The Ratings Game Salesforce Has Fallen into Growth Purgatory Analyst Writes in Downgrading Stock
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Shopify is tightening up on hiring. One analyst likes the stock more as a result.
“We believe investor expectations have over corrected,” Morgan Stanley analysts say.MarketWatch - Business -
Interest Rates, Geopolitical Tensions Keep U.S. Stocks Gloomy
U.S. stock indexes mostly fell as corporations face the threat of high interest rates for longer.The Wall Street Journal - World -
Fed’s Goolsbee says progress on inflation has stalled, makes sense to wait on interest rates
Chicago Fed president “hopeful” we will get improvement on inflation.MarketWatch - Business - Federal Reserve -
Bitcoin evangelist Michael Saylor has made $370 million from MicroStrategy stock sales this year
Following a share-sale plan executed last year, MicroStrategy founder Michael Saylor has profited handsomely from unloading stock in 2024.CNBC - Business - Crypto -
Netflix’s stock has worst day in two years as its ‘rite of passage’ gets panned
Other tech companies have pulled back on financial disclosures as they’ve grown, and now Netflix will do the same.MarketWatch - Business - Netflix -
Massive AI Growth Outpacing U.S. Power Capacity
Tech leaders and electricalgrid executives lament the obstacles to connecting power-draining data centers to utility networks.Inc. - Business -
Don't Compete--Collaborate. How Cannabis Partnerships Are Driving Growth
Entrepreneurs behind fast-growing cannabis companies share how they're growing their brands, and their industry, together.Inc. - Business -
TSMC Shares Fall After Downgrading 2024 Global Chip Outlook
Shares of Taiwan Semiconductor Manufacturing fell sharply as investors’ worries about the chip maker’s cautious outlook for the industry eclipsed its upbeat first-quarter financial results.The Wall Street Journal - Tech -
Israel downgraded by S&P Global just ahead of retaliatory attack on Iran
S&P dropped Israel’s sovereign credit rating by one notch to A+ from AA-, with the outlook negative, hours before signs of fresh tensions between that country and Iran.MarketWatch - Business - Iran -
Taylor Swift uses metaphors to write catchy lyrics, a tactic effective communicators leverage to tell their story.
Metaphor is a powerful communication weapon.Inc. - Business -
Constellation Brands moves itself further away from cannabis grower Canopy Growth’s business
Alcoholic-beverage giant Constellation Brands Inc. on Thursday announced a number of moves intended to further wash its hands of the struggling Canadian cannabis producer Canopy Growth Corp., following a multibillion-dollar investment in the pot ...MarketWatch - Business -
The radical repricing of US interest rates
Financial markets and the Fed are searching for a convincing economic storyFinancial Times - World -
CNN analyst: Alternate hush money jurors will be needed in case others are ‘freaked out’
CNN senior legal analyst Elie Honig said late Thursday that he thinks alternate jurors will be needed to reach a verdict in former President Trump’s hush money trial, because others may "get freaked out” and want to be dismissed. “Jurors get sick, ...The Hill - Politics -
CNN analyst warns of ‘civil unrest across the country’ if Trump jailed for gag order violation
CNN analyst Mark Preston said he thinks if former President Trump is jailed for violating the gag order in his hush money trial, there would be “civil unrest across the country” and it would help him in the polls. Preston joined CNN’s Jim Acosta ...The Hill - Politics - Donald Trump -
Nissan cut its net profit estimate for the fiscal year, missing analysts' expectations, as it sold fewer cars than expected.
Nissan cut its net profit estimate for the fiscal year, missing analysts’ expectations, as it sold fewer cars than expected.The Wall Street Journal - World -
Playing a shell game on aid to Ukraine
Conservatives should oppose sending any more aid to Ukraine until President Biden presents a plan to end the war and Congress comes up with an honest, fiscally responsible way to ensure that our aid is responsibly distributed.The Hill - Politics - Ukraine -
US interest rate setter says 'no hurry' to cut
A key member of the US central bank, Raphael Bostic, tells the BBC rates might only ease "at the end of 2024".BBC News - Top stories -
Tips for buying a home as mortgage rates climb
Mortgage rates soared to their highest level of the year this week, according to Mortgage News Daily. Holden Lewis, a home and mortgage reporter for NerdWallet, joins CBS News with tips on buying a home.CBS News - Top stories - Mortgage -
Rate-cut expectations give way to questions about a Fed hike — and how much higher interest rates should go
Portfolio managers, economists, and Federal Reserve policy makers are all asking the same question: Are U.S. interest rates, now at a 23-year-high of 5.25% to 5.5%, high enough?MarketWatch - Business - Federal Reserve -
Spring games: Intriguing newcomers, position battles
Newcomers and breakout players look to make a name for themselves, while others fight for a starting position role.ESPN - Sports -
18 Best Keyboards for PC (2024): Gaming and Work
Whether you’re looking to boost your productivity or your Fortnite stats, these are the top typing peripherals for the job.Wired - Tech -
An attack on women that has devastated Australia
The stabbing rampage at a busy Sydney shopping centre has left many - particularly women - fearful.BBC News - Top stories - Australia -
Stock Market Set for Longest Losing Streak in Months
A rally at the start of the year has given way to worries on Wall Street about economics and geopolitics.The New York Times - Top stories -
Democrats back Republican Speaker’s plan to advance US aid to Ukraine
Move sets stage for Saturday vote that could unlock $60bn in support for KyivFinancial Times - Business - Ukraine -
Mortgage rates are now at the highest level of the year and could still climb
The average rate on the popular 30-year fixed mortgage crossed over 7% on April 1, according to Mortgage News Daily, and it just kept going.NBC News - Top stories - Mortgage -
S&P Cuts Israel's Credit Ratings on Geopolitical Concerns
S&P Global Ratings lowered its long-term foreign and local currency sovereign credit ratings on Israel to A-plus from AA-minus, citing geopolitical risks.The Wall Street Journal - World - Israel -
Liverpool ratings: Salah gets 6/10 in elimination to Atalanta
Mohamed Salah was able to get his goal but Liverpool wasn't able to do enough as they were eliminated from the Europa League at the hands of Atalanta.ESPN - Sports -
S&P Cuts Israel Rating on Heightened Geopolitical Risk
Yahoo News - World - Israel -
U.S. Mortgage Rates Jump Above 7% for the First Time This Year
Rates on 30-year mortgages — the most common kind among U.S. homeowners — surpassed the 7 percent mark on Thursday, a troublesome sign for an already tight housing market.The New York Times - Business - Mortgage -
Why the Fed Should Declare Victory and Cut Interest Rates
Small-business owners are being punished by the central bank's data obsession. It needs to focus less on CPI numbers and more on boosting the economy.Inc. - Business - Federal Reserve -
Fed’s Goolsbee says ‘more sniffing’ may be needed before rate cuts
Federal Reserve Bank of Chicago president Austan Goolsbee on Friday said "more sniffing" is needed before the Fed can cut interest rates. Here's what to know.CNBC - Business -
Mortgage rates top 7 percent for first time in 2024
Mortgage rates topped 7 percent for the first time this year, according to data released Friday by Freddie Mac. The average 30-year fixed-rate mortgage rose to 7.1 percent this week, up from 6.88 percent the week before. “As rates trend higher, ...The Hill - Politics - Mortgage -
Fed's Global Detractors Grumble as Central Bankers Debate Rate Cuts
Fed president say arate cutmight happen this September, or maybe not. At the IMF meeting, other finance chiefs tryto keep up with the shifting sands of U.S. monetary policy.Inc. - Business - Federal Reserve -
Nvidia drops 10% as investors see risk in Big Tech shares
US stock markets suffer their worst run since October 2022 as investors pull back from AI betsFinancial Times - Business -
Inflation, Interest Rates and Oil Prices Have Jolted the Markets
Euphoria has been replaced by a much more somber mood, changing the value calculations in a host of markets, our columnist says.The New York Times - Business -
Warning jailed bankers ruling could hit loan rate
Euribor underpins trillions of euros in loans and tracks the rate banks pay to borrow cash from each other.BBC News - Top stories -
Kerr humbly admits he needs to rediscover his A-game next season
Steve Kerr is the first to admit that he needs to do a better job of implementing and teaching his complex Warriors system.Yahoo Sports - Sports -
Report: Zion out for Kings-Pelicans play-in tournament game
Pelicans star forward Zion Williamson reportedly will miss Friday's NBA Play-In Tournament game against the Kings.Yahoo Sports - Sports -
Sandbox VR will make social VR game for Zack Snyder’s Rebel Moon
Sandbox VR announced it has teamed up with Netflix again to create an immersive social virtual reality experience based on Rebel Moon.VentureBeat - Tech -
Success of Fallout proves video game adaptations have gone mainstream
As the show becomes a global hit and is renewed for a second season, experts say game adaptations are the new superhero movies. In the first few days of its release, Fallout – the Prime Video adaptation of the post-apocalyptic video game franchise ...The Guardian - World