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January 28, 2022

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Millennials lead shift away from organized religion as pandemic tests Americans’ faith

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CNBC – For more and to sign up click here It’s not uncommon for people to seek God during times of hardship. However, the opposite appears to have happened during the coronavirus pandemic, with more Americans leaving organized religion. A Pew Research Center survey, released earlier this month, found 29%......

Alphabet was the top Big Tech stock of the year — here’s why

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CNBC – For more and to sign up click here Sundar Pichai, CEO of Alphabet, in Brussels, Belgium, on Jan. 20, 2020. Geert Vanden Wijngaert | Bloomberg | Getty Images Alphabet is on the verge of wrapping up its best year from an investment perspective since 2009, and has proven......

Instagram surpasses 2 billion monthly users while powering through a year of turmoil

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CNBC – For more and to sign up click here Instagram CEO Adam Mosseri testifies at a US Senate hearing in Washington, DC, on December 8, 2021. Brendan Smialowski | AFP | Getty Images Instagram’s addictive content has U.S. lawmakers so concerned that Adam Mosseri, CEO of the social media......

The biggest bear on tech IPOs has no regrets about his bad calls: ‘Crazy stuff happens’

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CNBC – For more and to sign up click here New Constructs CEO David Trainer New Constructs Just before Sweetgreen held its IPO last month, research firm New Constructs came out with a particularly gloomy price target on the salad restaurant chain: $0. The offer price was $28. A week......

Dead Roombas, stranded packages and delayed exams: How the AWS outage wreaked havoc across the U.S.

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CNBC – For more and to sign up click here Packages move along a conveyor at an Amazon fulfillment center on Cyber Monday in Robbinsville, New Jersey, U.S., on Monday, Nov. 29, 2021. Michael Nagle | Bloomberg | Getty Images Robotic vacuum cleaners couldn’t be summoned. Whole Foods orders were......

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......

TikTok usage surpassed Instagram this year among kids aged 12 to 17, Forrester survey says

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CNBC – For more and to sign up click here Adam Mosseri speaks onstage at the WIRED25 Summit 2019 – Day 1 at Commonwealth Club on November 08, 2019 in San Francisco, California. Matt Winkelmeyer | Getty Images TikTok usage is spiking among young Americans at the expense of Instagram,......

Apple’s ad privacy change impact shows the power it wields over other industries

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CNBC – For more and to sign up click here Tim Cook, chief executive officer of Apple Inc., speaks during the Apple Worldwide Developers Conference (WWDC) in San Jose, California, U.S., on Monday, June 4, 2018.  David Paul Morris | Bloomberg | Getty Images The impact of Apple’s privacy change......

More catalogs, TV and celebrity pitches: Retailers rethink holiday ads amid digital marketing upheaval

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CNBC – For more and to sign up click here Denis Charlet | AFP | Getty Images It’s not just raw materials, transportation and labor expenses that are rising. Retailers are also facing climbing digital ad costs. The challenge is: Will it be worth the extra money? Last year —......

Pinterest beats on earnings and revenue even as monthly user number drops

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CNBC – For more and to sign up click here Benjamin “Ben'” Silbermann, co-founder and chief executive officer of Pinterest. Patrick T. Fallon | Bloomberg | Getty Images Pinterest on Thursday reported better-than-expected earnings and revenue for the third quarter despite a decline in monthly users. The company’s stock rose 6%......

Meta introduces new ways for creators to make money using Facebook Groups

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CNBC – For more and to sign up click here Facebook CEO Mark Zuckerberg Chesnot | Getty Images News | Getty Images As Mark Zuckerberg pursues a future in the metaverse, he has to count on his existing business — Facebook — to provide the capital to get him there.......

Amazon badly misses on earnings and revenue, gives disappointing fourth-quarter guidance

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CNBC – For more and to sign up click here Amazon shares dropped more than 5.1% in extended trading on Thursday after the company reported weaker-than-expected results for the third quarter and delivered disappointing guidance for the critical holiday period. Earnings: $6.12 vs $8.92 per share expected, according to analysts surveyed......

Alphabet and Microsoft rise to records after quarterly earnings beat estimates

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CNBC – For more and to sign up click here Alphabet CEO Sundar Pichai gestures while speaking during a discussion on artificial intelligence at the Bruegel European economic think tank in Brussels, Belgium, on Jan. 20, 2020. Geert Vanden Wijngaert | Bloomberg | Getty Images Shares of Alphabet and Microsoft......

Twitter shares tumble after a weak report on U.S. user growth and analyst price cuts

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CNBC – For more and to sign up click here Jack Dorsey creator, co-founder, and Chairman of Twitter and co-founder & CEO of Square speaks on stage at the Bitcoin 2021 Convention, a crypto-currency conference held at the Mana Convention Center in Wynwood on June 04, 2021 in Miami, Florida.......

Twitter shares rise after company says Apple privacy changes had less of an impact than expected on third-quarter results

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CNBC – For more and to sign up click here Jack Dorsey creator, co-founder, and Chairman of Twitter and co-founder & CEO of Square speaks on stage at the Bitcoin 2021 Convention, a crypto-currency conference held at the Mana Convention Center in Wynwood on June 04, 2021 in Miami, Florida.......

Alphabet reports third-quarter earnings after the bell

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CNBC – For more and to sign up click here Google CEO Sundar Pichai speaks during the Google I/O keynote session at Shoreline Amphitheatre in Mountain View, California on May 7, 2019. Josh Edelson | AFP | Getty Images Alphabet will report third-quarter earnings after the bell. Here’s what Wall......

Facebook beats on earnings despite revenue miss

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CNBC – For more and to sign up click here Facebook Chairman and CEO Mark Zuckerberg testifies at a House Financial Services Committee hearing in Washington, October 23, 2019. Erin Scott | Reuters Facebook shares rose in extended trading on Monday after the company reported better-than-expected third-quarter earnings while revenue missed......

House Republicans demand internal research from Snap, TikTok and YouTube on teen mental health

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CNBC – For more and to sign up click here Republican Conference Chair Cathy McMorris Rodgers, R-Wash. Bill Clark | CQ-Roll Call Group | Getty Images House Republicans are asking Snap, TikTok and Google’s YouTube for internal research on how their products affect teens’ mental health, in letters to be......

‘Buckle your seatbelts’ because earnings will start to disappoint, long-term bull Art Hogan warns

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CNBC – For more and to sign up click here Earnings season may turn an ugly corner. Long-term bull Art Hogan warns a storm of disappointing corporate guidance and missed revenue targets is ahead. “Buckle your seatbelts,” the National Securities’ chief market strategist told CNBC’s “Trading Nation” on Friday. “This......

Big Tech earnings in the week ahead could test stocks’ recent rally

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CNBC – For more and to sign up click here Traders on the floor of the New York Stock Exchange (NYSE) in New York, on Wednesday, Aug. 11, 2021. Michael Nagle | Bloomberg | Getty Images An earnings avalanche is coming in the week ahead that could put the stock......

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