Author: pluginever
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Amazon Web Services CEO Adam Selipsky to step down
Adam Selipsky, CEO of Amazon’s cloud computing business, will step down from his role next month, the company announced Tuesday. Matt Garman, senior vice president of sales and marketing at Amazon Web Services, will succeed Selipsky, Amazon said. In a memo to employees, Selipsky said he was leaving AWS after almost two decades to spend…
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Comcast to bundle Peacock, Apple+ and Netflix.
Consumers will soon have access to yet another streaming bundle. Comcast (CMCSA) CEO Brian Roberts said early Tuesday that later this month, the company will launch a new offering that combines its Peacock platform, Netflix (NFLX), and Apple TV+ (AAPL). The new bundle, referred to as StreamSaver, will be available to customers of Comcast’s broadband internet…
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RICK stock after spin off
I have put a lot into RICK at this price once they sell / exit Bombshells (restaurant) unit margins of core strip club business will reflect in total margin and the stock will go to -75. Casino opening is an unknown, but if that business takes off and goes to plan I see stock at…
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Walmart to reportedly lay off hundreds of corporate staff and relocate others
Walmart is cutting hundreds of corporate jobs and asking most remote workers to move to offices, the Wall Street Journal reported on Monday, citing people familiar with the matter. Meanwhile, workers at the U.S. retail giant’s smaller offices in Dallas, Atlanta and Toronto are being asked to move to other central hubs such as Walmart’s…
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Is there a specific time in the trading day settlements occur?
As settlement dates shift from T+2 to T+1 is there a specific time for that to happen each day? If a trade happens right before the market session closes is it settled by the time the next market session opens or is it 24-hours after the transaction?
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Sony reports 7% drop in annual profit as PlayStation 5 sales miss trimmed target
Sony on Tuesday reported a 7% drop in annual profits in the fiscal year 2023, dragged down by a decline in its financial services division. The company also narrowly missed its forecast for unit sales of its flagship PlayStation 5 gaming console for the full year. Here’s how Sony did in the March quarter versus…
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Google rolls out its most powerful AI models as competition from OpenAI heats up
Google is using its annual developer conference to showcase what the company is calling its lightest and most efficient artificial intelligence models. At Google I/O on Tuesday, the company announced Gemini 1.5 Flash, the newest addition to the Gemini model series. “We heard from developers that they wanted something faster and even more cost effective,”…
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100 shares of 3 stocks for the long term
If you were in your early 30s and were going to buy 100 shares of 3 stocks what would you pick? Minimum 5 year outlook. Wanting to just buy and hold for a few years. Let’s say within $200 a share range.
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r/Stocks Daily Discussion Wednesday – May 15, 2024
These daily discussions run from Monday to Friday including during our themed posts. Some helpful links: Finviz for charts, fundamentals, and aggregated news on individual stocks Bloomberg market news StreetInsider news: Market Check – Possibly why the market is doing what it's doing including sudden spikes/dips Reuters aggregated – Global news If you have a…
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Nvidia Stock Faces Decline In Coming Years As AI Chip Demand Softens, Warns Analyst: ‘We’re Looking At The Horizon’
The future of NVIDIA Corp (NASDAQ:NVDA) stock might not be as promising as its recent performance suggests, according to a prominent analyst. What Happened: DA Davidson analyst Gil Luria has cautioned that Nvidia’s stock might not be able to sustain its meteoric rise due to a potential decline in demand for its GPUs, according to…