[unable to retrieve full-text content]The streaming wars are over: Morning Brief Yahoo Finance Source link
Read More »Bidding wars erupt as 2024 kicks off, with some listings seeing over 30 offers
Would-be homebuyers are once again coming out of hibernation, this time prepared to strike a deal before competition heats up. The volume of applications for a mortgage increased 9.9% from one week earlier on a seasonally adjusted basis for the week ending Jan. 10, according to the Mortgage Bankers Association (MBA). Some of that activity was driven by purchase applications, which increased 6% from the previous week, as buyers capitalized on the year-end decline in rates and a small boost in… Source link
Read More »What is ESG? The latest front in the culture wars
Disney (DIS) and Apple (AAPL) became the latest companies in the crosshairs of anti-ESG efforts after Vivek Ramaswamy, the executive chairman of Peter Thiel-backed Strive Capital, sent letters to the companies urging them to halt diversity audits and avoid making political statements. In the letter released on Monday, the “Woke, Inc.” author railed against the companies and financial institutions for promoting “one-sided political agendas.” Ramaswamy has been a vocal critic of the practice of… Source link
Read More »The streaming wars will end ‘with 3 or 4 winners,’ analyst predicts
Competition in the streaming space is increasingly getting fierce, with more providers vying for subscribers at a time when signs of saturation in the market are starting to emerge. With the streaming market expected to “significantly cool” over the next five years, according to PwC’s annual Global Entertainment & Media Outlook, streamers are being forced to adapt to a rapidly changing landscape. “As the streaming wars continue, we will end up with three or four winners,” Needham Analyst… Source link
Read More »‘Star Wars’ stands by ‘Obi-Wan Kenobi’ star Moses Ingram after racist internet attacks
As Ewan McGregor and Hayden Christensen return to George Lucas’s far, far away galaxy in Obi-Wan Kenobi, their co-star Moses Ingram is bravely shining a spotlight on a dark side of Star Wars fandom. The Queen’s Gambit star posted an Instagram story sharing some of the racist comments she has received since the Disney+ series premiered on May 27 — comments that called her a “loser” and a “diversity hire” among other hateful rhetoric. “Long story short, there are hundreds of those,” Ingram… Source link
Read More »Warren Buffett has warned against hoarding cash, gold, or bitcoin during wars — and touted stocks as the safest long-term bet
Warren Buffett.Alex Wong/Getty Warren Buffett has advised against swapping stocks for cash, gold, or bitcoin during wars. The Berkshire Hathaway CEO favors productive businesses over dollars, crypto, or haven assets. Buffett touted Russia’s invasion of Ukraine in 2014 as a buying opportunity for long-term investors. Warren Buffett has warned against dumping stocks, hoarding cash, and buying gold or bitcoin when war breaks out, as he believes investing in businesses is the best way to build… Source link
Read More »Ether outshines Bitcoin in whipsaw year, rises to the top in crypto’s ‘cloud wars’
A year filled with highs and lows for cryptocurrency is ending with surprising winners — neither of which are Bitcoin (BTC-USD), Dogecoin (DOGE-USD) and Shiba Inu (SHIB-INU), the three digital coins that grabbed most of the headlines in 2021. Ether (ETH-USD) was one of the year’s biggest winners, more than quadrupling Bitcoin as an investment. Despite heavy investor buzz and new exchange-traded funds, the leading cryptocurrency spiked to a fresh record near $69,000 — only to retreat in… Source link
Read More »The burger wars that 59% of you know nothing about
An Original Impossible Burger, left, and a Cali Burger, from Umami Burger, are shown in this photo in New York, Friday, May 3, 2019. (AP Photo/Richard Drew) For people of a certain age, (as in this writer), the phrase “burger wars” means McDonalds (MCD) versus Burger King (QSR). Over the years, that rivalry was diffused with the addition of Wendy’s (WEN), Jack in the Box, Sonic, Carl’s Jr., etc. and then updated and upgraded more recently with Shake Shack (SHAK) versus In-N-Out Burger,… Source link
Read More »Vaccine wars are moving to the workplace
A small group of anti-vaccination protesters gather outside of New York-Presbyterian Hospital on September 01, 2021 in New York City. (Photo by Spencer Platt/Getty Images) With the economy wobbling amid the Delta coronavirus surge, President Biden has chosen not to require every American to get vaccinated. Instead, he’s ratcheting up the pressure by pushing the burden down to employers. On Sept. 9, the White House announced several new rules and orders meant to compel some 80 million… Source link
Read More »This is just the start of Apple and Google’s app store wars
Technology sector updates Sign up to myFT Daily Digest to be the first to know about Technology sector news. Apple often portrays the App Store as the democratisation of software. Since 2008, developers everywhere have been able to use Apple’s code to create new smartphone applications, and users can find and try them there, knowing that the company has vetted the offerings. Now both the App Store and its rival Google Play are under attack as cut-throat monopolies that… Source link
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