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☆ The Fed and a big jobs report could drive the market in the week ahead, as investors watch rates
▼ + stars: | 2023-03-03 | by ( Patti Domm | In | ) www.cnbc.com time to read: +6 min

The seesaw-like tension between interest rates and stock prices should remain in play in the week ahead, as investors focus on comments from Federal Reserve Chairman Jerome Powell and the February employment report. There are few earnings in the week ahead, so economic data will likely be a main driver for stocks, along with the comments from Powell. The futures market is pricing in a high chance for a quarter point, or 25 basis point hike in March. Week ahead calendar Monday Earnings: WW International, ThredUp, Trip.com, Lordstown Motor, Ciena, Grindr 10:00 a.m. Initial claims 10:00 a.m. Fed Vice Chair for Supervision Michael Barr Friday Earnings: Embraer 8:30 a.m. Employment report 2:00 p.m. Federal budget

☆ A real estate investor who owns over 1,000 units shares the 21 investing, personal development, and leadership books that helped him find financial freedom at age 36
▼ + stars: | 2023-03-03 | by ( Lisa Kailai Han | ) www.businessinsider.com time to read: +14 min

Today, real estate investor Dave Allred has ownership in over 1,250 units across the country. He shared the 21 books that helped him achieve financial freedom at age 36. These books cover real estate and investing, personal development, business, and leadership. In a recent interview, Allred shared with Insider the 21 books — spanning areas such as real estate, investing, personal development, business, and leadership — that helped him find success. This principle is especially close to Allred's heart, since reverse engineering his financial freedom took a meticulous goal-setting process.

☆ US Postal Service plans to buy 9,250 EV Ford delivery vehicles
▼ + stars: | 2023-02-28 | by ( David Shepardson | ) www.reuters.com time to read: +2 min

Postal Service (USPS) said Tuesday it plans to buy 9,250 Ford (F.N) E-Transit battery electric vehicles starting later this year and will also purchase an equal number of gasoline-powered models from Chrysler-parent Stellantis (STLAM.MI). Congress in August gave USPS $3 billion as part of a $430 billion climate bill to buy electric vehicles and charging infrastructure. USPS said it will also buy 9,250 2023 and 2024 model year Ram ProMaster vans from Chrysler-parent Stellantis "to fill the urgent need for vehicles." They are part of the 21,000 vehicles included in USPS December vehicle plan. Democratic Senator Gary Peters praised USPS for using funding to "quickly adopt more cost effective and energy efficient electric vehicles."

☆ Googlers are begrudgingly testing Bard and making memes out of their new task.
▼ + stars: | 2023-02-27 | by ( Diamond Naga Siu | ) www.businessinsider.com time to read: +5 min

Since it's a tough time in the tech industry right now, I hope this resonates with some of you, too. Thomas Maxwell/InsiderGooglers are begrudgingly testing their company's ChatGPT competitor. CEO Sundar Pichai asked every employee to spend multiple hours testing Google's new chatbot Bard. They were tasked with improving Bard by asking it questions and flagging bad answers, in addition to their normal responsibilities. Some made memes from the conversations they've had with Bard, continuing a trend of internally mocking the chatbot.

BARCELONA, Feb 26 (Reuters) - A clash between Big Tech and European Union telecoms firms over who will underwrite network infrastructure is set to dominate discussion at the world's largest telecoms conference this week. More than 80,000 people, including tech executives, innovators, and regulators, are set to descend on this year's Mobile World Congress (MWC) in Barcelona. EU industry chief Thierry Breton on Thursday launched a 12-week consultation on its "fair share" proposals, under which Big Tech platforms would bear more of the costs of the systems which give them access to consumers. By contrast, Deutsche Telekom (DTEGn.DE), Orange (ORAN.PA), Telefonica (TEF.MC) and Telecom Italia (TLIT.MI) have been actively lobbying for Big Tech to pay the fees. "This discussion around 'fair share', or what we sometimes call the 'investment gap', is going to be a threshold question," said John Giusti, GSMA's chief regulatory officer.

In a text message with his producer, Alex Pfeiffer, Mr. Carlson appeared livid that viewers were turning against the network. On Nov. 7, 2020, Mr. Carlson told Mr. Pfeiffer that claims about manipulated software were “absurd.” Mr. Pfeiffer replied later that there was not enough evidence of fraud to swing the election. A video of Carlson from “Tucker Carlson Tonight.” Said publicly on Nov. 19, 2020 Carlson: “We did not dismiss any of it. It aired on the programs hosted by Mr. Dobbs, Ms. Bartiromo and Jeanine Pirro. On Feb. 5, 2021, one day after Smartmatic filed a defamation lawsuit against Fox, Fox Business canceled “Lou Dobbs Tonight.” At the time, Fox said it regularly reviewed its lineup.

☆ Netflix hiked US prices in the past year, but it's cutting them in more than 36 other countries
▼ + stars: | 2023-02-24 | by ( Aaron Mok | ) www.businessinsider.com time to read: +3 min

Netflix lowered its subscription prices in more than 36 countries over the past few weeks, per The Wall Street Journal. It comes after Netflix hiked its subscription prices in the US. The steaming service's prices cuts will affect various tiers of Netflix plans and are specific to each country, per the report. Some countries will be see their subscription prices drop to half of the original price. The reduction in subscription prices is part of Netflix's plans to grow its customer base outside of the US, the Journal reported.

☆ 9 elements you need to be more influential and persuasive at work and in business
▼ + stars: | 2023-02-16 | by ( Dr. Amanda Nimon-Peters | ) www.businessinsider.com time to read: +8 min

Today's business professionals have been missing a model for influence at work specifically designed for the 21st century. It is based on more than 200 peer-reviewed journal articles, revealing nine universal principles for increasing your influence at work. Principle #4: Value-framingIn our day-to-day communication, we often fail to express the value of our work in terms that are inherently valuable. Principle #6: ReasoningStudies show that when people at work attempt to influence others, the most common tactic is rational persuasion, i.e. When it comes to influence at work, you don't have to be the best influencer there ever was.

☆ U.S. senators urge telecom agency to OK use of connected vehicle spectrum
▼ + stars: | 2023-02-13 | by ( ) www.reuters.com time to read: 1 min

WASHINGTON, Feb 13 (Reuters) - Two U.S. senators on Monday urged the Federal Communications Commission to move quickly to grant some automakers and universities the ability to use some spectrum to deploy connected vehicle technology aimed at preventing crashes. Senators Gary Peters and Cynthia Lummis urged the FCC to approve "waiver requests to enable deployment of Cellular Vehicle-to-Everything (C-V2X) technology in the 5.9GHz spectrum band. C-V2X technology is poised to save lives, (and) will pave the way for the future of automobile and transportation infrastructure." The FCC said in November 2020 it intended to offer waivers. It has received 18 waiver requests to date and none have yet been granted, the senators said.

☆ After unexpected death of 6-year-old girl, family becomes target of 'Died Suddenly' anti-vax conspiracy theories
▼ + stars: | 2023-02-11 | by ( Isobel Van Hagen | ) www.businessinsider.com time to read: +4 min

An anti-vax social-media campaign has targeted the family of a 6-year-old girl who died suddenly. A photo of the child posted on the "Died Suddenly" Twitter blamed her parents for vaccinating her. #DiedSuddenly is a recent iteration of an online conspiracy spreading disinformation about vaccines. The "Died Suddenly" hashtag is centered around a video by the same name, which labels itself as a "documentary film of a generation." Anastasia and her family are only one of the latest targets of the "Died Suddenly" Twitter account, which began posting in October 2022 and has nearly 300,000 followers.

☆ 'Genuinely considering canceling my subscription': Netflix's password-sharing clampdown sparks angry response from some users
▼ + stars: | 2023-02-10 | by ( Beatrice Nolan | ) www.businessinsider.com time to read: +3 min

Netflix has said it plans to clamp down on password sharing, and some users aren't happy. "I'm genuinely considering canceling my subscription," journalist Erin Biba said in a tweet, which amassed almost 50,000 likes. The tweet was in response to similar rules about account sharing that were posted on Netflix's website on February 1. Shannon Freshour, a politician in Ohio, wrote in a tweet directed at the streaming giant: "You're by far the most expensive streaming service w/o the value matching it. A survey from US firm Jefferies found that 62% of password borrowers said they would stop using the streaming service rather than purchase an account.

☆ Investors turn picky in Asia after easy wins from China’s reopening
▼ + stars: | 2023-02-09 | by ( Ankur Banerjee | ) www.reuters.com time to read: +5 min

Herald van der Linde, HSBC's head of equity strategy for Asia Pacific, points out that travel and gaming stocks have already benefited. That has led investors to hunt for sectors and companies with depressed valuations outside China. Reuters GraphicsMSCI China Vs MSCI Asean vs MSCI Asia excluding JapanGLOBAL PUSH OR CHINA PULL? After a torrid 2022, investors have been betting that a swift recovery in China's economy will somewhat cushion the impact of a global slowdown and possible recession. "China and its reopening trade, on the other hand, are in early stages and may be the additional tailwind for Asian equities later this year."

☆ How Netflix leaders, including its new co-CEO, are thinking about a fast streaming service that could supercharge its ads business
▼ + stars: | 2023-02-09 | by ( Lucia Moses | ) www.businessinsider.com time to read: +5 min

Netflix said it's open to adding a free, ad-supported streaming service. A FAST offering could help Netflix scale its nascent ads business, which has been slow to take off. Could Netflix launch a free, ad-supported service? A FAST channel — free, ad-supported television — is a linear stream, a model media companies are increasingly using to complement traditional TV and paid streaming services. For Netflix, a FAST could be a quick way to scale its ads business.

Below, they weigh in on today's tipping culture, who gets a gratuity and how much. Dr. Peters adds that tipped employees may also include most front-of-house restaurant employees, bellhops, parking attendants, airport service workers and food delivery workers. most restaurants), consider using the Capital One Savor Cash Rewards Credit Card. Capital One Savor Cash Rewards Credit Card Learn More Information about the Capital One Savor Cash Rewards Credit Card has been collected independently by Select and has not been reviewed or provided by the issuer of the card prior to publication. And when it comes to using delivery services, consider a card that gives cardholders money they can use to tip delivery workers.

The notion that powerful forces control the world in part with the careful deployment of body doubles is a long-standing conspiracy theory. As a medical team worked on him, anti-vaccine activists flooded social media sites with unfounded claims that a vaccine was somehow to blame. Hamlin’s injury came during a surge in anti-vaccine misinformation that attributes any recent death, without evidence, to vaccines. Much of the misinformation came from a handful of serial misinformers, including longtime anti-vaccine activists, conspiracy theorists and podcasters. While still recovering, Hamlin has tweeted a photo of himself in front of a mural painted in his honor., seemingly winking at the conspiracy theory.

☆ Netflix is thinking about a free streaming service to boost its ads business, insiders say
▼ + stars: | 2023-01-24 | by ( Lucia Moses | ) www.businessinsider.com time to read: +5 min

☆ Netflix Co-Founder Reed Hastings Transitions to Chairman Role, With Greg Peters Elevated as Co-CEO
▼ + stars: | 2023-01-20 | by ( Sarah Krouse | ) www.wsj.com time to read: 1 min

Netflix Inc. said co-founder Reed Hastings would transition from co-chief executive to executive chairman and named a new co-CEO alongside Ted Sarandos , as the company presses on with dual efforts to stoke new revenue growth. Netflix elevated longtime executive and heir apparent Greg Peters , who was key to the company’s swift launch of an ad-supported tier of service and most recently served as chief operating officer, to the co-CEO role.

☆ Here's what analysts think about Netflix's CEO change
▼ + stars: | 2023-01-20 | by ( Samantha Subin | ) www.cnbc.com time to read: +2 min

Reed Hastings' departure as co-CEO does little to change how analysts view Netflix , or the company's ability to accomplish its long-term strategies, analysts say. The streaming giant announced Thursday that founder Reed Hastings would give up his role after more than two decades and serve as executive chairman. The move came along with quarterly results that fell short of earnings estimates but showed subscriber numbers that far surpassed expectations . "The company's focus, in our view, has always been an underappreciated differentiator and we expect that focus to remain under new leadership." Despite the title change and a step back from day-to-day operations, analysts anticipate that Hastings will continue to be involved in longer-term decision-making.

"This was my road to Damascus experience, a turning point in my understanding of the role of talent density in organizations," Hastings wrote. Hastings credits the company's culture of internal transparency and innovation, which endows top-performers with unusual autonomy, for Netflix's success. "This is a big psychological change for Netflix," said Neil Saunders, managing director of GlobalData. "There's no big strategy shifts or big culture shifts," he said in a post-earnings video interview with an analyst. They'll also need to find new sources of revenue, including in video games -- where Netflix will confront established rivals.

☆ Morning bid: Netflix flickers
▼ + stars: | 2023-01-20 | by ( ) www.reuters.com time to read: +4 min

With the macro picture turning foggy again, streaming giant Netflix (NFLX.O) generated a rare bright spark in an otherwise gloomy corporate earnings season. But it has bounced back more than 60% from the lows of last June and the leadership shakeup may not shape the road ahead. With aggregate S&P500 earnings tracking a year-on-year contraction of about 3% for the fourth quarter, the Netflix news was welcome. In wider markets, a dour Thursday showed some retreat of the early year optimism on peaking central bank interest rates. They do not reflect the views of Reuters News, which, under the Trust Principles, is committed to integrity, independence, and freedom from bias.

☆ Netflix's ability to churn out hits gives it an edge over rivals -analysts
▼ + stars: | 2023-01-20 | by ( ) www.reuters.com time to read: +2 min

read moreAt least 18 brokerages raised their price targets on the stock as they cheered Netflix's 7.66 million subscribers additions that easily beat estimates of 4.57 million. "Content performance is underpinning all aspects of financial improvement and helps investors sleep better," Wells Fargo analysts said, adding that double-digit revenue growth could be achievable in the second half of the year. The company said it would roll out features this quarter to try and convert more password sharers to paying subscriber. But the company expects increased engagement and monetization after a short period of churn. Reporting by Aditya Soni, Tiyashi Datta and Eva Mathews in Bengaluru; Editing by Anil D'SilvaOur Standards: The Thomson Reuters Trust Principles.

☆ Netflix stock jumps 6% after co-CEO Reed Hastings steps down and subscriber numbers soar
▼ + stars: | 2023-01-20 | by ( George Glover | ) www.businessinsider.com time to read: +3 min

Netflix shares rallied 6% ahead of Friday's opening bell after the company released its fourth-quarter results. Also, Co-CEO Reed Hastings announced he would be quitting his current role. The firm also announced that co-CEO Reed Hastings would be stepping down to become Netflix's executive chairman. Hastings co-founded Netflix in 1997 and oversaw its transition from DVD delivery service to a streaming behemoth and onetime Wall Street darling. Read more: Reed Hastings is stepping down as co-CEO of Netflix

☆ Netflix's subscriber growth signals better times ahead, but some analysts say it's still too early to buy
▼ + stars: | 2023-01-20 | by ( Samantha Subin | ) www.cnbc.com time to read: +3 min

Netflix 's strong fourth-quarter subscriber growth and solid content slate may signal the start of better times for the streaming stock, but it may be too early to buy up shares, according to some Wall Street analysts. Netflix reported 7.66 million adds, compared to 4.57 million subscribers expected by StreetAccount estimates. Analysts view the company's new advertising tier and its content slate as key to Netflix's financial performance in the months ahead. Since reporting second-quarter earnings results, Netflix shares have risen more than 46%. On the leadership front, Supino and analysts view the CEO transition as a positive for the company.

☆ Premarket stocks: What we learned at Davos: The economy is a mess, but there's still hope
▼ + stars: | 2023-01-20 | by ( Nicole Goodkind | ) edition.cnn.com time to read: +8 min

New York CNN —Friday marks the end of the annual World Economic Forum meeting in Davos, Switzerland, an elite gathering of some of the wealthiest people and world leaders. The meetings between CEOs, politicians, and global figures at Davos can help set the tone for the year ahead. CEOs and political officials are also worried about the United States hitting its borrowing cap on Thursday, forcing the Treasury Department to start taking “extraordinary measures” to keep the government open. If an agreement isn’t reached, markets could plunge (like they did the last time this happened in 2011) and the United States risks having its credit rating downgraded again. China’s removal of strict coronavirus restrictions late last year is also expected to unleash a wave of spending that may offset economic weakness in the United States and Europe.

☆ Jim Cramer's top 10 things to watch in the market Friday: Google job cuts, Netflix delivers
▼ + stars: | 2023-01-20 | by ( Jim Cramer | ) www.cnbc.com time to read: +4 min

Salesforce (CRM) downgraded to market perform from outperform (hold from buy) at Cowen, which also cut its price target to $160 per share from $175. Barclays upgrades Ralph Lauren (RL) to overweight from equal weight (buy from hold); increases its price target to $134 per share from $101. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB.

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