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Small caps jumped as the Nasdaq and Nvidia fight AI fatigue. ServiceNow broke out. The Fed's key inflation gauge is due...
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Her flagship Ark Innovation ETF has lost 12% year to date...
Continue Reading(Bloomberg) -- Last month, websites for a French film festival and the Grand Palais, a historic exhibition and museum complex in Paris, shut down after a cyberattack. Researchers tracked the episodes to a group of hacktivists affiliated with Russian intelligence and reported that the hackers described it as a training exercise. Most Read from BloombergTrump Risks Losing Voters He Needs With Loaded Attacks on HarrisHarris Just Showed Why Trump Is So Afraid of HerMarkets Tear Up Popular Trades Tha...
Continue ReadingThe outage happened because the advanced platform contained a fault that forced computers running Microsoft's Windows operating system to crash and show the so-called blue screen of death. Microsoft said on Saturday about 8.5 million Windows devices had been affected in the outage that had left flights grounded, forced broadcasters off air and left customers without access to services such as healthcare or banking."Our recovery efforts have been enhanced thanks to the development of automatic recovery techniques and by mobilizing all our resources to support our customers," Kurtz said in a post on LinkedIn...
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(Bloomberg) -- Open artificial intelligence models that allow developers to customize them with few restrictions are more likely to promote competition, Federal Trade Commission Chair Lina Khan said, weighing in on a key debate within the industry.Most Read from BloombergTrump Risks Losing Voters He Needs With Loaded Attacks on HarrisHarris Just Showed Why Trump Is So Afraid of HerStocks Caught in Tug of War Between Tech and Rest: Markets WrapMarkets Tear Up Popular Trades That Reached ‘Stupid L...
Continue ReadingOn Thursday's edition of Asking for a Trend, Host Josh Lipton breaks down some of the biggest stories and themes impacting markets. The auto sector is grabbing investor attention as major companies like Stellantis (STLA) and Ford (F) report underwhelming second-quarter earnings. CarGurus director of industry insights and analytics Kevin Roberts explains that despite disappointing earnings, the auto industry is still "quite healthy." He notes that the earnings suggest the sector is going through "a bit of a rebalancing right now." The major indexes (^DJI, ^IXIC, ^GSPC) closed mixed on Thursday as they try to recover from a three-day tech sell-off. This downturn was triggered by disappointing earnings reports from Tesla (TSLA) and Alphabet (GOOG, GOOGL) — two of the "Magnificent Seven" tech giants. Yahoo Finance reporter Jared Blikre analyzes the day's top market trends, discussing the rotation into small-cap stocks and Japan's financial markets, which appear to be going through a "capitulation." The future of regulation for startups and big businesses rests on the 2024 election, as former President Donald Trump and Vice President Kamala Harris have vastly different agendas. Tusk Venture Partners co-founder and managing partner Jordan Nof says that a new administration will likely bring a new leader to the Federal Trade Commission (FTC) "and potentially a different posture that the FTC takes with antitrust specifically." He notes that many investors are worried that Big Tech "just does not want to transact right now," and that fear "really takes a lot of the wind out of the sails in terms of how you can underwrite a deal to an exit." He also explains that investors and early-stage fund managers prefer Trump-era policies compared to Biden's current policies and are most likely to vote with their pocketbooks in this election. Josh Lipton then breaks down what to watch on Friday, July 26th, before turning to some of the biggest movers in after-hours trading, from Skechers (SKX) to L3Harris Technologies (LHX). This post was written by Melanie Riehl...
Continue ReadingThe auto sector is grabbing investor attention as major companies like Stellantis (STLA) and Ford (F) report underwhelming second-quarter earnings. CarGurus director of industry Insights and analytics Kevin Roberts joins Asking for a Trend to discuss the state of the auto industry. Despite these disappointing reports, Roberts says the auto industry is still "quite healthy." However, he points out that two factors — "revenge spending" by consumers and the semiconductor chip shortage — "pushed prices really, really high." Roberts explains that current auto industry earnings suggest the sector is going through "a bit of a rebalancing right now." Regarding electric vehicles (EVs), Roberts finds the industry to still be riding "the long-term trend of where it's going. The question really is what the adoption rate curve is going to be." He points out that there's currently an imbalance between supply and demand for EVs. For more expert insight and the latest market action, click here to watch this full episode of Asking For A Trend. This post was written by Angel Smith...
Continue ReadingMarket averages (^DJI, ^IXIC, ^GSPC) seek to reverse their bad luck from Wednesday and hold on to gains heading into Thursday's market close. Julie Hyman and Josh Lipton report on the top market movers and leading industry stories while helping investors through the final trading hour. Royal Caribbean Group (RCL) CFO Naftali Holtz joins the program to comment on the cruise operator's second quarter earnings and why it continues to see "very, very strong" demand. For this week's Good Buy or Goodbye., BullseyeBrief.com Ingenuity Fund portfolio manager Adam Johnson comes on to provide expert opinions on two stocks: Builders FirstSource (BLDR) and Charles Schwab (SCHW). Other top trending stocks on the Yahoo Finance platform include Honeywell International (HON), RTX (RTX), and Lululemon (LULU). This post was written by Luke Carberry Mogan...
Continue ReadingOpenAI’s launch of SearchGPT was a warning shot in the ongoing war to challenge Google and drive out AI upstarts like Perplexity...
Continue ReadingAfter a defective CrowdStrike update caused a global tech outage, analysts said these cybersecurity rivals could be poised to benefit...
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