$368.53
-3.66 (-0.98%)
At Close: Jun 05, 2026
US weekly jobless benefit claims surge, housing starts decline
07:16pm, Thursday, 17'th Feb 2022 Kalkine Media
Highlights US unemployment benefits claims increased by 23,000 in the previous week. In January, homebuilding permits increased by 0.7%, the highest level since May 2006. Home-building permits increased by 0.7% in January, the highest level since May 2006. The US government on Thursday released two new sets of economic data, showing the number of new unemployment benefits claims surged unexpectedly in the week ended February 12, while the housing starts declined 4.1% on an adjusted annual rate in January. Despite growth in the number of claims, it remained lower than the pre-pandemic levels. Economists said that harsh weather conditions in some parts of the country may have forced people to drop out of work, increasing the number of jobless claims. However, they anticipate another month of solid employment growth in February. US employers raised wages and doled-out incentives to attract workers amid a labor shortage. Also Read: What did Charlie Munger say on cryptocurrencies? 5 things to know The National Centers for Environmental Information reported that the temperature in the Midwest, Tennessee Valley, and the Northeast was below average in January.
Google’s Android privacy changes are anything but clear
06:18pm, Thursday, 17'th Feb 2022 Fortune
The Alphabet unit grabbed headlines with pledges to limit tracking, but details remain murky. Read More
Marketers Prepare for Further Change as Google Pledges Mobile-Privacy Moves
04:11pm, Thursday, 17'th Feb 2022 The Wall Street Journal
Approach by Alphabet unit seems more collaborative than that of Apple but uncertainty remains, advertisers say.
What did Charlie Munger say on cryptocurrencies? 5 things to know
02:36pm, Thursday, 17'th Feb 2022 Kalkine Media
Highlights Billionaire investor Charlie Munger expressed his disdain for cryptocurrencies in an annual general meeting of the Daily Journal. He supported a complete crypto ban. He also spoke about the elevated inflation and increasing US-China tension. While the cryptocurrency market has many supporters, a few loathed it. Its opponents see many drawbacks in cryptocurrencies, including persistent volatility, and wish they are banned. One such opponent is the billionaire investor and Berkshire Hathaway VC Charlie Munger. During an annual general meeting of Los Angeles-based publication Daily Journal, Munger reiterated his aggressive stance on digital currencies. Munger has been managing the publisher’s investment portfolio since 1977. Here’s what he has to say. Also Read: Tech sector gyrates between gains and losses as FB, GOOGl face heat Cryptos are "beneath contempt" Munger dubbed Bitcoin and other cryptocurrencies as terrible and worthless. He said the primary use of this "apparent modernity" is limited to crimes like "extortion, kidnappings", or tax avoidance.
Donald Trump''s New App Opens to Hundreds of Testers Ahead of Expected Launch
12:36pm, Thursday, 17'th Feb 2022 CNN-News18
The testing of Truth Social comes a year after Trump was banned from Facebook, Twitter and Alphabet''s YouTube.
How Google''s Privacy Solution Will Impact Magnite, Digital Turbine, Trade Desk As Per Analysts
11:58am, Thursday, 17'th Feb 2022 Benzinga
Alphabet Inc''s (NASDAQ: GOOG ) (NASDAQ: GOOGL ) Google has announced Privacy Sandbox, a multi-year initiative to build more private advertising solutions . Google said these solutions will "limit sharing of user data with third parties and operate without cross-app identifiers, including advertising ID." Roth Capital analyst Darren Aftahi points out that Google''s news has shares of Digital Turbine Inc (NASDAQ: APPS ) down in double-digit percentage. He thinks the initial reaction by investors is that this is "deja vu" of the Apple Inc (NASDAQ: AAPL ) IDFA news and the subsequent impact that Meta Platforms Inc (NASDAQ: FB ) and others saw. Related Content: Here''s Why Magnite, Digital Turbine, Trade Desk Shares Are Trading Lower Today Given Digital Turbine''s relationship with Google, which Aftahi believes is still a very strong one, he can … Full story available on Benzinga.com
Here''s Why Magnite, Digital Turbine, Trade Desk Shares Are Trading Lower Today
06:04pm, Wednesday, 16'th Feb 2022 Benzinga
Shares of adtech companies fell on Wednesday morning on a report that Alphabet Inc''s (NASDAQ: GOOG ) (NASDAQ: GOOGL ) Google will stop cross-app tracking on Android phones, following a similar move by Apple Inc (NASDAQ: AAPL ). "We don''t think there should be a forced choice between privacy and developers building their business," Anthony Chavez, VP of product management for Android security and privacy, told The Wall Street Journal. Google has not yet provided details about its plans for how its new systems would work. However, it plans to keep supporting current smartphone identifiers for at least the next two years and give the industry important notice before any changes. Following the report, Oppenheimer analyst Timothy Horan said … Full story available on Benzinga.com
Social-Media Companies Fall After Alphabet Change Raises New Risk - BNN Bloomberg
06:01pm, Wednesday, 16'th Feb 2022 BNN Bloomberg
Shares of social-media companies fell on Wednesday, after comments from Alphabet suggested the potential for another headwind to online advertising revenue, months after a similar move at Apple weighed on the industry.
Alphabet Is a Money Machine and Will Keep on Printing Profits
05:56pm, Wednesday, 16'th Feb 2022 InvestorPlace
GOOG stock is an undervalued tech giant and will keep on printing cash. Time to be a buyer with a defined risk spread.
Google Privacy Changes 2022: 14 Things We Know
05:09pm, Wednesday, 16'th Feb 2022 InvestorPlace
Alphabet''s (GOOG) Google has announced 2022 privacy changes for Android that will give users more control of their private information.
APPS Stock: Why Is Digital Turbine Tumbling Today?
04:41pm, Wednesday, 16'th Feb 2022 InvestorPlace
Digital Turbine (APPS) stock isn''t doing so hot today and it''s all thanks to Alphabet''s (GOOG) Google making changes to Android.
Long Live the FAANG Stocks?
04:40pm, Wednesday, 16'th Feb 2022 InvestorPlace
InvestorPlace - Stock Market News, Stock Advice & Trading Tips The FAANG stocks are all down year-to-date, some with double digit losses. Here''s what you need to do to stay ahead of the losses. The post Long Live the FAANG Stocks? appeared first on InvestorPlace . More From InvestorPlace Stock Prodigy Who Found NIO at $2… Says Buy THIS Now Man Who Called Black Monday: “Prepare Now.” Get in Now on Tiny $3 ‘Forever Battery’ Stock Interested in Crypto? Read This First…
Google to limit Android tracking; Social media, ad-tech names slump (NASDAQ:GOOG)
04:07pm, Wednesday, 16'th Feb 2022 Seeking Alpha
Google ([[GOOG]] -0.7%, [[GOOGL]] -0.7%) is building its Privacy Sandbox on the Android mobile device operating system - a move that follows Apple (AAPL -1%) in cutting back ad tracking…
Genesis Raises $200M in Series C Funding
03:52pm, Wednesday, 16'th Feb 2022 FinSMEs
Genesis, a NYC-based application development platform purpose-built for financial markets organizations, raised $200m in funding. The round was led by Tiger Global Management, with participation from Accel, GV (formerly Google Ventures), Illuminate Financial, Insight Partners, Salesforce Ventures and Tribeca Early Stage Partners. The company intends to use the funds to expand the Genesis platform, developer […] The post Genesis Raises $200M in Series C Funding appeared first on FinSMEs .
Innovation - Waymo Partners With Top Freight Firm As Trucking Industry Warms To Robot Drivers
01:09pm, Wednesday, 16'th Feb 2022 Business Mag
Alphabet''s autonomous driving unit, is expanding ties to the freight-hauling industry by teaming up with C.H. Robinson, North America''s biggest logistics platform.
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