UncategorizedNetflix third-quarter subscribers barely beat estimates as ad-tier members jump 35% fwadmin / October 18, 2024 Netflix’s ad-tier memberships jumped 35%. The company is on track to launch the service in Canada in the coming quarter and more broadly in 2025.
UncategorizedNvidia stock rises to new record, exceeding June high as AI trade is rekindled fwadmin / October 18, 2024 Shares of Nvidia rose more than 3% on Thursday, briefly tapping a new intraday high of $140.89. It bested a previous record of $140.76, set June 20.
UncategorizedGoogle CEO names new search and ads boss, slides predecessor to role of chief technologist fwadmin / October 18, 2024 Google is replacing Prabhakar Raghavan, the company’s search and ads boss since 2018, with longtime executive Nick Fox.
UncategorizedThe S&P 500 once again briefly rode Nvidia’s coattails to all-time highs fwadmin / October 18, 2024 Both the chip stock and the benchmark index touched intraday records in Thursday’s trading.
UncategorizedAmazon cloud boss says employees unhappy with 5-day office mandate can leave fwadmin / October 18, 2024 Amazon’s cloud boss on Thursday told employees who are unhappy with the company’s new five-day in-office mandate they can leave for other companies.
UncategorizedHamas leader Yahya Sinwar killed in Gaza fwadmin / October 18, 2024 Death of architect of October 7 attack on Israel represents a devastating blow to Palestinian militant group
UncategorizedMeta, Google, TikTok take down accounts tied to Russian drone labor scheme fwadmin / October 18, 2024 Some pupils at Alabuga Polytechnic are as young as 15 and have complained of poor working conditions.
UncategorizedWall Street hovers near records as chipmakers soar fwadmin / October 18, 2024 China shares suffered from an underwhelming housing stimulus briefing and Japan shares took a hit from weak export data. But Taiwan chip giant TSMC is soaring.
UncategorizedBillionaire investor Stanley Druckenmiller says market appears ‘very convinced Trump is going to win’ fwadmin / October 18, 2024 The famed investor predicts there will be a red sweep in government if Trump is the victor next month.
UncategorizedFedEx founder says corporate data predicted the rise of Tesla and Nvidia—and can flag new trends fwadmin / October 18, 2024 Fred Smith says FedEx’s data keeps it on the cutting edge of what other companies are doing.