Author: franperez66q@protonmail.com
Customers browse in a used car lot in Glendale, California, Feb. 15, 2023.Mario Tama | Getty Images News | Getty ImagesDETROIT — Used car prices fell last month for the first time since October as gas prices rose amid the war in Iran.Cox Automotive’s Manheim Used Vehicle Value Index — which tracks prices of used vehicles sold at its U.S. wholesale auctions — decreased 1.6% last month compared with March and were up 1.8% compared with the same month a year earlier. Cox said affordability remains a key concern for buyers, which is driving increased demand for older vehicles and…
Investing.com — stock rose +2.75% in mid-day trading today to reach $425.35, extending a recovery from its 52-week low of $356.28 hit in late March, as a combination of a software stock recovery, lingering post-earnings momentum, fresh analyst upgrades, and a positive corporate action drove renewed buying interest. Microsoft’s fiscal Q3 2026 results, reported on April 29, showed revenue of $82.9 billion — an 18% year-over-year increase — with operating income rising 20% and diluted EPS of $4.27. That EPS figure beat the consensus estimate of $4.06, representing a 5.18% positive surprise. Azure, Microsoft’s cloud computing unit, surged 40% in…
Last fall, we featured an extensive interview with Petter Törnberg of the University of Amsterdam, who studies the underlying mechanisms of social media that give rise to its worst aspects: the partisan echo chambers, the concentration of influence among a small group of elite users (attention inequality), and the amplification of the most extreme divisive voices. He wasn’t optimistic about social media’s future. Törnberg’s research showed that, while numerous platform-level intervention strategies have been proposed to combat these issues, none are likely to be effective. And it’s not the fault of much-hated algorithms, non-chronological feeds, or our human proclivity for…
Boeing CEO Kelly Ortberg is expected to join President Donald Trump on his visit to China next week, a source familiar with the planemaker’s plans told CNBC on Thursday.Trump is currently set to meet with Chinese President Xi Jinping in Beijing on May 14 and 15.Ortberg signaled in an earnings call late last month that China could soon place an order for a “big number” of Boeing planes, breaking a yearslong drought for the company.But any new deal with China is “100% dependent” on U.S.-Chinese relations, including the outcome of the Trump-Xi summit, Ortberg said.While Boeing has recently resumed deliveries…
GameStop’s mysterious financing letter underpinning its audacious $56 billion bid for eBay is emerging as a central issue in the proposed takeover, as questions mount over whether the deal is actually financeable.The video game retailer said it has lined up a $20 billion financing commitment from TD Securities, part of TD Bank. But a key condition attached to this letter could ultimately make or break the deal: the combined company would need to maintain an investment-grade credit profile, CNBC’s David Faber reported, citing people who have seen the document. Moody’s Ratings said Wednesday the proposed acquisition would be “credit negative”…
Kylian Mbappe exercising inside the gym at Ciudad Real Madrid on May 06, 2026 in Madrid, Spain.Antonio Villalba | Real Madrid | Getty ImagesFrance has emerged as a clear fan favorite for this year’s FIFA World Cup in North America, according to a Bank of America survey — but Microsoft’s Copilot artificial intelligence tool is backing another champion. Roughly 40% of fans surveyed by BofA are betting on another World Cup win for Les Bleus this summer, with France and Real Madrid forward Kylian Mbappé expected to be the “golden boot” winner as the tournament’s top scorer. However, AI says…
Paul Tudor Jones said the artificial intelligence-fueled bull market still has further to run, adding that he recently bought more related stocks as he looked for parallels to earlier tech booms.The billionaire hedge fund manager said recent advances in AI resemble the emergence of transformative technologies such as Microsoft’s early software dominance in the 1980s and the commercialization of the internet in the mid-1990s, periods that ushered in years of productivity gains and market upside.”I kind of think Claude, January of this year, would be the equivalent of when Microsoft came out in ’81,” Jones said Thursday on CNBC’s “Squawk…
Datadog shares surge 28% on strong quarterly results Source link
Microsoft is getting left behind as investors rotate into hotter artificial intelligence stocks. Jim Cramer says this dynamic won’t last forever. “I still own it for the Trust,” Jim said on CNBC on Wednesday, referring to his Charitable Trust , which is the portfolio used by the Investing Club. Jim’s reason to keep the Microsoft position: “I just don’t think that they’re going to sit there and let this happen.” Microsoft has become what Jim calls a “real source of funds,” meaning a stock that portfolio managers and investors are selling to raise the funds to buy other stocks tied…
From a pop-up store in New York’s Soho to wider aisles, Walmart is doubling down on its effort to court high-income shoppers as rising inflation pushes even wealthy consumers to seek value — giving investors in the stock an edge. Shares of Walmart are up a whopping 16.8% for 2026 through Wednesday’s close, more than doubling the S & P 500’s 7.6% advance in that time. Walmart’s surge for the year is also more than five times the S & P 500 consumer discretionary sector’s 3.2% uptick. To boot, Walmart is trading just 3.4% below an all-time high set in…