There is probably a lot of trash in the speculative boom currently taking hold of markets. But hidden amid the meme stocks, SPACs, and crypto coins could be some valuable businesses. “Somewhere in the hundreds of SPACs and scores of meme stocks are some decent companies and potentially even a few huge opportunities,” DataTrek’s Nicholas Colas wrote in a note this week. “For example: Hertz, which was supposed to be a retail investor graveyard, actually exited bankruptcy with its equity… Source link
Read More »Amazon, Reddit, Twitter and Twitch impacted by huge network outage
A huge internet outage has affected large swaths of the internet, including major sites like Amazon, Reddit, Twitter and Twitch, along with news sites including the New York Times and The Guardian. The source of the problem is the Fastly content delivery network (CDN), which has confirmed a global disruption. On its status page, Fastly said “we’re currently investigating potential impact to performance with our CDN services.” Other affected sites include Stack Overflow, GitHub, gov.uk,… Source link
Read More »Apple debuts iOS 15, bringing huge changes to the iPhone
Apple (AAPL) has unveiled the latest version of iOS, dubbed iOS 15. The company revealed the update on Monday during its virtual Worldwide Developers Conference 2021, or WWDC. The changes to the operating system that powers millions of iPhones around the world include new notification settings, improvements to Messages, changes to Photos, and more. Here are the biggest changes coming to your iPhone with iOS 15. Big changes to FaceTime The FaceTime app is getting an overhaul to make video… Source link
Read More »Ally Bank kills hated overdraft fees — a huge money-maker for banks
Ally Financial (ALLY), having tested a banking model without overdraft fees, is making it permanent. The move applies to all types of accounts — including checking and savings — and there are no requirements or restrictions. In April 2020, Ally began to waive overdraft fees, citing coronavirus pandemic hardships many customers faced. On June 2 Ally said it’s eliminating those fees for good. “Overdraft fees are a pain point for many consumers but are particularly onerous for some. It is… Source link
Read More »Huge Milestone for Practical Use of $eMax – Yahoo Finance
Bloomberg Amazon-MGM Slammed by Tech Foes on Likely Path to Approval (Bloomberg) — Amazon.com Inc.’s takeover of Metro-Goldwyn-Mayer is sparking fresh criticism about the spreading tentacles of America’s technology giants, but the deal underscores how competition watchdogs have their hands tied when it comes to curbing the companies’ growth.Critics of tech firms in Washington on Wednesday slammed the MGM deal as the latest example of how the industry’s biggest players snap up… Source link
Read More »Huge Demand of Mobility-as-a-Service Market by 2027
Get Sample Report Buy Complete Report Mobility-as-a-Service Market research is an intelligence report with meticulous efforts undertaken to study the right and valuable information. The data which has been looked upon is done considering both, the existing top players and the upcoming competitors. Business strategies of the key players and the new entering market industries are studied in detail. Well explained SWOT analysis, revenue share and contact information are shared in this… Source link
Read More »Biden’s climate plan depends on one huge change
When most people flip on a light, they don’t think about where the power comes from before it illuminates the room. But for President Biden’s climate plan to succeed, the United States is going to have to move a lot more electricity across much greater distances—and catch up with China in the process. Biden’s plan calls for eliminating greenhouse-gas emissions from the power sector by 2035, and from the entire economy by 2050. To encourage other nations to aggressively combat global… Source link
Read More »Despite Huge Cash Piles, Facebook, Amazon, Google Are Unlikely To Pay Out Dividends Anytime Soon, Say Analysts
Topline Three of the most dominant tech companies in the world — Facebook, Amazon and Google parent Alphabet — have never paid a dividend to shareholders, instead choosing to use their available capital to generate high growth through acquisitions and investing in internal businesses, but may be compelled to once they mature and growth slows. MARCH 25th 2021: Facebook CEO Mark Zuckerberg, Google (Alphabet Inc.) CEO Sundar Pichai and Twitter … [+] CEO Jack Dorsey testify before… Source link
Read More »Student loan forgiveness would be a ‘huge boost to our economy,’ Warren argues
Prominent Democrats continue to urge a skeptical President Biden to cancel $50,000 in federally held student loan debt via executive action (as opposed to legislation passed by Congress). In an interview with Yahoo Finance, Senator Elizabeth Warren (D-MA) explained why she and others believe that cancellation would have a stimulus-like effect on the U.S. economy. “It’s going to be a huge, huge boost to our economy,” Warren, who chairs the Subcommittee on Economic Policy at the Senate… Source link
Read More »Huge crash happens just 15 laps into 2021 Daytona 500
The 2021 Daytona 500 didn’t even make it 15 laps without a massive crash. Christopher Bell’s push of Aric Almirola took out a host of cars on lap 15 of Sunday’s race. The crash came less than five minutes before the race was red-flagged for lightning from thunderstorms approaching Daytona International Speedway. With the incoming rain, it made a ton of sense for drivers to patiently race before the inevitable rain delay. After all, the Daytona 500 is 200 laps. Instead, drivers were aggressive… Source link
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