In 2018, before Canadians successfully fought off plans from Google’s sister company Sidewalk Labs to develop Toronto’s waterfront “from the internet up,” a small group of activists halfway across the world also squared off with the tech giant over its development plans. Reporter Josh O’Kane tells the story from Berlin in his new book, Sideways: The City Google Couldn’t Buy: Read the full excerpt today on CityLab: When a Berlin Neighborhood Went to War With Google Source link
Read More »A Netflix bear is suddenly Wall Street’s biggest bull — here’s why
There’s a renewed bullish fever in Netflix (NFLX) stock following a better-than-feared third quarter and outlook as well as optimism around a major profit boost from the soon-to-launch ad-supported network. Netflix stock has surged 51% in the past six months, blowing away the 7% drop for the S&P 500. That fiery advance coupled with new fundamental drivers won over Wall Street’s biggest Netflix bear on Wednesday: Pivotal Research Analyst Jeff Wlodarczak. Wlodarczak aggressively hiked his… Source link
Read More »US Stocks Drop as Investors Mull Fed’s Path: Markets Wrap
(Bloomberg) — US stocks swung between gains and losses as investors parsed fresh economic data and disappointing earnings while mulling the Federal Reserve’s path after the Bank of Canada announced a smaller-than-expected rate hike. Most Read from Bloomberg The S&P 500 struggled for direction. The tech-heavy Nasdaq 100 pared losses that topped 2%. Treasuries rallied after data showed the US merchandise-trade deficit widening. Sales of new US homes fell in September, another indication that… Source link
Read More »Why Adidas has ‘really broken trust’ with consumers amid Kanye West fallout: Expert
After weeks of silence, Adidas (ADDYY) has officially cut ties with rapper Kanye “Ye” West following his antisemitic remarks— but is it too little, too late? Adidas “has really broken trust with their customers,” Angeli Gianchandani, practitioner in residence at the University of New Haven, told Yahoo Finance Live (video above), stressing that the German brand will now have to repair its reputation. “Being able to communicate immediately and getting in front of the crisis is important,” she… Source link
Read More »3 hot tickers on Yahoo Finance that are not Alphabet, Microsoft, or Spotify
Lackluster earnings and outlooks from Alphabet, Microsoft, and Spotify late Tuesday have cast clouds over an already nervous stock market. Alphabet and Microsoft both signaled a more watchful eye on expenses as the economic slowdown rages on. And Spotify — similar to Alphabet — called out economic-related weakness in the advertising market as one reason for its tepid results. All three household name tech stocks plunged on the downbeat commentary. They were also the most visited ticker… Source link
Read More »3 hot tickers on Yahoo Finance that are not Alphabet, Microsoft, or Spotify
Lackluster earnings and outlooks from Alphabet, Microsoft, and Spotify late Tuesday have cast clouds over an already nervous stock market. Alphabet and Microsoft both signaled a more watchful eye on expenses as the economic slowdown rages on. And Spotify — similar to Alphabet — called out economic-related weakness in the advertising market as one reason for its tepid results. All three household name tech stocks plunged on the downbeat commentary. They were also the most visited ticker… Source link
Read More »Meta prepares to report earnings amid ad revenue, cost-cutting pressures
Meta (META) is gearing up to report its third-quarter earnings after the closing bell on Wednesday. Here’s what Wall Street’s expecting from Facebook’s parent company, as compiled by Bloomberg: Revenue: $27.4 billion expected Earnings Per Share (EPS): $1.88 expected Facebook Daily Active Users (DAUs): 1.86 billion expected The digital advertising slowdown had been top-of-mind for Meta and Big Tech overall heading into this week’s earnings. On Tuesday, Google parent Alphabet (GOOG, GOOGL) reported… Source link
Read More »Butterfield Bermuda Championship Picks and Strategy
Butterfield Bermuda Championship Southampton, BermudaPort Royal Golf Course – Par 71 – 6,828 yardsField – 132 entrantsPurse – $6.5M The Preview When Seamus Power is the big man on campus, your campus probably isn’t very prestigious. He’s the lone representative from the top-50 in the Official World Golf Ranking this week in Bermuda, while a good chunk of the 132-man field is littered with names that would likely struggle to win a Korn Ferry Tour event in a full season. Nonetheless, the… Source link
Read More »Nasdaq powers rally, stocks rise for third straight session
U.S. stocks wavered Wednesday morning after reactions to weak earnings from Alphabet (GOOGL) and Microsoft (MSFT), raising concerns that slowing output could dent corporate profits in the coming months. The technology-heavy Nasdaq Composite (^IXIC) plummeted by as much as 2% in early trading. Both the S&P 500 (^GSPC) and the Dow Jones Industrial Average (^DJI) inched higher by 0.4% and 0.9%. Stocks have rallied of late, posting three straight days of gains. The Nasdaq jumped 2.3% in Tuesday… Source link
Read More »Brave 1.45 Stable out with Brave Translate improvements and more
Brave 1.45.113 Stable is now available. The new version of Brave Browser for the desktop is a massive list with a long list of improvements. Existing installations should be upgraded to the new version automatically. Brave users may speed up the process by loading brave://settings/help in the browser’s address bar, or by selecting Menu > Help > About Brave. New users may download Brave from the official website for installation on their devices. Brave 1.45 Brave 1.45 integrates the Copy… Source link
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