Tag Archives: drags

[unable to retrieve full-text content]Super Micro Computer stock crashes 23%, drags down AI darling Nvidia after it doesn’t preannounce earnings  Yahoo Finance Source link

Small caps have been all the rage on Wall Street over the past two months. In fact, according to Bank of America’s latest fund managers survey, investors haven’t been this bullish on small caps in almost three years. The survey conducted from Jan. 5-11 revealed investors see large-cap companies underperforming small-cap companies in the next 12 months for the first time since June 2021. A chart from Bank of America shows sentiment around large caps outperforming small caps has deteriorated in… Source link

With shipping delays mounting and cargo piling up at Los Angeles County ports, local officials are tightening the rules on , part of an effort to ease congestion of freighter ships anchored along Southern California’s coast. Beginning Nov. 1, carriers will be charged $100 per container, with the fee increasing $100 per container per day — but the fee will not be assessed until Nov. 15. Collected fees will be reinvested by the ports in programs to increase efficiency and address congestion,… Source link

Nearly a month after the U.S. Supreme Court designed to keep struggling tenants in their homes as COVID-19 surges anew, assistance is slowly going out to millions of people behind on their rent. More than $2.3 billion in federal emergency rental assistance went out in August to some 420,000 households, the most of any month to date since the money was made available, according to the Treasury Department. Despite the uptick in disbursements, however, millions are still living in fear of being… Source link

Stock market futures rose in Monday’s after-hours session, indicating Wall Street would open higher on Tuesday, after rising COVID-19 infections reasserted themselves and ricocheted across markets. During Monday’s session, major benchmarks suffered their worst declines of 2021, overwhelming quarterly earnings that have almost uniformly reflected a strong rebound. The rising case count driven by the Delta variant — a more communicable form of COVID-19 — pushed the Nasdaq and S&P 500 to… Source link

Microsoft President Brad Smith criticized top rivals Amazon Web Services and Google Friday for not publicly sharing what they know about the SolarWinds attack. Smith told House of Representatives members that the Redmond, Wash.-based software giant has published 32 blogs describing whatever Microsoft has observed and seen from the SolarWinds attackers during their campaign, while Google has published just one blog and Amazon hasn’t published anything. AWS admitted Thursday the… Source link

Google’s privacy standoff with Apple has lasted so long that even the company’s own apps are complaining about it. Since early December, Apple has required any iOS app to include a privacy “nutrition label”, listing all the ways the app uses personal data. Those labels, which are written by the app developers, range from short and sweet – the podcast app Overcast, for instance, lists six uses of personal data, from usage information for analytics to user IDs for the app’s sign-in… Source link