Wall St set to open higher on earnings boost, Big Tech bounces back
Upbeat results from a host of companies nudged U.S. stock index futures higher on Wednesday, partially righting a wobbly start to the fourth-quarter reporting season, while Big Tech stocks also made a comeback.
and Netflix Inc , rose up to 1%.Investors are now waiting for next week's Federal Reserve policy meeting for more cues on the central bank's plan to control inflation. Data last week showed U.S. consumer prices increased strongly in December, adding up to the largest annual rise in inflation in nearly four decades.
At 8:44 a.m. ET, Dow e-minis were up 90 points, or 0.26%, S&P 500 e-minis were up 17.25 points, or 0.38%, and Nasdaq 100 e-minis were up 85.5 points, or 0.56%.CiscoSystems Inc(CSCO.O)fell 2.4% after Goldman Sachs downgraded the network equipment maker's stock to "neutral" from "buy".Read more: Reuters »
The AP Interview: Spanish PM says NATO summit to show unity
MADRID (AP) — Spanish Prime Minister Pedro Sánchez said the NATO summit in Madrid this week aims to showcase the Western allies' united front in defense of democratic values in the face of Russia’s invasion of Ukraine, while increasing the bloc’s deterrence capabilities. Read more >>
New Project Launched as 'Direct Counterweight' to Big Tech'We are at a watershed moment with bipartisan support to finally break up the Big Tech monopolies that hurt consumers and small businesses,' says the head of the newly launched Tech_Oversight.
China Notifies Firms of Tougher Investment Rules for Big TechChina has notified some companies of new rules that require the country’s biggest internet firms to seek approval for investment deals, a mechanism that is likely to curb their growth ambitions OK, here it goes. I wrote a short story, if you like it, pls help me with anything you like so that I can get my ducks in a row. My survival is in question. If you don't like it, then tell me why you don't like it. I am open . I wrote this to get ridiculed. Check Pinned tweet. CommonProsperity better than INFLATED PSEUDOINNOVATION IPO LOSERS -NOBODY NEEDS THOUSANDS UBER & AIRBNB & Mars & MOVIE STREAMING BS. REALTECH must translate from 'Bench to Bedside' & DELIVER contents. Not Innovations of past Teslastyle bubble Invest in TECHNOLOGICAL SINGULARITY
Buckeye Bench Gets Confidence Boost with Big Performance in IUPUI BlowoutThe Ohio State bench scored 48 points in a confidence-boosting performance against IUPUI as Eugene Brown, Cedric Russell and Jimmy Sotos all shined in the blowout. Huge win! They should play a junior high team to REALLY boost their confidence.
5 cheap and easy ways to upgrade your old techGive your laptop, smartphone, TV, speakers, or console a new lease on life with these simple upgrades. Little to no advanced tech skills required.
Siemens sale puts Atlantia in high-tech fast laneSiemens is giving Atlantia a timely digital ride. The $16 billion toll road group controlled by Italy’s Benetton family agreed on Monday to pay 950 million euros for the $138 billion German conglomerate’s Yunex Traffic management system, its first acquisition since ending a bitter dispute with Rome over Italy’s motorways. Siemens’ “smart city” drive relates mainly to rail not road, making Yunex something of a sideline.
Rimac Technology to develop EV tech as standalone company | AutocarThe Rimac Group has separated its engineering division from the newly created Bugatti Rimac hypercar company