Microsoft and Meta profits are soaring but their stocks are sagging because both companies aren't building data centers fast enough

Microsoft and Meta profits are soaring but their stocks are sagging because both companies aren’t building data centers fast enough

NEW YORK (AP) — Wall Street is feeling the downside of high expectations on Thursday, as Microsoft and Meta Platforms drag U.S. stock indexes lower despite delivering strong profits for the summer. The S&P 500 was down 1.6% in midday trading and on track for its worst day in nearly eight weeks, falling further from its record set earlier this month….

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Inside Super Micro's wake-up call: After riding the AI wave, the $20 billion tech giant is crashing back to earth amid a financial crisis and family drama

Inside Super Micro’s wake-up call: After riding the AI wave, the $20 billion tech giant is crashing back to earth amid a financial crisis and family drama

Silicon Valley tech company Super Micro was supposed to be riding high: After flying under the radar for a quarter of a century, the company had ridden the coattails of the recent generative AI boom. The $20 billion manufacturer builds some of the most important hardware used to power the top artificial intelligence models–that is,…

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Security and privacy settings in MapMyRun

Security and privacy settings in MapMyRun

We’ve previously explained why it’s essential to configure privacy settings before using training trackers — both on your phone in general and within the app itself. Doing so minimizes the risk of exposing your personal data, including your location, to the public. You wouldn’t want just anyone to be able to follow your runs and…

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Data breach of Fidelity leaks 77,000 customers’ personal data

Data breach of Fidelity leaks 77,000 customers’ personal data

Another breach of a huge financial institution has leaked the personal information of thousands of customers to the public. reported that an unidentified hacker obtained 77,009 customers’ personal data from the asset management firm Fidelity Investments. posted yesterday revealed that the unidentified third party obtained the information in mid-August using two phony customer accounts. It’s…

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Thousands of Verizon users report service outage as phones are stuck in SOS mode

Thousands of Verizon users report service outage as phones are stuck in SOS mode

Verizon users across the country reported service outages Monday morning after the network experienced “an issue,” a company spokesperson told The Post.  Downdetector.com – which provides real-time updates on Internet and phone services – experienced a spike in reports of Verizon outages around 10 a.m. There were more than 100,000 reported incidents at 11 a.m….

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BYD Warren Buffet's Favorite Chinese Stock

BYD Warren Buffet's Favorite Chinese Stock

Summary BYD Company Limited, Warren Buffet’s favorite Chinese auto stock, has shown strong technical buy signals and consistent price appreciation, gaining 16.46% since 9/5. The company operates in automobiles, batteries, and mobile handset components, with significant growth in revenue expected this year and next. Barchart’s technical indicators show 100% buy… Source link

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