Wall Street experienced a day of volatile trading on Monday as investors awaited the Federal Reserve’s upcoming interest rate decision. Key players like Tesla and Apple saw gains in their stock values, propelling the consumer discretionary sector upwards. While Tesla shares climbed due to regulatory approvals for self-driving tech in China, Apple surged following reports
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In a bold move to adapt to the changing landscape of television viewing habits, SportsNet Pittsburgh has announced the launch of SNP 360, a direct-to-consumer streaming service that will cater to fans of the Pirates and Penguins. As more and more viewers veer away from traditional cable subscriptions, regional sports networks are facing a difficult
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Local Chinese authorities have recently lifted restrictions on Tesla cars after the company’s China-made vehicles successfully met the country’s data security requirements. This development came after Tesla CEO Elon Musk’s unexpected meeting with Chinese Premier Li Qiang in Beijing. The move is significant as Tesla’s electric cars are highly popular in China, but faced restrictions
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Uberto Pasolini’s film Nowhere Special, starring James Norton, has captivated audiences with its emotional depth and honesty. Pasolini acknowledges that the heart of the film lies in the genuine bond portrayed between father and son. Norton’s portrayal of John, a single father facing a terminal illness, is powerful and moving alongside the young Daniel Lamot
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Lattice Semiconductor has had a challenging quarter, missing revenue expectations by 3.3% and reporting a 3% decline in revenues year-on-year. The weak performance in the previous quarter has raised concerns among investors regarding the company’s outlook going into the upcoming earnings report. With underwhelming revenue guidance for the next quarter and a history of missing
Bill Gates, the tech billionaire turned philanthropist, has been a key figure in the global fight against polio. Despite significant progress in reducing cases of the deadly viral disease, Gates warns that success in completely wiping out polio is not guaranteed. The $500 million pledge from Saudi Arabia to fight polio over the next five
The tech industry has been hit hard by mass layoffs, with over 263,000 job losses recorded in 2023 and more than 75,000 job losses in 2024 so far. Despite blockbuster earnings from companies like Alphabet and Microsoft, the focus has shifted from growth to profitability, leading to a wave of job cuts. Jeff Shulman, a
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In the midst of earnings season, investors are looking closely at top analysts’ picks for long-term prospects. Netflix (NFLX) takes the spotlight this week with its better-than-expected results for the first quarter of 2024. Despite the disappointment stemming from the company’s decision to halt reporting quarterly subscriber numbers, BMO Capital analyst Brian Pitz remains bullish