Democrats won major concessions on Tuesday from state election authorities in North Carolina, who agreed to their demands to relax the rules on mail-in ballots. In an agreement filed with the courts in North Carolina, the plaintiffs — a coalition of Democrat-aligned interest groups — agreed to settle their lawsuit against the state in return…
Category: Major
Barclays downgraded mega-cap tech stocks, given their extreme valuations.The S&P 500 P/E ratio is approaching the 2000 dotcom bubble peak.We can expect more volatility in the coming months.Since the decline in March, mega-cap tech stocks have led the recovery in U.S. equity markets. After hitting a low of 6,879 on March 20, the Nasdaq Composite…
Emergency personnel are responding to what has been described as a “major explosion” in Baltimore, with “multiple people” reportedly trapped, including children. According to the Baltimore City firefighters union, the explosion occurred near Reisterstown Road, affecting several homes and trapping “at least” five individuals, including children. Authorities are responding to the scene: ⚠️⚠️MAJOR EXPLOSION WITH MULTIPLE PEOPLE…
YouTube gaming streamer LazarBeam gets hit with a copyright strike on content from several years ago. The strike would prevent the streamer from uploading videos or streaming for a whole week. With nearly 16 million subscribers, LazarBeam is one of YouTube’s biggest gaming creators. He signed an exclusive streaming deal with the platform in January…
Major League Baseball has announced plans to stencil “Black Lives Matter” on the pitcher’s mound during opening week, beginning with the Washington Nationals and New York Yankees game on Thursday. “The Nationals, in conjunction with Major League Baseball, stand with the Black Lives Matter movement and will utilize the platform and national stage of Opening…
Saying that these protests have “never been about the flag,” Major League Baseball became the most recent pro sport to condone protests during the national anthem. On Monday, members of the New York Giants took a knee during the national anthem for a game against the Oakland A’s played before a stadium filled with cardboard…
Microsoft shared new details about the backward compatibility features of the Xbox Series X. The console automatically adds HDR support to backward compatible games and improves frame rates up to 120 FPS for some titles. These improvements even affect games developed for the Xbox 360 and the original Xbox console. Today, Microsoft shared new insights…
The lead data regulator for much of big tech in Europe is moving inexorably towards issuing its first major cross-border GDPR decision — saying today it’s submitted a draft decision related to Twitter’s business to its fellow EU watchdogs for review. “The draft decision focusses on whether Twitter International Company has complied with Articles 33(1)…
A number of popular apps including Spotify, GroupMe, Pinterest and TikTok were fielding user iOS crash reports Wednesday evening, the result of an apparent issues with Facebook’s SDK according to a lengthy GitHub thread on the topic. Downdetector logged tens of thousands of user crash reports on Spotify between 3:30 and 5:30 pm PT, the…
The S&P 500 remains bullish as the index continues to keep bears at bay. Nevertheless, one portfolio management firm says that the bear case is now stronger than ever due to record valuations. Other analysts are not yet ready to press the panic button. The S&P 500 (SPX) continues to show its might. The index…