The Ratings Game Okta Stock Is A Buy because Software Company Has Generally Happy Customers Analyst Says
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Jefferies boss sells $65mn in stock to buy a customer’s yacht
Purchase shines light on wealth accumulated by longtime chief executive Rich HandlerFinancial Times - Business -
IBM’s stock heads toward its worst day since 2021 after earnings
IBM’s earnings showed continued AI momentum, though overall revenue came in a bit light.MarketWatch - Business -
The costs of buying a home has hit an all-time high: report
It is more expensive than ever to buy a home in the U.S., according to a new report from the real estate company Redfin. The median home price hit a record $383,725 during the four week period ending April 21. That’s up 5.2 percent from a year ...The Hill - Politics -
Amazon Ring customers getting $5.6 million in refunds, FTC says
PayPal payments are being made to 117,044 consumers whose videos may have been accessed by unauthorized users.CBS News - Top stories - Amazon -
The timing may be just right to buy Nvidia or other semiconductor stocks
So far this year, the PHLX Semiconductor Index has increased 8.7% (with dividends reinvested), but it has declined 7.7% in April. Meanwhile, shares of industry star Nvidia Inc. have declined 12% this month.MarketWatch - Business -
Meta stock plunges 15% as company plans to invest heavliy in artificial intelligence
Meta shares plunged more than 15% in extended trading on Wednesday after the company issued a light forecast, which overshadowed better-than-expected first-quarter results.NBC News - Top stories -
Basketball Hall of Fame: Enshrinement ceremony moved to October because of 2024 Paris Olympic Games
The ceremony was previously supposed to be held Aug. 16-17CBS Sports - Sports -
Molson Coors’ gains from the Bud Light boycott have run their course, analysts say
When a conservative-led boycott hit Bud Light’s sales last year, light-beer rival Molson Coors Beverage Co. was among the brewers whose sales increased. But it appears those gains are quickly coming to an end, Citi analysts said Wednesday.MarketWatch - Business -
A new wave of e-commerce disruption could close 45,000 retail stores over the next five years, analysts say
UBS analysts have suggested that e-commerce isn’t done upending brick-and-mortar retail just yet.MarketWatch - Business -
Ukraine is getting a new type of laser-guided bomb that can pummel 'soft' Russian targets, analyst says
Yahoo News - World - Ukraine -
England has highest rates of child alcohol consumption, WHO finds
Global health experts call for curbs on online marketing to protect teens from marketing of ‘harmful products’Financial Times - World -
Cost of buying a home in America reaches a new high, Redfin says
The median mortgage payment jumped to a record $2,843 in April, up nearly 13% from a year ago, a new analysis finds.CBS News - Top stories -
Newgarden stripped of win for software violation
Josef Newgarden's win in IndyCar's season-opening race at St. Petersburg was disqualified Wednesday because Team Penske manipulated its push-to-pass system during the race, making Pato O'Ward the winner.ESPN - Sports -
Oracle's Larry Ellison says planned Nashville campus will be company's 'world headquarters'
Oracle Corp. Chairman Larry Ellison says the business software giant’s planned campus in Nashville, Tennessee, will serve as its world headquarters and place it in a city that's a center of the health care industryABC News - Tech -
Rubrik stock pops 16% in NYSE debut after company prices IPO above range
Rubrik's shares appeared to be attractive to investors that have been starved for new business software names for years.CNBC - Business -
Skechers stock soars 7% after earnings crush estimates and company offers upbeat guidance
Skechers Inc.’s stock soared 7% in after-hours trade Thursday, after the athletic footwear company swept past earnings estimates for the first quarter.MarketWatch - Business -
Amazon said it would let companies use their own generative artificial-intelligence models inside its AI app development platform.
Amazon said it would let companies use their own generative artificial-intelligence models inside its AI app development platform.The Wall Street Journal - World -
2024 NFL Draft: Marvin Harrison Jr. skipped combine, Pro Day because he 'trained to play football instead'
The Ohio State star leaned on advice from his father, Colts legend Marvin HarrisonCBS Sports - Sports - NFL -
Humza Yousaf faces vote of no confidence after ending power sharing with Scottish Greens – UK politics live
First minister says deal ‘has served its purpose’ and is no longer providing stability in parliament . Humza Yousaf, the SNP leader and Scottish first minister, is holding a press conference now.. He says he has been in the post for little more ...The Guardian - World - United Kingdom -
ECB will need more rate cuts if Fed holds back, says policymaker
Head of Italy’s central bank highlights risk of US stance pushing up global borrowing costsFinancial Times - Business - Federal Reserve -
GDP report shows why it’s a fool’s game to bet on the Fed’s interest-rate moves
Buying stocks after the “final rate hike” in a cycle demands perfect timing.MarketWatch - Business -
Google's New Privacy Plan Has Flaws, Regulator Says in Internal Documents
The Information Commissioner’s Office said in a draft report that Google’s proposed replacements for cookies have gaps that advertisers can exploit.The Wall Street Journal - Tech - Google -
Big Tech has split into 3 camps: loved, hated and iffy. Here's where our 8 stocks fit
The divided market, especially in tech, was a major theme in the Club's April Monthly Meeting.CNBC - Business -
BHP has offered to buy Anglo American, a long-time rival with a market capitalization of about $35 billion, in a potential megadeal that could reshape the global mining industry.
BHP has offered to buy Anglo American, a long-time rival with a market capitalization of about $35 billion, in a potential megadeal that could reshape the global mining industry.The Wall Street Journal - World -
Poland's prosecutor general says previous government used spyware against hundreds of people
Poland’s prosecutor general has told the parliament that powerful Pegasus spyware was used against hundreds of people during the former government in PolandABC News - Tech -
West Virginia attorney general says state will appeal ruling on transgender athlete restrictions to Supreme Court
West Virginia plans to ask the U.S. Supreme Court to hear for a second time a case over the state's restrictions on transgender student-athletes, its attorney general said Wednesday. “This is a significant case to bring to the Supreme Court, and ...The Hill - Politics -
Trump Media Analyst Coverage: No Word From the Street
Brokerages that cover other social media platforms aren't reporting on Truth Social's parent company, one of the most traded stocks on Wall Street.Inc. - Business - Donald Trump -
Bank of Canada Officials Split on How Soon Rate Cuts Could Start, Minutes Say
Senior Bank of Canada officials were divided on how soon the central bank could start cutting interest rates, although they agreed cuts should proceed gradually given the risk of inflation reaccelerating, according to a summary of deliberations ...The Wall Street Journal - World -
Stripe co-founder says high interest rates flushed out Silicon Valley's 'wackiest' ideas
Rising interest rates in the past couple of years had a chilling effect on Silicon Valley, but Stripe co-founder John Collison said it was healthy.CNBC - Business -
EU military officer says a frigate has destroyed a drone launched from Yemen's Houthi-held areas
A top European Union top military officer says a frigate that’s part of an EU mission in the Red Sea to protect merchant shipping has destroyed a drone launched from an area in Yemen controlled by Houthi rebelsABC News - World - European Union -
How to start a high-paying side hustle: 'It has to be something that you're actually passionate about,' says expert
There are all sorts of ways to make money on the side. But if you really want to find success, choose something you're passionate about, says Kathy Kristof.CNBC - Business -
‘Everyone was in the streets. I just felt happiness’: Portugal recalls the Carnation Revolution
As the country marks 50 years since the end of fascism, people celebrate the coup’s legacy but say the fight must continue . . . . At 4am on 25 April 1974, Filipe Villard Cortez got the signal. He barricaded the door of the Monte Real air base ...The Guardian - World -
This Famous Harvard Study Reveals the Greatest Predictor of Health and Happiness in 5 Words
Valuable insights from one of the longest happiness studies ever conducted.Inc. - Business -
Knicks vs. 76ers: Tom Thibodeau discusses Game 2 controversy, says he 'knew they couldn't call a foul there'
New York's coach added he's more concerned with the '46-minute report' than the Last Two Minute ReportCBS Sports - Sports - NBA -
Employee stock purchase plans offer 'free money' — but also carry complexity and risk, experts say
If you work for a publicly traded company, you may have access to discounted company shares via an employee stock purchase plan, or ESPP. Here's what to know.CNBC - Business -
ServiceNow rides wave of enterprise AI sales as results top estimates
ServiceNow Inc. is reaping the benefits nearly a year after its push into generative artificial intelligence.MarketWatch - Business -
Monster Beverage cut to sell because it’s ‘no longer…a high growth story’
Analyst Bill Chappell says Wall Street is ‘overoptimistic’ about energy drink maker’s gross margin recoveryMarketWatch - Business -
Why is Oracle moving to Nashville? Because this one industry is thriving there.
The town known as Music City is striking a chord as a tech hub, and Oracle Corp. is about to join the chorus.MarketWatch - Business -
Ring home security customers will get refunds over security-lapse claims
The Biden administration is sending out $5.6 million in refund payments to certain Ring home security system customers after the company settled a federal complaint accusing it of security lapses.NBC News - Top stories -
In Settlement, FTC Sends $5.6 Million in Refunds to Ring Customers
The agency said the Amazon-owned video doorbell and security provider failed to keep personal data safe, leading to "egregious" privacy violations.Inc. - Business