Tag Archives: doubled

The bottom of the bear market is still 10% away, Morgan Stanley Wealth Management says. And the odds of a recession have doubled, too

The bottom of the bear market is still 10% away, Morgan Stanley Wealth Management says. And the odds of a recession have doubled, too

The stock market is off to one of its worst starts ever this year, with the S&P 500 falling more than 20% year to date. It’s a rout that has left many investors wondering when they will be able to “buy the dip.” Morgan Stanley Wealth Management’s Lisa Shalett says don’t hold your breath. The chief investment officer believes stocks have more room to fall as many companies have yet to change their earnings forecasts after the Federal Reserve’s decision to increase the pace of its… Source link

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Could Google’s Carbon Emissions Have Effectively Doubled Overnight?

Could Google’s Carbon Emissions Have Effectively Doubled Overnight?

The temperature in parts of the Antarctic was seventy degrees Fahrenheit above normal in mid-March. Pakistan and India saw their hottest March and April in more than half a century, and the temperature in areas of the subcontinent is above a hundred and twenty degrees this week. Temperatures in Chicago last week topped those in Death Valley. But, on Tuesday, three nonprofit environmental groups jointly released a report containing a different set of numbers that appear to be nearly as scary…. Source link

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Elon Musk says we can’t let humankind end in ‘adult diapers’ and that the environment would be fine if we doubled our population

Elon Musk says we can’t let humankind end in ‘adult diapers’ and that the environment would be fine if we doubled our population

Elon Musk.Christophe Gateau/picture alliance via Getty Image Elon Musk argued for higher birth rates again, saying otherwise we will all “end up in adult diapers.” He claimed without evidence that the environment can support it “even if we doubled the size” of the global population. Experts have stated other factors causing birth rates to decline. Elon Musk argued on Monday that it’s “total nonsense” that people were not having have kids because it was bad for the environment, and made another… Source link

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Charlie Munger just doubled his bet on tech giant Alibaba to $71.5 million — try these 3 China plays instead to diversify your exposure

Charlie Munger just doubled his bet on tech giant Alibaba to $71.5 million — try these 3 China plays instead to diversify your exposure Warren Buffett is famous for getting “greedy when others are fearful.” And his right-hand man Charlie Munger isn’t opposed to going against the herd, either. Best known as Berkshire Hathaway’s vice chairman and Buffett’s long-time business partner, Munger also serves as the chairman of Daily Journal, a newspaper publisher with a sizable stock portfolio of… Source link

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VCs like Galaxy Digital nearly doubled their bets on crypto gaming this month

A visitor takes a photo in front of digital work “Untitled (Self-Portrait)” by Andy Warhol and digital artist Mike Winkelmann, known as Beeple, at the Digital Art Fair, in Hong Kong, China September 30, 2021. REUTERS/Tyrone Siu Since NBA Top Shots and artist Beeple’s digital collage that sold from Christie’s for $69 million this year, the NFT investing craze has only gotten hotter. Artists from Snoop Dog to singer-songwriter Grimes and rock band Kings of Leon made huge profits minting these… Source link

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Alphabet’s profit more than doubled last quarter as Google’s advertising business rebounded.

Google’s parent company, Alphabet, said on Tuesday that revenue in its most recent quarter increased sharply from the same period a year ago, boosted by strong demand for online advertising on its search results and YouTube videos and by continued growth at its cloud computing arm. Alphabet posted revenue of $55.31 billion, up 34 percent from a year earlier, and net profit more than doubled to $17.93 billion in the first quarter. It was the third straight quarter of record profit for the… Source link

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