Author: super@dmin
-

: Yelp reports fifth straight quarter of record revenue
Yelp Inc. generates record revenue for a fifth straight quarter, and Chief Financial Officer David Schwarzbach says that resilient ad-sales trends continue in the current quarter.
-

: BT stock sees worst day in two years as U.K. telecom flags rising costs
While normally a push to trim costs gets rewarded by investors, the stock sank even as BT announced its saving target would be boosted to £3 billion ($3.35 billion) by end-fiscal 2025 from £2.5 billion ($2.79 billion).
-

Crypto Update: Fidelity launches waitlist to offer crypto trading to retail investors
Fidelity Crypto has opened up an early access waitlist for retail investors who want to trade bitcoin BTCUSD and ethereum ETHE.
-

The Ratings Game: Security-software stocks are suffering from this one gloomy forecast
As cloud-software valuations have been slashed this year, cybersecurity stocks have been the safest play in the sector, but they have been slammed this week. Thursday’s decline seemed to stem from just one poor forecast.
-

The Fed: The U.S. jobs market is too ‘strong,’ the Fed says. So expect rising unemployment.
The number of new jobs created in October could fall to a nearly two-year low, but it still won’t be slow enough for Federal Reserve Chairman Jerome Powell. He says the jobs market is just too strong.
-

: Netflix launches ad-supported tier — Here’s how streaming services match up on pricing now
Four major streamers have raised prices on monthly subscriptions so far this year, while Disney+ is set to do so next month.
-

The Margin: Apple’s AR glasses could be pushed back to 2025 or 2026 amid ‘design issues’, says analyst
The tech giant’s augmented- and virtual-reality moves are being closely monitored.
-

: More than $16 billion projected to be spent on 2022 midterms: report
A new report from OpenSecrets found that more than $8.9 billion is projected to be spent at the federal-level and $7.8 billion at the state-level
-

The Margin: What does Twitter verification really mean?
Elon Musk is floating the idea to charge for the blue check marks. Here’s what you need to know about where they came from, and which accounts get verified.
-

: Vonage to pay $100 million to settle FTC allegations of thwarting cancellations, ‘junk fees’
Vonage agreed to pay $100 to settle charges that it made it unduly difficult for consumers and businesses to cancel their subscriptions