Author: Press Room
You may have seen a screenshot circulating on X showing a fake email saying Gmail would be sunset.But don’t worry: Your Gmail is safe.Google posted to X saying “Gmail is here to stay.” Thanks for signing up! Access your favorite topics in a personalized feed while you’re on the go. download the app Fear not, Gmail users: You’re not about to lose your email.Google has set the record straight after an unofficial post with a fake screenshot claiming “Gmail is coming to a close” circulated online.Some users who shared the phony email online seemed to know it was fake and…
We previously covered C3.ai (NYSE:AI) in December 2023, highlighting its improved near-term prospects, attributed to the reduced sales friction with lower average contract value (lower price points) and shorter sales cycle. Combined with the growing ratio of subscription revenue and higher projected conversion rate, it appeared that the management’s new business model was working as intended. Despite so, we maintained our Hold rating, since we believed that there was a minimal margin of safety at those inflated levels, with the stock overly buoyed by the generative AI hype. In this article, we shall discuss why C3.ai remains overly lofty here,…
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Joe Biden appeared to deepen his rift with Benjamin Netanyahu on Friday, publicly praising a top Democrat’s remarks that called for the Israeli prime minister’s removal as a “good speech” that expressed “concerns” shared by many Americans.His comments to reporters on Friday morning are the latest sign that the US president has all but given up on Netanyahu, who has angered his backers in the White House by failing to allow more aid into Gaza and pursuing war tactics that have killed…
Senate Minority Leader Mitch McConnell ramped up his scathing criticism of Senate Majority Leader Chuck Schumer in the aftermath of the New York Democrat’s stunning call for a new leadership in Israel amid the brutal war in Gaza, underscoring the growing partisan divide over Israel – a rare issue that had long unified the two parties. In an interview with CNN, McConnell said Schumer’s speech was a direct contradiction of US policy and called on the White House not to go down that road. “You can’t spend years hyperventilating about foreign interference in our democracy and then turn around and…
Investing.com– Gold prices rose to a record high in Asian trade on Thursday, buoyed chiefly by comments from Federal Reserve Chair Jerome Powell that the central bank will cut interest rates in 2024. The yellow metal extended a strong rally from last week amid growing optimism over U.S. interest rate cuts, with traders largely holding on to bets that the central bank will begin its rate cutting cycle by as soon as June. jumped more than 0.4% to a record high of $2,161.19 an ounce, while expiring in April hit a peak of $2,168.10 an ounce. “The recent rally has…
A look at the day ahead in European and global markets from Kevin Buckland European traders looking to Asia for direction are going to be pulled in two directions, with Hong Kong led lower by property shares as it limped into the Lunar New Year break, while Japan powered to a new post-bubble, 34-year peak. Hong Kong investors may at least have been thankful for only half a day of trading, with a subindex of mainland property shares diving more than 3%. Mainland stocks are already on holiday, having ended their week on a high after Beijing appointed a new…
For most people, there is a belief that aging well is a matter of luck. In their minds, how they age depends on how long their parents or grandparents lived and that’s about it. However, research tells us, that simply isn’t all there is to know. Movement of our bodies In our history, parents and grandparents probably lived a very different life from how typical Americans lived. Perhaps they were more active because they didn’t have all the automated conveniences, and access to the internet as we do today. Daily activity, moving our bodies is a critical component of how…
Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Friday’s key moments. U.S. stocks declined on Friday as investors looked to wrap up a volatile trading week. The S & P 500 and Nasdaq slipped 0.4% and 0.5%, respectively, in morning trading. The blue-chip Dow was down slightly as well. This follows a losing session, spurred by inflation concerns on Thursday’s hotter-than-expected producer price index print. Shares of chip names like Nvidia and Broadcom whipsawed this week. Still, Jim Cramer said investors shouldn’t worry about the group…
Rolf Habben Jansen, CEO of Hapag-Lloyd, the world’s fifth-largest ocean carrier, tells CNBC he has an improved view on trade for the rest of 2024. Conversations with clients and other logistics companies have led the shipping CEO to a more optimistic view on demand in the second half of the year than projected in previous forecasts.”We also see that inventories are depleted in many cases and so far we’ve seen a good recovery after Chinese New Year,” Jansen said. “So we’ve been fairly happy with that.”The company reported a steep drop in its 2023 net profit this week and slashed…
Lyft and Uber will stop offering services in Minneapolis on May 1 after the city council overrode the mayor’s veto of a minimum wage for rideshare drivers. The city council on Thursday voted 10-3 in favor of the override, allowing rideshare drivers to be paid the local minimum wage of $15.57 an hour. Lyft said in a statement the bill was “deeply flawed” and that the ordinance makes its “operations unsustainable.” “We support a minimum earning standard for drivers, but it should be done in an honest way that keeps the service affordable for riders,” said a Lyft spokesperson. Uber…
