BUSINESS

Oct 31 2024BUSINESS

Meta's Profits Jump 35% Thanks to Ads and AI

Meta, the company behind Facebook, Instagram, and WhatsApp, reported a 35% increase in quarterly profits. This boost is mainly due to strong advertising revenue and their push into artificial intelligence (AI). However, they warned about big spending on infrastructure for AI next year. Meta makes m

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Oct 31 2024BUSINESS

Why Market Basket Sticks to Traditional Checkouts

Imagine stepping into a bustling grocery store, but instead of facing empty self-checkout kiosks, you're greeted by friendly faces ready to bag your items. That's the Market Basket experience. With no self-checkout options, this supermarket chain keeps the personal touch alive. Every time you visit,

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Oct 30 2024BUSINESS

A Dallas Developer's Vision for a Downtown Tech and Education Hub

Imagine a bustling downtown Dallas filled with state-of-the-art apartments, trendy shops, and a top-notch school. That's the dream of Mike Hoque, a local developer who's just bought a troubled city-owned property. This plot at 711 S. Saint Paul St. has been a headache for years, with vandalism and s

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Oct 30 2024BUSINESS

Big Investments: Trump Media Outvalues Musk's Twitter

It seems like a lot has changed in the world of social media and politics. Trump Media & Technology Group, which is the parent company of Trump's social media platform Truth Social, is now valued at a whopping $10 billion! This sudden jump is quite a turnaround from late September when its shares we

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Oct 30 2024BUSINESS

ASCAP and SACEM Team Up for Global Music Licensing

In a surprising move, two big music licensing companies, ASCAP and SACEM, have joined forces to strengthen their reach and capabilities. This new alliance will let them work together to collect money from streaming services in more countries around the world, especially in Europe, the Middle East, A

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Oct 30 2024BUSINESS

Google's AI and Cloud Investments Pay Off Big Time

In the third quarter of this year, Alphabet, the parent company of Google, saw a huge jump in profits—a whopping 34 percent! This increase was mainly driven by the strong growth in their cloud business. Why the sudden boost? Well, there's a high demand for computing and data services that help train

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Oct 30 2024BUSINESS

Google's Workers Speak Up Against Silencing

A union for Google employees is calling out the tech giant for muzzling workers. This comes after a court ruled Google has an unfair advantage in online search. Google's top brass told staff to keep quiet about the case. The Alphabet Workers Union thinks this is against the law. They say Google is t

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Oct 30 2024BUSINESS

AI Growth: A Casual Look at Some Favorite Stocks

You've probably heard a lot about AI stocks this year. They've been doing really well, and UBS thinks there's still a lot of room to grow. Let's start with Nvidia, a big name in chips. This year alone, it's gone up by almost 186%! That's way more than the S&P 500's rise of 22% in 2024. UBS says we'r

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Oct 30 2024BUSINESS

Great iPad Deals Just in Time for Cozy Season

Guess what? It's about to get chilly outside, and that means cozy time with blankets and warm drinks. What could make this season even better? How about a sweet deal on iPads to keep you entertained and productive? Amazon is offering some amazing prices right now on two popular models: the Apple iPa

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Oct 30 2024BUSINESS

Pfizer's Surprising Q3 Win: Paxlovid and Vaccines Boost Sales

Pfizer recently shared impressive Q3 results that overshot expectations, thanks to its Covid vaccine and antiviral pill, Paxlovid. The drug giant raised its earnings and revenue projections for the year. Despite the positive news, shares dropped by over 2%. Pfizer's CEO, Albert Bourla, is under pres

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