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Amazon stock fell on mixed earnings report and weak outlook

Amazon stock fell on mixed earnings report and weak outlook

font size Investors are looking for evidence that Amazon.com has made progress in its efforts to rein in costs. David Ryder/Bloomberg Amazon . .com shares fell in late trading Thursday after the company reported mixed fourth-quarter results, with better-than-expected sales growth, but weaker-than-expected earnings, largely due to the loss of a stake in the electric …

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A new survey shows that 80% of workers who quit in the "big quit" feel remorse

A new survey shows that 80% of workers who quit in the “big quit” feel remorse

The “big regret” is the latest workplace trend to sweep the nation, with the majority of professionals who left their jobs last year wishing they could land an additional job, according to a new survey. 2022 was another record year for quitting – 4.1 million workers left their jobs in December, bringing the total for …

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Mortgage rates fall for the fourth straight week |  CNN Business

Mortgage rates fall for the fourth straight week | CNN Business

Washington, DC CNN – Mortgage rates fell slightly this week, as a smaller rate hike by the Federal Reserve indicated a promising improvement on inflation. The average 30-year mortgage rate was 6.09% in the week ended February 2, down from 6.13% in the previous week, according to data from Freddie Mac released Thursday. A year …

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Huge green energy company incurs losses estimated at $1 billion and calls for 'further government action'

Huge green energy company incurs losses estimated at $1 billion and calls for ‘further government action’

Global green energy company Siemens Gamesa reported Thursday that it lost $967 million during the three-month period from October to December. The German-based company, which describes itself as “the world’s leading offshore power generation company,” noted that the wind industry has faced various unfavorable pressures that led to negative growth in recent months and years, …

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Netflix's password-sharing campaign means you have to "check in" at home once a month

Netflix’s password-sharing campaign means you have to “check in” at home once a month

Weird things. (L to R) Finn Wolfhard as Mike Wheeler and Millie Bobby Brown as Eleven and Noah … [+] Schnapp as Will Byers in Stranger Things. Commercial Record. Courtesy of Netflix © 2022 Courtesy of Netflix New details are emerging on how Netflix plans to enforce its next global crackdown on password sharing, which …

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Here are Thursday's biggest analyst calls: Meta, Nvidia, Tesla, FedEx, First Solar, Costco, and more

Here are Thursday’s biggest analyst calls: Meta, Nvidia, Tesla, FedEx, First Solar, Costco, and more

Here are Thursday’s biggest calls on Wall Street: JMP downgrades Peloton to market outperformer JMP and downgrades the stock primarily on valuation. “We are downgrading Peloton stock from outperform to market perform as Peloton reached our previous price target of $16 while leaving our estimate for fiscal year 2024 largely unchanged following fiscal year 2 …

Here are Thursday’s biggest analyst calls: Meta, Nvidia, Tesla, FedEx, First Solar, Costco, and more Read More »

Can ChatGPT help me in the office?  We put AI chatbots to the test.

Can ChatGPT help me in the office? We put AI chatbots to the test.

Comment on this story Suspension If ChatGPT, Open AI’s buzzy new chatbot, wrote this story, it would say: As companies look to streamline their operations and increase productivity, many are turning to AI tools like ChatGPT to help their employees complete tasks. But can workers really rely on these AI programs to take on more …

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tech futures jump with meta highs;  3 mega tex on tap

tech futures jump with meta highs; 3 mega tex on tap

Dow futures fell slightly early Thursday, while S&P 500 futures and especially Nasdaq futures rose with Facebook’s parent company. Meta platforms (META) reported an increase in its earnings report. This came after a big day in the stock market rally as investors applauded comments from Federal Reserve Chairman Jerome Powell. X Apple, Amazon and Google …

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Adani's losses in the market exceeded $100 billion as the pending share sale spooked investors

Adani’s losses in the market exceeded $100 billion as the pending share sale spooked investors

NEW DELHI/MUMBAI (Reuters) – Adani Group’s losses in the market swelled to more than $100 billion and raised concerns about its potential systemic impact on Thursday, a day after its parent company abandoned a $2.5 billion equity offering. The pullout of the sale of shares of Adani Enterprises (ADEL.NS) was a dramatic setback for its …

Adani’s losses in the market exceeded $100 billion as the pending share sale spooked investors Read More »