MOSCOW (AP) — The U.S. Ambassador to Russia Lynne Tracy visited imprisoned Wall Street Journal reporter Evan Gershkovich on Friday, the U.S. Embassy in Moscow said in an online statement. Tracy's visit comes a day after Gershkovich's parents and sister appeared in the United Nation's headquarters in New York and called on world leaders to urge Russia to free the reporter, who was arrested earlier this year in espionage charges he and his employer reject. Gershkovich, a 31-year-old U.S. citizen, was detained in late March in the city of Yekaterinburg, almost 2,000 kilometers (1,200 miles) east of Moscow, while on a reporting trip.

https://www.mymotherlode.com/news/national/3228227/u-s-ambassador-to-russia-visits-jailed-wsj-reporter-evan-gershkovich.html

#mymotherlode

US-based online forum operator Reddit said it would remove 5% of its workforce and hire fewer employees. The Wall Street Journal first reported the company's decision on Tuesday, citing an email from CEO Steve Huffman. The executive told staff the Reddit layoffs will restructure operations to help the firm break even in 2024. This recent move shows that Reddit is joining a worrying tech industry trend. Amazon, IBM, and other digital companies have laid off workers by the thousands as they struggle against a widespread economic downturn.

https://technology.inquirer.net/124926/reddit-layoffs-will-remove-5-of-employees

#inquirer

Shares in Amazon.com closed down 4.2 percent on Wednesday, leading declines in the S&P 500 consumer discretionary sector while video streaming companies Warner Bros Discovery and Paramount Global rallied. Amazon shares deepened losses after a Wall Street Journal report said the online retailer and video streamer is planning an advertising-supported tier for its Prime Video streaming service and that it is in talks with Warner Bros Discovery and Paramount about including ad-based tiers of their streaming services through Amazon Prime Video Channels.

https://business.inquirer.net/404366/amazon-leads-declines-in-discretionary-sector-streaming-companies-outperform

#inquirer

PayPal Holdings Inc on Monday raised its annual profit forecast to above Wall Street estimates, buoyed by its higher quarterly profit as margins improved on cost-cut measures and as consumers undeterred by inflationary pressures keep shopping online. While a cost-of-living crisis has now begun to squeeze budgets, particularly of lower income households, consumer spending has remained remarkably steady in the face of a looming economic slowdown. The company's payments volume rose 12% on a forex-neutral basis to $354.

http://klse.i3investor.com/web/blog/detail/future_tech/2023-05-09-story-h-271448488-PayPal_raises_full_year_profit_above_estimates_on_e_commerce_strength_c

#i3investor

Google wants its search engine to become more 'visual, snackable, personal, and human,' according to a recent Wall Street Journal report. On May 8, 2023, the news outlet allegedly obtained internal documents that contained this plan. More importantly, it seems to be the company's response to the growing popularity of artificial intelligence tools like ChatGPT. That means everyone must expect significant changes to how they obtain online information. According to SEMRush, the platform has 4.3 billion, comprising more than half of the world's population.

https://technology.inquirer.net/123875/google-ai-plans-unveiled

#inquirer

Wall Street jitters plus China's tourism bounces above pandemic levels. Popstar Ed Sheeran, in Auckland. Kia ora and welcome to Friday's dose of Morning Brew and a summary of the top political and business stories from around the world. First, the European Central Bank has hiked interest rates again, taking its benchmark rate up by 25 basis points to 3.25%, the highest level since late 2008. The ECB Want to read more? It's easy. Choose your best value subscription option Get two weeks free access to NBR's Premium Online Subscription, which includes full access to all of NBR's great content on any device.

https://www.nbr.co.nz/morning-brew/morning-brew-friday-5-may/

#nbr

Linde ( NYSE:LIN – Get Rating ) updated its FY 2023 earnings guidance on Thursday. The company provided earnings per share (EPS) guidance of $13.45-$13.85 for the period, compared to the consensus estimate of $12.20. The company issued revenue guidance of -. Linde also updated its FY23 guidance to $13.45-13.85 EPS. Wall Street Analysts Forecast Growth A number of brokerages have issued reports on LIN. Mizuho lifted their price target on shares of Linde from $370.00 to $382.00 in a report on Friday.

https://www.dailypolitical.com/2023/04/30/linde-nyselin-releases-fy-2023-earnings-guidance.html

#dailypolitical

NEW YORK A gauge of global stocks declined for a third straight day on Friday as investors weighed the latest round of corporate earnings results, while longer-dated US yields were higher after a gauge of business activity climbed. On Wall Street, the S&P 500 closed slightly higher, with the consumer staples sector, up 0.75%, as Procter & Gamble climbed 3.46% after the maker of products such as toothpaste and laundry detergent beat quarterly estimates and raised its sales outlook. Amazon shares rallied to close at its highest level in over two months following an upbeat report from a research firm about the online retailers North America business.

http://klse.i3investor.com/web/blog/detail/kianweiaritcles/2023-04-22-story-h-272494925-Stocks_edge_down_US_yields_climb_after_PMI_data

#i3investor

It looks like the online stock broking space is heating up, with the recent launch of Luna Securities Inc., a mobile-first, cloud-based, stock trading app that aims to make trading simple without complicating the experience. Luna, which had its coming out event on March 9 at the Sheraton Manila, is founded and helmed by four industry veterans: John Gatmaytan (chair and nominee to the Philippine Stock Exchange or PSE), Francis Diaz (president), George Wong (treasurer) and long-time Wall Street information technology professional, Arnel Sicat (chief technology officer).

https://business.inquirer.net/394711/biz-buzz-the-more-the-merrier

#inquirer

Plus, Clive Palmer sues Australian Government for whopping AU$300b. Billionaire businessman Gautam Adani. Ata Mārie and welcome to Morning Brew for the end of another working week – here's what's been happening overnight. First to Russia , where Wall Street Journal reporter Evan Gershkovich has been accused of espionage and put under arrest until May 29, according to a Moscow court. CNN reports he Want to read more? It's easy. Choose your best value subscription option Get two weeks free access to NBR's Premium Online Subscription, which includes full access to all of NBR's great content on any device.

https://www.nbr.co.nz/morning-brew/morning-brew-friday-31-march/

#nbr

Electronic display boards at Hana Bank in central Seoul show stock and foreign exchange markets Friday. [YONHAP]〉 Stocks opened higher Friday, tracking an overnight surge on Wall Street as investors shook off hotter-than-expected inflation data and bet price increases would soon peak. The Kospi added 34.03 points, or 1.57 percent, to 2,196.90 in the first 15 minutes of trading. Overnight, Wall Street made a remarkable turnaround to close higher, after plunging significantly earlier in the session, as investors shrugged off persistently higher-than-expected consumer price growth.

https://n.news.naver.com/mnews/article/640/0000030026?sid=101

#naver

TOKYO: Tokyo stocks sank at the open on Wednesday as investors shunned risk after fresh data that showed US inflation remains stubbornly high triggered Wall Street selloffs. The benchmark Nikkei 225 index dropped 2.80 percent, or 799.83 points, to 28,814.80 in early trade, while the broader Topix index fell 2.02 percent, or 40.22 points, at 1,946.35. 'The Tokyo market will be risk-off' after the Dow fell 3.9 percent overnight, marking the largest drop in more than two years, Okasan Online Securities said.

https://www.brecorder.com/news/40197438

#brecorder

Regulatory News: NHOA (Paris:NHOA): Atlante and Misano World Circuit (MWC) drive the energy transition. This morning the new charging stations built by Atlante, company of NHOA Group (NHOA.PA), were inaugurated at MWC Square. The 6 fast and quick points of charge will be open to the public and available on the main e-mobility service applications. MotoE racers Matteo Ferrari (Team Gresini Racing), Kevin Zannoni (Team Sic58 Squadra Corse), together with Paolo Simoncelli (Team Sic58 Squadra Corse) father of the mourned Marco Simoncelli, to whom the circuit is dedicate, attended the inauguration with Fabio Righi, Secretary of State for Industry, Manufacturing, Trade and Technological Research, the mayor of Misano Fabrizio Piccioni, Stefano Terranova and Marc-Oliver Rossi, respectively CEO and Chief Commercial Officer of Atlante, with Luca Colaiacovo Chairman of Santa Monica SPA and Andrea Albani, Managing Director of Misano World Circuit and Paolo.

https://www.wallstreet-online.de/nachricht/15891052-nhoa-misano-world-circuit-with-atlante-for-the-energy-transition-online-the-first-charging-points-the-circuit-parks

#wallstreet-online

Former Attorney General of Louisiana, Charles C. Foti, Jr., Esq., a partner at the law firm of Kahn Swick & Foti, LLC ('KSF'), announces that KSF has commenced an investigation into Yext, Inc. (NYSE: YEXT). Throughout 2021, amidst the resurgence of the COVID-19 virus, the Company consistently assured investors that pandemic-related impacts on its business were limited as the Company adapted to lockdowns and improved efficiencies in its sales and other operations. However, on March 8, 2022, the Company disclosed disappointing fourth quarter and FY 2022 fiscal results, as well as the departure of its CEO and CFO, subsequently citing 'a really significant disruption in our business' such as 'in Q4…over 50% of our in-person events were canceled because of the Omicron surges.

https://www.wallstreet-online.de/nachricht/15973980-yext-investigation-initiated-by-former-louisiana-attorney-general-kahn-swick-foti-llc-investigates-the-officers-and-directors-of-yext-inc-yext

#wallstreet-online

NEW YORK: Goldman Sachs Group Inc's six-year foray into consumer banking - the unit dubbed Marcus - is the focus of a new review at the Federal Reserve (Fed). Fed officials have been looking into the Wall Street giant's online-banking platform aimed at retail customers, according to people with knowledge of the matter. For at least several weeks, they've been peppering Goldman management with questions and follow-ups in a process that's still continuing, the people said, asking not to be identified discussing confidential information.

http://klse.i3investor.com/web/blog/detail/kianweiaritcles/2022-09-19-story-h1649161304-Goldman_Sachs_faces_Fed_scrutiny

#i3investor

SAN DIEGO, Oct. 01, 2022 (GLOBE NEWSWIRE) -- Belite Bio, Inc (NASDAQ: BLTE), a San Diego based clinical stage biopharmaceutical drug development company targeting currently untreatable eye diseases, today presented one-year data from their ongoing two-year Phase 2 clinical study of Tinlarebant in STGD1 as part of the oral presentation series at the Annual Meeting of the American Academy of Ophthalmology (AAO) held during September 30 - October 3, 2022 at McCormick Place, Chicago. 'We are glad that Tinlarebant's Phase 2 results were presented in a late-breaking oral session at the AAO annual meeting.

https://www.wallstreet-online.de/nachricht/16003986-belite-bio-presented-12-month-interim-results-of-lbs-008-phase-1b-2-study-adolescent-stargardt-disease-at-aao-annual-meeting-2022

#wallstreet-online

"The Sixth Turning": In Rare Downgrade, Citi Cuts Google, Facebook On Peak Online Ad Spending

Sometimes - very rarely - Wall Street bites the hand that feeds it, and no hand has fed Wall Street more than the FAAMG companies which have spent tens of billions on brokerage commissions and internet ...

https://www.zerohedge.com/markets/sixth-turning-rare-downgrade-citi-cuts-google-facebook-peak-online-ad-spending

#ZeroHedge

TOKYO: Tokyo stocks opened lower Friday after Wall Street shares slumped, battered again by worrying economic data and concerns about the impact of further aggressive Federal Reserve action next week. The benchmark Nikkei 225 index was down 0.93 percent, or 258.60 points, at 27,617.31 in early trade, while the broader Topix index was down 0.59 percent, or 11.57 points, at 1,938.86. 'Japanese shares are seen performing weakly, after US shares were dominated by sell-offs especially in technology shares' as US long-term yields continue to rise, Okasan Online Securities said in a note.

https://www.brecorder.com/news/40197894

#brecorder

Bumble Inc cut its full-year revenue forecast on Wednesday, taking a hit from the war in Ukraine while also grappling with stiff competition from rivals such as Match Group Inc in the online dating market. Shares of Austin, Texas-based Bumble fell nearly 13% in after-hours trading, as its current-quarter forecast also remained below Wall Street estimates. While Bumble has experienced a surge in popularity, its other dating app, Badoo, which is mostly used in Western Europe by the urban middle class segment, remains under pressure.

http://klse.i3investor.com/web/blog/detail/kianweiaritcles/2022-08-11-story-h1627863679-Bumble_cuts_annual_revenue_forecast_as_Ukraine_war_competition_bite

#i3investor

THE Royal Malaysian Police Force (PDRM) has been urged to update the public on their search for fugitive financier and alleged 1Malaysia Development Bhd (1MDB) scandal mastermind Low Taek Jho @ Jho Low. This comes after Billion Dollar Whale authors and award-winning former Wall Street Journal journalists Tom Wright and Bradley Hope – who first broke the 1MDB story back in 2015 – recently claimed that Low was photographed in Disneyland Shanghai, China, in 2019. The revelation was made on the heels of the duo's latest online campaign to find Low, following former prime minister Datuk Seri Najib Razak's jailing over 1MDB-related corruption.

http://klse.i3investor.com/web/blog/detail/savemalaysia/2022-09-01-story-h1628871706-Guan_Eng_Still_no_update_on_PDRM_s_search_for_Jho_Low

#i3investor

NEW YORK, Nov. 25 -- Millions of Americans are expected to visit bricks-and-mortar stores on the Friday after Thanksgiving as the COVID-19 pandemic recedes and people return to prepandemic habits, reported The Wall Street Journal on Friday. This is a reversal of the past two years, when people were largely stuck at home and did more shopping online. This year, however, many household budgets are pinched by high gas and grocery prices, noted the report. With many stores closed on Thanksgiving, retailers are preparing for a big surge on Friday.

http://klse.i3investor.com/web/blog/detail/kianweiaritcles/2022-11-26-story-h-304754729-U_S_Black_Friday_shoppers_return_to_bricks_and_mortar_stores_media

#i3investor

Global-e Online Ltd. (NASDAQ:GLBE – Get Rating) was the recipient of some unusual options trading activity on Monday. Investors purchased 1,980 call options on the company. This is an increase of approximately 42% compared to the average volume of 1,396 call options. Wall Street Analysts Forecast Growth A number of equities research analysts have commented on GLBE shares. Raymond James raised their target price on shares of Global-e Online from $25.00 to $40.00 and gave the stock an 'outperform' rating in a research note on Wednesday, August 17th.

https://www.dailypolitical.com/2022/11/14/traders-purchase-large-volume-of-global-e-online-call-options-nasdaqglbe.html

#dailypolitical

Linde (NYSE:LIN – Get Rating) issued an update on its fourth quarter earnings guidance on Thursday morning. The company provided earnings per share (EPS) guidance of $2.80-2.90 for the period, compared to the consensus estimate of $2.92. Linde also updated its FY 2022 guidance to $11.93-$12.03 EPS. Wall Street Analyst Weigh In Several brokerages recently issued reports on LIN. Deutsche Bank Aktiengesellschaft decreased their price objective on Linde from €370.00 ($377.55) to €355.00 ($362.24) and set a buy rating for the company in a research report on Friday, July 29th.

https://www.dailypolitical.com/2022/10/30/linde-nyselin-releases-q4-earnings-guidance.html

#dailypolitical

Hello and welcome to AS USA's live blog covering financial news and relief available to residents of US states. In October, unemployment rose to 3.7 percent, but the labor market remains tight, adding far more jobs than many projected. Additionally, inflation rose 0.4 percent, bringing the year-over-year rate to 7.7 percent. States continue to send relief to states, many as direct payments. We will bring you the latest on this front. Additionally, voters in Nebraska and Nevada voted to increase their state's minimum wage on Tuesday, with South Dakotans also approving a ballot measure to expand Medicaid in the state.

https://en.as.com/latest_news/stimulus-relief-checks-live-online-crypto-crash-wall-street-rallies-sp-and-nasdaq-skyrocket-n/

#as

Snapchat parent Snap Inc will stop future development of its Pixy flying selfie drone, the Wall Street Journal reported on Thursday, citing people familiar with the matter. Pixy, which costs $230, will continue to be sold in its current iteration, according to the report. The news comes nearly four months after the Santa Monica, California-based company launched the pocket-sized camera, which can fly a few feet above its user to take photos and videos. Snap declined to comment on the report. Rising costs and other economic woes have forced companies to curb their marketing spend, hurting ad-reliant online companies such as Snap Inc, Facebook-parent Meta Platforms, Twitter Inc and Pinterest Inc.

http://klse.i3investor.com/web/blog/detail/future_tech/2022-08-19-story-h1628007865-Snap_stops_development_of_flying_selfie_drone_Pixy_WSJ

#i3investor

FILE - The logo for Chewy appears above trading posts on the floor of the New York Stock Exchange, on June 14, 2019. Online pet retailer Chewy Inc. on Tuesday, Aug. 30, 2022, reported a sales shortfall for its fiscal second quarter, a sign that even spending on dog treats and other pet accessories has fallen victim to inflation.The company based in Dania Beach, Fla., also issued sales forecasts for its current quarter and fiscal year that fell below what Wall Street had been looking for. (AP Pho

https://n.news.naver.com/mnews/article/077/0005698986?sid=104

#naver

(Newser) – The maker of Snickers candy bars apologized to China for implying Taiwan is a country, then apologized again. Some in China still aren't satisfied, the Wall Street Journal reports. The reference was in a video posted on social media that seemed to be promoting an online event with BTS, a South Korean boy band. The video said the event was open to people of certain nations, and it included a flag of Taiwan. The island is ruled by its own government, but China considers Taiwan its territory, saying the two will be reunited.

https://www.newser.com/story/323869/theres-only-1-china-maker-of-snickers-says-in-apology.html

#newser