Here are two things that are true: a stronger economy is generally good for stocks, and a stronger economy means higher yields on Treasuries. Logic students don’t have to make much progress …
Read More »ARK ETFs were all the rage and competitors emerged. Now they are all falling.
Cathie Wood, Founder of ARK Investment Management Courtesy of ARK Invest Text size ARK Invest’s hot, publicly traded funds suffered a major setback this week. In its worst week since last March, …
Read More »Bill to Make Facebook, Google Pay for News overcomes Australia’s last major hurdle
SYDNEY: Australian legislation requiring that Facebook Inc. full board -0.58% and Google to pay the media for content overcame its last major parliamentary hurdle, crowning a multi-year effort that could set a …
Read More »Facebook’s fight with Australia over the news is just the beginning
Facebook Inc.’s full board 2.12% The battle with publishers and regulators around the world over how the social media giant handles the news is far from over after reaching a deal this …
Read More »Big Tech employees opened wallets for the Biden campaign
WASHINGTON – Employees of large tech firms were a key source of contributions to Joe Biden’s presidential campaign, recently released campaign finance records show, overshadowing employee donations from traditional Democratic fundraising sources. …
Read More »IBM’s withdrawal from Watson highlights broader health struggles for AI
Ten years ago, Watson, the artificial intelligence system of International Business Machine Corp., outperformed humans in the “Jeopardy!” The feat was supposed to herald a change in the way machines answered questions …
Read More »How Tesla got to the winner’s circle
Tesla Inc.’s stock market crash has made it one of America’s most valuable companies. But in some key ways, the electric car maker is very different from other companies of its size. …
Read More »Congress prepares to question Big Tech with a series of hearings beginning next week
Big Tech is about to be flamed on Capitol Hill once again. The House of Representatives Judicial Subcommittee on Antitrust, Business and Administrative Law said Thursday that it plans to hold a …
Read More »Another year of remote work looms as office reopening plans are delayed
The hardest question for US corporations to answer: When should offices reopen? From Silicon Valley to Tennessee to Pennsylvania, high hopes that a swift launch of the vaccine in early 2021 would …
Read More »The market looks like they are in a bubble. What should investors do now?
For once, everyone seems to agree: the majority of the market feels like it is in a bubble. Many say the valuations have increased because they are at the same level as …
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