In this article AMZN AAPL FB GOOGL San Francisco Compassandcamera | Getty Images Many lawmakers are eager to rein in the power of the largest tech companies: Amazon, Apple, Facebook and Google. But some of their proposals could actually hurt the smaller companies they’re meant to protect, venture capitalists warned CNBC. VCs are particularly concerned
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In this article ADM ICE FNV-CA TPL CRL INFL Rising inflation may threaten the market’s largest stocks, but it does have some potential beneficiaries. The Horizon Kinetics Inflation Beneficiaries ETF (INFL), which launched in January, identifies and groups those names to offer investors protection in inflationary environments, its co-portfolio manager James Davolos told CNBC’s “ETF
RJ Scaringe, founder and chief executive officer of Rivian Automotive Inc., unveils the R1T electric pickup truck, left, and R1S electric sports utility vehicle (SUV) during a reveal event at AutoMobility LA ahead of the Los Angeles Auto Show in Los Angeles, California. Bloomberg | Bloomberg | Getty Images Electric vehicle start-up Rivian on Friday
A National Park Service worker replaces a flag at the Washington Monument which reopened today following a six month closure due to COVID-19 safety measures, in Washington U.S., July 14, 2021. Kevin Lemarque | Reuter The U.S. economy is expected to post another roaring growth spurt in the second quarter, before a slow and steady
The dean of Brown University’s School of Public Health warned about the tough months ahead across the U.S. due to Covid, as new data shows the delta strain can carry up to 1,000 times more virus in their nasal passages than those infected with the original strain. “I think people are underestimating how bad this
Special forces troops patrol at Prado Avenue following the protests in Cuba, Havana on July 21, 2021. Yander Zamora | Anadolu Agency | Getty Images WASHINGTON – The United States imposed sanctions on Cuba’s defense minister and the communist nation’s special forces brigade for the repression of peaceful protests that broke out on the island
In this article TSLA Elon Musk, founder of SpaceX and chief executive officer of Tesla Inc., arrives at the Axel Springer Award ceremony in Berlin, Germany, on Tuesday, Dec. 1, 2020. Liesa Johannssen-Koppitz | Bloomberg | Getty Images Tesla CEO Elon Musk said Wednesday that his electric vehicle and solar business could help bitcoin miners switch to
Elon Musk, head of Tesla, at the Tesla Gigafactory construction site in Grünheide near Berlin, September 3, 2020. Patrick Pleul | picture alliance | Getty Images The price of ethereum rose Wednesday afternoon after Tesla and SpaceX CEO Elon Musk said he owns the cryptocurrency at The B-Word conference, an event hosted by the Crypto
A woman looks at the “Naming the Lost Memorials,” as the U.S. deaths from the coronavirus disease (COVID-19) are expected to surpass 600,000, at The Green-Wood Cemetery in Brooklyn, New York, U.S., June 10, 2021. Brendan McDermid | Reuters The Covid-19 pandemic drove average life expectancies in the U.S. down by about a year and
In this article AMZN Chief Executive Officer of Amazon, Jeff Bezos, tours the facility at the grand opening of the Amazon Spheres, in Seattle, Washington on January 29, 2018. Jason Redmond | AFP | Getty Images Jeff Bezos just took on a new title after stepping down as CEO of Amazon earlier this month —
House Minority Leader Kevin McCarthy (R-CA) speaks during his weekly news conference at the U.S. Capitol on February 27, 2020 in Washington, DC. Mark Wilson | Getty Images House Minority Leader Kevin McCarthy on Monday picked five House Republicans to serve on the select committee that will investigate the Jan. 6 insurrection at the U.S.
U.S. Attorney General Merrick Garland looks on as he announces that the Justice Department will file a lawsuit challenging a Georgia election law that imposes new limits on voting, during a news conference at the Department of Justice in Washington, D.C., June 25, 2021. Ken Cedeno | Reuters The Department of Justice on Monday formally
Eric Yuan, founder and chief executive officer of Zoom Video Communications Inc., center, reacts while ringing the opening bell during the company’s initial public offering (IPO) at the Nasdaq MarketSite in New York, U.S., on Thursday, April 18, 2019. Zoom reported net income of $7.6 million on revenue of $331 million for the year ended
An Israeli woman uses her iPhone in front of the building housing the Israeli NSO group, on August 28, 2016, in Herzliya, near Tel Aviv. Jack Guez | AFP | Getty Images Private Israeli spy software was used to hack dozens of smartphones that belonged to reporters, human rights activists, business executives and the fiancee
US President Joe Biden walks to Marine One on the South Lawn of the White House July 16, 2021, in Washington, DC. Brendan Smialowski | AFP | Getty Images Facebook on Saturday refuted remarks made by President Joe Biden that social media platforms are “killing people” by allowing coronavirus vaccine misinformation on their services and argued
Exchange-traded fund weighting strategies are starting to really matter for investors. Longtime market watcher and Wharton School professor Jeremy Siegel has argued for decades that investors should consider alternatives to popular market cap-weighted funds, particularly ETFs that weigh their holdings based on fundamental factors such as earnings growth, dividends or momentum. Now, that tide is
In this article AAPL AMZN The Amazon shopping app in the Google Play Store on an Android smartphone. Christoph Dernbach | picture alliance | Getty Images Apple has removed Fakespot, a well-known app for detecting fake product reviews, from its App Store after Amazon complained the app provided misleading information and potential security risks. Fakespot’s
Attendees visit the Impossible Foods booth, January 8, 2020 at the 2020 Consumer Electronics Show (CES) in Las Vegas, Nevada. Robyn Beck | AFP | Getty Images Impossible Foods is planning to add another meat substitute to its roster: plant-based chicken nuggets. The company will unveil the new product to U.S. operators at a trade