Author name: millssy

Amazon Stock Falls on Mixed Earnings Report and Weak Forecast. AWS Missed Too.

Text size Investors are looking for evidence that Amazon.com is made progress on its push to rein in costs. David Ryder/BloombergAmazon. com shares were falling in late trading Thursday after the company posted mixed results for the fourth quarter, with better-than-expected sales growth, but weaker-than-anticipated profits, due largely to a loss on the company’s stake …

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Gig companies are now obsessed with profits—not just revenue growth, says analyst.

For years, gig economy companies grew at a breakneck pace, wracking up losses in hopes the profits would someday pour in. But now, those companies are emphasizing profitability over growth says Michael Morton, senior research analyst for internet stocks at MoffettNathanson. “These companies are maturing. Not to where they don’t have growth in their future, …

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Mistakes Not to Make With Retirement Savings, According to Retirees

Insider’s experts choose the best products and services to help make smart decisions with your money (here’s how). In some cases, we receive a commission from our partners, however, our opinions are our own. Terms apply to offers listed on this page. Saving for retirement is a huge task that takes years of planning, saving, …

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California utilities told to apply credits immediately to lower home heating bills

After enduring emotional and often scathing public comment, state regulators on Thursday ordered utilities to immediately distribute funds to lower natural gas bills that have become unaffordable for many Californians this winter. The Climate Credits, which are typically issued in April, will reduce home heating bills by $43 to $56 for most Californians based on …

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Analysis: Markets to central bankers: we don’t believe you

LONDON, Feb 2 (Reuters) – Central bank policy announcements, once viewed as the rule book for how markets should move, are not resonating with traders any more. Take Wednesday’s Federal Reserve rate move. The central bank lifted its main funds rate by 25 bps to its highest since 2007 as it continued its fight against …

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Privileged access management solutions market to grow by 22.91% YOY from 2022 to 2023: Need for multi-factor authentication (MFA) for privileged accounts will drive growth

NEW YORK, Feb. 2, 2023 /PRNewswire/ –Technavio has announced its latest market research report titled Global Privileged Access Management Solutions Market 2023-2027 Privileged access management solutions market Insights -Vendors: 15+, Including ARCON | BeyondTrust Corp. | Broadcom Inc. | Centrify Corp. | CyberArk Software Ltd. | Returns | Fudo Security Inc. | International Business Machines …

Privileged access management solutions market to grow by 22.91% YOY from 2022 to 2023: Need for multi-factor authentication (MFA) for privileged accounts will drive growth Read More »

Dave Ramsey has a blunt message for young adults who still live with their parents. 3 things you need to do to get ahead (and get your own place)

‘Momma can’t protect you’: Dave Ramsey has a blunt message for young adults who still live with their parents. 3 things you need to do to get ahead (and get your own place) More young adults are choosing to live at home with their parents — but many of them are using what they are …

Dave Ramsey has a blunt message for young adults who still live with their parents. 3 things you need to do to get ahead (and get your own place) Read More »

Salesforce confirms more workers are officially laid off

Salesforce, San Francisco’s largest private employer, laid off thousands of employees early Thursday morning as the tech giant moves forward in its plan to cut its workforce by 10%. The corporate software company blamed the layoff rounds, originally announced on Jan. 4, on overhiring during the pandemic. In a two-hour meeting the following day, CEO …

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Meta’s earnings aren’t a great sign for the ad market

Facebook parent Meta (META) reported its Q4 2022 earnings on Wednesday, and Wall Street seemed to love the look of things at the world’s largest social network. Shares of the company rose more than 27% Thursday, after Meta beat on revenue and earnings expectations. What’s more, CEO Mark Zuckerberg announced the company is undergoing a …

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