Druckenmiller, Soros, Tepper among investors selling Nvidia in second quarter as tech stocks slumped
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The Hill - Politics
Klobuchar, Warner press tech leaders to take action against election-related disinformation
Democratic Sens. Amy Klobuchar (Minn.) and Mark Warner (Va.) sent a letter to major tech leaders on Tuesday, urging them to take "decisive action" against disinformation related to the 2024 general ...Yesterday -
VentureBeat - Tech
The Sims is getting a film adaptation, among other additions
Electronic Arts plans several expansions to The Sims franchise, including a movie and a shared social network across many experiences.Yesterday -
NBC News - Top stories
Judge rules Trump Media breached stock contract with early investor
Trump Media breached an agreement with one of the investors that helped the company go public, and must grant the investor a larger share of its stock, a judge ruled.Yesterday - Donald Trump -
CNBC - Business
Harris-Trump election has Big Tech 'at a crossroads' after slump in dealmaking
With regulators making it hard for large tech companies to do significant deals, M&A transaction volume in the industry continues to drop.Yesterday - Donald Trump -
CNBC - Business
Judge rules Trump Media breached stock contract with early investor
Donald Trump will soon be free to start selling his DJT shares, but the Republican presidential nominee recently said he will not do so.Yesterday - Donald Trump -
Financial Times - Business
Marlboro maker sells asthma inhaler group at discount after health backlash
Philip Morris pivot from tobacco to healthcare with purchase of Vectura sparked opposition from doctorsYesterday -
MarketWatch - Business
Donald Trump could sell his ‘DJT’ stock after saying he won’t — but that might spark lawsuits
Donald Trump registered his shares for potential sale in April, but the GOP presidential nominee said last week won’t sell when lockup provision ends as early as Friday.Yesterday - Donald Trump -
ABC News - World
Guardian Media Group in talks to sell the Observer newspaper to Tortoise
News publisher Guardian Media Group says it is in talks to sell The Observer newspaper to “slow news” outlet Tortoise MediaYesterday -
MarketWatch - Business
Nvidia’s stock has room to run, but analysts see more upside for six other chip makers
Analysts predict Micron’s stock could nearly double from here, while Marvell and AMD are other favored plays.Yesterday -
GameSpot - Tech
Nvidia CEO Says AI Now Essential for Graphics
Nvidia CEO Jensen Huang has stated that artificial intelligence has become indispensable to modern computer graphics, signaling a major shift in how visual technologies are built. Speaking at the ...Yesterday -
MarketWatch - Business
Deckers stock split takes hold and shares slip
Shares of Ugg and Hoka parent Deckers Outdoor Corp. are down Tuesday after the shoe company’s six-for-one stock split took hold.Yesterday -
The New York Times - Lifestyle
Uncrustables Painting by Noah Verrier Sells for $4,999
Noah Verrier’s painting of a sandwich (minus one bite) sold for $4,999. Accused by some of being too commercial, he said he prefers objects “connected to who we are today.”Yesterday -
MarketWatch - Business
Investors should brace for lower stock-market returns over the next decade, JPMorgan warns
Millennials and Generation Z might not enjoy the robust returns from U.S. stocks that helped swell the retirement accounts of their parents and grandparents, according to a team of equity analysts ...Yesterday -
The New York Times - Business
The Guardian in Talks to Sell The Observer to Tortoise Media
The Observer, first published in 1791, could be bought by Tortoise Media, an outlet founded by a British media veteran that began publishing in 2019.Yesterday -
ABC News - Sports
NHL training camps open with Swayman's status with the Bruins among the many questions
Training camps open around the NHL this week with plenty of questions to answer before the puck drops on the regular season next monthYesterday - NHL -
CNBC - Business
A push toward sustainable jet fuel is leaving investors with unanswered questions
"The truth is, it's going to be more expensive, you can't really sugarcoat that," one producer said.Yesterday -
BBC News - Top stories
'Is it boasting?' Postecoglou defends 'second-season trophy' remark
Tottenham Hotspur manager Ange Postecoglou says his comment about always winning trophies in his second season was "not a boast".Yesterday -
MarketWatch - Business
Polestar’s stock rises as it maintains Nasdaq listing requirements
Polestar Automotive Holding’s stock was up about 1.7% in premarket trading on Tuesday after the electric-vehicle maker said it has satisfied requirements to remain on the Nasdaq.Yesterday -
MarketWatch - Business
Nucor’s stock falls after steelmaker issues profit warning, citing lower selling prices
Nucor’s stock slumped Tuesday after the steelmaker maker warned investors of a third-quarter profit shortfall, as lower selling prices weighed on its steel-mill business.Yesterday -
CNBC - Business
Fed to cut rates by a quarter point with a soft landing expected, according to CNBC Fed Survey
The survey shows 84% of the 27 respondents, including economists, fund managers and strategists, see the Fed cutting by a quarter percentage point.Yesterday - Federal Reserve -
Financial Times - Business
Vanguard experiment in shareholder democracy finds investors prefer to defer
Nearly half of participants in pilot programme allowed to vote their shares chose to let the asset manager do it for themYesterday -
Financial Times - Business
Guardian in talks to sell the Observer newspaper to Tortoise Media
Media start-up pledges to invest £25mn in world’s oldest Sunday newspaperYesterday -
CNBC - Business
Big names like David Tepper and 'Big Short' investor Michael Burry are quietly upping their bets on the Chinese economy
From property woes to sluggish economic data, China appears to be suffering from long Covid.Yesterday -
CNBC - Business
CNBC Daily Open: Rate cuts might not benefit tech the most
Technology stocks benefit the most from low interest rates, conventional market wisdom says. But that might not hold true this cycle.Yesterday -
ABC News - Sports
Barkley's pivotal drop late in 4th quarter burns Eagles in 22-21 loss to Atlanta Falcons
Saquon Barkley had at least a first down, maybe even a touchdown, in his grasp that would have sealed the Eagles’ win in their home openYesterday - NFL -
The Wall Street Journal - Business
Mercedes-Benz Sells out of China EV Maker as Luxury Spending Drops
Mercedes-Benz has sold its remaining 10% stake in premium EV and hybrid maker Denza to BYD in the wake of disappointing sales locally.2 days ago - China -
CNBC - Business
China seeks a homegrown alternative to Nvidia — these are some of the companies to watch
Some of China's giants inclduing Huawei, Alibaba and Baidu are among those trying to create alternative semiconductor tech to Nvidia.2 days ago - China -
ABC News - Entertainment
Percival Everett and Rachel Kushner are among 6 Booker Prize finalists
American writers Percival Everett and Rachel Kushner have been shortlisted for the Booker Prize2 days ago -
ABC News - World
Percival Everett and Rachel Kushner are among 6 Booker Prize finalists
American writers Percival Everett and Rachel Kushner have been shortlisted for the Booker Prize2 days ago -
VentureBeat - Tech
Forge hits 1 million players and reveals new set of Web3 investors
Forge, a platform for community-driven game marketing and engagement, has hit a million registered users and revealed new investors.2 days ago -
Financial Times - World
Why EV investors are tracking Taylor Swift and swing state polls
Investors are betting the US election outcome will have a big impact on sector stocks in Asia2 days ago -
CNBC - Business
Amazon is selling a ton of toilet paper and everyday items. Here’s why that’s a problem for investors
People are ordering more everyday items like paper towels on Amazon. That is hitting its top and bottom lines.2 days ago -
The New York Times - Lifestyle
Kenny Bednarek’s Headbands Help Him Stand Out Among Sprinters
Kenny Bednarek isn’t as flashy as some runners, but his Olympic medals, and a vast collection of anime-themed headbands, make him stand out.3 days ago