August 22, 2024
“…Google has brokered a first-in-the-nation deal with California lawmakers to direct millions of dollars to local newsrooms, the latest in a series of global efforts to require tech companies to support the journalism they profit from…” https://www.politico.com/news/2024/08/21/google-california-newsroom-ai-00174817 Now this is… Continue Reading…
August 20, 2024
““On a clear day, you can see the top of Mount Washington,” says Joanne Ricciardiello, peering through a curtain of towering oak and pine trees that surrounds her newly built, roughly 4,300-square-foot home on Maine’s Sebago Lake. She walks down… Continue Reading…
June 28, 2024
“Trading platform Robinhood Markets said on Thursday it has agreed to buy crypto exchange Bitstamp for about $200 million in cash, speeding up a broader push into digital assets with its biggest-ever deal. Robinhood, whose shares were up 3.4% before… Continue Reading…
May 10, 2024
“…The remote work boom that prompted Americans to flee urban areas for mountain hamlets and seaside towns during the pandemic continued at least through last year, according to University of Virginia demographer Hamilton Lombard. An estimated 291,400 people last year migrated… Continue Reading…
May 6, 2024
“…What’s interesting about the M2 money supply garnering attention is that it’s a metric most economists tend to ignore. It’s been steadily rising for so many decades that it’s almost taken for granted that the money supply will expand as… Continue Reading…
May 2, 2024
“The rapid rise of artificial intelligence appears to be taking a toll on the shares of online education companies Chegg and Coursera. Both stocks sank by more than 10% on Tuesday after issuing disappointing guidance in part because of students using AI tools… Continue Reading…
May 1, 2024
“Super Micro stock fell hard after the data-center computer specialist didn’t announce preliminary results for its fiscal Q3…” https://finance.yahoo.com/m/df275135-5e40-3040-8132-e1e68a1e7019/super-micro-stock-plunges-23-.html the market is assuming results will be bad. with such a sharp decline it might be a good idea to watch… Continue Reading…
April 29, 2024
“It’s been a difficult couple of years for BlackRock, the world’s biggest money manager. The firm is still enormously profitable, though it has recently taken some big hits because of its image as a promoter of progressive utopianism through its use of… Continue Reading…
April 25, 2024
“…The San Jose, Calif.-based company says it plans to release its fiscal third-quarter results on April 30 after the market close. However, unlike in recent quarters, it didn’t offer an early look at its results. On the stock market today, SMCI stock dived… Continue Reading…
April 24, 2024
“Technology stocks were broadly showing signs of “breaking down,” as the sector struggles in a slump this month that has deepened significantly, according to Bespoke Investment Group. The S&P 500’s information-technology sector tumbled 7.3% last week, its biggest weekly drop… Continue Reading…
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