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Netflix third-quarter subscribers barely beat estimates as ad-tier members jump 35%
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.
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Nvidia stock rises to new record, exceeding June high as AI trade is rekindled
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.
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Google CEO names new search and ads boss, slides predecessor to role of chief technologist
Google is replacing Prabhakar Raghavan, the company’s search and ads boss since 2018, with longtime executive Nick Fox.
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The S&P 500 once again briefly rode Nvidia’s coattails to all-time highs
Both the chip stock and the benchmark index touched intraday records in Thursday’s trading.
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Amazon cloud boss says employees unhappy with 5-day office mandate can leave
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.
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Wall Street hovers near records as chipmakers soar
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.
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Billionaire investor Stanley Druckenmiller says market appears ‘very convinced Trump is going to win’
The famed investor predicts there will be a red sweep in government if Trump is the victor next month.