Chipotle said it’s maxed out the total number of followers it can have on the latest app gaining popularity, BeReal. “That’s something that has just really taken off lately, my understanding is we’ve maxed out all our followers,” on the social media app, CEO Brian Niccol said at the Yahoo Finance All Markets Summit.”We have to continue to figure out how we evolve that platform.” Yahoo Finance reached out to BeReal for comment, but the company was not able to provide clarity about just how many… Source link
Read More »Latinx and Hispanic entrepreneurs discuss how they’ve found success at In The Know by Yahoo’s live event
For the second year in a row, In The Know by Yahoo hosted a live panel of Latinx and Hispanic business founders in celebration of Latinx Heritage Month. The sold-out show, which took place at Mexican hot spot Cosme, was moderated by In The Know’s beauty producer Lisa Azcona. The night’s speakers — which included Lyana Blount, the CEO of Black Rican Vegan; Adriana Carrig, the founder of Little Words Project; and Brandon Pena, the CEO of 787 coffee — all shared insights into how… Source link
Read More »Analyst details Walmart’s path to streaming success
Walmart (WMT) is weighing bundling a streaming service into its Walmart+ membership program. According to The New York Times, the big box retailer met with executives from Paramount (Paramount+, Showtime), Disney (Disney+, Hulu and ESPN+), and Comcast (Peacock) to discuss potential partnerships. In a statement provided to Yahoo Finance, Walmart said it would “not be commenting on speculation.” Nevertheless, the move would be a strategic shift as the company looks to forge ahead in the retail… Source link
Read More »EFCC nabs clerics in hotel to pray for Yahoo-Yahoo boys’ cybercrime success
The Economic and Financial Crimes Commission (EFCC) has arrested seven suspected internet fraudsters in Ilorin. On Saturday, a statement signed by the EFCC spokesperson, Wilson Uwujaren, said the seven suspects were arrested at a hotel close to a popular mall in Ilorin. He said among the suspects were two clerics and a serving corps member. The EFCC spokesperson said preliminary investigations revealed that the two clerics were hired and lodged in the hotel to offer… Source link
Read More »With 1 Sentence, Google’s CEO Just Gave the Best Explanation of Success I’ve Heard Yet
On Tuesday, Google announced its earnings for the final quarter of 2021. Like many of its tech brethren, it was a very good quarter. Google reported record revenue of $75 million, most of which came from the company’s advertising business. In fact, Google’s advertising business is so good that the company loses money on everything else, but still managed to post one of the most profitable quarters of any company, ever. For the three months ending in December, Google made almost $21 billion… Source link
Read More »Netflix has ‘long runway ahead’ after ‘Squid Game’ success; Chappelle headwinds loom
Netflix’s (NFLX) Q3 subscriber growth estimates topped expectations following a slow start to the year — but there could be still be trouble looming for the streaming platform as controversies flare. Net subscriber additions totaled 4.38 million versus the 3.72 million expected. This represented a significant rebound from the second quarter, when just 1.5 million new paying users joined the streaming service. A particularly strong content slate helped fuel subscriber momentum, but not even… Source link
Read More »Merck COVID-19 pill success slams Moderna shares, shakes up healthcare sector
By Lewis Krauskopf and Manojna Maddipatla (Reuters) – Positive clinical trial results for Merck & Co’s experimental antiviral COVID-19 pill reverberated through the healthcare sector on Friday, sending the drugmaker’s stock price soaring while denting high-flying shares of vaccine companies and makers of other coronavirus therapies. Merck shares jumped as much as 12.3% and hit their highest level since February 2020 after data showed the company’s pill molnupiravir… Source link
Read More »Why Apple and Google’s Virus Alert Apps Had Limited Success
Sarah Cavey, a real estate agent in Denver, was thrilled last fall when Colorado introduced an app to warn people of possible coronavirus exposures. Based on software from Apple and Google, the state’s smartphone app uses Bluetooth signals to detect users who come into close contact. If a user later tests positive, the person can anonymously notify other app users whom the person may have crossed paths with in restaurants, on trains or elsewhere. Ms. Cavey immediately downloaded the app. But… Source link
Read More »Bitcoin’s Success Is ‘Disgusting’: Berkshire’s Charlie Munger
Bloomberg Buffett’s Berkshire Gets More Cautious on Stocks and Buybacks (Bloomberg) — Warren Buffett’s capital-deployment machine pulled back on several fronts at the start of the year as the billionaire took a more cautious stance on stocks.Berkshire Hathaway Inc.’s net stock sales in the first quarter were the second-highest in almost five years and the conglomerate, where the billionaire is chief executive officer, slowed its buyback pace, according to a regulatory filing Saturday…. Source link
Read More »Warren Buffett’s investing success depends on these two traits: Portfolio manager
TipRanks Raymond James: These 3 Stocks Have Over 100% Upside on the Horizon We’re now in the heart of earnings season, and investors are paying close attention as companies report their financial results from the first quarter of 2021. It’s a routine, in some ways, but in others, there has never been an earnings season quite like this. It’s the first one post-pandemic, but perhaps more importantly, the results are coming out during a time of nearly unprecedented government stimulus… Source link
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