Reported 3 days ago
Andrew Ferguson, the FTC chair, has raised concerns about Gmail's spam filters, suggesting they have a partisan effect by blocking emails from Republican senders while allowing similar messages from Democrats. In a letter to Alphabet CEO Sundar Pichai, Ferguson warned that such practices could violate FTC regulations and lead to investigations. Google defended its spam filter system, claiming it is based on objective criteria and applied equally to all senders.
Source: YAHOO
Reported 3 days ago
The UK's recent enforcement of the Online Safety Act's age-check rules for pornography websites appears to be inadvertently hurting compliant sites while boosting traffic for those that do not adhere to the regulations. A study revealed that many non-compliant sites saw significant traffic increases, while compliant platforms struggled, highlighting the unintended consequences of the law.
Source: YAHOO
Reported 3 days ago
A 61-year-old mother from Sacramento, California, faced financial distress after financing a $27,000 car for her daughter, who failed to refinance it in her name despite her promise. After a year of escalating costs, including tolls and insurance still in her name, the mother sought help from financial expert Dave Ramsey, who advised her to sell the car and buy a more affordable vehicle instead of considering a home equity line of credit. He emphasized that misguided generosity can lead to detrimental outcomes.
Source: YAHOO
Reported 3 days ago
Selling football tickets can be a lucrative venture, especially for season ticket holders looking to offset expenses. However, it's crucial to understand the evolving tax rules regarding the 1099-K form for ticket resales. Recent changes have reverted the reporting requirement threshold back to $20,000 and 200 transactions, meaning many casual sellers may not receive a 1099-K. Despite this, profits from ticket sales must still be reported to the IRS, highlighting the importance of keeping accurate records. Taxpayers should be aware of possible variations in state laws affecting 1099-K issuance.
Source: YAHOO
Reported 3 days ago
Beast Industries, owned by popular YouTuber MrBeast, is revising its giveaway strategy under new CEO Jeffrey Housenbold, focusing on securing products for free or at discounts instead of paying retail prices. This shift comes as the company seeks to turn profitable after facing financial losses last year due to high media spending. Housenbold aims to reduce expenses while maintaining MrBeast’s unique video appeal, potentially influencing operational strategies for other content creators in the digital space.
Source: YAHOO
Reported 3 days ago
Veteran filmmaker Jim Jarmusch expressed disappointment regarding Mubi's recent $100 million funding from Sequoia Capital, particularly due to its ties to Israeli defense tech amidst the Gaza conflict. While premiering his film 'Father Mother Sister Brother' at the Venice Film Festival, Jarmusch clarified his positive past collaboration with Mubi but acknowledged concerns from fellow filmmakers who criticize Mubi's financial connections.
Source: YAHOO
Reported 3 days ago
The discourse surrounding a potential XRP exchange-traded fund (ETF) has analysts split, with some predicting significant institutional interest and others warning it may signal XRP's decline. While AdrianoFeria.eth doubted XRP’s future institutional demand, Canary Capital’s Steven McClurg estimated that XRP ETFs could raise up to $5 billion in their first month, potentially rivaling Ethereum's market presence. As the SEC reviews 92 pending crypto ETF applications, including for XRP, the outcome may reshape the future of cryptocurrency investments.
Source: YAHOO
Reported 3 days ago
NBA star Tristan Thompson is venturing into the world of artificial intelligence with TracyAI, a platform designed to provide real-time NBA analysis and insights. Recognizing the projected $3.6 trillion market for AI by 2034, Thompson aims to fill the gap in AI applications within sports, offering fans access to advanced statistics and predictions. He sees this project as a pioneering opportunity to revolutionize the way basketball enthusiasts engage with the game.
Source: YAHOO
Reported 3 days ago
Warren Buffett has announced his retirement as CEO of Berkshire Hathaway on his 95th birthday, prompting discussions about his long tenure beyond typical retirement age and the motivations behind it. Known for his deep connection to his work, Buffett transformed the company into a major global force, and his retirement raises questions about its future leadership. His philanthropic efforts and the recent passing of his close associate, Charlie Munger, may have influenced his decision to step down, signaling a shift in corporate dynamics towards prioritizing work-life balance.
Source: YAHOO
Reported 3 days ago
Building wealth doesn't have to be complicated. This article outlines seven straightforward saving habits that can help you meet your financial goals. Starting with automatic transfers to bank accounts, organizing debts, paying with cash, and planning purchases can significantly enhance your savings. It also encourages reviewing monthly bills for potential savings and understanding personal spending triggers to curb unnecessary expenses. By implementing these strategies, you can simplify your approach to saving and enhance your financial health.
Source: YAHOO
Reported 3 days ago
Nvidia and Alphabet are two leading stocks poised for long-term growth due to their strong positions in AI and digital advertising, respectively. Nvidia dominates the AI infrastructure market with significant revenue growth and a robust product lineup, while Alphabet shows resilience in digital advertising and growing cloud services, making it an attractive buy. Both companies' strong financials, innovation in AI integration, and substantial cash reserves suggest they are wise choices for investors looking to hold for years to come.
Source: YAHOO
Reported 3 days ago
As markets reach all-time highs, fund managers face the dilemma of either remaining fully invested, risking significant drawdowns, or holding back and potentially underperforming. Instead of relying on unpredictable macroeconomic forecasts, the article emphasizes the importance of catalysts—tangible corporate actions such as spin-offs and restructurings—that can create their own return paths. These catalysts not only provide protection during market fluctuations but also unlock value independently of broader market movements, making them the key factor for success in high market conditions.
Source: YAHOO
Reported 3 days ago
Bitcoin's price dropped to around $108,800 on August 31, 2025, marking a 6% monthly loss as traders shifted focus to Ethereum, which saw a 25% gain. With historical data showing August has been mostly negative for BTC, and current macroeconomic conditions leaning towards a potential rate cut by the Fed, focus turns to whether institutional players like Michael Saylor will buy more Bitcoin, potentially pushing prices higher in September.
Source: YAHOO
Reported 4 days ago
The University of Hong Kong (HKU) Business School has announced plans to accept Bitcoin and other digital currencies for tuition fees and donations, as part of a broader initiative to establish Hong Kong as a global hub for digital assets. The school's dean, Professor Hongbin Cai, confirmed that technical details are in place and expressed a willingness to experiment with cryptocurrencies, despite potential financial risks. This move aligns with recent regulatory frameworks introduced by the Hong Kong Monetary Authority aimed at promoting digital asset compliance and innovation.
Source: YAHOO
Reported 4 days ago
Confluent Inc. (NASDAQ:CFLT) saw its shares surge by 11.6% during the past week, largely driven by heightened market optimism surrounding potential interest rate cuts and a positive earnings report from peer MongoDB (NASDAQ:MDB), which revealed a reduced net loss and increased revenues. The company's stock climbed significantly before retracting towards the end of the week. Following this performance, investors are keenly awaiting Confluent's upcoming presentation at the Goldman Sachs Conference on September 8 for further insights into its business strategy.
Source: YAHOO
Reported 4 days ago
Ambarella, Inc. (NASDAQ:AMBA) experienced a remarkable surge, with shares climbing up to 32% to reach a new record high of $93.44, driven by an optimistic outlook and strong earnings for the second quarter. The company raised its full-year revenue growth forecast to 31-35%, highlighting production growth in the AI market, and reported a significant decrease in net loss along with a 49.9% increase in quarterly revenues. Despite this momentum, concerns persist regarding whether AMBA can deliver higher returns compared to other AI stocks.
Source: YAHOO
Reported 4 days ago
Cipher Mining Inc. (NASDAQ:CIFR) experienced a significant surge, reaching an all-time high of $8.71 on August 31, 2025, driven by increasing investor optimism in cryptocurrencies. The company's shares rose by 19.7% week-on-week and saw a notable 36.5% jump over the last five trading days before closing at $7.64. This rise comes amid positive developments in the crypto sector, including broader adoption of Bitcoin and supportive regulatory frameworks, along with a buy recommendation from Canaccord with a target price of $9.
Source: YAHOO
Reported 4 days ago
Snowflake Inc. (NYSE:SNOW) experienced a significant share price increase of 21.26% week-over-week, driven by strong second-quarter earnings and an optimistic growth outlook for the upcoming third quarter. The company reported a reduction in its net loss and a 32% year-on-year revenue growth, reaching $1.14 billion. CEO Sridhar Ramaswamy highlighted the company's strong customer base and opportunities for further expansion in data and AI solutions.
Source: YAHOO
Reported 4 days ago
IREN Ltd. (NASDAQ: IREN) surged by 23.56% week-on-week, achieving a new all-time high as investors reacted positively to its impressive earnings and designation as a preferred partner by Nvidia Corp. The company's earnings report revealed a significant turnaround to profitability with $86.9 million and a revenue increase of 167.6% to $501 million, largely driven by Bitcoin mining and AI cloud services. The company also expanded its GPU fleet significantly, positioning itself for continued growth in the tech sector.
Source: YAHOO
Reported 4 days ago
Polestar Automotive Holding UK PLC (NASDAQ:PSNY) experienced a significant surge of 25.69% in its stock value as investors adjusted their portfolios ahead of the company's upcoming earnings report for Q2, slated for release on September 3. The automotive firm reported a 38% increase in retail sales volume during the second quarter, which raised its first half retail sales volume by 51%, showcasing strong demand despite global trade uncertainties.
Source: YAHOO
Reported 4 days ago
A 40-year-old user on Reddit sought advice on saving and investing with $1,000, particularly considering options like a Roth IRA or high-yield savings account due to previous bank frustrations. Respondents emphasized the importance of establishing an emergency fund before investing, as Roth IRAs lock funds until retirement age. Once an emergency fund is in place, the user can invest in a Roth IRA and eventually open a brokerage account to access funds more readily, highlighting a step-by-step approach to building wealth later in life.
Source: YAHOO
Reported 4 days ago
Pure Storage, Inc. (NYSE:PSTG) experienced a remarkable 33.05% increase in stock value, reaching a 52-week high of $80.68 following strong revenue performance attributed to its partnership with Meta Platforms Inc. The company's net income rose by 32% year-on-year to $47 million, with revenues increasing by 12.69% to $861 million, significantly aided by its collaboration with Meta. Pure Storage has also increased its full-year revenue growth outlook to between $3.6 billion and $3.63 billion, reflecting a positive growth trajectory.
Source: YAHOO
Reported 4 days ago
Wheels Up Experience Inc. (NYSE:UP) saw a significant 35% increase in stock value, driven by investor optimism over the divestiture of three non-core businesses, expected to save the company approximately $50 million. The stock reached an all-time high of $3.5 before profit-taking slightly reduced gains. CEO George Mattson highlighted the importance of this sale in enhancing the company’s financial stability and fostering future growth.
Source: YAHOO
Reported 4 days ago
MongoDB, Inc. (NASDAQ: MDB) reached a nine-month high, surging 44.07% week-on-week to $321.92 after reporting strong second-quarter earnings, with revenues rising 23.7% to $591 million and a reduced net loss of $47 million. The company also received an upgraded price target of $265 from Macquarie, reflecting confidence in its changing go-to-market strategy, although the firm maintained a neutral stance on the stock.
Source: YAHOO
Reported 4 days ago
EchoStar Corp. (SATS) surged by 108.61% over the past week to reach a new all-time high, driven by a significant $23 billion agreement with AT&T for spectrum licenses that mitigated regulatory hurdles and alleviated bankruptcy fears. The stock peaked at $61.87 during Friday's trading before closing slightly lower at $61.79. This deal not only resolves compliance issues with the FCC, but also marks a major step forward for the company, which had faced scrutiny regarding its 5G service obligations.
Source: YAHOO