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Wall Street Analysts Make a Big S&P 500 Call for 2021. Market History Says Ignore Them
Analysts are issuing bullish stock market predictions for 2021, but Wall Street’s history of forecasting the S&P 500 is pretty bearish.
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As Venezuela's Economy Struggles, Some of Its Citizens Turn to a Lucrative Gig: Cybercrime
Cybercrime is flourishing in Venezuela as the country’s deepening economic and political crisis drives thousands into the underground criminal world, according to a report released Thursday by IntSights, a global threat intelligence company. IntSights analysts discovered large-scale and sophisticated efforts to steal personal information from people in Latin America who work for a variety of companies, such as banks and...
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Muted Launch for Google's Game-Streaming Service Stadia
Google’s new game-streaming service Stadia demonstrates the possibilities of gaming from the cloud, but experts say it’s hindered by a lack of compelling games and a somewhat convoluted pricing scheme.
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A Timeline of WikiLeaks' Julian Assange's Time in Self-Exile
WikiLeaks’ founder Julian Assange had spent up to six years in self-imposed exile at the Ecuadorean embassy in London until he was forcibly carried out and arrested by British police. These were the events that led up to it.
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Tense TV: CNN's Blitzer Asks Kellyanne Conway About Husband
Kellyanne Conway told CNN’s Wolf Blitzer that he embarrassed himself following a tense exchange Thursday where he asked the White House counselor to respond to her husband’s criticism of President Donald Trump on television. Lawyer George Conway has frequently attacked his wife’s boss on social media. MSNBC brought him into the studio Wednesday to serve as an analyst during its...
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Apple Is Laying the Groundwork for an iPhone Subscription
Apple investors have speculated for years about the possibility that Apple could sell hardware, like the iPhone, on a subscription basis. It’s been a hot topic of conversation among analysts because investors tend to value the predictability of recurring revenue.
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Apple Is Laying the Groundwork for an iPhone Subscription
Apple investors have speculated for years about the possibility that Apple could sell hardware, like the iPhone, on a subscription basis. It’s been a hot topic of conversation among analysts because investors tend to value the predictability of recurring revenue.
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Tesla's Stock Soars After Company Posts Surprising 3Q Profit
Tesla posted a surprising profit of $143 million in its latest quarter, raising hopes the electric car pioneer may finally be turning the corner after posting mostly losses during its first decade as a publicly held company.
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Bed Bath & Beyond Boosts Store Closure Estimates, Says 60 Stores May Close by End of 2019
Bed Bath & Beyond will close 60 stores by the end of fiscal 2019, the company announced in an earnings call Wednesday. It previously estimated it would shutter 40 stores. Interim CEO Mary Winston said the decision is a result of its work to optimize its fleet. “With this action we are increasing the profitability of our remaining portfolio, and...
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Apple Unveils a Cheaper iPhone and Pricing for Streaming TV
Apple unveiled new iPhones that are largely unchanged from previous models and accompanied by an unexpected price cut for the cheapest model, underscoring the company’s efforts to counteract a sales slump of its flagship product. The company’s new models are so similar to last year’s lineup they may be upstaged by Apple TV Plus, the company’s upcoming video service, which...
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Grateful Earnhardt Jr. Ready for Normalcy at Darlington After Plane Crash
Dale Earnhardt Jr. is grateful to be back at Darlington Raceway preparing to drive two weeks after he and his family escaped a plane in flames following a crash in Tennessee. Earnhardt, set to drive the Xfinity Series event here Saturday, said he and his wife Amy are still processing the frightening events Aug. 15 at the airstrip in Elizabethton,...
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Freeform Finds Audience With Its Millennial-First Approach
Yara Shahidi had a question: Why did it seem like men were disproportionately labeled geniuses compared to women in the same professions? As it turns out, the writers on Shahidi’s Freeform series “grown-ish” were wondering the same thing, and the actress’ mention of the topic made the writers want to explore it in the show. The idea would soon come...
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A Decade After a Split, the Marlboro Men Seek a Reunion
Altria confirmed Tuesday that it is in talks to merge with Philip Morris International more than a decade after splitting itself into two companies. Altria has exclusively sold Marlboro and other cigarette brands in the U.S., while Philip Morris has handled international sales. Both companies have been investing in alternatives to traditional cigarettes amid declining smoking rates around the world....
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How to Opt Out of Arbitration for the New Apple Card (and Why You'd Want to)
Buried in the fine print for the new Apple credit card is what’s called an “arbitration provision.” What that means is that in the event of a dispute with Apple or Goldman Sachs, the bank that actually manages the card and handles the financing, you might have forfeited your right to sue either company. Instead, Goldman Sachs or Apple can...
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While in Chicago, Tiger Woods Backs Redesigned Golf Course
While competing in the BMW Championship outside Chicago this week, Tiger Woods also is backing a redesign of a golf course in the city.
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Alex Rodriguez Has About $500K in Possessions Stolen From Rental Vehicle in SF: Source
Baseball analyst Alex Rodriguez had about half a million dollars worth of possessions stolen from a rental vehicle in San Francisco, according to sources. The former MLB All-Star shortstop and third baseman who now works as a studio analyst for ESPN was in San Francisco for Sunday night’s game between the Giants and Philadelphia Phillies at Oracle Park. No details...
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After Mocking Apple, Samsung Removes Headphone Jack From New Phones
Samsung used to use headphone jacks on its smartphones as a marketing tool against Apple. But Wednesday, Samsung reversed course. Samsung introduced the Galaxy Note 10 and Galaxy Note 10+ Wednesday. Neither phone has a standard 3.5mm headphone jack, a first for the Galaxy Note family which has traditionally tried to distinguish itself from Apple’s iPhones with features Apple doesn’t...
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Kim-Trump Border Meeting: History or Just a Photo-Op?
It sure looked historic: President Donald Trump and North Korean leader Kim Jong Un strode toward each other Sunday from opposite sides of a strip of land that marks one of the world’s most dangerous places. They shook hands and then Trump stepped over the concrete slab that marks the borderline between the Koreas, becoming the first U.S. president to...