- 2020-10-24 11:51:40Z
A more measured President Donald Trump does not necessarily mean a more truthful one. In the final debate of the presidential campaign, he was loose with facts on the crisis of the time - the pandemic - and much else. Trump did, though, exploit confusion sowed by Joe Biden during the primaries, when
Hidden at sea, the defense weapon will unleash guided torpedoes on enemy submarines.
Huawei announced earnings results today showing that its growth has slowed significantly this year as the Chinese telecom equipment and smartphone giant said its "production and operations face significant challenges." While Huawei did not specify trade restrictions in its brief announcement, the company has been hit with a series of commercial trade restrictions by the U.S. government. The full impact of those policies haven't been realized yet, because U.S. government has granted Huawei several waivers, including one that will delay the implementation of a ban on commercial trade with Huawei and ZTE until May 2021.
Former Democratic presidential candidate Pete Buttigieg was back on Fox News on Thursday night ahead of the final presidential debate, where he faced questions about the recent stories alleging misconduct by Joe Biden's son, Hunter Biden. "It's not even clear what [they're] claiming it adds up to," Buttigieg said of Biden's opponents and the new claims. "They're just kind of saying, 'oh, there are questions.'"Host Bret Baier jumped in to clarify that the unsubstantiated allegation is that Joe Biden was "discussing all of his business deals" with his son."If they want to make this about the business deals of a government official, let's talk about the...
Hello and welcome back to Equity, TechCrunch's venture capital-focused podcast (now on Twitter!), where we unpack the numbers behind the headlines. Myself, along with Danny and Natasha had a lot to get through, and more to say than expected. TechCrunch has a bit more on the video service's downfall here.
In a tweet posted early Thursday morning, Tesla chief executive Elon Musk said that prices for the Full Self-Driving ("FSD") upgrade to Tesla vehicles would increase by roughly $2,000. It's potentially an indication that the company is realizing that it needs to find new ways to make up for the rapidly diverging cost of the company's electric vehicle hardware and the suite of software and services that are the ingredients for much of the secret sauce that make Tesla's vehicles so popular. To be clear, Tesla's definition for fully self-driving cars is different from a fully autonomous vehicle.
Biotech companies utilize cutting-edge science to create medicines and treatments for a plethora of diseases, making them unique investment opportunities for investors looking to cash in on a cure. Smart investors will look for biotech stocks that have drug pipelines full of good prospects, as well as balance sheets strong enough to withstand any unforeseen problems. Here are seven biotech stocks to buy that fit the bill.
A USA TODAY Network effort to measure mail efficiency in key states leading up to the November election finds long delays along circuitous paths.
Bob Iger, the chairman and former chief executive at Walt Disney is trading his mouse ears for milk substitutes as the new director of massively funded dairy replacement startup Perfect Day. Milk substitutes are a $1 trillion category and Perfect Day is angling to be the leader in the market. Iger's ascension to a director position at the company just affirms that Perfect Day is a big business in the big business of making milk replacements.
Wealthy Americans living in New York, New Jersey and California could face one of the steepest tax rates in decades if Democratic presidential nominee Joe Biden wins the November election.
Invoca, which helps companies extract and use data from customer phone calls, is expanding today with the launch of products for e-commerce, customer experience and sales teams, as well as a new Invoca Exchange, where businesses can find all of the platform's third-party integrations. The company is making these announcements as part of its virtual Invoca Summit. Ahead of the event, CEO Gregg Johnson (previously an executive at Salesforce) told me that customers have been asking Invoca to expand beyond its previous focus on providing "conversation intelligence" to marketing teams.
Eat Just, the plant-based food startup, is launching a new Asian subsidiary through a partnership with Proterra Investment Partners Asia. The agreement includes building Eat Just's first factory in Asia, which will be based in Singapore. As part of the deal, Proterra, which focuses on agri-tech, will invest up to $100 million in the facility, while Eat Just will invest $20 million.
Apple is expanding its investment in music with today's launch of "Apple Music TV." The new music video station offers a free, 24-hour livestream of popular music videos and other music content, including, exclusive video premieres, curated music video blocks, live shows, fan events, chart countdowns and guest appearances. The service doesn't have its own dedicated app, but is instead offered as a new feature within two of Apple's existing entertainment apps.
It's okay if this weirds you out.
Halliburton, the largest U.S. hydraulic fracturing service provider, beat Wall Street estimates, earning 11 cents a share versus expectations of 8 cents per share while posting its fourth straight quarterly loss on Monday. The next decade would be more profitable for the company, Miller said, noting
(Bloomberg) -- Hedge funds have pulled back from one of the biggest short positions in U.S. tech stocks in over a decade, in a near-record buying spree of Nasdaq futures last week.Net speculative positions in Nasdaq 100 mini contracts surged by the most in more than 13 years in the week through Oct. 13, according to the latest Commodity Futures Trading Commission data. The increase was the second biggest on record in data going back to 1999 and left speculators net long the futures for the first time since the beginning of last month.The buying frenzy comes after fast-money accounts had driven net short bets to the highest since before the financial crisis during September.The U.S. tech...
Out on Wall Street, things are always changing. Share prices fluctuate, new players make their market debuts, the macro environment gets shaken up and long-term trends shift. That said, one thing remains the same: growth is the name of the game. Growth stocks consistently score a spot on investors' wish lists, given their potential to deliver returns. This growth potential goes above and beyond the norm, as these plays have already posted some spectacular gains in 2020, with the upside set to keep on coming in the long run. Knowing what you're looking for is one thing, but how are investors supposed to find these opportunities? One strategy is to take a cue from Wall Street pros. Bearing...
This isn't how you pictured the planet.
The deadline for Europe to make a call on the Google -Fitbit merger has been pushed out again -- with EU regulators now having until January 8, 2021, to take a decision. Last month the deadline for a decision was extended until December 23 -- potentially pushing the decision out beyond a year after Google announced its intention to buy Fitbit, back in November 2019. The proposed Fitbit acquisition also comes as Alphabet, Google's parent, is under intense antitrust scrutiny on multiple fronts on home turf.
Gainers * Chewy (NYSE: CHWY) shares are trading higher. Hearing Jefferies upgraded the stock to buy and set a $100 price target. * ReWalk Robotics (NASDAQ: RWLK) shares are trading higher potentially as traders circulate an August 27th press release that highlighted the US Court of Appeals dismissed a securities lawsuit against the company. * Amarin (NASDAQ: AMRN) shares are trading higher after the company highlighted the presentation of its REDUCE-IT study of VASCEPA. * Flexible Solutions International (AMEX:FXI) shares are trading higher after the company reported Q3 revenue of $8.11 million versus $7.4 million year over year. * Hewlett Packard (NYSE: HPE) shares are trading...
Over the last five years, Brazil has witnessed a startup boom. The main startups hubs in the country have traditionally been São Paulo and Belo Horizonte, but now a new wave of cities are building their own thriving local startup ecosystems, including Recife with Porto Digital hub and Florianópolis with Acate. More recently, a "Black Silicon Valley" is beginning to take shape in Salvador da Bahia.
Despite an extremely volatile, difficult and unpredictable 2020, the S&P 500 has managed to gain significant ground to new all-time highs in 2020.Investors who bought the dip during the early 2020 sell-off have been rewarded with a fast market recovery.Buying the dip was also a great move during the 2008 Great Recession, when the S&P 500 lost roughly 50% of its value, ultimately bottoming at 666.79 on March 9, 2009.Since the bottom, the SPDR S&P 500 ETF Trust (NYSE: SPY) has generated a total return of 553% over the last 11-plus years.Related Link: Here's How Much Investing ,000 In The 5 Biggest Dot-Com Bubble Tech Stocks Would Be Worth TodayOne market leader since the financial crisis...
The members of the first family have all since tested negative for the virus.
Pakistan's Navy is racing to plug operational and technological gaps as part of an unprecedented modernization effort, but analysts are divided on whether the move will deter adversaries.
The New York Post's story about Hunter Biden has several glaring holes that raise questions about its authenticity.
Zoom will begin rolling out end-to-end encryption to users of its videoconferencing platform from next week, it said today. "We're excited to announce that starting next week, Zoom's end-to-end encryption (E2EE) offering will be available as a technical preview, which means we're proactively soliciting feedback from users for the first 30 days," it writes in a blog post. "Zoom users -- free and paid -- around the world can host up to 200 participants in an E2EE meeting on Zoom, providing increased privacy and security for your Zoom sessions."
Spotify today is launching a new feature that combines spoken word audio commentary with music tracks. The new format will allow Spotify to reproduce the radio-like experience of listening to a DJ or a music journalist offering their perspective on the music. Spotify says the new shows will still compensate the artist the same as if the track was streamed normally, as the format relies on Spotify's music catalog licenses just like regular streams.
The first wave of COVID-19 vaccines probably won't end the coronavirus pandemic, but "a partially effective vaccine is better than no vaccine at all," Kate Gingham, the head of Britain's vaccine task force, told Sky News on Tuesday. "Flu vaccines are 50 percent effective, but they are widely used and have a big impact on reducing the clinical impacts of flu in the population." She told The Telegraph on Wednesday that with the COVID-19 effort, "we shouldn't assume it's going to be better than a flu vaccine."Bingham said British regulators are expecting data from two Phase 3 vaccine trials, from Oxford University-AstraZeneca and Pfizer-BioNTech, in a couple of...
Ugandan pop star and presidential hopeful Bobi Wine said security forces raided his office on Wednesday and confiscated documents, branding items and cash amid what the opposition says is a campaign of harassment by the government. Wine, whose real name is Robert Kyagulanyi, told Reuters dozens of police and soldiers stormed the offices of his National Unity Platform (NUP) party in Kamwokya, a suburb of the Ugandan capital Kampala. Wine, whose real name is Robert Kyagulanyi, told Reuters dozens of police and soldiers barged into the offices of his National Unity Platform (NUP) party in Kamwokya, a suburb of the Ugandan capital Kampala.
With three weeks left in the race, the debate still weighs President Trump down, the USC Dornsife poll shows. It harmed his image and boosted Joe Biden.
Record rains and heavy flooding in the southern Indian state of Telangana collapsed houses and killed at least 15 people, police said Wednesday. Four other people were injured in Hyderabad, the state's capital, when a house's boundary wall fell on a neighboring house, which collapsed with the
The new border wall projects in Texas would have covered more than 60 miles, according to the ACLU
The leader of the Philippines' House of Representatives announced his resignation Tuesday, ending a standoff with a rival speaker that has stalled the passage of next year's budget, including funds for fighting the coronavirus pandemic. House Speaker Alan Peter Cayetano made the announcement in a Facebook video message from his neighborhood while legislators were ratifying the election of his rival Rep. Lord Allan Velasco as speaker. Both are allies of President Rodrigo Duterte, who had brokered a power-sharing deal that went awry this week and set off the standoff.
Chris Christie's advocacy group has provided nearly all of the funding for a super PAC backing the congressional bid of a former aide who backed the ex-New Jersey governor during inquiries into the scandal known as "Bridgegate."Christie's group, a nonprofit called Right Direction America, donated $75,000 in August to the super PAC, dubbed the NH Freedom Fund. That accounted for all but $2,500 of the money the group brought in through the end of September. The NH Freedom Fund used that money to pay for direct mail pieces supporting New Hampshire Republican congressional candidate Matt Mowers, a former Christie aide who went on to become a senior Trump State Department official.Christie...
Hurricanes are a part of life on the Gulf in southwest Louisiana. Cameron survives them generation after generation, but fewer and fewer return.
Save $50 on the newest generation of AirPods that boast noise-canceling capabilities and a custom fit.
On Thursday, Carnival Corp (NYSE:CCL) gave a sobering business update. While bookings for 2021 have somewhat recovered, the update also revealed that Carnival had used every financial maneuver to raise liquidity. Carnival stock sank 3%, adding to its year to date (YTD) -67% loss. Source: Ruth Peterkin / Shutterstock.com Today, investors have priced Carnival stock as if the world's largest cruise line will never recover. Its two smaller rivals, Norwegian (NYSE:NCLH) and Royal Caribbean (NYSE:RCL), on the other hand, are valued as if nothing's wrong in the world. It's a massive disconnect from reality. And that opens an opportunity. Carnival remains stronger than its two rivals, so...
If the stock market's ups and downs this year have taught us any enduring lesson, it's a repeat of an old stand-by: the importance of setting up a steady income stream, to keep the portfolio profitable no matter how the individual shares move. Dividends are a key part of any investment income strategy, giving investors a reliable income when it's needed most.All dividends are not created equal, however. Investors should seek out companies with one of two advantage - or preferably both: a commitment to maintaining the dividend, and a high yield. The second is not hard to find, considering the Federal Reserve's policy of keeping interest rates near zero, while the first attribute may take...
American companies promising to hire more Black employees in leadership roles and teach their workforce about racism are getting a message from President Donald Trump's administration: Watch your step if you want to keep doing business with the federal government. Trump's Labor Department is using a
Every week, Benzinga conducts a sentiment survey to find out what traders are most excited about, interested in or thinking about as they manage and build their personal portfolios.Electric vehicle manufacturers and EV service companies have been in the spotlight for 2020. We recently asked over 800 Benzinga investors and traders which EV stock they believe has the most room to grow between now and 2025.Best EV Stocks Over the next five years, which EV stock will have the largest percentage gain? * Tesla Inc (NASDAQ: TSLA) * Nikola Corporation (NASDAQ: NKLA) * Nio (NYSE: NIO) * Hyliion (NYSE: HYLN) * ElectraMeccanica (NASDAQ: SOLO) * Arcimoto (NASDAQ: FUV) * Blink Charging (NASDAQ:...
TuSimple and Waymo are in the lead in the emerging sector of autonomous trucking; TuSimple founder Xiaodi Hou and Waymo trucking head Boris Sofman had an in-depth discussion of their industry and the tech they're building at TC Mobility 2020. Hou and Sofman started out by talking about why they were pursuing the trucking market in the first place.
(Bloomberg) -- The confirmation of Amy Coney Barrett to the Supreme Court could make it harder for future administrations to adapt laws that have been on the books for decades to meet emerging challenges such as climate change.That's because Barrett's confirmation would strengthen a conservative bloc
The U.S. House Judiciary Committee has finally released its omnibus report on its investigation into the monopoly powers held by Apple, Amazon, Alphabet, and Facebook and its findings will do nothing to stem the power of big tech. For startups, the most relevant points are the potential solutions the committee proposes for addressing big tech and they primarily boil down to giving small companies the benefit of the doubt when they claim that bigger rivals are exercising monopolistic advantages -- and prevent the kinds of acquisitions in the future that allowed these companies to reach the unassailable positions they currently occupy in their chosen markets. "To address this concern,...
Facebook expanded a ban on QAnon-related content on its various social platforms Tuesday, deepening a previous prohibition on QAnon-related groups that had "discussed potential violence," according to the company. Today's move by Facebook to not only ban violent QAnon content but "any Facebook Pages, Groups and Instagram accounts representing QAnon" is an escalation by the social giant to clean its platform ahead of an increasingly contentious election. QAnon is a sprawling set of interwoven pro-Trump conspiracy theories that has taken root inside swaths of the American electorate.
Data backs up how we feel about this year's IPO market. If you are a company that really needs to go public, like Airbnb (for technical reasons relating to expiring options), now is great and now is good, as tomorrow may well be worse.
China said at a World Trade Organization meeting that restrictions by the United States on Chinese mobile applications TikTok and WeChat are in violation of the body's rules, a trade official said. The Trump administration has ordered download blocks on the two mobile apps and ordered ByteDance,
A private infinity pool, gourmet meals -- and two temperature checks a day. Welcome to five-star quarantine in Thailand, where well-heeled tourists can live in luxury while obeying some of the world's strictest anti-coronavirus measures.
President Trump waved to supporters outside Walter Reed National Military Medical Center during a drive-by in his motorcade. The brief trip was a departure from government health guidelines for Covid-19 patients to remain isolated. Photo: Alex Edelman/AFP via Getty Images
Senate Majority Leader Mitch McConnell says Supreme Court nomination of Amy Coney Barrett is 'full steam ahead' for October 12; Fox News' Bryan Llenas has the latest.