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☆ Investors Aren’t Buying Apple’s New iPhone
▼ + stars: | 2023-11-03 | by ( Dan Gallagher | ) www.wsj.com time to read: 1 min

Apple’s stock has recently been underperforming its big tech peers. Photo: Brittany Peterson/Associated PressCompared with its big tech peers inflated by artificial-intelligence hype, Apple seemed to have the lowest bar to clear in the current earnings season. At the very least, Apple’s fiscal fourth-quarter results late Thursday indicate that its newest iPhones aren’t off to a raging start. The company launched the iPhone 15 family during its usual window about a week before the quarter’s end in late September. But that compares with a 10% gain in the previous year’s fourth quarter and a 47% surge in 2021, when the iPhone 13 family launched to surprisingly strong demand.

Persons: Brittany Peterson Organizations: Associated

☆ Ukrainian troops battle exhaustion as war drags into second winter
▼ + stars: | 2023-11-03 | by ( Max Hunder | ) www.reuters.com time to read: +7 min

"Non-stop fighting, assaults, evacuations, and you know, I managed it," he told a Reuters reporter visiting his position on Thursday. FALTERING OFFENSIVEIstoryk serves in a rifles battalion of the 67th Mechanised Brigade in the Serebryanskyi forest in the Luhansk region. More dramatic advances are still possible; last year Russian forces swiftly retreated from positions in Kherson region in early November. "We're exhausted, they're exhausted. Additional reporting by Ivan Lyubysh-Kirdey; Writing by Mike Collett-White Editing by Gareth JonesOur Standards: The Thomson Reuters Trust Principles.

Persons: Alina Smutko, Valery Zaluzhnyi, Zaluzhnyi, Istoryk, Oleksandr Popov, Michael Kofman, Velyka Novosilka, Popov, Ivan Lyubysh, Mike Collett, Gareth Jones Organizations: 67th Mechanised Brigade, Armed Forces, REUTERS, Russian, Reuters, Carnegie Endowment, International, Artillery, Thomson Locations: Ukraine, Kreminna, Luhansk region, West, KREMINNA, pinewood, Russia, Kyiv's, Kyiv, Luhansk, Russia's Belgorod, Azov, Kherson region, Bakhmut, Orikhiv, Velyka, Lyman, North Korea, Zakhid

NEW YORK (AP) — Robert De Niro’s former top executive assistant said she found it “creepy” when the actor insisted she scratch his back, an example of behavior she found controlling and abusive before she quit her job in 2019, she testified Friday at a New York civil trial. I lost my life. De Niro has asked a jury to award him $6 million on breach of loyalty and fiduciary duty grounds. Robinson portrayed De Niro in her testimony as sexist with his language toward female employees and discriminatory in how he paid them. “He was screaming about not being able to find some of the presents,” Robinson said.

Persons: — Robert De Niro’s, Graham Chase Robinson, De Niro, ”, “, hasn't, Robinson, Niro, Chase Robinson, Hunter ”, Martin Scorsese, ” Robinson Organizations: De, Canal Productions Locations: New York, Manhattan

☆ Celebrating Literature That ‘Brings the World Close’
▼ + stars: | 2023-11-02 | by ( Robert Ito | ) www.nytimes.com time to read: +1 min

Words Without Borders, one of the few magazines in the world dedicated to literature in translation, is turning 20 at a fraught time: Around the world, wars are raging. Writers are being jailed, dissident voices silenced and books banned. The answer, said Karen M. Phillips, the magazine’s executive editor and publisher, was right there, baked into their mission — to gather and celebrate international literature, and in doing so, strengthen the connection between readers and writers around the world. “Literature is a really powerful space for imagining new ways forward, or thinking through situations that are impossible if you take them head on as facts,” she said. “We’re always publishing contemporary writers who are reflecting, through their literature, the events and crises of the world.”

Persons: Karen M, Phillips, ”, “ We’re

☆ Opinion | Israel Is Silencing Internal Critics
▼ + stars: | 2023-11-02 | by ( Michael Sfard | ) www.nytimes.com time to read: +10 min

Freedom of political expression in Israel with regard to the Israeli-Arab conflict, especially with regard to Israeli policy toward Palestinians, has always been precarious, especially for the Palestinian citizens of Israel. It shouldn’t be surprising: In societies that contain widespread nationalistic tendencies, as is sadly the case in Israel, war and national tragedies create the perfect environment for witch hunts and the accelerated branding of critics and minorities as enemies from within. The suppression of speech and targeting of critics of Israel’s policy toward the conflict has always had a strategic goal. Crushing dissent and eliminating the political force of Palestinian citizens of Israel are crucial conditions that must be met to achieve that goal. Michael Sfard is an Israeli human rights lawyer and the author of “The Wall and the Gate: Israel, Palestine and the Legal Battle for Human Rights.”

Persons: Nurit Peled, Jean, Paul Sartre, “, Ms, Elhanan, Sakharov, —, ”, Itamar Ben, Benjamin Netanyahu, Castigating, they’ve, Israel Frey, Frey, Michael Sfard Organizations: Legal Center, Arab, Rights, Academia, Equality, Education, Israel Police, Twitter, police, Human Rights Locations: Jerusalem, French, Israel, Gaza, Haifa, Umm, Jordan, Palestine

☆ ‘All the Light We Cannot See’ Review: A Resistible Resistance Drama
▼ + stars: | 2023-11-01 | by ( John Anderson | ) www.wsj.com time to read: +1 min

Aria Mia Loberti and Mark Ruffalo Photo: NETFLIXTo judge by “All the Light We Cannot See,” it’s no wonder the Nazis lost World War II. They can’t even find the one angelic blind girl with a radio transmitter sending out coded messages. All the Light We Cannot See Thursday, NetflixThe series certainly is. Based on the popular novel by Anthony Doerr and set in the occupied France of 1944, it involves the French, English-accented Marie-Laure (Aria Mia Loberti) and German soldier Werner Pfennig (Louis Hofmann). As has probably already become clear, one needs to approach this four-part series as a fairy tale, or surrender unconditionally.

Persons: Aria Mia Loberti, Mark Ruffalo, “, ”, Anthony Doerr, Marie, Laure, Werner Pfennig, Louis Hofmann Organizations: NETFLIX, Netflix Locations: France, Saint, Malo

☆ Li Keqiang: Death of China’s former premier offers glimpse into discontent with Xi Jinping
▼ + stars: | 2023-11-01 | by ( Cnn Staff | ) edition.cnn.com time to read: +11 min

CNN —The sudden death of China’s former Premier Li Keqiang has spurred an outpouring of grief and mourning across the country. But for many, it also appears to offer a rare opening to air pent-up discontent with top leader Xi Jinping and the direction he has taken the country. His death, just months after his retirement, shocked the Chinese public. German Chancellor Angela Merkel and Chinese Premier Li Keqiang review a guard of honor prior to a meeting at the Chancellery on July 9, 2018 in Berlin, Germany. Chinese Premier Li Keqiang visits a hospital in Wuhan on January 27, 2020, days after the city was placed under a complete lockdown to curb the raging Covid-19 outbreak.

Persons: Li Keqiang, Xi Jinping, Li, Xi –, ”, Alfred Wu, Lee, “, Xi, Angela Merkel, Sean Gallup, Zhang Lun, Mao Zedong, Zhang, “ I’ve, Wu, Li Tao, Zhou Enlai, Mao, Hu Yaobang, Fish Leong, ” Zhang Organizations: CNN, Communist, Lee Kuan Yew, of Public Policy, Getty, Studies, University of Cergy, Peking University, Li, AP Party, Communist Party, Xinhua, CPC, Party Locations: Shanghai, China, Singapore, German, Berlin, Germany, Pontoise, France, Communist China, Wuhan, AFP, Yunnan province, Weibo, Malaysian, Hefei, Anhui, Zhengzhou, Henan, Beijing

☆ Opinion: The shocking resurgence of antisemitism
▼ + stars: | 2023-11-01 | by ( Opinion Frida Ghitis | ) edition.cnn.com time to read: +10 min

She is a weekly opinion contributor to CNN, a contributing columnist to The Washington Post and a columnist for World Politics Review. Frida Ghitis CNNA few of the rioters carried Palestinian flags, underscoring the obvious link between the attack and the war between Israel and Hamas. In terrifying scenes, the rampaging crowd, some shouting “Allahu akbar,” surrounded passengers, pressuring them to prove they were not Jewish. Universities have become hotbeds of antisemitism, with Jewish students fearing for their safety. (Police have since arrested a Cornell student after he allegedly threatened to kill Jewish students.)

Persons: Frida Ghitis, “ Allahu akbar, ”, —, Christopher Wray, Michael Koplow, “, Simon Sebag Montefiore, Stalin, Hitler, “ I’m, Olaf Scholz, Biden, Israel, that’s, It’s, Vladimir Putin, Rabbi Alexander Boroa, — “ Hitler Organizations: CNN, Washington Post, Politics, Frida Ghitis CNN, Hamas, Makhachkala Uytash, United Nations General Assembly, Universities, Cornell University, Ivy League, Police, Cornell, The Cooper Union, Israel, Republican, Boston Marathon, Federation of Jewish Locations: Dagestan, Russian, Tel Aviv, Israel, Gaza, Egypt, Makhachkala, Russian Republic of Dagestan, Palestine, New York, menacingly, Austria, South Africa, Nicaragua, Germany, Venezuela, Milan, Hamburg, Berlin, Australia, Argentina, Russia, China, United States, Caucusus, Moscow, Ukraine, Washington

[1/6] Rmeich's sign is seen amidst tension between Israel and Hezbollah, in the Christian village of Rmeich, Lebanon, October 31, 2023. Rmeich is one of around a dozen or more Christian villages near the border with Israel in predominantly Shi'ite Muslim south Lebanon. There is no work or money," said Charbel Al Alam, 58, who makes his living from farming tobacco, historically an important industry for south Lebanon. "In the 2006 war, tobacco plants dried out in the fields and no one was able to harvest it. We don't want war, we're a peaceful village ... so the village remains safe if others flee to it."

Persons: Zohra, Israel, Toni Elias, We're, Elias, Rmeich, Georges Madi, Al Alam, Milad Al Alam, Hezbollah's, Riham, Tom Perry, Gareth Jones Organizations: Hezbollah, REUTERS, Palestinian, Hamas, Thomson Locations: Israel, Christian, Rmeich, Lebanon, Lebanese, Iran, Muslim

☆ The US economy is surging – but problems elsewhere could still torpedo profits for big companies like Apple and Tesla
▼ + stars: | 2023-11-01 | by ( Huileng Tan | George Glover | ) www.businessinsider.com time to read: +6 min

The US economy is surging, with growth coming in at a hotter-than-expected 4.9% for the third quarter. But problems elsewhere could still be bad news for big US companies, including Apple and Tesla. China's slowing economy and the war between Israel and Hamas are both potential headwinds, according to analysts. AdvertisementAdvertisementThe China challengeThat's bad news for mega-cap US firms such as Apple and Tesla, which count the Asian nation as a major market. On balance, risks to global growth continue to be skewed to the downside," the International Monetary Fund said in its Global Financial Stability report published last month.

Persons: —, Ukraine — that's, headwinds, Goldman Sachs, GfK, Michael Field, it's, Tom Donilon, Susan Li, Li Organizations: Apple, Service, Nvidia, Intel, Nike, China —, Morningstar Research, stoke, of America, DuPont, Procter, Gamble, International Monetary Fund Locations: Israel, China, Ukraine, Beijing, BlackRock, Iran

WAR IN YEMENThe war began in late 2014 when Sanaa was seized by the Houthis. Saudi Arabia has been holding talks with the Houthis in a bid to exit the war. But the Houthi attacks on Israel have increased the risks of conflict for Saudi Arabia. Part of an "Axis of Resistance" backed by Iran, the Houthis have rallied behind the Palestinians since Hamas attacked Israel. The Houthis' slogan is "Death to America, Death to Israel, curse the Jews and victory to Islam".

Persons: Houthis, Sanaa, Yahya Saree, Saree, Nick Macfie Organizations: ISRAEL Houthi, ., AIM, United Arab, Thomson Locations: DUBAI, Israel, Sanaa, Yemen, Islam, Saudi Arabia, YEMEN, Shi'ite Iran, Saudi, Aden, Egypt, Iran, America, IRAN, United Arab Emirates, Iranian

Macurdy asked De Niro whether it was true that he sometimes urinated as he spoke with Robinson on the telephone. Sometimes, De Niro sounded like he wanted to leave the witness stand. He rejected Macurdy's suggestion that he sued Robinson before she sued him because he wanted publicity. It's the last thing I wanted to do,” De Niro said. De Niro, 80, has won two Oscars in a six-decade movie career that has featured memorable roles in films including “The Deer Hunter” and “Raging Bull."

Persons: Robert De Niro, Graham Chase Robinson, De, Andrew Macurdy, Robinson, De Niro, De Niro's, Niro, Macurdy, ” De Niro, “, —, ”, Chase Robinson, Judge Lewis J, Liman, ” “, ” Macurdy, Hunter ”, Martin Scorsese's Organizations: De, Canal Productions Locations: New York, Europe, California

His statement confirmed the widening scope of a conflict that has unnerved states including the world's biggest oil exporter Saudi Arabia, hardening fears of spillover as Israel seeks to destroy Hamas in its Gaza Strip stronghold. The Houthis have demonstrated their missile and drone capabilities during the Yemen war in attacks on Saudi Arabia and the United Arab Emirates. Saudi Arabia has been holding talks with the Houthis in a bid to exit the war, as Riyadh focuses on economic priorities at home. But Houthi missile and drone attacks on Israel have increased the risks of conflict for Saudi Arabia. Saudi analyst Aziz Alghashian said Saudi Arabia would be worried about the conflict spilling across its own borders.

Persons: Yahya Saree, spillover, Saree, Tzachi Hanegbi, Hossein Amirabdollahian, Mohanad Hage Ali, Aziz Alghashian, Nadine Awadalla, Nayera Abdallah, Tom Perry, Henriette Chacar, Ari Rabinovitch, Mohamed Ghobari, Angus MacSwan, Gareth Jones Organizations: Resistance, Mideast DUBAI, ., Israeli National Security, U.S, Lebanese, United, United Arab Emirates, Zionist, Carnegie Middle East Center, Thomson Locations: Iran, Israel, Sanaa, Saudi, Saudi Arabia, Gaza, Egypt, America, United States, Iraq, Syria, Yemen, United Arab, Iranian, Qatar, SAUDI, Riyadh, Jordan, Tehran, Dubai, Beirut, Parisa, Jerusalem, Aden

☆ Two Dead, Dozens of Homes Destroyed as Bushfires Rage Across Eastern Australia
▼ + stars: | 2023-10-31 | by ( Oct. | At A.M. | ) www.usnews.com time to read: +1 min

SYDNEY (Reuters) - Two people have been killed and dozens of homes destroyed in bushfires raging across Australia's northern Queensland state, as firefighters travel from across the country and from New Zealand to try and contain the out-of-control blazes. Residents have been told to evacuate from two massive bushfires in the southeast portion of Queensland, even as dozens of fires continue to burn across the state where at least 45 homes have been destroyed and two people killed since last week. "These are heartbreaking scenes when people lose their houses," Albanese said from the town of Bundaberg, near one of the large fires. Firefighters from the neighbouring state of Victoria and New Zealand were on their way to help, Albanese added. More than 7,500 hectares (18,500 acres) are burning out of control in the neighbouring state of New South Wales, only 40 kms (25 miles) from one of the Queensland fires.

Persons: Anthony Albanese, " Albanese, Albanese, Firefighters, Lewis Jackson, Michael Perry Organizations: SYDNEY, Firefighters, Queensland Locations: Australia's, Queensland, New Zealand, Bundaberg, Victoria, Australia, New South Wales, Ulan, Sydney

☆ Jewish students are planning to sue elite universities like Cornell and Harvard, accusing them of not doing enough to stop 'explosion' of antisemitism on campus
▼ + stars: | 2023-10-31 | by ( Natalie Musumeci | ) www.businessinsider.com time to read: +5 min

Jewish students are planning to sue colleges like Cornell and Harvard for doing enough to stop antisemitism on campuses. "There has been an explosion of antisemitism on college campuses," attorney Mark Ressler told Insider. Harvard, New York University, Massachusetts Institute of Technology and Stanford University did not immediately respond to requests for comment. The plaintiffs in the planned lawsuits will be "students who have been victimized by on-campus bigotry and hatred directed at them because they are Jewish," Ressler said. "And yet when it comes to Jewish students, university administrators have a double standard and they have put their head in the sand and allowed this problem to become out of control," he said.

Persons: Mark Ressler, Ressler, —, Kasowitz Benson Torres, City's, Hitler, Israel Organizations: Cornell, Harvard, Civil, Service, New, Cornell , New York University , Massachusetts Institute of Technology, Stanford University, Fox Business, . Harvard, . Harvard , New York University , Massachusetts Institute of Technology, Jewish, City's Cooper Union, Defamation League, Hamas, ADL Locations: United States, New York City, Israel, Cornell ,, . Harvard ,, Jewish, Palestinian, Gaza

☆ Southern California wildfire forces 4,000 residents to evacuate homes
▼ + stars: | 2023-10-31 | by ( Rebecca Picciotto | ) www.cnbc.com time to read: +2 min

A structure is engulfed in flames as a wildfire called the Highland Fire burns in Aguanga, California, on Oct. 30, 2023. Roughly 4,000 residents in Southern California have been ordered to evacuate their homes due to a raging fire in the small town of Aguanga in Riverside County, which spread further overnight. In the evening, it was reclassified as a "critical rate" spread and had grown to more than 1,200 acres. On Monday, 1,139 homes near the area were ordered to evacuate, equating to about 4,000 people, according to Maggie Cline De La Rosa, a spokesperson for the county fire department. The National Weather Service has issued an air quality alert to surrounding neighborhoods due to the windblown dust and smoke of the wildfire.

Persons: Maggie Cline De La Rosa, De, De La Rosa Organizations: Riverside County Fire Department, National Weather Service, CNBC Locations: Aguanga , California, Southern California, Aguanga, Riverside County, Riverside, De La, California

NEW YORK (AP) — Robert De Niro testified Monday in New York City at a trial resulting from a former personal assistant’s lawsuit accusing the actor of being an abusive boss. Robinson, who worked for De Niro between 2008 and 2019, was paid $300,000 annually before she quit as his vice president of production and finance. But when a lawyer for Robinson asked him if he considered her a conscientious employee, he scoffed. Repeatedly, Judge Lewis J. Liman explained the rules of testimony to De Niro and that there were limits to what he could say. “Can I ask a question?” De Niro asked in one exchange with Robinson's lawyer.

Persons: — Robert De Niro, De Niro, Oscar, Hunter ”, ”, Graham Chase Robinson, Robinson, “, Robinson's, Lewis J, Liman, ” De Niro, Tiffany Chen, Niro, Chen, De, Andrew Macurdy, Macurdy, ” De, Richard Schoenstein, countersued Robinson, Schoenstein Organizations: De, Canal Productions Locations: New York City, Manhattan, De Niro

DETROIT (AP) — Pressure in rising on General Motors as the lone holdout in a strike targeting all three big Detroit automakers after a tentative contract agreement with Jeep maker Stellantis was reached with the United Auto Workers union over the weekend. The Ford agreement revives cost-of-living adjustments that the UAW agreed to suspend in 2009 during the Great Recession. At Stellantis, workers get cost-of-living pay that would bring raises to a compounded 33%, with top assembly plant workers making more than $42 per hour. Overnight, 8,200 Stellantis workers in Canada represented by a different union, Unifor, walked off the job. At the peak, about 46,000 UAW workers were on strike — about one-third of the union’s 146,000 members at all three companies.

Persons: Stellantis, ”, Erik Gordon, Ford, Shawn Fain, Fain, Chuck Browning, ” “, ” Browning, Gordon, Bruce Baumhower, ” Unifor, ____ Bajak, John Raby, Corey Williams, Haleluya Organizations: DETROIT, General Motors, Detroit, United Auto Workers, UAW, Ford, GM, Saturday, Silverado, Sierra, Vehicles, GMC Acadia, Cadillac, University of Michigan, ” “ UAW, Jeep, “ Locations: American, Spring Hill , Tennessee, Texas , Michigan, Missouri, Spring, Mexico, Arlington , Texas, Detroit, America, Stellantis, Toledo , Ohio, Canada, Unifor, Boston, Charleston , West Virginia, Sterling Heights , Michigan, Jersey City , New Jersey

☆ Jordan Asked US to Deploy Patriot Air Defence Missiles -Army
▼ + stars: | 2023-10-29 | by ( Oct. | At P.M. | ) www.usnews.com time to read: +3 min

By Suleiman Al-KhalidiAMMAN (Reuters) -Staunch U.S. ally Jordan asked Washington to deploy Patriot air defence systems to bolster its border defence at a time of heightened regional tensions and conflict, the spokesperson for the country's army said on Sunday. "We asked the American side to help bolster our defence system with Patriot air defence missile systems," Brigadier General Mustafa Hiyari, Jordan's army spokesperson, told state television. U.S. Patriot missiles were stationed in the kingdom in 2013 following an uprising in northern neighbour Syria where the kingdom feared a civil war could spill over and ignite a regional conflict. The Patriot, considered one of the most advanced U.S. air defense systems, is usually in short supply, with allies around the world vying for it. "The drones have become a threat on all our fronts," army spokesperson Hiyari said.

Persons: Suleiman Al, Khalidi, Jordan, General Mustafa Hiyari, Hiyari, Lloyd Austin, Amman, Deepa Babington, Grant McCool Organizations: U.S . Patriot, Pentagon, United, Senior Biden, Defense, Border Locations: Khalidi AMMAN, U.S, Washington, Syria, Gaza, Israel, United States, Iran, Iraq

☆ Jordan asked US to deploy Patriot air defence missiles, army says
▼ + stars: | 2023-10-29 | by ( Suleiman Al-Khalidi | ) www.reuters.com time to read: +3 min

AMMAN, Oct 30 (Reuters) - Staunch U.S. ally Jordan asked Washington to deploy Patriot air defence systems to bolster its border defence at a time of heightened regional tensions and conflict, the spokesperson for the country's army said on Sunday. "We asked the American side to help bolster our defence system with Patriot air defence missile systems," Brigadier General Mustafa Hiyari, Jordan's army spokesperson, told state television. U.S. Patriot missiles were stationed in the kingdom in 2013 following an uprising in northern neighbour Syria where the kingdom feared a civil war could spill over and ignite a regional conflict. The Patriot, considered one of the most advanced U.S. air defense systems, is usually in short supply, with allies around the world vying for it. "The drones have become a threat on all our fronts," army spokesperson Hiyari said.

Persons: Jordan, General Mustafa Hiyari, Hiyari, Lloyd Austin, Amman, Suleiman Al, Khalidi, Deepa Babington, Grant McCool Organizations: U.S . Patriot, Pentagon, United, Senior Biden, Defense, Border, Thomson Locations: AMMAN, U.S, Washington, Syria, Gaza, Israel, United States, Iran, Iraq

☆ Missile strikes Egyptian Red Sea town on Israel border
▼ + stars: | 2023-10-27 | by ( ) www.reuters.com time to read: +2 min

The missile hit a medical facility in Taba, injuring at least six people, Al Qahera TV reported. Taba straddles Egypt's border with Israel's Red Sea port of Eilat. Hamas said on Wednesday it had targeted Eilat with a missile, which the Israeli military said hit an outlying area. Al Qahera reported the missile strike on Friday hit a Taba ambulance facility and a residential building for the administration of the Taba Hospital. It is about a three-hour drive from Egypt's Red Sea resort town of Sharm el-Sheikh.

Persons: Egypt's Al, Al Qahera, Taba, Israel, Yemen's, Emily Rose, Nafisa Eltahir, Ahmed Tolba, Hatem Maher, Yusri Mohamed, Rami Ayyub, Cynthia Osterman, Michael Perry Organizations: Egypt's Al Qahera News, Reuters, Hamas, Taba, Navy, Thomson Locations: CAIRO, JERUSALEM, Israel, Gaza, Taba, Egypt's, Eilat, Egypt, Egypt's Sinai, Red, Sharm el, The U.S, Iran, Jerusalem, Cairo, Ismailia

That fell to 21-22 million tonnes by 2021, and after Russia invaded last year, output hit 6.3 million in 2022. But even with consumption nearly doubling to 2.6 million tonnes between January and September, that is not enough to sustain a sector that used to export four fifths of its output. Zaporizhstal expects to export two thirds of its 2.4-2.5 million tonnes of iron ore and rolled steel production in 2023. Before the invasion, output was 4.2 million tonnes a year. "We can say that blackouts last winter (reduced) steel production by two to three times," Zinchenko said, citing production data for the months when blackouts were most regular.

Persons: Oleksandr Ratushniak, ZAPORIZHZHIA, Roman Slobodianiuk, Ukraine's, Oleksandr Kalenkov, Slobodianiuk, Stanislav Zinchenko, Medkov, Oleksandr Yasunas, Zinchenko, Mike Collett, White, Barbara Lewis Organizations: Steel, REUTERS, Staff, Reuters, GMK, Thomson Locations: Ukraine, Zaporizhzhia, Russia, Soviet, Ukrainian, Mariupol, Europe, Odesa, Kyiv, Romania, Bulgaria, Turkey, Russian

☆ Tech stocks suffer two-day selloff as investors find 'wrinkle or two' in Alphabet, Meta earnings
▼ + stars: | 2023-10-26 | by ( Ari Levy | ) www.cnbc.com time to read: +4 min

Alphabet's earnings sailed past Wall Street estimates after the markets closed on Tuesday. In Alphabet's earnings report, Wall Street fretted over the numbers out of the Google Cloud division, which is investing heavily to try and catch Amazon and Microsoft , particularly when it comes to managing hefty artificial intelligence workloads. The concern from Facebook parent Meta was sparked by comments that CFO Susan Li provided on the earnings call regarding the advertising market in the fourth quarter. Alphabet shares are down by about 12% over the past two days, while Meta has dropped roughly 7%. In emphasizing the potential business impact of war in the Middle East on its business, Meta spelled out those concerns to shareholders.

Persons: Meta, Ruth Porat, Susan Li, Li, Mark Zuckerberg, Sundar Pichai, Joe Biden, Mark Avallone, CNBC's, skittishness, You've, Avallone, trashing Organizations: Nasdaq, Apple, Google, Microsoft, Meta, Nvidia, Amazon, The Commerce Department, Hamas, Guggenheim, Potomac Wealth Advisors, YouTube Locations: what's, U.S, Ukraine, Potomac

For the international bankers, executives and officials who had gathered in the Saudi capital, Riyadh, to make deals, the war raging in Gaza and Israel felt like a distant backdrop. Instead, when speakers took the stage, they praised Prince Mohammed bin Salman’s plan to remake Saudi Arabia and focused on the future: artificial intelligence, longevity science, renewable energy. Israel has laid siege to the Gaza Strip and unleashed a fierce bombardment. That has prompted protests across the region, reinvigorating vocal Arab support for the Palestinian cause — including among many Saudi citizens. Yet Saudi officials have made it clear that they are determined to prevent all of that from casting a pall over Prince Mohammed’s plans for the kingdom, which include reshaping the economy to reduce dependence on oil and turning the country into a global hub for business and tourism.

Persons: —, Prince Mohammed bin Salman’s, ”, Yasir al, Prince Mohammed’s Organizations: Future Investment, Hamas, Gaza, Saudi Locations: Saudi, Riyadh, Gaza, Israel, Saudi Arabia, East

☆ Opinion | With War Raging, Colleges Confront a Crisis of Their Own Making
▼ + stars: | 2023-10-26 | by ( Frank Bruni | ) www.nytimes.com time to read: +1 min

For the past two and a half weeks, college leaders have canceled or anxiously discussed canceling campus speeches and events that touch on Israel and Palestine. Students, meanwhile, have blasted those administrators for saying too much or too little. Many students now turn to the colleges they attend for much more than intellectual stimulation. They seek an acknowledgment of their wounds along with the engagement of their minds. And that’s in significant measure because many schools have encouraged that mind-set, casting themselves as stewards of students’ welfare, guarantors of their safety, places of refuge, precincts of healing.

Persons: They’ve Locations: Israel, Palestine

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