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☆ Stock futures rise slightly as investors weigh cross currents of latest earnings
  + stars: | 2022-11-16 | by ( Alex Harring | ) www.cnbc.com   time to read: +2 min
Investors are also anticipating more than half a dozen speakers from the Federal Reserve talking at events around the country Thursday. Futures tied to the Dow Jones Industrial Average gained 50 points or 0.2%. S&P 500 futures added 0.2%, while Nasdaq-100 futures rose 0.3%. Retailer Bath & Body Works jumped more than 20% Wednesday after it beat revenue expectations and doubled what was anticipated for per-share earnings. Earnings season continues Thursday with additional retailers, including Macy's and Kohl's before the bell and Gap after.
☆ Morgan Stanley says online dating stock Match is one of the best stories heading into 2023
  + stars: | 2022-11-03 | by ( Alex Harring | ) www.cnbc.com   time to read: +2 min
Match, the company behind dating platforms such as Tinder, Hinge and OkCupid, is worth loving – even during its current troubles, Morgan Stanley said. Analyst Lauren Schenk reiterated Match as overweight, saying it's at an attractive entry point despite disappointing market performance this year. One point of concern for Match is its fourth-quarter outlook, the analyst said, as the guide was slightly softer than expected. She said Morgan Stanley's estimates on 2022 and 2023 revenue and EBITDA remain largely unchanged. However, with the stock down 65.4% this year, Schenk did note there was multiple contractors driving down performance.
☆ Big Tech tumbles as results sound alarm bells
  + stars: | 2022-10-26 | by ( ) www.reuters.com   time to read: +3 min
Meta Platforms Inc (META.O), which is scheduled to report after markets close on Wednesday, was trading 4% lower. Amazon.com Inc (AMZN.O) and Apple Inc (AAPL.O), both due to report on Thursday, were down about 4% and 1%, respectively. While most Big Tech stocks have edged higher in the past few weeks, overall it has been a bleak year for the sector. Netflix, Meta, Amazon, Microsoft, Alphabet and Apple have already lost a combined $2.5 trillion in market value so far this year. read moreReporting by Yuvraj Malik and Akash Sriram in Bengaluru; Editing by Saumyadeb ChakrabartyOur Standards: The Thomson Reuters Trust Principles.
☆ How GM plans to convince consumers to make the switch to electric vehicles
  + stars: | 2022-10-08 | by ( Kaitlin Balasaygun | ) www.cnbc.com   time to read: +6 min
Scott Mlyn | CNBCWhen people think of electric vehicles, their minds typically jump to Tesla. GM plans to sell up to 175,000 electric vehicles to Hertz Global by 2027 – rentals are a key method to introduce more people to EVs without having to commit to a purchase. Over the years, GM has created other virtual showrooms like Chevy MyWay and Cadillac Live, but GM EV Live is the first EV-only showroom being offered by GM. Focus on all the in-car technology, not just EV technology GM is focused on advancing technology to create better and safer driving experiences along with sleeker models for EVs. Maintain core principles through EVs Wahl said one thing that has not changed is the underlying principles of marketing.
☆ Fed Chair Powell warned of ‘pain’ to come. Seniors on fixed incomes are already feeling it
  + stars: | 2022-09-26 | by ( Martha C. White | ) edition.cnn.com   time to read: +8 min
“Social Security comes up short by at least $1,000 [a month] in many locations. John Harriger, a resident of Chilhowie, Virginia, suffered a disabling back injury in 1994 and relies solely on Social Security for income. “I get about $1,800 a month [from Social Security] but… when gas and groceries started going up, I couldn’t make it any more. Sites, who relies wholly on Social Security for her income, said she worries what will happen when the mortgage on her home near Asheville, North Carolina, resets. This has a pass-through effect on the financial security of older Americans.
☆ I drove a Tesla Model Y and discovered 6 reasons not to buy Elon Musk's $66,000 electric SUV
  + stars: | 2022-09-19 | by ( Tim Levin | ) www.businessinsider.com   time to read: +4 min
Driving the Tesla Model Y showed me why people are so in love with Elon Musk's cars. Impressive as it may be, the Model Y SUV isn't the perfect electric SUV for everyone. Bumpy rideThe Tesla Model Y. Tim Levin/InsiderThe Model Y's firm suspension gives it the liveliness and precision of a sports car but not without sacrifice. All-digital interfaceThe Tesla Model Y. Tim Levin/InsiderThere's another double-edged sword in the Model Y: Its iPad-like, 15-inch touchscreen. Rear visibilityThe Tesla Model Y. Tim Levin/InsiderThe Model Y's slanted roof pinches its back window, impeding visibility.
☆ Mississippi banned most abortions to be the 'safest state' for the unborn. Meanwhile, one in three Mississippi kids lives in poverty.
  + stars: | 2021-11-26 | by ( Sarah Fowler | ) www.businessinsider.com   time to read: +16 min
Mississippi lawmakers said the ban on most abortions after 15 weeks makes Mississippi 'the safest state in the country' for the unborn. "We've had so many state leaders who have talked about wanting Mississippi to be the safest state in the country for unborn babies. It's even higher for kids: one in three Mississippi children live in poverty. Each of the women has dedicated their life to helping Mississippi women and families. More than 100,000 Mississippi children should be eligible, but in 2019 – the most recent year for which there's data – just 20,900 benefited from the program.
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