Instagram has installed a new privacy setting which will default all new and existing underage accounts to an automatic private mode.Brandon Bell | Getty ImagesInstagram now has 3 billion monthly active users, Meta CEO Mark Zuckerberg said Wednesday.”What an incredible community we’ve built here,” Zuckerberg posted on his Instagram channel.The figure is a major milestone for the photo-sharing app, which the social media company acquired in 2012 for $1 billion.Meta last disclosed Instagram’s user figures in October 2022 when Zuckerberg said during an earnings call that the app had crossed 2 billion monthly users.Meta said in April 2024 that it…
Author: usaeverydaylife
UBS upgrades shares of General Motors on Wednesday, telling clients the automaker can manage tariff costs and that the stock is cheap. UBS raised its GM rating to buy from neutral and ratcheted up its price target to $81 from $56. The new target is nearly 40% higher than Tuesday’s close. The investment bank noted its earnings estimates for the next two years are materially higher than the rest of Wall Street. “While tariffs have added costs that GM won’t pass through to the consumer, we believe GM has a number of levers at their disposal to offset the headwind,”…
Ford-150 pickup trucks are displayed for sale at a dealership on March 24, 2025 in Austin, Texas. Brandon Bell | Getty ImagesDETROIT — Ford Motor is trying to boost sales of its crucial F-150 pickup truck before the end of the third quarter by offering special financing to consumers with less-than-perfect credit ratings.The move includes offering consumers with subprime credit — those with a FICO score below 620 — lower interest rates that are typically offered to those with quality scores, the automaker’s Ford Credit financial arm confirmed Wednesday.Such promotions aren’t unprecedented and are an effort to make vehicles more affordable…
(L-R) U.S. President Donald Trump and Rolex CEO Jean-Frederic Dufour arrive in the Rolex suite prior to the Men’s Singles Final match between Jannik Sinner of Italy and Carlos Alcaraz of Spain on Day Fifteen of the 2025 US Open at USTA Billie Jean King National Tennis Center on September 07, 2025 in New York City. Matthew Stockman | Getty ImagesSen. Elizabeth Warren served Rolex with a critical letter on Wednesday for hosting President Donald Trump at the U.S. Open, alleging that the Swiss company could be trying to sidestep tariffs slapped on its home country.The Massachusetts Democrat said that…
Xiaomi launched the Xiaomi 15T series of smartphones as it continues its global expansion.XiaomiMUNICH — Xiaomi on Wednesday made the international debut of a slew of new devices and appliances with its smartphones at the center, as the Chinese tech giant sets out to directly challenge Samsung.The Beijing-headquartered company took the wraps off of the Xiaomi 15T series comprising of two smartphones — the Xiaomi 15T and Xiaomi 15T Pro — during a launch event in Munich.The devices, priced at 649 euros ($766) and 799 euros, respectively, continue Xiaomi’s strategy of bringing phones with the latest specs to the market…
A Lithium Americas worker processes lithium at the company’s Reno, Nevada R&D lab.Lithium Americas stock soared Wednesday as the Trump administration is seeking an equity stake in the mining company, which is based in Vancouver, British Columbia.The White House proposed the equity stake as Lithium Americas renegotiates the terms of a $2.2 billion loan from the Department of Energy for its Thacker Pass mine, a Trump administration official told CNBC. Reuters first reported the equity stake proposal.Lithium Americas’ shares surged nearly 80% in morning trading.It is the latest move by the White House to take direct ownership in the mineral…
From high-end masterpieces to lower-priced works, art has become an important part of some investors’ diversified portfolios. For Corient, it is one way to cater to its ultra-high-net-worth clients, which will soon expand across the globe. The wealth-management firm, headquartered in Miami, recently announced the acquisitions of two Europe-based firms: multi-family-offices firm Stonehage Fleming and wealth manager Stanhope Capital. Once the deals close early next year, Corient will handle about $430 billion in assets. The expansion means clients can enjoy a seamless experience investing not just in global stocks and bonds, but in alternative investments as well, CEO Kurt MacAlpine…
My top 10 things to watch Sept. 24, Wednesday 1. The S & P 500 was looking at a slightly higher open this morning after breaking a three-session winning streak. Tech stocks, which had been a drag on yesterday’s market, were looking better this morning. The S & P 500 closed Monday at a record high. My new book, “How to Make Money in Any Market,” is set to go on sale next week. I’m kicking it off in New York City with a signing at the 555 5th Avenue Barnes & Noble store this coming Tuesday at noon ET.…
Department of Homeland Security Secretary Kristi Noem hosts a roundtable discussion about securing the Northern Border, in Detroit, Michigan, U.S., June 20, 2025. REUTERS/Rebecca CookRebecca Cook | ReutersA shooter opened fire Wednesday morning at an Immigration and Customs Enforcement detention facility in Dallas, causing “multiple injuries and fatalities,” Homeland Security Secretary Kristi Noem said.”The shooter is deceased by a self-inflicted gun shot wound,” Noem said in an X post.”While we don’t know motive yet, we know that our ICE law enforcement is facing unprecedented violence against them. It must stop,” she wrote.Preliminary information suggests the shooter was a “possible sniper,”…
Check out the companies making headlines before the bell: Alibaba — U.S.-listed shares of the Chinese tech company jumped 9.3% after Alibaba said it will boost spending on artificial intelligence models and development. It also unveiled new AI products and updates. Lithium Americas — The mining stock rose more than 69% after Reuters reported, citing people familiar with the matter, that the Trump administration was looking to acquire a stake of up to 10% in the company. Oracle – The database software company’s stock dropped 1.4% amid uncertainty over the extent to which Oracle will exercise control over TikTok’s algorithm…
