Posts

A contrarian indicator that flashed before the November stock plunge is edging toward another sell signal

Image
BRYAN R. SMITH/AFP via Getty Images Bank of America said one of its contrarian indicators is close to flashing a sell signal. The bank's Bull & Bear Indicator is hovering just under an "extreme bullish" reading. The indicator recently flashed a sell signal in October, before the November sell-off. A contrarian signal is close to flashing red, pointing to another potential sell-off looming for stocks. Bank of America's Bull & Bear Indicator , which measures investor positioning and takes into account factors like market technicals, flashes a "buy" signal when investors are extremely bearish, and vice-versa. In a note to clients on Friday, analysts at the bank said they had recently revamped the indicator to better reflect factors like market structure, investor liquidity, and the risk preferences of investors. The gauge is now hovering just below a sell signal . BofA Global Research The last time the updated Bull & Bear Indicat...
Post a Comment
Read more

Source: livestream shopping app Whatnot nears ~$1B in revenue for 2025; Whatnot says it has passed $6B in gross sales this year, more than doubling 2024's sales (Ann Gehan/The Information)

Image
Ann Gehan / The Information : Source: livestream shopping app Whatnot nears ~$1B in revenue for 2025; Whatnot says it has passed $6B in gross sales this year, more than doubling 2024's sales   —  Livestream shopping app Whatnot is targeting close to $1 billion in revenue for 2025, according to a person with knowledge of the company's finances. from Techmeme https://ift.tt/98VO0oL
Post a Comment
Read more

Rivian says it is building its own 5nm AI chip called the Rivian Autonomy Processor and a foundational "Large Driving Model", to enable fully autonomous driving (Andrew J. Hawkins/The Verge)

Image
Andrew J. Hawkins / The Verge : Rivian says it is building its own 5nm AI chip called the Rivian Autonomy Processor and a foundational “Large Driving Model”, to enable fully autonomous driving   —  The company's chips, quoted at 1,600 trillion operations a second, will fuel a new push into self-driving cars for the EV company. from Techmeme https://ift.tt/ZqASNM4
Post a Comment
Read more

Wins, setbacks, and rivalries: Inside Cindy Rose's first 100 days as CEO of ad giant WPP

Image
Cindy Rose marked her 100th day as CEO of WPP this week. She faces a challenge in stabilizing an ad giant that has fallen behind its rivals and must adapt to the age of AI. WPP/Jillian Edelstein WPP CEO Cindy Rose marked 100 days in the role this week. Rose has received plaudits for owning some of WPP's past mistakes and signaling change ahead. She faces a make-or-break challenge as she prepares to roll out a revamped strategy. When Cindy Rose took the helm at the advertising agency giant WPP in September, she inherited one of the most challenging jobs on Madison Avenue. Battered by a period of big account losses, internal restructuring, and thousands of layoffs, morale had sunk . So had the share price . London-based WPP was trading at lows not seen since 2009, and the company had warned investors that the remainder of the year would continue to be rocky. Insiders and shareholders were hopeful that Rose, a US-born executive most recently at Microsoft, could serve as a...
Post a Comment
Read more

Google unveils Emergency Live Video, similar to iOS' Emergency SOS Live Video, letting US users on Android 8 or later to share live video with 911 responders (Stevie Bonifield/The Verge)

Image
Stevie Bonifield / The Verge : Google unveils Emergency Live Video, similar to iOS' Emergency SOS Live Video, letting US users on Android 8 or later to share live video with 911 responders   —  Emergency Live Video is rolling out today on phones running Android 8 or later. … A new feature coming to Android … from Techmeme https://ift.tt/Jk9HL5a
Post a Comment
Read more

Anthropic donates the Model Context Protocol to the Agentic AI Foundation and says there are now more than 10,000 active public MCP servers (Anthropic)

Image
Anthropic : Anthropic donates the Model Context Protocol to the Agentic AI Foundation and says there are now more than 10,000 active public MCP servers   —  Today, we're donating the Model Context Protocol (MCP) to the Agentic AI Foundation (AAIF), a directed fund under the Linux Foundation … from Techmeme https://ift.tt/WTcfOyC
Post a Comment
Read more

Best Peacock promo codes we've tested in December 2025

Image
When you buy through our links, Business Insider may earn an affiliate commission. Learn more Peacock is touting 15,000 hours of on-demand content at launch. Peacock Update: We scoured the internet for coupons and found no active Peacock promo codes at this time. We'll add more to this page as they come up, so check back soon. In the meantime, check out Peacock's deals on annual plans below or head back to checkout . With so many streaming services competing for attention, choosing the right one for your household isn't always easy. But if your must-watch list includes NBC staples like "Parks and Recreation" and "The Office," Peacock quickly rises to the top. Even better, you can cut the cost of your subscription by using one of the best Peacock promo codes and start streaming your favorite shows and movies for less. Peacock's catalog goes well beyond NBC classics. Fans of Bravo can binge reality hits like "The Real Housewives of Atla...
Post a Comment
Read more