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Evan Spiegel, co-founder and chief executive officer of Snap Inc., stands on the floor of the New York Stock Exchange during the company’s initial public offering on Thursday, March 2, 2017. Michael Nagle | Bloomberg | Getty Images Snap‘s stock price soared more than 22% after hours on Tuesday as the company posted an unexpected,
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(L-R) Reed Hastings and Ted Sarandos attend the “Marseille” Netflix TV Serie World Premiere At Palais Du Pharo In Marseille, on May 4, 2016 in Marseille, France. Stephane Cardinale | Corbis | Getty Images Netflix is set to report earnings for its third quarter of 2020 after the bell on Tuesday. Here are the key
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Bill Gates, (R) talks with Steven Ballmer, who was named President of Microsoft July 21, 1998 in Redmond, Washington. Jeff Chistensen | Getty Images The Department of Justice’s long-expected antitrust lawsuit against Google draws explicitly from the government’s antitrust case against Microsoft almost 20 years ago, offering a narrowly focused argument that has a better
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US President Donald Trump and Democratic presidential candidate and former US Vice President Joe Biden are seen during the first presidential debate on a YouTube video displayed on a screen of a smartphone. United States presidential election scheduled on November 3, 2020. Pavlo Conchar | LightRocket | Getty Images Don’t let the bitterness of the
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U.S. Attorney General William Barr delivers opening remarks at a summit on “Combating Anti-Semitism” at the Justice Department in Washington, July 15, 2019. Erin Scott | Reuters The Department of Justice will file its antitrust lawsuit against Google Tuesday, which will reportedly focus on the tech giant’s dominance in online search. Eleven Republican state attorneys
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Stocks such as Peloton and Netflix are likely to continue moving to the upside during the coronavirus pandemic, CNBC’s Jim Cramer said Monday, even though the persistent strength sometimes defies fundamental metrics. “Until we turn the corner on the pandemic, the earnings themselves are simply an abstraction for these thesis stocks and any disappointment is
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CNBC’s Jim Cramer on Monday advised investors to take some profits in high-flying technology stocks that have been major winners during the coronavirus pandemic, raising the specter of valuation concerns. “Some of these red-hot growth names are absolutely worth owning into this weakness, although if you’re up huge, remember it is a sin to let
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U.S. President Donald Trump and Democratic presidential nominee Joe Biden speaking during the first 2020 presidential campaign debate. Brian Snyder | Reuters President Donald Trump and Democratic nominee Joe Biden will at times have their microphones temporarily cut during their next debate, the event’s sponsors announced Monday. When one of the two candidates is given
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Democratic presidential nominee Joe Biden speaks during a drive-in campaign rally at Riverside High School on October 18, 2020 in Durham, North Carolina. Drew Angerer | Getty Images Lobbyists are preparing for a potential Joe Biden presidency as he leads President Donald Trump in national and several swing state polls. In recent weeks, some lobbyists