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May 23, 2022

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U.S. tech giants will benefit from the Ukraine war, ad guru Martin Sorrell says

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by CNBC019
CNBC – For more and to sign up click here Martin Sorrell, founder and chairman of media firm S4 Capital, believes the war in Ukraine has the potential to benefit three of America’s biggest tech firms. “I’m very bullish on the tech giants … because the war will have an......
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Robotaxis look like the best short-term bet in autonomous vehicle future

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by CNBC036
CNBC – For more and to sign up click here An Apollo Robotaxi runs at Shougang Park as Baidu launches China’s first driverless taxi service in the city on May 2, 2021 in Beijing, China. He Luqi | Qianlong.com | Visual China Group | Getty Images For years, Alphabet‘s Waymo......
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Tech stocks are mired in their longest weekly losing streak since dot-com bust

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by CNBC031
CNBC – For more and to sign up click here Traders on the NYSE, May 20, 2022. Source: NYSE Tech companies haven’t seen a selloff like since 2001 and the bursting of the dot-com bubble. The Nasdaq declined 3.8% this week, falling for a seventh straight week. It’s the longest......
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Jim Cramer predicts these 5 Charitable Trust holdings will rebound ‘after the smoke clears’

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by CNBC026
CNBC – For more and to sign up click here CNBC’s Jim Cramer on Thursday told investors that he’s optimistic that stocks of “amazing businesses“ will make a comeback once the stock market faces better conditions, highlighting five names in particular. “Over the long haul, I think the best way......
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Investing Club: Here’s how much each company in our portfolio is exposed to China

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by CNBC01
CNBC – For more and to sign up click here Shanghai and Beijing have retained, if not tightened, many Covid-related restrictions on business and travel. In this picture, workers disinfect a residential community on May 11, 2022, in Beijing, China. Beijing Youth Daily | Visual China Group | Getty Images......
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New bipartisan bill would force Google to break up its ad business

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by CNBC036
CNBC – For more and to sign up click here U.S. Senator Mike Lee (R-UT) speaks during the U.S. Supreme Court nominee Judge Amy Coney Barrett’s confirmation hearing before the Senate Judiciary Committee on Capitol Hill in Washington, D.C., October 13, 2020. Demetrius Freeman | Pool | Reuters A new......
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Tesla whale calls for $15 billion stock buyback after share price craters

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by CNBC039
CNBC – For more and to sign up click here Founder and CEO of Tesla Motors Elon Musk speaks during a media tour of the Tesla Gigafactory, which will produce batteries for the electric carmaker, in Sparks, Nevada. James Glover II | Reuters Billionaire Leo Koguan, who claims to be......
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Facebook’s IPO 10 years later — new name, same CEO and a familiar problem

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by CNBC023
CNBC – For more and to sign up click here A decade ago, Facebook told the public markets that it was pouring money into smartphone apps because mobile usage was key to the company’s growth, even though it did “not currently directly generate any meaningful revenue” at the time. That......
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Ford-backed robotaxi start-up Argo AI is ditching its human safety drivers in Miami and Austin

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by CNBC024
CNBC – For more and to sign up click here Argo AI begins driverless operations in Miami and Austin. Courtesy: Argo AI Robotaxi start-up Argo AI said Tuesday it has begun operating its autonomous test vehicles without human safety drivers in two U.S. cities — Miami and Austin, Texas —......
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Google opens new ‘Bay View’ campus that was designed for worker flexibility — here’s what it looks like

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by CNBC034
CNBC – For more and to sign up click here Google executives Michelle Kaufmann and Asim Tahir said the company wanted to design high ceilings, plants and natural light to give the illusion of working outdoors. Jennifer Elias  Google this week is opening its newest campus in Mountain View, California......
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Microsoft CEO Satya Nadella tells employees that pay increases are on the way

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by CNBC03
CNBC – For more and to sign up click here Microsoft CEO Satya Nadella speaks during the Microsoft Annual Shareholders Meeting at the Meydenbauer Center on November 28, 2018 in Bellevue, Washington. Microsoft recently surpassed Apple, Inc. to become the world’s most valuable publicly traded company. Stephen Brashear | Getty......
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You can now ask Google to remove your personal data from its search results—here’s how

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by CNBC034
CNBC – For more and to sign up click here Google is finally making it easier for you to make sure your personal information doesn’t show up in online search results – and all it took was hundreds of thousands of requests over nearly a decade. The Alphabet-owned internet search......
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Alphabet CEO Sundar Pichai on inflation, investing in growth and free speech on the internet

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by CNBC03
CNBC – For more and to sign up click here Google CEO Sundar Pichai said that while consumers are putting the Covid pandemic in the rearview mirror, the economy is clearly a growing concern for the company and the broader market. “We definitely see uncertainty ahead, like everyone else,” Pichai......
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Google teases smart glasses prototype that translates languages in real time

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by CNBC035
CNBC – For more and to sign up click here Google AR glasses prototype Google Google CEO Sundar Pichai on Wednesday teased a pair of smart glasses capable of translating languages in real time. Pichai showed a video demo of the glasses during Google’s I/O developer summit. While they’re still......
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Google announces its first smartwatch, a new budget phone and more

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by CNBC032
CNBC – For more and to sign up click here Google announced several new gadgets during its I/O developer conference on Wednesday, including its long-awaited Pixel Watch, a new budget Pixel 6a phone and headphones. It also teased its flagship Pixel 7 phone, which is coming this fall, and said......
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Target employees at Virginia store file for union election amid a broader labor push at big companies

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by CNBC030
CNBC – For more and to sign up click here A worker delivers an order to a drive up customer at a Target store on August 19, 2020 in Miami, Florida. Joe Raedle | Getty Images Target has joined the growing list of major companies where employees are trying to......
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London is looking to tap the deep pockets of Silicon Valley

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by CNBC036
CNBC – For more and to sign up click here Mayor of London Sadiq Khan hopes to convince U.S. tech firms to invest more in London. Leon Neal | Getty Images Sadiq Khan, the mayor of London, traveled to California as part of a trade mission to try to convince......
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Here’s the buyback and dividend status for each of the 34 stocks in our portfolio

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by CNBC07
CNBC – For more and to sign up click here Since we often talk about buybacks and dividends, we thought it would be helpful to have a Club guide on the offerings from our holdings. Source – Click here for more To Return to the Main Aggregate News Page –......
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Tech giants lost more than $1 trillion in value in the last three trading days

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by CNBC033
CNBC – For more and to sign up click here The world’s largest technology companies have shed over $1 trillion in value in just three trading sessions. Stocks at large have sold off since the Federal Reserve raised its benchmark interest rate on Wednesday, but technology has endured more pain......
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New Peloton CEO will be under harsh scrutiny when the company reports earnings this week

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by CNBC034
CNBC – For more and to sign up click here A woman walks in front of a Peloton store in Manhattan on May 05, 2021 in New York. John Smith | VIEW press | Corbis News | Getty Images Analysts and investors are eager to get to know Peloton Chief......
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