Internet/online services

Biden finalized his plan to rein in Big Tech. Big Tech wasn’t invited.

President Joe Biden’s administration issued a checklist of actions needed to rein in Big Tech on Thursday, after a roundtable “listening session” on issues within the technology industry. But administration officials were not “listening” to the companies that are the targets of many of the desired actions — Google parent Alphabet Inc. GOOGL, +2.09% GOOG, …

Biden finalized his plan to rein in Big Tech. Big Tech wasn’t invited. Read More »

Robinhood users buy and hold companies ‘they know, understand and believe in for the long-term.’ Here are their favorite stocks.

Tech companies, electric-vehicle makers and some meme stocks are part of the aggregate mix of equities inside the portfolios of Robinhood users, according to a new index from the brokerage app geared at new investors. These are stocks like Amazon AMZN, +2.66%, Microsoft MSFT, +2.30%, Tesla TSLA, +3.60%, Apple AAPL, +1.88%, Ford Motor Company F, …

Robinhood users buy and hold companies ‘they know, understand and believe in for the long-term.’ Here are their favorite stocks. Read More »

‘The Lord of the Rings: The Rings of Power’ vs. ‘House of the Dragon’ showdown

‘The Lord of the Rings: The Rings of Power’ vs. ‘House of the Dragon’ showdown It’s a fun time to be a high-fantasy fan, as big-budget, small-screen adaptations from both “The Lord of the Rings” and the “Game of Thrones” universes will be streaming for the next two months. Amazon AMZN, +0.83% is betting big …

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These 3 stocks sectors might be the place to be even if the market ‘gets end of the world bearish’.

As stocks look ready to try again for a post-Powell pick-me-up, caution is in the air, with preaching by some big banks. No doubt some may be looking even closer down the road, when bigger institutional traders may potentially return from vacations to size up the market after that hawkish Fed blow. our call of …

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Here’s everything new to Netflix in September 2022 — and what’s leaving

After a blockbuster summer, Netflix’s release schedule is easing up a bit in September, though it will have new seasons of some fan favorites and at least one potential Oscar-contending original movie. “Cobra Kai” (Sept. 9), the popular “Karate Kid” spinoff, returns its fifth season, with Daniel (Ralph Maccio) and Johnny (William Zabka) joining forces …

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Streaming viewership outpaced broadcast, cable for first time ever in July

NEW YORK — This summer has been a breakthrough for streaming, with the time viewers spent watching services like Netflix and Hulu outpacing broadcast and cable television networks in July for the first month ever. Viewers spent 35% of their time with streamers, 34% on cable networks and 22% watching broadcast television last month, the …

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Here’s what else besides Disney that hedge fund Third Point loaded up on recently

Activist investor Daniel Loeb’s Third Point LLC has bought new stakes in T-Mobile US Inc. and Colgate Palmolive Co. , and sold off holdings on EV maker Rivian Automotive Inc. and Amazon.com Inc., among other investment decisions, according to a filing late Monday. Third Point earlier Monday disclosed a fresh stake on Walt Disney Co., …

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Buffett and Berkshire added big to their bets on Ally, Occidental, Paramount and Activision. But these other 6 stocks also got a vote of confidence.

Warren Buffett’s Berkshire Hathaway Inc. added to nine stock holdings during the second quarter, reduced holdings of four and sold two outright. That’s according to Berkshire Hathaway’s BRK most recent 13F filing with the Securities and Exchange Commission. The company held 45 stocks with a combined market value of $330.1 billion as of June 30. …

Buffett and Berkshire added big to their bets on Ally, Occidental, Paramount and Activision. But these other 6 stocks also got a vote of confidence. Read More »

What’s the best way to invest in tech stocks right now? This strategy is working well for one fund manager.

Technology stocks have been rallying for weeks. But there are plenty of arguments that we’re in the midst of a bear-market rally and that more volatility lies ahead, especially for the rapidly growing, but not necessarily profitable, technology stocks that performed so well during the previous bull market through late 2021. Read: Nasdaq bull market? …

What’s the best way to invest in tech stocks right now? This strategy is working well for one fund manager. Read More »

Here are some stock moves to consider now that inflation has eased up, says Jefferies

After Wednesday’s downside inflation surprise rallyed stocks and ushered the Nasdaq COMP out of a bear market, some may be wondering if a meltup is around the corner. Stocks are rising as investors also waking up to more good news on falling US gasoline prices (see below) and producer price inflation. But should investors really …

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