The semi surge could soon hit a wall. Chip stocks reached a new all-time intraday high this week, driving the broader technology sector to fresh highs as well. But with the group now sitting at those inflated levels, market watchers are starting to worry that the rally could run out. […]
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Livongo shares surge in market debut as digital health space heats up
Livongo’s founder Glen Tullman Livongo Livongo Health shares surged as much as 62% in their stock market debut on Thursday, the latest sign that public investors are buying into the digital health trend. The company provides diabetes services to large employers, a space that’s attracting big dollars in the quest to ultimately […]
Plant-based eggs land their first major fast food deal
Just Egg Source: Just Plant-based eggs have landed their first big fast-food deal, following in the footsteps of the plant-based burger trend. Canadian coffee chain Tim Hortons is testing JUST Egg at locations in its home market. “Canada is one of the most requested markets for JUST and we’re excited […]
Normally sedate charity lunch with Warren Buffett is turning into bizarre affair this year
Justin Sun Yuchen, founder of Tron and CEO of BitTorrent, speaks during Ifeng Finance Summit at China World Summit Wing on November 4, 2015 in Beijing, China. (Photo by Jiang Xin/VCG via Getty Images) Jiang Xin | VCG | Getty Images Who would’ve thought Warren Buffett‘s charity lunch this year […]
Here’s what major analysts predict will happen with Amazon’s earnings report
Jeff Bezos April Greer | The Washington Post | Getty Images Wall Street is doubling down on Amazon. On the heels of a record setting Amazon Prime Day, analysts are advising clients to buy into the company’s earnings report after the bell on Thursday. Many analysts were near glowing in their […]
Facebook says its privacy push could hurt advertising growth, but analysts aren’t convinced
Facebook founder and CEO Mark Zuckerberg meets Founder and Executive Chairman of Alibaba Group Jack Ma (not pictured), at the China Development Forum in Beijing, China, March 19, 2016. Shu Zhang | Reuters Facebook warned on Wednesday that it expects changes in its ability to target ads to sting later […]
Attorney General William Barr orders first federal executions in nearly two decades
US Attorney General William Barr speaks during the Summit on Combating Anti-Semitism at the Department of Justice in Washington, DC, July 15, 2019. Saul Loeb | AFP | Getty Images The federal government will resume executing death-row inmates after nearly two decades without doing so, the Department of Justice announced […]
No surprise: DOJ won’t bring charges against Barr and Ross after House contempt vote
Attorney General William Barr discussing the counting of citizens in the country and the legal issues surrounding that effort, behind him stands Secretary of Commerce Wilbur Ross, in the Rose Garden at the White House. Michael Brochstein | LightRocket | Getty Images The Justice Department will not bring charges against […]
Relieved analysts praise Facebook’s bang-up results, raise price targets
Mark Zuckerberg, founder and chief executive officer of Facebook Inc., smiles during a news conference at the company’s headquarters in Palo Alto, California, U.S., on Wednesday, Oct. 6, 2010. Brokerages were unanimous in their praise of Facebook Thursday morning after the social media company reported second-quarter profit nearly 6% above […]
There is now a woman board member at every S&P 500 company
The ‘Fearless Girl’ statue stands facing the New York Stock Exchange (NYSE) on January 9, 2019 in New York. Johannes Eisele | AFP | Getty Images Women now have a seat at the table of every S&P 500 company. The last company in the S&P 500 with an all-male board, […]