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Business, Stocks

“Capital One to acquire Discover Financial Services in $35.3 billion all-stock deal”

“Capital One Financial is set to acquire Discover Financial Services in a $35.3 billion all-stock deal. Under the agreement, Discover shareholders would receive 1.0192 Capital One shares for each Discover share or about a 26% premium from Discover’s Friday closing price of $110.49. The… Continue Reading…

Economy

“Americans Are Canceling More of Their Streaming Services”

https://www.wsj.com/business/media/americans-are-canceling-more-of-their-streaming-services-fb9284c8 This article is behind a paywall so I will just say a few things. Times are tough so of course folks are going to cut spending. Entertainment is one of the first things to be on the chopping block.… Continue Reading…

Stocks

“Artificial Intelligence Stocks To Watch: Big Tech Expands AI Products, Services”

“…In general, look for AI stocks that use artificial intelligence technology to improve products or gain a strategic edge. Microsoft (MSFT) has increased its investment in startup OpenAI… Shares in Mobileye Global (MBLY), spun off by Intel (INTC), are up… Continue Reading…

Personal Finance

“Over a third of Americans have missed payments for Afterpay, other ‘buy now, pay later’ services”

““Buy Now, Pay Later” services, such as Affirm, Afterpay, and Klarna, are gaining popularity with Americans — a whopping 74% of shoppers say they have used them, according to a Breeze Survey of 1,500 Americans taken from January 4 to January… Continue Reading…

Cryptocurrencies

“Over 60 S.Korean crypto exchanges set to suspend services next week”

“More than 60 cryptocurrency exchanges in South Korea must notify customers of a partial or full suspension of trading by Friday midnight, a week before a new regulation comes into effect. To continue operating, exchanges must register with the Financial… Continue Reading…

Stocks

“3 “Strong Buy” Stocks Set for Monster Growth in 2021”

“ElectraMeccanica Vehicles (SOLO)… Speculative tech is popular on Wall Street, and ElectraMeccanica fits that bill nicely. The company has 3 recent reviews, and all are Buys, making the analyst consensus a unanimous Strong Buy. Shares are priced at $6.19 and… Continue Reading…

Business

“Verizon to buy wireless services provider Tracfone in $6.25 billion deal”

“Verizon Communications said Monday it would buy wireless services provider Tracfone, a unit of Mexican telecom America Movil, in a $6.25 billion cash and stock deal. Several mergers in recent years have led to an increasingly concentrated wireless industry in the U.S.,… Continue Reading…

Business

“Apple delivers best-ever quarter, powered by iPhones, services”

“Apple on Tuesday posted record results for the final three months of last year delivered by gains in iPhone sales even as the company transitions to digital services and wearables… Net profit hit an all-time high of $22 billion on… Continue Reading…