The FAANG investing acronym was created in 2013 by Jim Cramer, the founder of TheStreet (full disclosure, my former boss who also created the term “Cloud Kings“). It was both catchy as hell and true to form for the companies it represented.  Think of a fang on a rabid dog and it’s not unlike all five tech… Source link

Yandex N.V. [NASDAQ: YNDX] gained 6.52% on the last trading session, reaching $83.10 price per share at the time. The company report on October 27, 2021 that Yandex Announces Third Quarter 2021 Financial Results. Yandex (NASDAQ and MOEX:YNDX), one of Europe’s largest internet companies and the leading search and ride-hailing provider in Russia, announced its unaudited financial results for the third quarter ended September 30, 2021. 3 Tiny Stocks Primed to Explode The… Source link