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November 27, 2021

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Stocks making the biggest moves before the bell: Delta, Moderna, Zoom Video, Microsoft & more

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CNBC – For more and to sign up click here A Delta airlines aircraft landing from Los Angeles at Kingsford Smith International airport on October 31, 2021 in Sydney, Australia. James D. Morgan | Getty Images Check out the companies making headlines before the bell Friday: Travel and leisure stocks......

Jim Cramer says buy these best-of-breed tech stocks first as Nasdaq gets hit

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CNBC – For more and to sign up click here CNBC’s Jim Cramer on Tuesday laid out a strategy for equity investors who are trying to navigate this week’s Nasdaq Composite slide. The tech-heavy index has fallen 1.76% through the first two trading days, compared with the Dow Jones Industrial......

Sports fans are being sidelined as local hoops and hockey networks fight the decay of pay TV

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CNBC – For more and to sign up click here Nikola Jokic #15 of the Denver Nuggets shoots the ball during the game against the San Antonio Spurs during Game Five of Round One of the 2019 NBA Playoffs on April 23, 2019 at the Pepsi Center in Denver, Colorado.......

These smart glasses offer a glimpse at the future Apple and Facebook are planning

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CNBC – For more and to sign up click here Avegant, a start-up in San Mateo, California, has built an LED light-engine that could enable device manufacturers to build small, stylish augmented-reality smart glasses. Courtesy of Avegant I recently tried a pair of prototype smart glasses from Avegant that gave......

There’s a lot of financial aid available to women pursuing STEM careers

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CNBC – For more and to sign up click here Women are significantly underrepresented in STEM professions and for the few who are pursuing science, technology, engineering or math careers – there are a lot of financial challenges. That’s why a lot of companies and organizations are offering scholarships and......

Illinois paid $694 million to keep nuclear plants open, showing why greening the grid is so hard

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CNBC – For more and to sign up click here Byron, UNITED STATES: The Exelon Byron Nuclear Generating Stations running at full capacity 14 May, 2007 in Byron, Illinois, is one of 17 nuclear reactors at 10 sites in three US states, is the nation’s largest operator of commercial nuclear......

Pentagon asks Amazon, Google, Microsoft and Oracle for bids on new cloud contracts

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CNBC – For more and to sign up click here Andy Jassy, chief executive officer of Amazon.Com Inc., during the GeekWire Summit in Seattle, Washington, U.S., on Tuesday, Oct. 5, 2021. David Ryder | Bloomberg | Getty Images The U.S. General Services Administration said Friday that the Defense Department has......

‘Criminals love buy now, pay later’: How fraudsters exploit popular interest-free payment plans

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CNBC – For more and to sign up click here The Klarna logo displayed on a phone screen. Jakub Porzycki | NurPhoto | Getty Images LONDON — Buy now, pay later services aren’t just popular among consumers. They’re also proving to be a hit with criminals. Fraudulent activity is on......

Text-checking software maker Grammarly is worth $13 billion in latest funding round

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CNBC – For more and to sign up click here Grammarly CEO Brad Hoover. Grammarly Grammarly, a start-up whose software highlights issues as people write in its web app and other programs, said Wednesday that it sports a $13 billion valuation after taking on $200 million in new funding from......

Bill Gates’ TerraPower aims to build its first advanced nuclear reactor in a coal town in Wyoming

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CNBC – For more and to sign up click here Kemmerer, Wyoming, is a frontier coal town. It was organized in 1897 by coal miners and still employs people in the coal and natural gas industries today. Photo courtesy TerraPower TerraPower, a start-up co-founded by Bill Gates to revolutionize designs......

Nvidia data center sales grew 55% on demand for artificial intelligence chips

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CNBC – For more and to sign up click here Nvidia stock rose over 3% after the reported earnings on Wednesday for its third fiscal quarter that beat expectations for both earnings and sales. The company also issued a bullish forecast for revenue in the current quarter ending in January.......

Senate confirms Big Tech critic Jonathan Kanter to lead DOJ Antitrust Division

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CNBC – For more and to sign up click here Antitrust attorney Jonathan Kanter testifies before the Senate Judiciary Committee October 6, 2021 in Washington, DC. Win McNamee | Getty Images The Senate voted 68-29 on Tuesday to confirm Jonathan Kanter as Assistant Attorney General of the Department of Justice’s......

Google’s pursuit of military cloud deal was among top issues at last week’s all-staff meeting

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CNBC – For more and to sign up click here Thomas Kurian, chief executive officer of cloud services at Google LLC, speaks during the Google Cloud Next ’19 event in San Francisco, California, U.S., on Tuesday, April 9, 2019. The conference brings together industry experts to discuss the future of......

The metaverse is investable — and it’s going to be big, says tech billionaire

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CNBC – For more and to sign up click here A man demonstrates the uSens Inc. Impression Pi virtual reality and augmented reality interactive device at CES Unveiled, a media preview event for CES International, Monday, Jan. 4, 2016, in Las Vegas. John Locher | AP The so-called metaverse has......

Top tech investor Paul Meeks won’t put new money to work in Apple and other FAANG names, blames chip shortage that could extend through 2023

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CNBC – For more and to sign up click here The hunt for a new phone or car may get more stressful. Investor Paul Meeks warns Wall Street is underestimating the semiconductor shortage. He believes it’ll take years instead of months to get resolved. “This might be a problem that......

Neal Stephenson on his new geoengineering climate change thriller and coining the term ‘metaverse’

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CNBC – For more and to sign up click here Neal Stephenson Source: Mercatus Center at George Mason University Author Neal Stephenson shot to fame almost 30 years ago with the science-fiction novel “Snow Crash,” which envisioned a future dominated by mega-corporations and organized crime, competing for dominance in both......

Portland Trail Blazers CEO Chris McGowan resigns amid workplace investigation involving top basketball executive

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CNBC – For more and to sign up click here Portland Trail Blazers President and CEO Chris McGowan speaks to reporters. Sam Forencich | NBAE | Getty Images Portland Trail Blazers executive Chris McGowan is resigning as CEO, the team announced on Friday. The Blazers said chief commercial officer Dewayne......

Backblaze takes opposite IPO route to Rivian, going public on small valuation and minimal funding

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CNBC – For more and to sign up click here Gleb Budman, co-founder and CEO of Backblaze, center, appears in New York for the company’s Nasdaq debut on Nov. 11, 2021. Source: Backblaze Electric-vehicle maker Rivian Automotive, which has almost no revenue, dominated the headlines this week after raising close......

Stock futures are flat after sell-off induced by hot inflation data

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CNBC – For more and to sign up click here A trader works on the floor of the New York Stock Exchange (NYSE) November 8, 2021. Brendan McDermid | Reuters U.S. stock futures were steady in overnight trading on Wednesday following a tech-driven sell-off on Wall Street. Dow futures fell......

AMD shares jump after company wins Meta partnership, announces new chips

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CNBC – For more and to sign up click here Lisa Su, president and chief executive officer of Advanced Micro Devices Inc. (AMD), presents the AMD Ryzen 4000 series chip during an AMD press event at CES 2020 in Las Vegas, Nevada, U.S., on Monday, Jan. 6, 2020. Bridget Bennett......

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