News
- BusinessReuters
Bayer investor Deka takes a stand against CEO in annual vote
Bayer shareholder Deka Investment said on Friday it would not join other large investors in supporting the healthcare and agriculture group's management at its annual general meeting. Two other larger German mutual fund management houses, DWS and Union Investment, have said they would vote in favour of approving the management board's action. Bayer CEO Bill Anderson will face questions at the AGM over his decision in March to suspend for up to three years any preparations to break apart the Germ
2 min read - BusinessMotley Fool
Should You Buy SoFi Stock Before Earnings?
Given the better-than-expected macroeconomic conditions to start 2024, SoFi could revise forecasts higher.
1 min read - WorldAssociated Press Finance
These are the countries where TikTok is already banned
TikTok is in the crosshairs of authorities in the U.S., where new legislation threatens a nationwide ban unless its China-based parent ByteDance divests. TikTok is already banned in a handful of countries and from government-issued devices in a number of others, due to official worries that the app poses privacy and cybersecurity concerns. TikTok has long maintained that it doesn’t share data with the Chinese government and its CEO has taken a defiant stance, vowing to fight back.
6 min read - BusinessMotley Fool
Meta Plans to Outsource VR Hardware Development to Boost Profits -- Is It Time to Buy the Stock?
AI could become the primary way we interact with machines, and Meta would like those machines to run on the Horizon OS.
5 min read - BusinessYahoo Finance
Microsoft beats Q3 top and bottom lines on cloud strength
Microsoft reported better than anticipated Q3 earnings on Thursday, powered by growth in its cloud products.
3 min read - BusinessMotley Fool
1 Unstoppable Stock Up 50% in 2024 to Keep Buying Today
Spotify made some tough decisions after its stock collapsed in 2022, but they're starting to pay off.
6 min read - BusinessReuters
Morning Bid: Big Tech see-saw flips positive, yen swings wildly
A volatile week for Wall Street megacaps looks set to end with a positive twist as Microsoft and Alphabet earnings wowed the gallery overnight, while the yen plunged anew in Asia as the Bank of Japan left policy on hold. After a day in which Meta's outsize spend on artificial intelligence appear to spook investors and sent both its stock and the wider tech sector into tailspin, its rivals appeared to steady the ship overnight. Microsoft beat estimates for its quarterly revenue and profit, driv
4 min read
