Two high-profile FAANG stocks splitting their shares may entice these companies to follow suit.
The Qraft AI-Enhanced U.S. Large Cap Momentum ETF (NYSE: AMOM ) has acquired new stakes in Apple Inc. (NASDAQ: AAPL ) and Qualcomm Inc. (NASDAQ: QCOM ), while entirely divesting its holdings in Alphabet Inc. (NASDAQ: GOOG ) (NASDAQ: GOOGL ) and Meta Platforms Inc. (NASDAQ: FB ). What Happened: The latest portfolio from the ETF, which is driven by artificial intelligence, after rebalancing in early March showed it has also entirely divested its holdings in Applied Materials Inc. (NASDAQ: AMAT ), Target Corp. (NYSE: TGT ), and Colgate-Palmolive Co. (NYSE: CL ). The fund, which has net assets of $19.8 million, has a history of accurately predicting the price movements of Tesla … Full story available on Benzinga.com
The extended lean run of cryptocurrencies has not deterred businessman and Shark Tank host Kevin O''Leary, and he just disclosed that cryptos and related investments make up a significant chunk of his investment portfolio. What Happened: Millions of dollars, or 20% of O''Leary''s portfolio is made of cryptocurrencies and blockchain, the celebrity investor said in an interview on CNBC''s Squawk Box. He also argued that Bitcoin is not a coin , but it''s software . "If you own Microsoft Corporation (NASDAQ: MSFT ), if you own Alphabet, Inc. (NASDAQ: GOOGL ) (GOOG), why not own Bitcoin (CRYPTO: BTC )," he asked. When probed … Full story available on Benzinga.com
The extended lean run of cryptocurrencies has not deterred businessman and Shark Tank host Kevin O''Leary, and he just disclosed that cryptos and related investments make up a significant chunk of his investment portfolio. What Happened: Millions of dollars, or 20% of O''Leary''s portfolio is made of cryptocurrencies and blockchain, the celebrity investor said in an interview on CNBC''s Squawk Box. He also argued that Bitcoin is not a coin , but it''s software . "If you own Microsoft Corporation (NASDAQ: MSFT ), if you own Alphabet, Inc. (NASDAQ: GOOGL ) (GOOG), why not own Bitcoin (CRYPTO: BTC )," he asked. When probed … Full story available on Benzinga.com
(CNN Business) – Big tech platforms have joined the global backlash against Russia over its invasion of Ukraine, with Facebook (FB), Google (GOOGL), Twitter (TWTR), Spotify (SPOT), Netflix (NFLX) and others placing at least partial restrictions on Russian content — if not exiting (or getting themselves blocked) altogether. In the past week, however, the severing … The post ‘This is different’: Why internet backbone services are cutting off Russia appeared first on Egypt Independent .
DuckDuckGo Updates Search Engine, Will Penalize Sites ''Associated With Disinformation'' Authored by Zachary Stieber via The Epoch Times (emphasis ours), The search engine DuckDuckGo has begun penalizing sites linked to “Russian disinformation” amid the Russia–Ukraine war, according to the company’s CEO. “Like so many others I am sickened by Russia’s invasion of Ukraine and the gigantic humanitarian crisis it continues to create,” Gabriel Weinberg, the CEO, wrote on social media. “At DuckDuckGo, we’ve been rolling out search updates that down-rank sites associated with Russian disinformation,” he added. Gabriel Weinberg, CEO and founder of DuckDuckGo, in Washington for a congressional hearing in a file image. (Alex Wong/Getty Images) DuckDuckGo is also placing boxes with information at the top of the search results page “to highlight quality information for rapidly unfolding topics,” Weinberg added. In addition to down-ranking sites associated with disinformation, we also often place news modules and information boxes at the top of DuckDuckGo search results (where they are seen and clicked the most) to highlight quality information for rapidly unfolding topics. — Gabriel Weinberg (@yegg) March 10, 2022 DuckDuckGo''s mission is to make simple privacy protection accessible to all.
NEW YORK, March 11, 2022 /PRNewswire/ -- The "Artificial Intelligence in Supply Chain Market in China - Competitive Analysis, Drivers, Trends, Challenges, Five Force Analysis" report has been added to Technavio''s offering. Artificial intelligence in supply chain market in China is…
U.S. and U.K. regulators have launched parallel antitrust probes into Google Inc —Alphabet Inc (NASDAQ:GOOGL)— and Meta Platforms Inc (NASDAQ:FB) over ad deal “Jedi Blue.” The big tech giants could have disadvantaged online ad publishers and tech rivals. Allegations Against Google And Meta EU antitrust chief Margrethe Vestager said in a statement quoted by Reuters […]

YouTube blocks Russian state-funded media channels

07:47pm, Friday, 11'th Mar 2022 Arutz Sheva (Israel National News)
YouTube announced on Friday it is immediately blocking access around the world to channels associated with Russian state-funded media, citing a policy barring content that denies or trivializes well-documented violent events, Reuters reported. YouTube, which is owned by Alphabet Inc''s Google, said Russia''s invasion of Ukraine now fell under its violent events policy. (Israel National News'' North American desk is keeping you updated until the start of Shabbat in New York. The time posted automatically on all Israel National News articles, however, is Israeli time.)

Banking giant Morgan Stanley recently held its 2022 TMT (Tech, Media, and Telecom) bash. Alphabet (GOOGL) CFO Ruth Porat was one of the guests and provided a rundow…

YouTube ([[GOOG]] -0.8%, [[GOOGL]] -0.9%) is expanding a ban on Russian state-funded media worldwide in response to violation of its policies

These stocks could get much cheaper

04:42pm, Friday, 11'th Mar 2022 CNN
A single share of Amazon and Google owner Alphabet each trades at nearly $3,000 -- a pretty high price for average investors. But that will soon change: The companies will split their shares, reducing their stock prices sharply, in the next few months.
Friday''s top analyst upgrades and downgrades included Alphabet, Asana, Chevron, Coterra Energy, CrowdStrike, Marqeta, Meta Platforms, Monster Beverage, Nordstrom, Oracle, PayPal, Spotify Technology and Twitter.
Deutsche Bank initiates coverage on a number of internet stocks, and takes a bullish stance on Amazon, Meta, and Alphabet.
Futures Soar On Ukraine "Positive Developments" Comment From Putin Here comes another rollercoaster of a day for markets. In a rerurn of last week''s (transitory) Ukraine war "ceasefire" euphoria which fizzled almost as fast as it emerged, a little after 6am ET on Friday morning, futures which had been trading rangebound for much of the overnight session, soared 60 points in seconds after Interfax reported that according Putin told his Belarusian counterpart Alexander Lukashenko that "there are certain positive developments, as far as negotiators from our side informed me" adding that "Talks are happening almost daily." Whether this was merely an attempt to boost morale or an accurate reflection of events (doubtful since at the same time Bloomberg reports that Putin also said " Russia to Send Fighters From Middle East to Ukraine the WSJ reports that " Russian Forces Intensify Strikes on Cities in Western Ukraine ") did not matter because contracts on the S&P 500 and Nasdaq 100 indexes spiked higher as much as 1.5%, while safe havens like gold tumbled and 10Y yields pushed to new session highs above 2.01% and the he dollar erased gains.
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