The trade group says that the influx of shoppers over the Black Friday weekend was reported

[ad_1] A customer browses shoe products at a Macy’s store during Black Friday sales on November 25, 2022 in Jersey City, New Jersey. Cana Betancourt | Good pictures According to the National Retail Federation, a record number of holiday shoppers — 196.7 million people — went from Thanksgiving to Cyber ​​Monday. The industry group said … Read more

Amazon used AWS in satellite testing

[ad_1] Image taken by the ION Elysian Eleonora satellite in January 2022. D-orbit of Amazon The cloud computing division has successfully run a software suite on an orbiting satellite, in a “first-of-its-kind” test, the company announced Tuesday. AWS, or Amazon Web Services, conducted a prototype satellite software demonstration in collaboration with Italian company D-Orbit and … Read more

AMC Networks CEO steps down after less than three months

[ad_1] Christina Spade attends The Hollywood Reporter, SAG-AFTRA and Heineken Celebrate Emmy Awards nominees at the annual Nominees Night on September 10, 2022 in West Hollywood, California. Michael Kovac | The Hollywood Reporter | Good pictures AMC Networks Chief Executive Christina Spade has stepped down less than three months after being promoted. The cable TV … Read more

Dubai, Miami on list of top luxury real estate markets for 2023

[ad_1] Feb. 24, 2022 at Palm Jumeirah’s waterfront residential villas in Dubai. According to Tahir Majidia, managing partner of Prime Capital Real Estate in Dubai, Russians have always been among the top 10 nationalities investing in Dubai property. Christopher Pike/Bloomberg via Getty Images Wealthy investors who bet on luxury real estate will do better next … Read more

Shares of Lordstown ( RIDE ) rise as the company begins deliveries

[ad_1] Lordstown Motors drove prototypes of its upcoming electric endurance pickup truck on June 21, 2021 as part of its “Lordstown Week” event. Michael Wayland/CNBC Electric truck startup Lordstown Motors It said on Tuesday that it has started shipping its pickup truck to customers after receiving final regulatory approval to sell the vehicle in the … Read more

Tesla’s valuation seems very reasonable, but the stock is still not a buy, Bernstein says

[ad_1] Bernstein maintains his bullish stance on Tesla, though the electric vehicle company’s valuation seems more reasonable given the recent setback. Analyst Tony Sacconaghi acknowledged that Tesla’s valuation is attractive compared to some high-growth tech stocks and trades at lower multiples than Ferrari. He cited the stock’s 41% underperformance since early October and 48% pullback … Read more

Bird Darden downgrades restaurants as macro risks persist

[ad_1] According to Baird, Tartan restaurants are on hold after the recent rally. Analyst David Tarantino downgraded Olive Garden’s parent from outperform to neutral, saying “risk/reward is very well balanced” following the stock’s recent outperformance. Including dividends, the company returned 1% to shareholders, while the S&P 500 lost 16%. Tartan shares rose more than 16% … Read more

China says covid vaccination rates for the elderly have risen over the past two weeks

[ad_1] A health worker prepares a dose of an inhalable Covid-19 coronavirus vaccine in Haikou, south China’s Hainan province, on November 25, 2022. CNS | Afp | Good pictures BEIJING – Mainland China on Tuesday announced significant progress in getting Covid-19 booster shots for “those over the age of 80”. As of Monday, 65.8% of … Read more

Purchase of Enphase Energy

[ad_1] Rio Tinto Plc: “You should see commodity inflation come back. However, I would say it’s a great hedge against long-term inflation.” NIO Inc: “That looks so bright.” Enphase energy: “It’s so good, every time $15, $20 drops, I want to go on the air and say, ‘You know what you should do? [Buy].’” Lucid … Read more

Disney is both a big winner and a big loser at the Thanksgiving box office

[ad_1] This year’s Thanksgiving box office was feast and famine Walt Disney. “Black Panther: Wakanda Forever” added $64 million to its domestic tally over the five-day period, while Disney’s latest animated feature “Strange World” failed to impress moviegoers, earning just $18.6 million between Wednesday and Sunday and a dismal $11.9 million. For the traditional three-day … Read more