By Tony Owusu If the tech giant doesn’t invest now, it could lose a major toehold in the market. Between Web3, NFTs, the blockchain and the metaverse, tech companies have a lot of work to do to bring the next generation of technology into the fold. Now…
Airbnb Aiming To House 100,000 Refugees Fleeing Ukraine
By Veronika Bondarenko “We need help to meet this goal,” co-founder and CEO Brian Chesky wrote on Twitter. As Russian troops continue to advance into Ukraine, Airbnb (ABNB) – Get Airbnb, Inc. Class A Report has offered to cover temporary housing for up…
Youngest Workers Receive Biggest Wage Increases
By Dan Weil Workers, ages 16 to 24, saw a median wage increase of 10.6% in the 12 months through January, compared to 4% for workers overall. Youth has an advantage over age in a multitude of ways, and now you can add rate of salary increases to the li…
Canada Bets Big on Tesla, a Little Less on GM
By Luc Olinga A major Canadian pension fund has made its choice between carmakers Tesla and GM, which are in the thick of the race for electrification. Tesla (TSLA) – Get Tesla Inc Report and General Motors (GM) – Get General Motors Company Report are …
NFL Sunday Ticket Likely Leaving DirecTV for Amazon or Apple
By Michael Tedder Several of the big streaming services are all vying to carrying the game-day package. NFL Sunday Ticket has been a page of football fan’s lives since 1994. If you don’t live in your favorite team’s town anymore, or if your local TV di…
Zoom Video Earnings Preview: Buy or Sell the Results?
By Bret Kenwell Zoom Video stock will be in focus after the close on Monday when the company reports earnings. Here are the levels to know now. The situation in growth stocks has been harrowing lately. In the case of Zoom Video (ZM) – Get Zoom Video Co…
Apple Isn’t Samsung’s Only Big Problem
By Tony Owusu Samsung is competing with big players in tech for top talent. It’s looking like more money equals more problems for Samsung (SSNLF) . The South Korean electronics maker posted record revenue of $233 billion in 2021, an 18% increase over t…
Cathie Wood Watch: Ark Sells Palantir Stock, Buys Tesla
By Dan Weil Asset manager Cathie Wood had been regularly unloading Palantir. On Friday she sold the last of the software company’s shares held in three Ark funds. Investment manager Cathie Wood, chief executive of Ark Investment Management, continues t…
Stock Market Today-2/28: Russia Sanctions Slam Ruble, Roil Global Stocks, Oil Prices
By Martin Baccardax A harsh series of weekend sanctions has markets in retreat around the world Monday, with ruble plunging to an all-time low against the U.S. dollar. U.S. equity futures slumped lower Monday, while oil prices tested fresh 2014 highs a…
Impostor Scams Are Up: How to Protect Yourself or a Loved One
By Jeanette Pavini Prizes, sweepstakes, and lotteries, along with business and job opportunities are the most common bait used to rip off consumers, especially older consumers. Here’s a staggering number: reported fraud losses in the U.S. in 2021 incre…