Broadcom Inc. Broadcom Inc. AVGO $7.74 1.28% 32% IBD Stock Analysis Stock has been consolidating for 11 weeks with buy point of 677.86 Analysis shows early entry available at 614.74 if it passes recent high Chipmaker forecasts accelerating sales growth for the current quarter Composite Rating Industry Group Ranking Emerging Pattern Consolidation * Not real-time […]
US Senator Elizabeth Warren and 10 other lawmakers have introduced the “Digital Asset Sanctions Compliance Enhancement Act of 2022.” The bill “would place sweeping restrictions on persons who build, operate, and use cryptocurrency networks even if they have no knowledge or intent to help evade sanctions,” an expert said. Lawmakers Unveil Digital Asset Sanctions Compliance […]
Is it time for yet another Covid-19 booster shot? Pfizer-BioNTech and Moderna seem to think so, but some vaccine experts aren’t so sure. The drugmakers’ requests for a fourth dose, filed to the Food and Drug Administration this week, are likely to add fuel to the debate among scientists about whether an additional vaccine dose […]
White House targets Putin and Big Oil companies for sky-high gasoline prices, as small businesses deal with the fallout. FOX Business’ Jeff Flock breaks down the myths vs. facts of Biden’s gas price blame. The International Energy Agency released a report Friday detailing ten actions governments and consumers could take collectively to lower oil demand, […]
And telecom stocks are paying for it. Even as Americans pay more for just about everything else, the average price of mobile plans continues to drop. That’s in large part because of the intense competition between Verizon (VZ)CNN parent company AT&T (T) and T Mobile (TMUS). Price wars are as prevalent as ever, even after […]
On Thursday, Maersk, the world’s second-largest cargo carrier, warned of “unpredictable operational impacts” from the Russia-Ukraine war, while in southern China, waiting times grew for ships trying to dock at the ports of Yantian, Chiwan and Shekou. Story continues below advertisement The disruptions so far are not as extreme as in the pandemic’s worst months. […]
Earlier this week, it was announced members of the Bored Ape Yacht Club NFT collection would be getting their very own cryptocurrency, ApeCoin. The passive voice there is intentional. ApeCoin is explicitly linked to these famously pricey non-fungible tokens, and is very much involved with Yuga Labs, the company stewarding the intellectual property behind the […]
Getty Images A developer has been caught adding malicious code to a popular open-source package that wiped files on computers located in Russia and Belarus as part of a protest that has enraged many users and raised concerns about the safety of free and open source software. The application, node-ipc, adds remote interprocess communication and […]
CNBC’s Jim Cramer on Friday previewed next week’s earnings schedule and said that investors should use it as a chance to offload unprofitable companies from their portfolios. The “Mad Money” host said that the market could be in for some pain next week after this week’s rallies, as investors digested the news of the Federal […]
A robot car of the General Motors subsidiary Cruise is on a test drive. Andrej Sokolov | picture alliance | Getty Images DETROIT – General Motors is acquiring SoftBank’s equity ownership stake in its majority-owned Cruise autonomous vehicle unit for $2.1 billion, the automaker announced Friday afternoon. SoftBank Vision Fund 1 first acquired a minority […]
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