Author: super@dmin

Data-center stocks buoyed an otherwise down chip sector Thursday, as shares of Facebook parent Meta Platforms Inc. cratered on torn-in-half profits and a hike in capital spending to fuel Mark Zuckerberg’s metaverse ambitions. One analyst is asking if server chips can only go up.

Twitter started working today with NFT marketplaces Rarible, Magic Eden, Dapper Labs and Jump.trade on a way to better display the art on its platform.

Who says adults can’t join in the Halloween fun with a very grown-up “treat”?

Intel Corp. shares surged after hours Thursday after the chip maker topped Wall Street earnings estimates for the quarter and PC-chip sales came in slightly higher than expected, while the company trimmed its full-year outlook once more and said it expects to cut costs by $3 billion in 2023 including layoffs.

Thursday’s top personal finance stories.

The copper-to-gold ratio and the U.S Treasury yields usually follow each other throughout history, but the widening spread between the two shows the recent rally in 10-year yields could be overdone, said Kimble Charting Solutions. 

Pinterest Inc. proved an exception to the digital-advertising slog that has roiled much of the tech sector.

Amazon.com Inc. showed its first quarterly profit of the year Thursday, but predicted that holiday sales and profit would come in well lower than analysts expected while cloud growth slowed, sending shares south in after-hours trading.

The political system favors the well-educated, the well-heeled and the well-connected. It isn’t a government of the people, by the people and for the people.

The European Union reached a deal to effectively ban new gas-fueled cars starting in 2035, the last major sticking point in a broad plan to hit net-zero emissions.