President Joe Biden Wins Landslide Victory in South Carolina Democratic Primary Clear Message from South Carolina Voters President Joe Biden won a landslide victory in South Carolina’s Democratic primary Saturday, where voters sent a clear message that they are ready for Biden to pivot to the November election. Overwhelming Support for Biden As of 12:00…
Microsoft Becomes Most Valuable Publicly Traded Company, Surpassing Apple Microsoft ended Friday’s U.S. trading session as the most valuable publicly traded company, surpassing Apple after briefly topping the iPhone maker during intraday trading Thursday. Shares of Microsoft climbed more than 3% for the week, bringing the company’s market cap to $2.89 trillion, while Apple’s stock…
The Impact of Rising Treasury Yields on the Economy and Investment Trends The Rise of the 10-Year Treasury Yield Recently, the benchmark 10-year Treasury yield reached a significant milestone of 5%, causing concerns regarding its impact on stocks and the duration of this elevated level. Despite a slight retreat to around 4.96% by Friday, this…
Amazon Introduces Map View: A New Way to Manage Smart Home Devices Introduction Amazon is making it easier to map smart home devices. Mapping Your Smart Home During a press event this morning at its HQ2 headquarters in Arlington, Virginia, the company demoed Map View, an upcoming feature in the Alexa mobile app that’ll let…
Economists Drop Recession Call as Data Indicates Possible Soft Landing The Forecast JPMorgan Chase economists on Friday bailed on their recession call, joining a growing Wall Street chorus that now thinks a contraction is no longer inevitable. While noting that risks are still high and growth ahead is likely to be slow, the bank’s forecasters…
Affordable PlayStation 5 DualSense Controllers Now Available A number of UK retailers are currently selling PlayStation 5 DualSense controllers for as low as £39.99. This marks a 33% drop from the controller’s standard price of £59.99. The sale coincides with the ongoing PS5 hardware sale, where Sony has reduced the PS5 price by £75 /…
Barclays Reports £1.3 Billion Net Income for Q2 Barclays reported a net income of £1.3 billion ($1.68 billion) for the second quarter, in line with expectations, despite slower momentum in investment banking. Analysts were expecting a net income of £1.4 billion for the quarter, according to Refinitiv. The bank previously reported a net profit of…
Instagram Threads Surpasses Twitter in Weekly Active Users Instagram Threads’ launch has been an overnight success, topping 100 million users within days of its arrival. Now, new data indicates the app has already achieved one-fifth of the weekly active user base of Twitter worldwide and 86 times the weekly active user base of the largest…
Exploring Alternative Social Networks: Bluesky or Mastodon? In a week that has seen Twitter’s continued decimation with read-limits and TweetDeck trundling behind the Great Blue Paywall™, there has been renewed interest in alternatives, as those still clinging to the sinking social network seek salvation in something a little more seaworthy. It’s also why Meta’s new…
Bank of America Upgrades Sweetgreen Shares, Cites Positive Momentum Analyst Katherine Griffin Upgrades Sweetgreen Shares Bank of America believes that Sweetgreen is positioned for success, even as people slowly return to the office. Analyst Katherine Griffin has upgraded Sweetgreen shares from neutral to buy. Her reasons for the upgrade include increasing foot traffic, sustained growth…
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