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Read More »Yearly Archives: 2021
Too Much Cash can be a Problem. Why Palantir Technologies (NYSE:PLTR) may want to Reinvest More Into Future Growth
This article was originally published on Simply Wall St News Palantir Technologies ( NYSE:PLTR ) shareholders have done very well over the last year, with the share price soaring by 136%. Even though the company is currently unprofitable, investors are putting a lot of faith in the growth and future value of Palantir. The company just won a US$823m contract from the U.S. Army , and we wanted to examine the cash capacity of the company to withstand expenses until reaching profitability. Thus,… Source link
Read More »Stock futures open slightly higher as investors eye debt ceiling developments
Stock futures opened slightly higher Wednesday after a choppy trading session, with investors closely monitoring developments in Congress as lawmakers raced to come to an agreement to avert a government default by mid-month. During the regular trading day, the three major equity averages had shaken off earlier losses after Senate Minority Leader Mitch McConnell offered Democratic lawmakers a deal to temporarily extend the government borrowing limit into December. Such a move would offer… Source link
Read More »Jury finds for Google against digital picture-frame patent claims
Google Nest Hub products don’t infringe Profectus Technology patent Relevant parts of patent are invalid, jury found Profectus previously lost cases against Apple, Samsung, others The company and law firm names shown above are generated automatically based on the text of the article. We are improving this feature as we continue to test and develop in beta. We welcome feedback, which you can provide using the feedback tab on the right of the page. (Reuters) – A jury in Waco, Texas found Wednesday… Source link
Read More »Why the case was ‘so important’
FREMONT, CA – SEPTEMBER 29: Tesla CEO Elon Musk speaks during an event to launch the new Tesla Model X Crossover SUV on September 29, 2015 in Fremont, California. (Photo by Justin Sullivan/Getty Images) A California jury’s $137 million verdict against Tesla (TSLA) in a racial discrimination case brought by a Black contract worker is notable for its size and because it was a rare employment grievance that played out in public court rather than in a closed-doors arbitration. “The verdict is… Source link
Read More »Voters have the answer for Democrats on spending
Democrats in Congress are arguing among themselves about whether to pass a massive spending bill, or merely a large one. They should listen to voters, who are pointing the way. A new Morning Consult poll asked voters what they think of the child tax credit Democrats expanded as part of the American Rescue Plan Congress passed in March. That law sharply increased the credit for most families with kids under 18, while also eliminating a work requirement for eligibility. Low-income families that… Source link
Read More »Facebook stock faces ‘serious problems’ from whistleblower: Analyst
Following Facebook (FB) whistleblower Frances Haugen’s testimony before the Senate Commerce Subcommittee on Consumer Protection and an outage that prevented users from accessing services, the company’s shares began trading around 3% lower from the previous week on Wednesday. According to Fitz-Gerald Group Chief Investment Officer Keith Fitz-Gerald, however, Facebook stock might not be as resilient as it has been amid other controversies. “[Fitz-Gerald Group is] very keen to invest in… Source link
Read More »People really hate these stocks right now
Concerns over commodities inflation and slowing consumption by shoppers has led to consumer staples stocks really being out of favor among investors right now. The share of consumer staples within the S&P 500 has plunged below 6% for only the second time in 30 years, according to a note from Sundial Capital Research. Researchers at Sundial say the decline reflects lagging stock prices and shrinking market caps among consumer staples, and more upbeat trading in other S&P 500 sectors. “So… Source link
Read More »Retail traders follow Nancy Pelosi’s stock moves to find winners
When in doubt, pick the same stocks that lawmakers’ spouses are buying? That’s what young investors are doing when it comes to trades made by House Speaker Nancy Pelosi’s husband, Paul Pelosi, a businessman who owns a real estate and venture capital firm. Though Nancy Pelosi herself doesn’t trade stocks, her husband does. And that’s enough for some social traders, who see his trades as hers. “We’ve been tracking their performance and every single stock she has bought in the last two years has… Source link
Read More »Yandex N : Releases New .Station Mini and .Module
Yandex has released a new version of its smart speaker Yandex.Station Mini and a streaming media player Yandex.Module. The smallest in a range of the company’s smart speakers with AI-based virtual assistant Alice now features a more powerful sound system and an LED screen. The media streamer, which is compatible with any TV, lets viewers choose from thousands of movies, TV series, internet videos and TV channels and watch them on their television screen. When used together,… Source link
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