Tag Archives: High

High prices weigh on consumer holiday spending: Yahoo/Maru poll

High prices weigh on consumer holiday spending: Yahoo/Maru poll

High prices mean Canadians are planning on spending less during the holiday season this year. (THE CANADIAN PRESS/Justin Tang) One in three Canadians say they will spend less over the holiday season this year, as high prices force them to scale back on shopping and gift giving, a new Yahoo/Maru Public Opinion poll has found. The survey of 1,522 Canadians released on Friday found that 30 per cent of respondents will be spending less over the holidays this year as inflation continues to force… Source link

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Netflix stock rides 7-month high amid ad tier rollout

Netflix stock rides 7-month high amid ad tier rollout

Netflix stock (NFLX) is at a 7-month high after three straight sessions of gains, buoyed by bullish investor sentiment surrounding the streaming platform’s newly launched ad-supported tier. Shares of the media giant, down roughly 50% since the start of the year, have climbed nearly 60% over the past six months. The stock rose about 3% in premarket trading on Tuesday. The ad plan, dubbed “Basic with Ads,” rolled out on November 3 with a price tag of $6.99 a month in the U.S. — just below… Source link

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Starbucks stock is popping after meeting ‘a high bar’

Starbucks stock is popping after meeting ‘a high bar’

Wall Street is sipping on Starbucks shares after a better than expected quarter sparked optimism on a broader rebound in the business next year. Starbucks stock gained 3% in premarket trading on Friday as fiscal fourth quarter sales, U.S. same store sales and profits handily beat analyst forecasts. The coffee giant had one of the Top 10 most visited ticker pages on Yahoo Finance ahead of the opening bell. On a call with analysts, execs stuck with upbeat guidance for earnings growth of 15% to… Source link

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Tesla China deliveries slip from record high despite price cuts

Tesla China deliveries slip from record high despite price cuts

Despite fresh price cuts in the region, Tesla sales in China tapered off in October. The China Passenger Car Association (CPCA) reported Tesla delivered 71,704 China-made Model 3 and Model Y vehicles in October, which was a 14% drop from September. Tesla’s September sales of 83,135 were an all-time high for Tesla in China, after the automaker upgraded its Shanghai Gigafactory this summer in order to boost production to over 750K vehicles a year. Despite the drop in Tesla deliveries, total… Source link

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Core US Inflation Rises to 40-Year High, Securing Big Fed Hike

Core US Inflation Rises to 40-Year High, Securing Big Fed Hike

(Bloomberg) — Sign up for the New Economy Daily newsletter, follow us @economics and subscribe to our podcast. Most Read from Bloomberg A closely watched measure of US consumer prices rose by more than forecast to a 40-year high in September, pressuring the Federal Reserve to raise interest rates even more aggressively to stamp out persistent inflation. The core consumer price index, which excludes food and energy, increased 6.6% from a year ago, the highest level since 1982, Labor Department… Source link

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Google Issues ‘High’ Priority Update For Chrome Browser Users

Google Issues ‘High’ Priority Update For Chrome Browser Users

Chrome browser users worldwide should perform an urgent update after Google reported six new ‘High’ threat security bugs. Google confirmed the news on its official Chrome blog, stating that the bugs affect Chrome on Windows, macOS and Linux. It has released Chrome 106.0.5249.119 to combat the threats. Google Chrome must be regularly updated to stay safe Google Google provided the following information about the six new Chrome vulnerabilities: High – CVE-2022-3445: Use after free… Source link

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Yandex.Taxi under investigation in Kazakhstan for establishing high prices

Yandex.Taxi under investigation in Kazakhstan for establishing high prices

Yandex.Taxi under investigation in Kazakhstan for establishing high prices AKIPRESS.COM – The Agency for the Protection and Development of Competition in Almaty is conducting an investigation in competition protection against Yandex Taxi.Corp LLP for establishing a monopoly high price. Such information was posted on the agency’s website on September 20. The establishment of a monopoly high price is prohibited by subparagraph 1 of Article 174 of the Entrepreneurial Code of… Source link

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