Sunday, January 23, 2022
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Stocks making the biggest moves premarket: GameStop, T-Mobile, Sonos and others

Check out the companies making headlines before the bell:GameStop (GME) – GameStop surged 14.3% in the premarket on reports that the videogame retailer is starting a new division to focus on cryptocurrency partnerships and NFTs.T-Mobile (TMUS) – T-Mobile reported fourth-quarter postpaid net subscriber additions of 844,000 and total 2021

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Goldman-backed digital bank Starling boycotts Meta over scam ads

The Facebook and Instagram logos displayed on a smartphone with the Meta Platforms logo pictured in the background.Igor Golovniov | SOPA Images | LightRocket | Getty ImagesLONDON — British digital bank Starling says it is boycotting Facebook parent company Meta over its failure to tackle fraudulent financial adverts.Anne Boden,

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Stock futures are flat after Dow and S&P 500 close at records

Traders work on the floor of the New York Stock Exchange (NYSE) in New York, on Monday, Jan. 3, 2022.Michael Nagle | Bloomberg | Getty ImagesU.S. stock futures were steady in overnight trading on Monday after the Dow Jones Industrial Average and S&P 500 notched new record closes on

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Kickstarter, Discord and others are raving about ‘Web3.’ Their users give them a reality check

Chris Ratcliffe | Bloomberg | Getty Images When Kickstarter unveiled its ambition to develop a blockchain-based crowdfunding system, the company characterized the move as a way to push creators closer to their audiences."Backers should be able to easily discover and participate more deeply in projects, better control their data,

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Stock futures are flat ahead of key Fed decision

A trader works on the floor of the New York Stock Exchange (NYSE) in New York City, December 8, 2021.Brendan McDermid | ReutersU.S. stock futures were steady in overnight trading on Tuesday as investors readied for Wednesday's highly anticipated Federal Reserve decision.Dow futures rose 15 points. S&P 500 futures

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Amazon’s outage and HashiCorp’s IPO point to a future with multiple clouds

HashiCorp at the Nasdaq market site, December 9, 2021.Source: NasdaqWhen Amazon Web Services, the biggest provider of cloud-computing infrastructure, suffered an hours-long outage on Tuesday, Disney+, Netflix, Robinhood, Roku and many other popular websites and apps faced major disruptions.The incident quickly rekindled a debate on how organizations can minimize the

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Instacart president Carolyn Everson announces departure just three months after she started

Carolyn EversonSource: CNBC Instacart President Carolyn Everson said Friday she will step down at the end of the year. The news comes just three months after she joined the company.Everson's departure is the latest shake-up in Instacart's C-suite. Instacart's head of advertising, Seth Dallaire, left for Walmart in October.

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Stocks making the biggest moves midday: Stitch Fix, Roku, Norwegian Cruise Line and more

Check out the companies making headlines in midday trading.Stitch Fix — Shares of the digital personal shopping company plummeted 23% after reporting disappointing guidance for the fiscal second quarter and the full year. Stitch Fix also missed estimates for its fiscal first quarter active customers. The company did, however, beat on

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Jack Dorsey’s Square changes corporate name to Block

Jack Dorsey (L), CEO of Square and CEO of Twitter, live casts video while standing outside the New York Stock Exchange for the IPO of Square, in New York November 19, 2015.Lucas Jackson | ReutersSquare is renaming itself Block as it focuses on technologies like blockchain and expands beyond

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HashiCorp aiming for $13 billion valuation in IPO, according to updated prospectus

HashiCorp employees at the start-up's HashiConf conference in San Francisco in October 2018.HashiCorpCloud software vendor HashiCorp updated its IPO prospectus on Monday, disclosing plans to sell shares at a price that would value the company at up to $13 billion.HashiCorp, which was last valued in the private market at $5.1 billion

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