Ratings Game Snowflake Stock Plummets
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Reddit stock charges higher, even as it picks up a neutral rating
Reddit’s stock is continuing its sharp ascent in Tuesday trading, even as an analyst took a sidelined stance on the social-media name.MarketWatch - Business -
Stocks surge after Fed indicates three rate cuts still coming this year
The S&P topped 5,200 for the first time Wednesday after the Federal Reserve said it was still targeting three rate cuts in 2024. Markets had feared hotter-than-expected inflation and jobs data would persuade the Fed to trim its timeline.CNN - Top stories - Federal Reserve -
Reddit investors shrug off hold rating, bid up stock another 9% as post-IPO rally continues
Reddit's post-IPO rally continues, despite the company receiving a hold rating from a prominent analyst.CNBC - Business -
Exclusive: Snowflake teams up with Reka to add multimodal LLMs to data cloud
Snowflake participated in Reka’s $60 million round of funding last year, but it did not confirm if it is increasing its investment with this partnership.VentureBeat - Tech -
My wife and I owe $450,000 on a $1.2 million house with a 3.5% mortgage rate. Our payments will soon increase. Should we pay it off or invest in stocks?
“We are in our late 60s and in good health, and we have a second home worth $900,000 that is fully paid for.”MarketWatch - Business -
AMC Theatres shares plummet as theater chain reels from box office struggles
AMC Entertainment shares fell about 15% shortly after the theater chain indicated that it could sell up to $250 million worth of stock to pad its finances after a period of box office woes.Los Angeles Times - Entertainment -
Observe raises $115M from Sutter Hill, Snowflake Ventures to supercharge data cloud observability
Snowflake, which has seen Observe evolve closely for years, plans to tap the startup’s observability capabilities.VentureBeat - Tech -
The Fed Stays the Course on Rates
Markets are cheering the central bank’s forecast for three interest rate cuts this year. But Fed policymakers are divided on the issue.The New York Times - Business - Federal Reserve -
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BoE rate-setter warns against rushing to cut interest rates
Comments come after governor Andrew Bailey last week said interest rate cuts were ‘in play’Financial Times - World -
Dow Industrials, S&P 500 Dip to Start Week
Stocks were mostly lower as chip makers came under pressure, after a report that China plans to phase out U.S.-made microprocessors in government computers and servers.The Wall Street Journal - World -
Trump Returns to Stock Market With Truth Social Listing
The former president’s Truth Social will begin trading Tuesday on Nasdaq.The Wall Street Journal - World - Donald Trump -
UK stocks are not all that cheap
A bargain in the aggregate, not the particularFinancial Times - Business - United Kingdom -
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These Mobile Games are For the Birds
How do you design an app for a parrot? Consider games that are “made to be licked,” a new study suggests.The New York Times - Tech -
Is this a must-win game for the Sabres?
Buffalo still has a playoff chance -- but must string together many more wins. Plus, updated playoff projections.ESPN - Sports -
The mind behind the 'Doped Games'
The Enhanced Games has been derided as "a clown show" and "borderline criminal". But their founder and his backers believe in a future few have foreseen.BBC News - Top stories -
Why auto insurance rates are skyrocketing in the U.S.
The average annual premium for full coverage auto insurance in the U.S. rose 26% from 2023 to 2024, according to Bankrate.CNBC - Business -
Fed Rate Outlook Looks Just Right for Banks
Banks look forward to relief on deposit costs but have no desire to go back to zero rates.The Wall Street Journal - World - Federal Reserve -
Fed’s Goolsbee expects three rate cuts this year
Chicago Fed President Austan Goolsbee said Monday he now expects three quarter-point interest rate cuts this year.MarketWatch - Business -
An interesting disconnect in US rate-cut expectations
Economists and the Fed think similar things on what will happen to the US economy. So why is there a big gap in their expectations for interest rates?Financial Times - World -
Bankers jailed for interest rate rigging lose appeal
Tom Hayes and Carlo Palombo, convicted for manipulating a key interest rate, have had their appeals dismissed.BBC News - Top stories -
Legal action only option, says defective flat owner
The BBC has seen an interim report that found 'understrength concrete' was used in construction.BBC News - Top stories -
Mellman: My apologies — and a rise in Biden’s approval rating
President Biden’s approval rating actually increased by 2 points in the wake of this SOTU, better than the average increase of zero.The Hill - Politics - Joe Biden -
Mortgage demand stalls, even as interest rates moderate
The usually busy spring housing market is underway, but mortgage demand isn't moving.CNBC - Business - Mortgage -
How do interest rates affect me?
Bank of England interest rates have an impact on the mortgage, loan and savings rates for millions of people.BBC News - Top stories -
Stocks Finish Lower, Led by Nasdaq
U.S. stocks finished lower, with the S&P 500 creeping further from its recent record highs.The Wall Street Journal - World -
Is the stock market open on Good Friday?
The Treasury market closed early on Thursday, March 28MarketWatch - Business -
U.S. Stocks Snap Losing Streak
U.S. stocks rallied following three days of losses as investors were looking for a soft landing for the economy ahead of expected rate cuts later this year.The Wall Street Journal - World -
Stocks Advance to Break Losing Streak
The S&P 500 is little changed on the week but heading for a spectacular first quarter.The Wall Street Journal - World -
The hunt for good-value UK stocks
As bidders circle undervalued London-listed companies, are there really bargains for private investors?Financial Times - World - United Kingdom -
Independent Games Festival starts with sober message on game industry layoffs
The Independent Games Festival opened on a sober note in recognition of layoffs in the game industry.VentureBeat - Tech -
Save On Games, Consoles, And Accessories In Woot's Month-Long Video Game Sale
Dozens of video games, consoles, and gaming accessories are on sale during limited-time Video Game Favorites at the Amazon-owned online retailer Woot. The sale includes new releases like Princess Peach: Showtime! for $50 (was $60) and hardware ...GameSpot - Tech -
NetEase Games and Marvel Games unveil PvP superhero shooter Marvel Rivals
Marvel superheroes and villains will dive into 6v6 multiplayer battles in Marvel Rivals, the latest collaboration between NetEase Games and Marvel.VentureBeat - Tech -
Wargaming cofounder launches Mika Games to invest up to $50M in mobile games
Wargaming cofounder Nick Katselapov has launched Mika Games, a gaming investment сompany that aims to invest $50 million in mobile game studios.VentureBeat - Tech -
Shifty Eye Games raises $580K and appoints gaming luminaries as advisers
Shifty Eye Games has raised $580,500 in funding from Canadian government groups and recruited a trio of game industry veterans as advisers.VentureBeat - Tech -
Predictions roundtable: How to bet the women's games on Monday
Our experts look at Monday's matchups and detail their favorite upsets, picks against the spread, point total bets and more.ESPN - Sports -
Former Gaming Executive Sentenced To Death
A former gaming executive has been sentenced to death in China for poisoning the founder of Chinese gaming company Yoozoo Games. This story also connects to the recently released Netflix series 3 Body Problem from the creators of Game of Thrones.. ...GameSpot - Tech -
Next Borderlands Game In "Active Development"
As part of the wider announcement that Take-Two has acquired Gearbox from Embracer, Take-Two announced that Gearbox is now in "active development" on the next Borderlands title.. In February this year, Gearbox founder and CEO Randy Pitchford ...GameSpot - Tech -
Reddit Stock Surges on Its First Day of Trading
The home of memestocks is now publicly traded on the New York Stock Exchange as RDDT, in the first major social media IPO in five years.Wired - Tech