Markets
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CDC says sick leave can prevent food poisoning. But how many food workers actually get paid time off?
Ever feel like your world has turned upside down — and not in a good way — after you eat at a restaurant? The Centers for Disease Control and Prevention has shed light on how some diners get food poisoning: Approximately 40% of foodborne infectious-disease outbreaks at restaurants were linked to food contamination by a…
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AYX Stock Price | Alteryx Inc. Cl A Stock Quote (U.S.: NYSE)
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Meta threatens to block news stories in California if journalism bill passes
Facebook and Instagram parent Meta Platforms Inc. on Wednesday threated to block users in California from sharing news articles if lawmakers in its home state pass legislation requiring some tech companies to pay news publishers. The California Journalism Preservation Act, which is up for a vote in the state Assembly on Thursday, would require social-media…
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Nvidia created an AI bubble, and software stocks are already paying the price
Nvidia Corp. increased the fervor for artificial intelligence on Wall Street, but plunging software stocks showed Wednesday why betting that the chip maker’s AI revenue will quickly ripple through the rest of the tech sector is a losing proposition. After Nvidia’s NVDA prediction of record revenue — in part fueled from AI — led to…
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AI startup C3.ai’s stock plunges 22% after softer revenue guidance
Shares of white-hot Ai startup C3.ai Inc., which had been hurtling toward record highs earlier this week, took an abrupt U-turn Wednesday. The company’s stock AI skidded 14% in after-hours trading in the minutes leading up to its quarterly financial results. When C3.ai reported mere minutes before its earnings call at 5 p.m. Eastern, the…
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AAP Stock Price | Advance Auto Parts Inc. Stock Quote (U.S.: NYSE)
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Salesforce predicts record earnings, but the stock is still falling
Salesforce Inc. executives predicted record adjusted earnings in the second quarter and increased their guidance for record profit for the full year Wednesday, but shares still declined about 6% in after-hours trading. Salesforce CRMhas easily been the biggest gainer among Dow Jones Industrial Average DJIAcomponents this year, increasing more than 65% amid a wave of…
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House passes debt-ceiling bill in 314-117 vote, sending it over to Senate
The U.S. House of Representatives voted 314-117 in favor of a crucial debt-ceiling bill on Wednesday night, keeping Washington on track to meet the Treasury Department’s Monday deadline. There were 149 Republicans and 165 Democrats voting for the measure, while 71 Republicans and 46 Democrats voted against it. Those tallies show the extent… Source
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Debt-ceiling deal: Here’s what’s next as hurdles remain after House gives its OK
While President Joe Biden and House Speaker Kevin McCarthy reached a debt-ceiling deal over the holiday weekend, that doesn’t mean it’s now all smooth sailing. Congress still must give its OK for the bipartisan debt-limit package. It’s the Democratic-controlled Senate’s turn to act, after the Republican-run House of Representatives passed the measure on Wednesday night…
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ADSK Stock Price | Autodesk Inc. Stock Quote (U.S.: Nasdaq)
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