Month: June 2022

Target shares fall 9% as it expects squeezed profits from aggressive plan to get rid of unwanted inventory

Target shares fall 8% as it expects squeezed profits from aggressive plan to get rid of unwanted inventory

Target warned investors Tuesday that its profits will take a short-term hit, as it marks down unwanted items, cancels orders and takes aggressive steps to get rid of extra inventory. The retailer slashed its profit margin expectations for the fiscal second quarter to account for a wave of goods winding up deeply discounted or on …

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Target shares fall 9% as it expects squeezed profits from aggressive plan to get rid of unwanted inventory

Target shares fall 9% as it expects squeezed profits from aggressive plan to get rid of unwanted inventory

Target warned investors Tuesday that its profits will take a short-term hit, as it marks down unwanted items, cancels orders and takes aggressive steps to get rid of extra inventory. The retailer slashed its profit margin expectations for the fiscal second quarter to account for a wave of goods winding up deeply discounted or on …

Target shares fall 9% as it expects squeezed profits from aggressive plan to get rid of unwanted inventory Read More »

Investor - GettyImages-1151342851

Should You Sell Amazon After Its Stock Split? | The Motley Fool

After months of anticipation, Amazon (AMZN -1.11%) has finally split its stock 20 for 1. Many investors are excited about the opportunity to buy more of the e-commerce giant’s shares at its new, significantly reduced price. Yet experienced investors know that stock splits do not fundamentally alter the value of a business. They simply carve …

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The world’s largest four-day workweek pilot just launched in the U.K.

The world’s largest four-day workweek pilot just launched in the U.K.

Placeholder while article actions load Thousands of workers in Britain had another reason to celebrate after returning from a long weekend to mark Queen Elizabeth II’s Platinum Jubilee. They’re participating in the world’s biggest trial of the four-day workweek, as the global movement toward fewer workdays gathers momentum in the wake of the coronavirus pandemic. …

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Pfizer Global Supply in Kalamazoo, Mich., Friday, Dec. 11, 2020.

Pfizer adding 250 jobs to Kalamazoo site, where it will make Paxlovid

The western Michigan city where the first U.S. doses of a coronavirus vaccine were manufactured is about to get another leading role in fighting the pandemic.  Pharmaceutical giant Pfizer is to announce Monday that it will add 250 new jobs to its 1,300-acre Portage manufacturing facility as part of a $120 million investment to boost production of its antiviral COVID-19 pill Paxlovid. The …

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Bitcoin ‘Bart Simpson’ returns as BTC price dives 7% in hours

Bitcoin ‘Bart Simpson’ returns as BTC price dives 7% in hours

Bitcoin (BTC) firmly recommitted to its trading range on June 7 after a fresh move higher was met with a swift sell-off. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView “Some of the best chop we’ve seen” Data from Cointelegraph Markets Pro and TradingView showed BTC/USD rejecting decisively at resistance it last encountered on June 1. …

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Cryptoverse: The early birds betting bitcoin's bottoming out

Cryptoverse: The early birds betting bitcoin’s bottoming out

A bitcoin representation is seen in an illustration picture taken at La Maison du Bitcoin in Paris, France, June 23, 2017. REUTERS/Benoit Tessier/File Photo Register now for FREE unlimited access to Reuters.com Register June 7 (Reuters) – As the crypto winter creeps into June, the first signs of a thaw are emerging. Some investors are …

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All the New iOS 16 Features Apple Revealed Today

All the New iOS 16 Features Apple Revealed Today

This story is part of WWDC 2022, CNET’s complete coverage from and about Apple’s annual developers conference. iOS 16, Apple’s next major iPhone operating system, made a big splash at WWDC 2022, Apple’s annual developer conference. With iOS 16 you’ll be able to edit messages you already sent in the Messages app, and you get new …

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Everything Apple Revealed at WWDC 2022, From iOS 16 to an M2 MacBook Air

From iOS 16 to an M2 MacBook Air, Everything Apple Revealed at WWDC 2022

This story is part of WWDC 2022, CNET’s complete coverage from and about Apple’s annual developers conference. What’s happening Apple’s annual developer conference, WWDC, is where the company shows off the next versions of its operating systems and occasionally notable new hardware to run them on. Why it matters Knowing what’s coming for Apple’s popular …

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Intel's High-End Arc A730M GPU Is Barely Faster Than An NVIDIA RTX 3050 In Gaming, BETA Drivers Won't Start Some Games in DX12 Either 1

Intel’s High-End Arc A730M GPU Is Barely Faster Than An NVIDIA RTX 3050 In Gaming, BETA Drivers Won’t Start Some Games in DX12 Either

Yesterday, we got to see the first performance benchmarks of Intel’s Arc A730M GPU which showed comparable performance to an NVIDIA RTX 3070. However, when it comes to actual gaming results, the performance seems to be barely faster than the RTX 3050. Intel’s High-End Arc A730M Can Hardly Catch Up To NVIDIA’s RTX 3060 in …

Intel’s High-End Arc A730M GPU Is Barely Faster Than An NVIDIA RTX 3050 In Gaming, BETA Drivers Won’t Start Some Games in DX12 Either Read More »