Check out the companies making headlines in midday trading. Groupon – Shares plunged 39.5%, a day after the online marketplace company reported third-quarter revenue and global gross billings that fell short of expectations. In addition, the company approved a fully underwritten rights offering to shareholders of $80 million. Wynn Resorts – The resort and casino … [Read more…]
Unlock Editor’s Digest for free Roula Khalaf, editor of the FT, picks her favorite stories in this weekly newsletter. The European Central Bank will not start cutting interest rates at least “in the next few quarters,” said its President Christine Lagarde. Lagarde told the Financial Times’ Global Boardroom conference on Friday that inflation in the … [Read more…]
While the Apple Vision Pro is expected early next year, the brand needs to entice with dedicated content. That’s what it starts to do in its TV application by selling 3D movies. Apple Vision Pro // Source: Apple In a few months, the Vision Pro will be available in the US for the modest sum … [Read more…]
Verizon plans to offer its customers a discounted package of streaming services that includes the ad-supported tiers of Netflix and Warner Bros. Discovery’s Max. People “familiar with the situation” told The Wall Street Journal on Thursday that the package will cost $10 per month, instead of the roughly $17 per month you would pay for … [Read more…]
5. There are more effective ways to learn more about us As journalist Jean-François Cliche summarized in 2021, application makers and developers have the technological capacity to listen to us. But that’s not necessary: they know much more about us than we imagine. Every search we make on the Internet, every page consulted, every video … [Read more…]
Northvolt, into which Quebec has poured $1.37 billion in public subsidies of all kinds, is facing a Bureau of Public Hearings on the Environment (BAPE) for part of its mega-factory project related to battery recycling, but says that he welcomes the message. “With our arrival in Quebec, we commit to respecting all environmental laws and … [Read more…]
Here are the key news investors need to start the trading day: 1. Caught The S&P 500 and Nasdaq Composite posted their longest winning streak in two years on Thursday. The S&P 500 fell 0.8% during the session after eight straight days of gains, while the tech-heavy Nasdaq Composite fell 0.9% after nine days of … [Read more…]
If the phenomenon of airglow, that nighttime glow that sometimes lights up the sky, is well known on Earth, this is the first time that it has also been observed on Mars, in a wavelength range that makes it visible to potential researchers the Red Planet would have made it. This will also interest you … [Read more…]
Nvidia bulls are starting to throw around an adjective rarely used for a stock that has more than tripled in value in less than a year: cheap. Most read by Bloomberg That’s the view of investors like Alec Young, chief investment strategist at Mapsignals, who have watched Nvidia shares trade in a $100 range since … [Read more…]
(Seoul) South Korean tech giant Samsung Electronics will use an artificial intelligence-based real-time translation tool on a new phone in 2024, a representative of the group told AFP on Friday. Posted at 6:48 am This feature, according to the same source, will be available on the next Samsung Galaxy, the company’s flagship model, which is … [Read more…]