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Are you ready for some scary numbers? After months of Mark Zuckerberg talking
Another stock we're watching is Intel shares dropping as CEO Brian Krzanich is forced out at after it was revealed he entered into a 'consensual relationship' with a direct report - Myles this is against Intel's employee guidelines, so he had to go, but this is a big blow for the chipmaker, isn't it - the stock is up nearly 120% since he took over in 2013... --
Oh snap! Today on the Howl, we're talking about Intel's CEO resigning after a relationship with an employee, Amazon's new Fire TV Cube and Facebook experimenting with letting groups charge for access. It's a biggie.
Looking to join a Facebook group? You may soon have to pay. The social media giant is testing subscriptions for select private groups. Yahoo Finance’s Seana Smith, Dan Roberts, Ethan Wolff-Mann and Dion Rabouin discuss.
Right after we reported that one of the Le Mans-winning Ford GT40s is coming up for auction, word got round that its story will now be turned into a Hollywood movie. There will be an as-yet-untitled major motion picture that tells the story of Ford battling Ferrari in the 1960s, culminating in the Ford GT40's dramatic 1-2-3 finish in the 1966 24 Hours of Le Mans. The movie has lined up an all-star cast, with "Batman" and "American Psycho" actor Christian Bale tapped to play key GT40 developer, test driver and racer Ken Miles, and "Punisher" actor Jon Bernthal as Lee Iacocca.
Num mundo cada vez mais dependente da tecnologia, algumas tarefas, tipicamente executadas por pessoas, passaram a ser feitas por máquinas, mas para a startup portuguesa de tradução Unbabel a chave do sucesso ...
General Electric: Is the Bottom Yet to Come? On June 17, French government spokesperson Benjamin Griveaux said that General Electric (GE) should be fined if it fails to generate enough jobs at Alstom Power. At the time of Alstom’s energy subsidiary acquisition in 2015, GE committed to creating 1,000 net new jobs at Alstom Power by the end of 2018.
German automotive stocks fell after U.S. President Donald Trump threatened to impose a 20 percent tariff on all European car imports into the U.S. “Based on the Tariffs and Trade Barriers long placed on the U.S. and it great companies and workers by the European Union, if these Tariffs and Barriers are not soon broken down and removed, we will be placing a 20% Tariff on all of their cars coming into the U.S. Build them here!” Trump said in a tweet on Friday. The risk is becoming more real, said Jeff Schuster, senior vice president of forecasting at LMC Automotive, before Trump’s latest salvo.
JP Morgan is the biggest of the ‘too big to fail’ U.S. money center banks and is component of the Dow Jones Industrial Average. Traders had the opportunity to buy JP Morgan on weakness to its 200-day simple moving when it was $105.24 on May 29 and again over the last five days with the average now at $106.73. Investors beware that the weekly chart for JP Morgan is negative and if a bear market is confirmed the downside risk is to the 200-week simple moving average now at $77.33 and rising each week.
Here are some things going on today in the world of tech: Red Hat fails to meet high expectations Shares of Linux and open-source software distributor Red Hat (RHT) are down $20.39, or over 12%, at $145.34, after the company yesterday afternoon reported fiscal Q1 revenue and profit that topped analysts’ expectations, but also forecast this quarter’s results lower and cut its outlook for this year’s revenue. The cut in outlook, the company said, was solely to account for the rise in exchange rates, which lower the company’s dollar-denominated results. In addition to the cut in outlook, the company’s “billings” number, $709 million, came up short of the consensus $721 million.
AT&T (T) recently announced its new live TV streaming service, WatchTV, amid the growing popularity of online streaming services. AT&T’s WatchTV service is expected to be available for no cost for AT&T wireless customers with unlimited data plans.
Micron Technology (MU) is investing in advanced technology and assembly and test capability as it looks to vertically integrate its operations and achieve cost competitiveness. Micron has higher gigabits per wafer—that is, the number of chips produced on a single silicon wafer—than its competitors, including Samsung (SSNLF), which helps it reduce wastage. Micron has halved the time required to achieve a mature yield over the last two years, enabling it to generate a faster return on investment.
SunTrust Robinson Humphrey analyst Matthew Thornton was upbeat Friday about Pandora Media Inc.'s new partnership with AT&T Inc. (t) through which subscribers to a newly announced AT&T unlimited-data plan can get Pandora Premium or one of a few other streaming services for free along with their plan. Thornton estimates that the partnership could help Pandora add about 500,000 new on-demand Pandora Premium subscribers over the next year.
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