Saturday, December 21

Business

Jeff Bezos Spends $16 Million Building a “Vertical” Dream Home on Another Manhattan Pad
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Business, Life Style

Jeff Bezos Spends $16 Million Building a “Vertical” Dream Home on Another Manhattan Pad

Jeff Bezos Spends $16 Million Building a "Vertical" Dream Home | Image Credit: mansionglobal.com The building's penthouse and two flats are already owned by the CEO of Amazon. In the Flatiron section of Manhattan, Jeff Bezos is adding to his collection of residential properties. He just paid $16.13 million for an additional apartment at a 24-story boutique condominium across from Madison Square Park. He already owns all four floors of the building. Also Read: Return of Black Entrepreneurs Day to the CapitolOn February 25, the chief executive officer of Amazon purchased the condominium at 212 Fifth Avenue through a limited liability corporation incorporated in Delaware. The deed submitted to the city on Thursday states that the transaction concluded on April 7. Negotiations took...
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Return of Black Entrepreneurs Day to the Capitol
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Business

Return of Black Entrepreneurs Day to the Capitol

Return of Black Entrepreneurs Day to the Capitol | Image Credit: blackentrepreneursday.com Next week, hundreds of Black entrepreneurs will gather at the Minnesota Capitol to lobby legislators and express support. Sheletta Brundidge, a well-known local media figure, is organizing Black Entrepreneurs Day at the Capitol for the second year running in an effort to link lawmakers with Black-owned companies. Image Credit: tcbmag.com Allies of Black business owners are welcome to attend the event on February 16. The day will begin at 11:30 a.m. with a rally in the rotunda of the Capitol, where Black entrepreneurs will discuss the steps that need to be taken to remove the historical hurdles that they face. Participants will meet with politicians at noon, and at 2:00 p.m., there w...
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Nvidia Stock Prediction: Following a record-breaking day, NVDA reaches new all-time highs following hours
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Business, Technology

Nvidia Stock Prediction: Following a record-breaking day, NVDA reaches new all-time highs following hours

Nvidia Stock Prediction | Image Credit: medium.com Facts to Know Goldman raises the price objective for NVDA to $800. Just under $700 marks the new all-time high for Nvidia's shares. Monday's ISM Services PMI is hot, which lessens the likelihood of a March rate drop. Goldman increases Nvidia's projected earnings for 2025 and 2026 by +20%. After hours, Nvidia's (NVDA) stock continues to set new highs. The preferred growth stock had a 0.5% increase in shares on Monday following the market, reaching a new high of $696.74. On Monday, Nvidia's stock surprised the market by going on the attack in response to a widespread sell-off in the market. In the morning's regular session, NVDA shares hit a new all-time high of $694.97 following a 29% increase in a Goldman Sachs analy...
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Microsoft provides cautious outlook even if Azure growth exceeds earnings expectations
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Business, Technology

Microsoft provides cautious outlook even if Azure growth exceeds earnings expectations

Microsoft Azure Growth to Slow, Fueling Cloud Computing Concerns | Image Credit: datacenterknowledge.com Key Facts Microsoft outperformed on both the top and bottom lines due to stronger-than-expected Azure cloud growth. The software manufacturer closed its largest-ever purchase during the quarter when it acquired Activision Blizzard, a publisher of video games. Tuesday's extended trading saw a 2% decrease in Microsoft shares as the software company reported fiscal second-quarter earnings that above analysts' projections and provided a cautious prognosis for quarterly sales. Here's how the business fared in comparison to the consensus of analysts surveyed by LSEG (Refinitiv): Earnings per share: $2.93 compared to the estimated $2.78 per share Revenue: $62.02 billion...
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Brokerages recommend Allogene Therapeutics, Inc. (NASDAQ:ALLO) as a “Moderate Buy” on average
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Business, Health

Brokerages recommend Allogene Therapeutics, Inc. (NASDAQ:ALLO) as a “Moderate Buy” on average

Brokerages recommend Allogene Therapeutics, Inc. (NASDAQ:ALLO) | Image Credit: beststocks.com According to Stock Market Ratings, the eleven analysts that are now following Allogene Therapeutics, Inc. (NASDAQ:ALLO) have recommended shares of the firm on average as "Moderate Buy." Eight research experts have recommended that the business purchase the stock, while three have rated it with a hold rating. Brokers that have covered the stock over the past year have an average 12-month price objective of $15.29. Recent comments on ALLO have come from a number of brokerages. In a research report released on Friday, January 19, HC Wainwright lowered their price target on Allogene Therapeutics shares from $12.00 to $10.00 and established a "buy" rating for the business. On Friday, January 5, J...
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When Is The Business Tax Filing Due for 2024?
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Business, General

When Is The Business Tax Filing Due for 2024?

When Is The Business Tax Filing Due for 2024 | Image Credit: brecorder.com When starting your financial journey in 2024, it's important to be aware of all the deadlines and obligations you have, like submitting taxes and taking advantage of tax deductions. This is especially true when it comes to filing company taxes. Jan. 16, 2024.: Q4 2023 Estimated Tax Payments Due Mar. 15, 2024.: S Corp. and Partnership tax returns due for the tax year 2023 Apr. 15, 2024.: Last day for making 2023 contributions to IRAs and HSAs Apr. 15, 2024.: Sole proprietor and C Corp. tax returns due. Q1 2024 estimated taxes are due. June. 17, 2024.: Q2 2024 estimated taxes due July. 31, 2024.: Tax Form 5500 – 401(k) Retirement Plan Filing deadline Sept. 16, 2024.: Extended calendar-year for...
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2024 to bring some major changes filing taxes
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Business

2024 to bring some major changes filing taxes

Filing taxes 2024 changes | Image Credit: priortax.com Due to an extensive technology update being carried out by the IRS, certain papers can now be submitted online for the first time. WASHINGTON – "Death and taxes are the only certainties in life," as Benjamin Franklin once stated. Additionally, the Internal Revenue Service opens a window of several months each year for American taxpayers to submit their taxes, much like clockwork. The official start date of the 2024 tax season is Monday, January 29, as determined by the IRS this year. It is anticipated by the government agency that over 128.7 million tax returns would be submitted by the April 15th deadline. Also Read: Google intends to invest in Character AI chatbot firm – Planning alliance between Google and Character A...
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Ford union members approve the UAW agreement, concluding historic talks with Detroit automakers
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Business, Life Style

Ford union members approve the UAW agreement, concluding historic talks with Detroit automakers

Ford union members approve the UAW agreement | Image Credit: 11alive.com Important Facts A new labor contract with Ford Motor has been adopted by United Auto Workers members; most Ford plants approved the agreement, which provides at least 25% salary increases, similar to agreements with GM and Stellantis. The tentative agreements struck by the union and the automakers put a stop to almost six weeks of UAW targeted strikes, and the contract ratifications followed shortly after. DETROIT — The United Auto Workers and Detroit manufacturers engaged in difficult contract discussions, which came to an end on Friday when union members at Ford Motor accepted a provisional deal. According to early voting results released by the union on Friday, workers at Stellantis and General Mot...
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Google intends to invest in Character AI chatbot firm – Planning alliance between Google and Character AI
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Business, Technology

Google intends to invest in Character AI chatbot firm – Planning alliance between Google and Character AI

Planning alliance between Google and Character AI | Image Credit: martechseries.com There are reports that Google, a division of Alphabet Inc., is in advanced talks to invest hundreds of millions of dollars in Character.AI, a startup developing chatbot using artificial intelligence. Reuters claims that this investment has the potential to greatly increase Character.AI's capacity to improve AI model training and satisfy rising consumer demand. Strengthening a current alliance Morality.Tensor Processing Units and Google cloud services are already used by AI for model training. This alliance is expected to be further strengthened by the proposed investment, which might take the form of convertible notes. But Google and Character, too.Requests for comment on these talks have not recei...
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Microsoft Teams down for more than eight hours globally, in a recovery phase now [Update]
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Business, Technology

Microsoft Teams down for more than eight hours globally, in a recovery phase now [Update]

Microsoft Teams down globally | Image Credit: globalnews.ca A large number of the Teams features impacted by this event have either completely recovered or undergone dramatic enhancements. We are keeping a close eye on the workstreams and remedies to handle any potential impact scenarios that may still be related to this incident. Was it a happy outage during which you could unwind, or did anything vital to the objective go wrong? In any case, according to status updates from Microsoft's official account, "a fraction" of Microsoft Teams was unavailable on Friday for more than eight hours, with outages occurring in Europe, the Middle East, Africa, North America, and South America. Microsoft tweeted at 8:17 p.m. ET on Friday to let people know that although the worst is passed, the ...
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