What happened this week with GameStop (GME), Reddit and Robinhood was shocking, unprecedented and unforeseen. Lost in the flurry though is that the craziness is very much a part of some elephant-in-the-room trends in this country. I’ll explain what I mean in a moment, but first let me give you the bare bones of the story which includes everyone from Elon Musk to Congresswoman Alexandria Ocasio-Cortez, as well as hedge fund titans and the New York Mets. Here’s the precis: Over the past… Source link
Read More »The Big Story: What We FLoC About When We FLoC About Google
Australia takes on Google advertising dominance in latest Big Tech fight
SYDNEY (Reuters) – An Australian regulator is considering letting internet users choose what personal data companies like Google share with advertisers, as part of the country’s attempts to shatter the dominance of tech titans. FILE PHOTO: Smartphone with google app icon is seen in front of the displayed Australian flag in this illustration taken, January 22, 2021. REUTERS/Dado Ruvic/Illustration/File Photo The Australian Competition and Consumer Commission (ACCC) also proposed limiting the… Source link
Read More »Australia takes on Google advertising dominance in latest Big Tech fight
SYDNEY (Reuters) – An Australian regulator is considering letting internet users choose what personal data companies like Google share with advertisers, as part of the country’s attempts to shatter the dominance of tech titans. The Australian Competition and Consumer Commission (ACCC) also proposed limiting the internet giants’ ability to access users’ online histories to cross-sell products. The proposals were part of the ACCC’s interim report into digital advertising in Australia, a… Source link
Read More »Google should benefit big from bump in ads in 2021
Alphabet Inc.’s broad product portfolio should serve it well through mid-2021 despite a raging pandemic. For that reason, Wall Street analysts agree, the financial stars are aligning for Google’s parent GOOGL, -4.67% GOOG, -4.51%, scheduled to report fiscal fourth-quarter results on Tuesday. A projected bump in advertising factored into J.P. Morgan analyst Doug Anmuth’s projection of sizable jumps in 2021… Source link
Read More »There is ‘a big crisis right now’ for cybersecurity
Microsoft (MSFT) is officially a cybersecurity giant. For the first time on Tuesday, Microsoft disclosed revenue from its various security offerings as part of its quarterly earnings — $10 billion over the last 12 months. That amounts to a 40% year-over-year jump in the growing security business, making up roughly 7% of the company’s total revenue for the previous year. “We waited in some sense [until] this milestone to show the depth, the breadth, the span of what we are doing,”… Source link
Read More »Conor McGregor loss is a big loss for bettors
Conor McGregor is the biggest name in UFC, likely the most famous figure in the history of the sport. When he fights, he’s the headliner. Bettors act accordingly. An overwhelming amount of the money bet on UFC 257 was on McGregor. There were some bettors on Dustin Poirier at +270, including one large wager at BetMGM just before the fight. But most of the money was on McGregor as a heavy favorite. So much money came in on McGregor, he moved from a -190 favorite to -310, which is a massive… Source link
Read More »The next ‘big revolution’ is in the refrigerator
TipRanks Raymond James: 2 Big 7% Dividend Stocks to Buy Now Watching the markets with an eye to the main chance, Raymond James strategist Tavis McCourt sees both risk and opportunity in current market conditions. The opportunity, in his opinion, stems from the obvious factors: the Democrats won both Georgia Senate seats in the recent runoff vote, giving the incoming Biden Administration majority support in both Houses of Congress – and increasing the odds of meaningful fiscal support getting… Source link
Read More »Calvin Kattar looking to win big vs. Max Holloway
The last time it was this easy for Calvin Kattar was in 2008, when mixed martial arts made its debut on network television with a card headlined by the late Kimbo Slice on CBS. Kattar suffered his first professional defeat on that card at the Prudential Center in Newark, New Jersey, getting submitted by James Jones at 4:49 of the first round. Now, more than a dozen years later, it’s a very different Kattar who is now headlining the first UFC bout on network television in more than two years… Source link
Read More »Capitol Hill siege 'may be the beginning of the end of Big Tech': Scott Galloway – Yahoo Tech
TipRanks 3 “Strong Buy” Stocks with Over 9% Dividend Yield Markets ended 2020 on a high note, and have started 2021 on a bullish trajectory. All three major indexes have recently surged to all-time highs as investors seemingly looked beyond the pandemic and hoped for signs of a rapid recovery. Veteran strategist Edward Yardeni sees the economic recovery bringing its own slowdown with it. As the COVID vaccination program allows for further economic opening, with more people getting back to… Source link
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