Author: super@dmin
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: ‘Peak TV’ is coming to an end as streaming services look to cut costs
Orders for scripted series for adults fell 24% in the second half of 2022 from a year ago and have dropped 40% since 2019.
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Earnings Results: Avocado prices are plunging, and taking Mission Produce stock along for the ride
Mission Produce Inc. shares plunged in after-hours trading Thursday following an earnings report that showed the effects of rapidly declining avocado prices.
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The Wall Street Journal: Elon Musk says decision on Tesla stock buybacks would depend on severity of a downturn
“Are we talking about a mild recession, a moderate recession, a severe recession? We don’t know yet,” Musk said Thursday on a Twitter Spaces call.
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: Amazon stock breaks below 2020 low for the first time, heads for worst year since dot-com bust
Amazon.com Inc. shares closed lower than their March 2020 nadir for the first time Thursday, as the tech giant’s stock heads for its worst year since the dot-com bust.
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: First grade, first cellphone? Here’s how families are managing kids’ ever-earlier adoption of devices.
Phone ownership ‘creates a case of haves and have-nots,’ one parent says, although there are safety benefits.
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: Parents are giving phones to their kids at younger ages, and wireless companies are benefiting
Carriers are seeing ‘a lot more growth than the population would imply,’ one analyst said. Are kids part of the reason?
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: Measures to delay $600 tax-reporting threshold for PayPal, Venmo payments fail to make it into omnibus bill
Millions of gig workers and sellers remain on track to get a 1099-K tax form for the first time, after efforts to delay a tax-reporting change fail.
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MemeMoney: AMC’s meme-stock sales are approaching its total valuation
AMC is selling another $110 million in stock, adding to a total that has already exceeded $2 billion since the theater chain got swept up into meme-stock madness
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IPO Report: The IPO market froze in 2022. Here’s what’s needed for it to thaw in the new year
The window for initial public offerings all but slammed shut this past year, and experts are unwilling to bet on a swift reopening.
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Key Words: Bill Ackman says he thinks SBF’s posting of $250 million bail ‘is itself a criminal indictment’
Billionaire hedge-fund manager fires off a tweet but apparently misses a key detail about how FTX founder Sam Bankman-Fried posted bail.