Old Netflix Tweet Goes Viral After Company's Recent Decision on Password Sharing

A crackdown on account sharing appears to be on its way and users are expressing their opinions.Details about a Netflix (NFLX) - Get Free Report trial for paid sharing were unintentionally posted to its help center pages for the U.S. on Feb. 1.The trial was only applicable to Chile, Costa Rica and Peru, but details emerged on its website globally.The...

2h

Lawsuit Accuses Wells Fargo of Failing to Protect Female SVP from Sexual Harassment

"Wells Fargo is not some mom-and-pop," the West Coast Trial Lawyers attorney representing the case told TheStreet.Over the last decade, Wells Fargo  (WFC) - Get Free Report has navigated a number of concurrent scandals and lawsuits. In 2013, the fourth-largest bank in the country shelled out $175 million to settle allegations that it had been charging...

4h

Elon Musk Warns Against Doing One Thing in Times of Crisis

The billionaire went into debt to acquire Twitter but he regrets this decision which put him in a not very enviable financial situation.Elon Musk rarely expresses regret. When he made the offer to buy Twitter for $44 billion on April 25, many pundits believed the Tesla CEO was overpaying for a money-losing platform that lags far behind other social...

5h

Billionaire Charlie Munger Delivers Very Bad Crypto News

Warren Buffett's right-hand man calls on the U.S. to ban cryptocurrencies.It's an unsurprising uppercut -- but its power comes from an important voice and will definitely hurt the cryptocurrency industry. And the timing is unfortunate for the market since cryptocurrencies have been enjoying good momentum for a few weeks now. Billionaire Charlie Munger,...

5h

What Is a Margin of Safety in Investing? How Does It Work?

The larger a stock's margin of safety, the more upside potential (and less downside potential) it has for an investor. Adi Goldstein via Unsplash; Canva What Does “Margin of Safety” Mean in Investing?Stocks fluctuate in price constantly, and longer-term investors aim to take advantage of these fluctuations by buying stocks when they’re “on sale,”...

6h

New Las Vegas Strip Project Means the End of an Era

Aside from Wayne Newton, nothing lasts forever on the Las Vegas Strip and one famed attraction and a major casino brand may be going away very soon.Sometimes Las Vegas embraces the long goodbye. Think Elton John or Motley Crue seemingly forever on a final tour or the many acts who may not say the end is near, but whose age makes it a distinct possibility.In...

6h

Billionaire Investor Doubles Down on Holding Cash vs. Investing in Stocks, Bonds

After revising his outlook on cash last fall, Ray Dalio reiterated his thoughts on the subject Feb. 2.Ray Dalio, founder and co-chief investment officer of Bridgewater Associates  (BWB) - Get Free Report, the world’s biggest hedge-fund manager, is talking cash again.After famously saying that cash is trash, he signaled a different outlook in October...

6h

Apple Earnings Miss Forecast For First Time Since 2016 As iPhone Sales Hit By China Supply Chain Snarls

Apple posted its first quarterly revenue decline in four years Thursday, alongside a rare earnings miss for the world's most-valuable tech company.Apple  (AAPL) - Get Free Report posted weaker-than-expected first quarter earnings Thursday, as well as its first annual revenue decline in four years, as the tech giant suffered from supply chain snarls...

6h

Amazon Earnings Miss Street Forecast, But AWS Drives Revenue Beat

"In the short term, we face an uncertain economy, but we remain quite optimistic about the long-term opportunities for Amazon," said CEO Andy Jassy.Amazon  (AMZN) - Get Free Report posted better-than-expected fourth quarter revenues Thursday, thanks to solid gains from its Web Services division, but fell shy of Street earnings forecasts, sending shares...

6h

Crypto Community Erupts After Charlie Munger's Latest Controversial Comments

Ok Twitter, tell us how you really feel about Charlie.Yes, Charlie Munger has been around for a while. The nonagenarian turned 99 a few weeks ago.But that doesn't necessarily mean he doesn't understand what bitcoin is and what it could bring to the table as the bedrock of decentralized finance. Don't tell that to the people on social media, though,...

7h