Tag Archives: weighs

[unable to retrieve full-text content]Exclusive: Google parent Alphabet weighs offer for HubSpot, sources say  Reuters Source link

[unable to retrieve full-text content]Exclusive-Google parent Alphabet weighs offer for HubSpot, sources say  Yahoo Finance Source link

[unable to retrieve full-text content]Maine bars Trump from ballot as US Supreme Court weighs states’ authority to block former president  Yahoo News Source link

[unable to retrieve full-text content] Google weighs Gemini AI project to tell people their life story using phone data, photos  CNBC Google launches Gemini, the AI model it hopes will take down GPT-4  The Verge Google’s best Gemini AI demo video was fabricated  Ars Technica Source link

Bed Bath & Beyond (BBBY) stock cratered Thursday after the embattled retailer revealed in a new regulatory filing it was hit with a default notice from JPMorgan and does not have adequate funds to repay its loans. This coming while the company again warned it may be forced to seek bankruptcy protection amid its ongoing financial struggles. Shares of the company fell as much as 33% on Thursday afternoon, at one point prompting a brief halt. The stock closed Thursday’s session off 22%. Though… Source link

Tesla (TSLA) dropped the bomb on the auto market with huge price cuts last week, and now Wall Street is catching up with post-game analysis, if you will. In a note called “Analyzing the impact of reduced Tesla vehicle prices,” Goldman Sachs analyst Mark Delaney takes a glass-half-empty, half-full approach. Delaney says the price cuts imply concern over reduced demand in the U.S. “While the reduced prices for Models 3 and Y helps the company to better address the roughly 20%-30% of… Source link

U.S. Labor Secretary Marty Walsh is keeping a close eye on layoffs in the tech sector, including Elon Musk’s chaotic overhaul at Twitter. “As far as Twitter, that’s a whole different situation [than the broader tech layoffs],” Walsh said on Yahoo Finance Live (video above). “I don’t know enough about it, but I think that’s Elon Musk looking at the business model. I am sure at some point that will fix itself out as it moves forward.” To be sure, Musk’s changes to Twitter are moving forward this… Source link

Spotify stock (SPOT) erased gains on Wednesday after a new report from The Wall Street Journal revealed that TikTok parent company ByteDance has begun talks with music labels to expand its music-streaming service, dubbed Resso. According to the report, ByteDance wants to eventually integrate the service with social media juggernaut TikTok — a platform known for discovering new music and making songs go viral — as the company looks to expand the offering into more global markets…. Source link

Leaders in Washington have been on their heels since OPEC+ announced deep production cuts. However, what could be in the offing when it comes to additional policy responses have become clearer in recent days. “There’s a lot of alternatives,” President Biden told reporters on Thursday adding on Friday “I’m not finished with that yet.” On Wednesday, oil-producing nations — including Russia — announced they would cut production by 2 million barrels per day, saying it was a way to get… Source link

U.S. stocks tumbled early Friday as the government’s key employment reading showed the labor market grew at a slower pace in September. The U.S. economy added 263,000 jobs last month as the unemployment rate fell to 3.5%. Economists expected a payroll gain of 255,000 and for unemployment to hold at 3.7%. Futures tied to the S&P 500 (^GSPC) dropped 0.7%, while futures on the Dow Jones Industrial Average (^DJI) shed more than 100 points, or 0.4%. Nasdaq Composite (^IXIC) futures led the way… Source link