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Tesla Closes Below $600 for the First Time Since December — Here's What's Weighing the Stock Down
The threat of inflation is hurting stocks that are based on presumed future growth, and competition and parts shortages are also hurting.
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Big Tech Critic Tim Wu Joins Biden Administration to Work on Competition Policy
Tim Wu’s hire signals the Biden administration is serious about competition policy and will likely be viewed favorably among progressives.
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Time to Add to Tesla Shares in Latest Nasdaq Sell-Off, Trader Says
Todd Gordon of TradingAnalysis.com says this sell-off is an opportunity to add to a Tesla position.
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The NBA Will Play a Key Role in Snap's Quest for 50% Revenue Growth
Snapchat said its NBA content is up 25% as the league prepares for its 2021 All-Star Game. The parties renewed their revenue-share agreement in June.
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Why This Rate-Driven Sell-Off Is Hitting Tech Stocks Hardest
The stock market is a discounting mechanism: It is a way of trying to figure out what a future stream of cash flow — or earnings — is worth today.
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‘Vaccine Passports' Will Help You Travel Abroad This Year. But They Won't Be Without Their Challenges
As vaccination rollouts gather pace around the world, attention is now turning to vaccines of another kind: vaccine passports.
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U.S. Stocks Fall After Powell's Inflation Warning — Here's What Investors Are Watching Now
U.S. stocks tumbled after Fed Chairman Jerome Powell said the reopening could cause temporary inflation. Here’s what investors are saying about the markets.
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Apple Faces Antitrust Probe in the UK Over Its App Store Rules
The U.K.’s Competition and Markets Authority is investigating Apple over complaints from software developers about its App Store.
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Amazon Accused of Copying Camera Gear Maker's Top-Selling Item
San Francisco-based Peak Design is calling out Amazon for copying its top-selling “Everyday Sling” bag.
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Nasdaq Seesaws After Sell-Off, Two Market Watchers Break Down What the Move Means
As the tech sell-off presses pause, two market watchers break down the move after a dayslong decline.
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Dow Drops More Than 460 Points to End Losing Week on Rate Fears
The weakness came even after the personal consumption expenditures price index that the Federal Reserve watches indicated subdued inflation in January.
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Hopin Rides the Pandemic-Driven Boom in Online Events to a $5.65 Billion Valuation
Hopin says it’s raised $400 million at a $5.65 billion valuation, more than double what it was worth in a November investment round.
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Apple Has an Easy New Way to Copy All Your Photos and Videos to Google Photos
It’s an easy way to move everything over if you’re switching to an Android phone, since you can’t upload to Apple Photos from an Android phone.
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S&P 500 Falls More Than 1% as Tech Stocks Get Hit Amid a Jump in Bond Yields
The weakness in the stock market came as the 10-year Treasury yield extended its gains.
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Ride-Sharing Stocks a Rare Bright Spot in Otherwise Miserable Day for Tech
Lyft stock closed up more than 8%, while Uber gained 2.6%.
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Twitter Isn't Worried About Apple's Big Privacy Change, Says It'll Level the Playing Field
Twitter CFO Ned Segal said the company is feeling confident as it prepares for Apple’s planned IDFA privacy update to iOS 14.
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Arizona House Passes Bill That Threatens Apple and Google's App Stores
The vote is a setback for Apple, which opposed it, and a victory for the Coalition for App Fairness, a group representing app makers, which backed the bill.
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Fortnite Creator Epic Games Buys the Developer of Fall Guys, a Title That Defined the Pandemic Gaming Boom
Fortnite developer Epic Games has acquired Tonic Games Group, the British studio behind smash hit video game Fall Guys.
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Facebook Lowers Expectations for Its Upcoming Ray-Ban Smart Glasses
Facebook CFO David Wehner lowered expectations for what that the company’s upcoming Ray-Ban smart glasses will be capable of.
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Microsoft Shows Off Its Vision for Future Meetings, With Your Colleagues as Holograms Floating in Space
Microsoft’s Mesh cloud service will enable applications in which people can share holograms, speak with one another, make doodles and appear as virtual avatars.