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denis charlet - 1 Ronald Reagan ’ - 1
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☆ Reagan Wouldn’t Sue Google
  + stars: | 2023-10-23 | by ( George P. Bush | ) www.wsj.com   time to read: +1 min
Photo: denis charlet/Agence France-Presse/Getty ImagesAn epic debate is unfolding among Republicans about our vision for the nation. While I support strengthening our governing philosophy by putting it through the crucible, I’m concerned by what appears to be the jettisoning of the principles that made the GOP great. While the Democratic Party has never met a problem it doesn’t want to address with federal intervention, the GOP correctly sees government’s role as limited. It’s disconcerting then to see members of Ronald Reagan ’s party join the left’s ranks, cheering as a more muscular Washington settles scores against U.S. businesses. This is doubtless a welcome shift for competitors looking to sic regulators on their rivals, but it’s bad news for the millions of Americans who are stuck with a diminished standard of living.
Persons: denis charlet, Ronald Reagan ’ Organizations: Agence France, GOP, Democratic Party, U.S Locations: Washington
☆ Snap’s revenue miss is a false read through to Club holdings Meta, Alphabet
  + stars: | 2022-10-21 | by ( Zev Fima Paulina Likos | Zev Fima | Paulina Likos | ) www.cnbc.com   time to read: +3 min
Shares of social media company Snap (SNAP) plummeted to a new 52-week low Friday on the back of a third-quarter revenue miss, with knock-on effects for internet Club holdings Meta Platforms (META) and Alphabet (GOOGL). But despite the market moves, Snap's results should not be seen as a read through to Meta and Alphabet, which are vastly more substantial entities than Snap. Snap, which has seen its stock come down by nearly 84% year-to-date, tumbled roughly 30% Friday, to $7.56 a share. But the Club thinks the market has mistakenly roped together these social media and internet giants, which have built multifaceted digital ecosystems, with Snap. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.
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