Mindblown: a blog about philosophy.
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Market Rally is gaining momentum, here’s what you need to do; 10 Stocks Blinking Buy Signals
Dow Jones futures were little changed overnight, along with S&P 500 futures and Nasdaq futures, after a strong session before the stock market rally. X Major indices posted sharp gains on Wednesday. Bank fears continue to ebb as Micron technology (MU) offered some hope for a chip low, despite a gloomy report and near-term outlook. […]
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Manchin threatens to sue US Treasury over EV tax credit rules
WASHINGTON, March 29 (Reuters) – Senate Energy Committee Chairman Joe Manchin said on Wednesday he could go to court after the US Treasury Department released guidelines on battery procurement for electric vehicle tax credits later this week. “If it goes off the rails” and goes against the intent of climate legislation passed in August, “I […]
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Judge accuses Google of ‘conspicuously failing’ in remembering chat messages from employees
David Sacks, COO of PayPal’s founder, discusses ChatGPT’s potential and how widespread it could become in “The Claman Countdown.” A federal judge accused Google of “conspicuously failing” to preserve employee chat messages for possible legal evidence, ruling that sanctions were “justified”. The judge wrote in a petition Tuesday that the court “concludes that Google has […]
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Beijing seems to be easing its controls on giants like Alibaba
Alibaba’s sweeping reorganization is seen as a sign that the Chinese government could relax its intense scrutiny of the domestic technology sector. Alibaba founder Jack Ma returned to public engagements, in another welcome sign for investors. China is targeting 5% growth this year, after two years of its economy battered by Beijing’s strict Covid policies […]
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Google’s reorganization into Assistant follows the launch of Bard, the memo says
Google CEO Sundar Pichai speaks onstage at the annual Google I/O developer conference in Mountain View, California, May 8, 2018. Stephen Lam | Reuters Google is rearranging the reporting structure of its virtual assistant unit — called Assistant — to focus more on Bard, the company’s new artificial intelligence chat technology. In a memo to […]
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Disney lays off more than 300 streaming-focused employees in China
Walter Disney Co. DIS 2.16% has laid off more than 300 Beijing employees working on its streaming services, according to people familiar with the situation, as part of a cost-cutting and restructuring effort at the entertainment company. The layoffs in China come after Disney this week began implementing the first wave of cuts in a […]
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Ed Yardeni says the S&P 500 could rise double digits to finish the year at 4,600
Market veteran Ed Yardeni believes the S&P 500 can still post double-digit gains this year despite the banking crisis and fears of a hard landing. “This banking crisis is going to be very well controlled by both the Fed and the FDIC. And at the same time, I think it’s going to keep the Fed […]
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Rupert Murdoch settles many lawsuits. Why not Dominion v. Fox News?
Comment on this story Remark Over a tumultuous decade, Rupert Murdoch’s sprawling media empire wrote more than a few big checks to avoid nasty lawsuits and negative headlines. More than $100 million had been paid to celebrities and crime victims whose phone messages had been hacked by his British tabloids. The $50 million paid in […]
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U.S. battery sourcing guidelines to cut some EV tax credits — official
WASHINGTON, March 29 (Reuters) – The long-awaited guidance from the US Treasury Department regarding battery procurement requirements for electric vehicle tax credits expected by Friday will result in fewer vehicles receiving full or partial credits, a US official told Reuters. In December, the Treasury Department decided not to release its proposed battery procurement guidelines until […]
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