Consumer electronics

These 20 S&P stocks slipped as much as 21.5% in another brutal week for the market

These 20 S&P stocks slipped as much as 21.5% in another brutal week for the market

Another tough week for US stocks ended with oil producer stocks falling and Ford Motor Co. falling on concerns about supply shortages. The S&P 500 SPX fell 1.7% on Friday for a 4.6% drop over the week as investors continued to worry about interest rate hikes from the Federal Reserve to temper inflation. Among the …

These 20 S&P stocks slipped as much as 21.5% in another brutal week for the market Read More »

These 20 S&P stocks slipped as much as 21.5% in another brutal week for the market

These 20 S&P stocks slipped as much as 21.5% in another brutal week for the market

Another tough week for US equities ended with oil producer stocks falling and Ford Motor Co. falling on concerns about supply shortages. The S&P 500 SPX fell 1.7% on Friday for a 4.6% drop over the week as investors continued to worry about interest rate hikes from the Federal Reserve to temper inflation. Among the …

These 20 S&P stocks slipped as much as 21.5% in another brutal week for the market Read More »

Meet the 30-something about to sell his company to Adobe for $20 billion

Meet the 30-something about to sell his company to Adobe for $20 billion

Almost overnight, this 30-year-old has become the tech world’s newest titan – and is on his way to becoming one of the world’s youngest billionaires. Dylan Field, co-founder and CEO of San Francisco-based Figma, is set to enjoy an epic bargain after Adobe ADBE, -3.12% announced plans to acquire his company for $20 billion this …

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NASA DART mission prepares for asteroid collision |  CNN

NASA DART mission prepares for asteroid collision | CNN

Sign up for CNN’s Wonder Theory science newsletter. Explore the universe with news about fascinating discoveries, scientific advancements and more. CNN — A NASA spacecraft that is deliberately going to crash into an asteroid is closing in on its target. The DART, or Double Asteroid Redirection Test, mission will rendezvous with the space rock on …

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FTC issues warning to Uber, Lyft, DoorDash and other 'work on demand' companies

FTC issues warning to Uber, Lyft, DoorDash and other ‘work on demand’ companies

The Federal Trade Commission announced Thursday that it plans to crack down on the exploitation of gig workers, who the agency says are entitled to protection regardless of classification. The commission adopted a policy statement that details issues construction workers face — including misleading claims about their wages and hours, unfair contract terms and more …

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Meta Is One Of The Worst Performers In The S&P 500 Today, But These 5 Other Stocks Lost $387 Billion In Value

These five S&P 500 stocks lost nearly half a trillion dollars in value in one day amid widespread annihilation

A drop in gasoline prices couldn’t mask the problem that spooked investors on September 13: core consumer prices resumed their rapid rise in August. Fear of the Federal Reserve’s continued monetary policy tightening to fight inflation sent the Dow Jones Industrial Average DJIA down 1,276 points (or 3.9%) to 31,104, with all 30 components posting …

These five S&P 500 stocks lost nearly half a trillion dollars in value in one day amid widespread annihilation Read More »

Meta Is One Of The Worst Performers In The S&P 500 Today, But These 5 Other Stocks Lost $387 Billion In Value

Meta Is One Of The Worst Performers In The S&P 500 Today, But These 5 Other Stocks Lost $387 Billion In Value

A drop in gasoline prices couldn’t mask the problem that spooked investors on September 13: core consumer prices resumed their rapid rise in August. Fear of the Federal Reserve’s continued monetary policy tightening to fight inflation sent the Dow Jones Industrial Average DJIA, -3.94% down 887 points (or 2.7%) to 31,494, with all 30 components …

Meta Is One Of The Worst Performers In The S&P 500 Today, But These 5 Other Stocks Lost $387 Billion In Value Read More »

Biden has finalized his plan to rein in Big Tech.  Big Tech was not invited.

Biden has finalized his plan to rein in Big Tech. Big Tech was not invited.

President Joe Biden’s administration released a checklist of actions needed to rein in Big Tech on Thursday, following a roundtable “listening session” on issues in the tech industry. But administration officials weren’t “listening” to companies that are the target of many desired actions – Google’s parent company Alphabet Inc. GOOGL, +2.09% GOOG, +2.16%, Amazon.com Inc. …

Biden has finalized his plan to rein in Big Tech. Big Tech was not invited. Read More »

Apple raised the price of the iPhone 14 in key markets despite keeping it in the US

Apple raised the price of the iPhone 14 in key markets despite keeping it in the US

Apple raised the price of the iPhone 14 series in a number of key markets, although it remained unchanged in the United States. With rampant inflation lingering and a global recession on the horizon, all eyes were on how Apple priced its core product at the Cupertino giant’s big event on Wednesday, where it unveiled …

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