By Martin Baccardax Microsoft shares reversed course in overnight trading, and helped lift the broader stock market, after it forecast ‘significant’ revenue gains for its key Azure cloud division in the current quarter. Microsoft (MSFT) – Get Microsoft…
Biden Administration Withdraws Covid Vaccination, Testing Rules
By Kirk O’Neil The U.S. Department of Labor’s Occupational Safety and Health Administration on Tuesday said it is withdrawing the vaccination and testing emergency temporary standard that it issued on Nov. 5. The Biden administration is withdrawing its…
Bitcoin, Gold, Silver, and Ethereum Can All Serve as Inflation Hedges
By Ellen Chang Real Money’s Stephen ‘Sarge’ Guilfoyle looks at modern day ways to protect against price surges. Precious metal investors have faced a grueling year as gold prices contracted after two years of gains. In recent days, however, gold and si…
Cramer’s Mad Money Recap 1/25: IBM, American Express, Raytheon
By Scott Rutt Jim Cramer says investors should ignore the averages and buy the stock of companies providing real value in the real economy. Think stocks are too expensive? Think again. Jim Cramer told his Mad Money viewers Tuesday that despite many inv…
Meta-Facebook Has a Giant AI Supercomputer To Shape The Metaverse
By Luc Olinga The machine will help the social media giant to create new services for the virtual world and to better moderate contents on its platforms. Meta (FB) – Get Meta Platforms Inc. Class A Report formerly Facebook, has no intention of letting …
Alibaba Scandal Doing Shareholders No Favors
By Brian O’Connell Corruption probe of party official hitting stock that’s already down sharply, Alex Frew McMillan notes. Long-suffering Alibaba stockholders have been hit again. Alibaba’s (BABA) – Get Alibaba Group Holding Ltd. Report Ant Group affil…
ViacomCBS Has a New Free Streaming Service
By Michael Tedder Can a free streaming news service win an audience in a crowded marketplace? ViacomCBS’ CBS News (VIAB) – Get Viacom Inc. Class B Report has rebranded its streaming platform as CBS News Streaming Network and has plans for a new slate o…
Omicron’s Negative Impact on Economy May Be Fleeting
By Dan Weil Unemployment claims haven’t risen much in recent weeks, and businesses have learned how to deal with the pandemic. The Covid omicron strain is denting the economy this quarter, but the impact may not last too long, economists say. “There ar…
How Regulators Could Slow Big Tech’s Outsized Dominance
By Sean Sechler Meta, Microsoft, Apple, Amazon, Netflix and Google (MAANG) impact almost every person on the planet but regulators could change the narrative. Meta Platforms (FB) – Get Meta Platforms Inc. Class A Report, Microsoft (MSFT) – Get Microsof…
GE Stock Alert: Trading General Electric’s Earnings Dip
By Bret Kenwell General Electric stock is pulling back on earnings. Here are the key levels to know now. Earnings season isn’t off to a great start given the chaos of the stock market, and General Electric (GE) – Get General Electric Company Report isn…