Apparently, Chamath Palihapitiya was on to something when he revealed earlier this week that he felt “tremendous guilt” for the role that he played in Facebook’s success as a social-media company.
To wit, Facebook's director of research David Ginsberg and research scientist Moira Burke published a blog post this week explaining that, in some instances, the social network can have a deleterious impact on an individual’s overall mood and health.
Shares of Alibaba fell on Thursday morning, despite an exciting news story involving the Chinese e-commerce juggernaut, which is rushing to shake up the way people buy cars in China. Alibaba seems to be taking a page from Amazon’s acquisition of Whole Foods, with the continued push into physical retail. The plan outlined by Alibaba, is to open two giant car vending machines in early 2018, shaped like a futuristic tubular building with a giant cat’s head on top.
"They're with her..."
Source: Branco
Update: House Speaker Paul Ryan (R-WI) issued the following statement following Federal Communications Commission (FCC) Chairman Ajit Pai’s actions to undo net neutrality regulations:
Since the 2009 stock market lows, investors have looked to the Semiconductor sector for strong returns and market leadership.
Just check out the performance numbers vs the broader stock market: Semiconductor ETF (SMH) +494% vs S&P 500 +262%.
With numbers that double those of the S&P 500, it’s fair to say that the Semiconductors have provided important leadership for this bull market.