Tag Archives: time

Supreme Court upholds Obamacare for a third time — here is what was at stake

The Supreme Court on Thursday released its highly anticipated decision on a challenge to the Affordable Care Act (ACA), also known as Obamacare. By a 7-2 vote, the court rejected the Republican-led challenge to the law.  Justice Stephen Breyer wrote the majority opinion saying that challengers — Texas, other Republican states, and two individuals — did not have legal standing to sue, meaning they couldn’t show they were harmed by the law. He was joined by Chief Justice John Roberts as… Source link

Read More »

Retail traders YOLO a second time: Morning Brief

This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Wednesday, June 9, 2021 The meme trade is making options great again We know you know: the meme trade is back.  Clover Health (CLOV) and Wendy’s (WEN) were the stars on Tuesday, rallying after shares became the most popular tickers on wallstreetbets, the Reddit forum tracked closely by traders, media members, and Wall Street pros alike for signs… Source link

Read More »

Oil Closes Above $70 a Barrel for First Time in Over Two Years

(Bloomberg) — Oil resumed its rally to top $70 a barrel in New York as investors grew more confident that accelerating vaccinations and easing travel restrictions will continue to boost demand. West Texas Intermediate futures surpassed the $70 mark to close at its highest since Oct. 2018 after briefly touching the key psychological level earlier this week. U.S. oil supplies fell 2.11 million barrels last week, the American Petroleum Institute was said to report. That would be the third… Source link

Read More »

Google is worth more than Amazon for the first time in more than a year

Alphabet Inc. was worth more than Amazon.com Inc. for the first time in 16 months Friday, as the online-advertising giant’s strong 2021 stock rally continues. Google parent company Alphabet GOOG, +1.96% GOOGL, +1.96% finished Friday’s session with a market value of $1.622 trillion, while Amazon AMZN, +0.60% closed out the day with a $1.616 trillion valuation, according to Dow Jones Market Data. Shares… Source link

Read More »

Time to Move Back to the Sidelines, Says Analyst

TipRanks Billionaire George Soros Picks Up These 3 “Strong Buy” Stocks Some investors achieve legendary status, rising far above their peers on a combination of luck and success. Perhaps no one exemplifies this more than George Soros, the Holocaust survivor who, after the war, earned a doctorate from the London School of Economics and went into the banking industry to make his mark. He was wildly successful. The hedge fund he founded, Soros Fund Management, earned an average annualized… Source link

Read More »

it’s time for America to be competitive in electric vehicles

Ford CEO Jim Farley is sending a clear message to those on Capitol Hill who are tepid to support President Joe Biden’s investments in America’s electric vehicle infrastructure.  Either sign-off on the funding, or risk America falling further behind in an EV race being won at the moment by China.  “I think it’s time for us to be competitive [on electric vehicles]. We have got to be globally competitive in batteries. All the chip manufacturing, some of it has to come back to the U.S. This is a… Source link

Read More »

Alphabet’s Google Migrates Ilunion to Cloud in Record Time

TipRanks 2 Big Dividend Stocks Yielding at Least 8%; Analysts Say ‘Buy’ Dividend stocks are always popular. They offer investors a clear path to returns, with regular cash payments and a yield – a return on the original investment – that usually far exceeds bond yields. But not all dividend stocks are created equal, and some offer better opportunities than others. Dividend yield is a key metric. Among S&P listed companies the average yield is only 2%. However, the highest yields… Source link

Read More »

Google Cofounder Sergey Brin Just Sold Alphabet Shares For The First Time Since 2017

Sergey Brin attends the 2019 Breakthrough Prize at NASA Ames Research Center on November 4, 2018 in … [+] Mountain View, California. Photo by Kelly Sullivan/Getty Images for Breakthrough Prize Googl GOOG e cofounder Sergey Brin sold $32.7 million worth of Alphabet shares last week, marking his first sale of the tech giant’s stock since 2017. According to SEC filings, Brin sold 13,889 Alphabet shares on Friday—a tiny sliver of his more than 38 million shares in the… Source link

Read More »

Now That Google Photos Will No Longer Be Free It’s Time To Get Your Photos Under Control (Or Stop Hoarding Them)

Back when photos took up 1 shoebox and not 1 terabyte. getty All good things come to an end. Or, I should say, all good free things eventually start to charge. Starting June 1st, Google GOOG will start counting high-quality photos against a user’s 15GB storage cap, which also includes other Google services as well (primarily Gmail and Drive). If you go over that cap you can either delete photos to stay under the cap or pay $2/month or $20/year for 100GB of storage. If you… Source link

Read More »