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Futures: Big Earnings Reports This Week

investors.com Dow Jones futures, along with S&P 500 futures and Nasdaq 100 futures, were little changed ahead of Tuesday's stock market open. Nvidia (NVDA) rebounded, while big earnings…

OpenAI’s Sam Altman is funding a green-energy moonshot as AI’s power demands grow to ‘insatiable’ levels

aol.com AI investors worry that the energy grid won’t be able to feed AI’s “insatiable demand” for power—so they’re taking matters into their own hands. OpenAI CEO Sam Altman and…

TikTok vows to sue if U.S. bans app

thestreet.com Caroline Woods brings the latest business headlines from the floor of the New York Stock Exchange as markets close for trading Monday, April 22. Full Video Transcript Below:…

Meta Opens Up its VR Operating System to Third Party Hardware Makers

socialmediatoday.com If Meta really wants its metaverse to take off, it needs to facilitate broad access, similar to the approach that it’s taken with its social apps. For Meta, the real money…

Tech's earnings bonanza this week shines spotlight on growing troubles at Tesla, Google

cnbc.com As tech's behemoths get set to report earnings this week, they do so facing a mountain of drama. At Google , there have been protests and restructurings, while Tesla just…

Zuckerberg wants more companies to build Meta-powered headsets

aol.com CEO Mark Zuckerberg is taking a page out of Google’s Android playbook by announcing on Monday that his company will make its Meta Horizon operating system for AR/VR headsets…

TikTok ban: Is it happening, who will benefit and who can acquire it? By

investing.com The future of TikTok, the wildly popular short-form video app, hangs in the balance in the US. The potential for a nationwide ban has escalated in recent months, fueled by…

FTC Sues to Block $8.5 Billion Tapestry-Capri Merger

nytimes.com The Federal Trade Commission on Monday sued to block Tapestry’s $8.5 billion acquisition of Capri, a blockbuster fashion tie-up that would bring together Coach, Kate Spade,…

Stock market today: Indexes stage rallies ahead of mega-cap earnings

aol.com None US stocks closed higher on Monday, ending a six-day losing streak for the S&P 500. • None Traders are gearing up for earnings from high-profile firms, looking for a new…

Mark Zuckerberg did not see the GenAI wave coming. He prepared anyway

aol.com None Meta acquired a horde of GPUs in order to change its algorithm, not to build generative AI tools. • None However, Mark Zuckerberg decided to buy twice as many GPUs as…

The TikTok ban was just passed by the House. Here's what could happen next

cbsnews.com TikTok users could soon find that the popular social media service is either under new ownership or, although it wouldn't happen immediately, outright banned in the U.S. On…

Meta’s Mark Zuckerberg avoided a cage match with Elon Musk but got a jab in anyway by passing him on the billionaires list

fortune.com Meta CEO Mark Zuckerberg and Elon Musk never actually made it into the ring, but Zuckerberg still dealt a blow to the Tesla CEO by surpassing him on the list of the world’s…

F.T.C. Sues to Block $8.5 Billion Fashion Merger

nytimes.com The Federal Trade Commission on Monday sued to block Tapestry’s $8.5 billion acquisition of Capri, a blockbuster fashion tie-up that would bring together Coach, Kate Spade,…

A major headwind for TikTok could be the ultimate tailwind for Meta's Facebook and Instagram

cnbc.com Congress is inching closer toward a TikTok ban in the U.S. – offering another reason to stay invested in Club holding Meta Platforms after a year-and-half of strong stock…

Stock market today: S&P 500 snaps 6-day losing streak ahead of Big Tech earnings rush

finance.yahoo.com US stocks rebounded on Monday, with the S&P 500 snapping a six-day losing streak as investors brace for a rush of Big Tech earnings. The S&P 500 (^GSPC) rose 0.9% to climb…

Stock market today: Broad rally kicks off busy earnings week

newsweek.com Stocks closed higher on Monday, rebounding from a brutal week and setting the stage for a busy period for corporate earnings that investors hope will help put 2024's rally…

A TikTok ban would be a win for Mark Zuckerberg

aol.com None A new version of a "TikTok ban" just passed the House bundled with a foreign-aid bill. • None TikTok having to sell to a US buyer or shut down would be a win for…

OpenAI’s Sam Altman is funding a green-energy moonshot as AI’s power demands grow to “insatiable” levels

fortune.com AI investors worry that the energy grid won’t be able to feed AI’s “insatiable demand” for power—so they’re taking matters into their own hands. OpenAI CEO Sam Altman and…

Coinbase Teases Potential Launch of Smart Wallet

coingape.com Coinbase, one of the leading cryptocurrency exchanges, has introduced a smart wallet with universal compatibility available on testnet. The smart wallet is meant to provide…

Here's who could buy TikTok if parent company ByteDance has to sell its stake

aol.com None The House has passed legislation that could ban TikTok in the US unless ByteDance sells it to a US-based entity. • None It now heads to the Senate for a vote. If it…

Mark Zuckerberg says Meta will offer its virtual reality OS to hardware companies, creating iPhone versus Android dynamic

cnbc.com Meta will partner with external hardware companies, including Lenovo, Microsoft and Asus, to build virtual reality headsets using the company's Meta Horizon operating…

Stocks Surge In Massive Squeeze As Traders Frontrun End of Buyback Blackout Period

zerohedge.com Stocks Surge In Massive Squeeze As Traders Frontrun End of Buyback Blackout Period After the worst week for stocks since the March 2023 bank crisis, and after 6 consecutive…

7 High-Flying Stocks That Are Majorly Overdue for a Pullback

investorplace.com Take profit now before each one reverses course There’s plenty out there that could potentially drive a broad market pullback, but there are also plenty of individual stocks…

Trump's stock bust came even quicker than I expected

finance.yahoo.com I'm not saying that I am the next Jim Cramer, but I had a point when I wrote just a few weeks ago that former President Donald Trump's social-media company was probably not…

Big Six tech companies’ profit momentum could ‘collapse’ in 2024, UBS says

fastcompany.com Profit growth momentum of the so-called Big Six technology stocks could “collapse” over the next few quarters, UBS Global Research strategists said on Monday, downgrading…

Russia convicts the spokesperson for Facebook owner Meta in a swift trial in absentia

seattletimes.com An independent Russian news site has reported that a court in Russia convicted the spokesperson of U.S. technology company Meta, which owns Facebook and Instagram, of…

Meta opens Quest OS to third-party headset makers, taps Lenovo and Xbox as partners

techcrunch.com Meta Horizon OS, the mixed reality operating system that powers Meta Quest headsets can now be used by third-party device makers, the company announced on Monday. The…

Tata’s consultancy arm cuts bonuses for employees who aren’t in the office 5 days a week

aol.com Tata Consultancy Services, the main arm of Indian industrial giant Tata, is reportedly clamping down on office-shy workers by cutting their bonuses and hovering the threat…

Meta opens up its VR OS called Horizon OS to third parties and says Asus and Lenovo are both planning Meta Horizon OS-compatible headsets

cnet.com In the suddenly more heated VR/AR wars between Meta, Apple, Sony, and eventually Google and Samsung, Meta CEO Mark Zuckerberg just made a fascinating chess move. Meta just…

Sundar Pichai tells Google staff he doesn’t want any more political debates in the office

fortune.com In a world where sociopolitical issues are increasingly divisive, saying the perceived wrong thing on gender identity or the Israel-Palestine conflict could make you a…

The Nvidia Chart Shows The Importance Of Earnings From Tesla, Meta, Microsoft, And Alphabet

benzinga.com To gain an edge, this is what you need to know today. Please click here for an enlarged chart of NVIDIA Corp NVDA. • Nvidia is the most important stock in this market as…

Dow Jones Up As Salesforce Deal Collapses; Elon Musk Says This Amid More Tesla Price Cuts

investors.com The Dow Jones Industrial Average saw early gains fade while Verizon Communications (VZ) tumbled. Elon Musk spoke out as more Tesla (TSLA) price cuts emerged. Nvidia (NVDA)…

Monday's stocks to buy like Nvidia

cnbc.com Here are the biggest calls on Wall Street on Monday: Goldman Sachs reiterates Amazon as buy Goldman said the stock is a top idea heading into earnings on April 30. "We…

Stock market today: Stocks bounce back with Big Tech earnings in view

finance.yahoo.com US stocks looked to rebound on Monday from their worst week of the year as investors braced for a flood of corporate earnings. The S&P 500 (^GSPC) gained 0.5% after closing…

Europol becomes latest law enforcement group to plead with big tech to ditch E2EE

theregister.com Yet another international cop shop has come out swinging against end-to-end encryption - this time it's Europol which is urging an end to implementation of the tech for fear…

Why the Magnificent 7's 'momentum is collapsing'

finance.yahoo.com The run may be over for the seven stocks that drove the lion's share of the stock market rally over the past year. UBS Investment Bank Chief US equity strategist Jonathan…

What will it take to get tech stocks rising again? An unemployment rate above 4%

cnbc.com Every weekday the CNBC Investing Club with Jim Cramer holds a "Morning Meeting" livestream at 10:20 a.m. ET. Here's a recap of Monday's key moments. 1. U.S. stocks rose…

Trump Media stock slips amid short seller activity

finance.yahoo.com Trump Media & Technology Group (DJT) shares slide further Monday morning as the Truth Social parent company sees major declines since going public through a merger with…

Dow Jones Up After Ukraine-Israel Aid; Elon Musk Says This Amid More Tesla Price Cuts

investors.com The Dow Jones Industrial Average rallied after the House passed bills to deliver aid to Ukraine and Israel. Elon Musk spoke out as more Tesla (TSLA) price cuts emerged.…

Is Meta Stock A Buy Ahead Of Q1 Earnings This Week?

investors.com Meta has surged by triple digits in 2023 but the Facebook parent company has work ahead in AI and the metaverse. The post Is Meta Stock A Buy Ahead Of Q1 Earnings This Week?…

What are MSTs and why is everyone talking about it?

beincrypto.com On the brink of a new bull run, a groundbreaking concept is knocking on the blockchain community’s door: MSTs aim to lead the SocialFi narrative. The premise is…

Dutch watchdog says government should stop using Facebook if there are privacy concerns

euronews.com The Dutch Data Protection Authority said the government must be able to guarantee that data processing complies with the law. The Netherlands' data watchdog recommended that…

Stock market today: Stocks waver with Big Tech earnings in view

finance.yahoo.com US stocks rose slightly on Monday from their worst week of the year as investors braced for a flood of corporate earnings. The S&P 500 (^GSPC) pared earlier morning gains to…

Tata Consultancy Services cuts bonuses for employees who aren't in the office 5 days a week

fortune.com Tata Consultancy Services, the main arm of Indian industrial giant Tata, is reportedly clamping down on office-shy workers by cutting their bonuses and hovering the threat…

Big Tech Has an Energy Problem

thedailyupside.com As climate change looms ever larger, the climate goals of many tech firms seem to get loftier. Almost every tech titan seemingly has a goal to drastically cut carbon…

Mega-cap tech earnings kick off this week. Here's what Wall Street is looking out for

aol.com None Wall Street is gearing up for the highlight of earnings season this week. • None Mega-cap names that make up the Magnificent Seven will begin reporting, starting with…

Ready or not, the youngest boomers are retiring

aol.com None This post originally appeared in the Insider Today newsletter. • None You can sign up for Business Insider's daily newsletter here. Happy Earth Day! The holiday is a…

Stock market today: Indexes climb after tough week with mega-cap earnings on deck

aol.com None Stocks rose on Monday ahead of a week of high-profile earnings reports. • None Tesla will report on Tuesday, with Meta due up on Wednesday this week. • None The stock…

Profit momentum of Big Six tech companies to 'collapse' over 2024, UBS says

aol.com Profit growth momentum of the so-called Big Six technology stocks could "collapse" over the next few quarters, UBS Global Research strategists said on Monday, downgrading…

Watchdog tells Dutch govt: 'Do not use Facebook if there is uncertainty about privacy'

theregister.com The Dutch Data Protection Authority (AP) has warned that government organizations should not use Facebook to communicate with the country's citizens unless they can…

Meta Announces Upcoming Ads Showcase at Newfronts 2024

socialmediatoday.com Meta has announced its upcoming IAB Newfronts event, which will feature a range of internal experts discussing the company’s latest ad updates, with a focus on its improving…

Meta Announces Screen Smart Series of Parent Info Session in the US

socialmediatoday.com Meta’s running a new series of workshops across the U.S. which are designed to better equip parents in managing their child’s screen time, while also highlighting the…

Report urges fixes to online child exploitation CyberTipline before AI makes it worse

apnews.com A tipline set up 26 years ago to combat online child exploitation has not lived up to its potential and needs technological and other improvements to help law enforcement go…

Morning Bid: Big Tech swoons as Q1s lurk, Nvidia decimated

finance.yahoo.com A look at the day ahead in U.S. and global markets from Mike Dolan The so-called 'Magnificent 7' of U.S. megacap tech stocks has retreated sharply as first-quarter earnings…

Is Nvidia Getting Ready to Disrupt Another Computing Industry Standard?

finance.yahoo.com Analysts at Wall Street firm Rosenblatt Securities recently downgraded shares of high-flying Arista Networks (NYSE: ANET) all the way from a buy rating with a stock price…

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