The White House this week released data showing the number of student borrowers in each state who applied for or were automatically eligible for President Joe Biden’s student loan forgiveness plan. More than 26 million people applied for cancellation in the few weeks the loan forgiveness application was available. Over 16 million of those applications were fully approved by the Education Department (ED) before it stopped accepting applications because of lawsuits. Overall, more than 40… Source link
Read More »Biden says almost 22 million borrowers already applied for student loan relief
President Joe Biden on Friday offered an update on the launch of his administration’s student loan forgiveness efforts, announcing that in just under a week, nearly 22 million people applied online. “In less than a week, close to 22 million people have already given us the information,” Biden said during a visit to Delaware State University. “It takes less than five minutes.” The beta version of the application for up to $20,000 in loan forgiveness launched on Oct. 15 followed by the… Source link
Read More »Applied Materials, Digital World Acquisition and more
Digital World Acquisition Corp (DWAC): Shares of DWAC, the SPAC that plans to merge with former President Trump’s social media company, rose 8% in extended trading following reports that Google is adding Truth Social to its Google Play Store. Applied Materials (AMAT): The chip manufacturer lowered its earnings forecast for the fourth quarter, in part due to the new export curbs announced by the Biden administration. Applied Materials now expects fourth-quarter adjusted earnings per share of… Source link
Read More »Bed Bath & Beyond, Applied Materials, Weber and more
Top trending tickers in after-hours trading: Applied Materials (AMAT): The semiconductor equipment maker issued bullish guidance despite supply-chain challenges, sending shares higher in after hours. AMAT forecasted fourth-quarter revenue of $6.65 billion, above the Street’s estimates. In the earnings release, CEO and President Gary Dickerson noted “We feel confident in our ability to navigate macroeconomic headwinds and remain very positive about the long-term strength of the… Source link
Read More »Comparing Applied Blockchain (OTCMKTS:APLD) and Yandex (NASDAQ:YNDX)
Yandex (NASDAQ:YNDX – Get Rating) and Applied Blockchain (OTCMKTS:APLD – Get Rating) are both computer and technology companies, but which is the better business? We will compare the two companies based on the strength of their valuation, dividends, profitability, institutional ownership, risk, analyst recommendations and earnings. Insider & Institutional Ownership 66.8% of Yandex shares are owned by institutional investors. Comparatively, 2.7% of Applied… Source link
Read More »Goldman hires Google exec to co-head applied innovation unit – memo
NEW YORK, July 12 (Reuters) – Goldman Sachs has hired Jared Cohen, who founded technology incubator Jigsaw at Google, to co-head its newly created applied innovation unit, an internal memo showed, as the Wall Street powerhouse invests in technology expertise. Cohen, who also served as advisor to Google’s CEO Eric Schmidt in the past, will co-head the new Goldman unit with George Lee, the memo said, whose contents were confirmed by the bank’s spokesperson. “The Office of Applied Innovation will… Source link
Read More »Which of Google’s 17 Recommendations Should Be Applied Automatically
Google Ads recently announced that advertisers can start automatically accepting recommendations for their ads accounts. And no, they’re not asking for a blank check. They aren’t offering to automatically raise budgets, either. Setting our skepticism aside, let’s take a look at the 17 optimizations included in this update and whether any of them are safe enough to accept automatically. Spoiler alert: Some (but not all) of the recommendations are quite good and putting them on autopilot… Source link
Read More »Former Google CEO Eric Schmidt has applied to become a citizen of Cyprus
The former CEO of Google, Eric Schmidt, is finalizing a plan to become a citizen of the island of Cyprus, Recode has learned, becoming one of the highest-profile Americans to take advantage of one of the world’s most controversial “passport-for-sale” programs. Schmidt, one of America’s wealthiest people, and his family have won approval to become citizens of the Mediterranean nation, according to a previously unreported notice in a Cypriot publication in October. While it is not… Source link
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