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This high school junior bought 3 stocks when she was 14 years old, then purchased a Tesla
Fox Business· 2024-02-26 14:45
As investment accounts for teens surge in popularity, one high school junior says she started investing at the age of 14 years old and was so successful, she bought her own Tesla. "I first… started making an income when I was 14, and it was because of social media," Sophia Castiblanco said on FOX Business’ "The Big Money Show" Friday."I've always kind of had a business mindset of wanting to make money, and I'm very okay with taking risk," she continued. THIS IS THE BEST TIME TO GIVE MONEY TO YOUR KIDS, ACC ...
McDonald's customer allegedly punched employee 'several times' for touching his drink lid
Fox Business· 2024-02-26 10:00
A McDonald’s customer in Boston, Massachusetts, allegedly became angry and punched an employee at the restaurant because they touched the lid of his drink, according to police. The unnamed customer, identified only as a 34-year-old man, punched the fast food worker "several times" on Saturday at around 7 p.m., Massachusetts Bay Transportation Authority Transit Police wrote on X, formerly Twitter.The suspect was arrested and transported to MBTA police headquarters for booking. MCDONALD'S CEO SAYS FAST FOOD C ...
AT&T CEO shares letter to employees after cell network outage: 'we fell short'
Fox Business· 2024-02-25 21:40
AT&T CEO John Stankey shared a letter sent to employees on Sunday after the company's cellular network experienced an outage on Thursday that impacted tens of thousands of Americans. AT&T's network's hourslong outage on Thursday resulted in about 73,000 outage reports on Downdetector, a website that tracks internet and cellular network outages."Thursday was a challenging day for our company," Stankey wrote. "Our purpose is to connect people to greater possibility, and we fell short of what we typically do s ...
Ford pauses shipments of new F-150 Lightning EVs
Fox Business· 2024-02-25 19:42
Ford Motor Company said Friday that it has halted shipments of all 2024 model year F-150 Lightning electric pickup trucks so that the company could perform quality checks for an unspecified issue. The Detroit automaker said the pause on shipments began on Feb. 9 and didn't say when it expected to resume shipments of the EV truck that had begun in January. A Ford spokesperson declined to specify what quality issue is being checked while the stop-ship order is in place, Reuters reported. Ford did not immediat ...
AT&T to give billing credits to customers impacted by cell network outage
Fox Business· 2024-02-25 17:22
AT&T is planning to provide billing credits to customers who were impacted or potentially impacted by a wireless outage last week, the company said on Saturday. The outage occurred for about 10 hours on Thursday and AT&T said it believes the incident was caused by the "application and execution of an incorrect process used as we were expanding our network, not a cyberattack."Over 73,000 outage reports were filed during the incident on the website Downdetector, which tracks phone and internet service outages ...
Nvidia CEO is $9.6B richer as AI chipmaker's stock soars
Fox Business· 2024-02-23 20:36
Nvidia CEO Jensen Huang's net worth jumped by $9.6 billion on Thursday as the AI chipmaker's stock surged after reporting stronger-than-expected quarterly results. Huang's overall net worth is estimated at $69.2 billion, according to Bloomberg's Billionaires Index.Nvidia reported Wednesday that it had generated fourth-quarter revenues of $22.1 billion, marking a 265% increase from the prior year. Its net income rose by 769% year over year. NVIDIA'S STOCK SOARS AFTER AI BOOM LIFTS REVENUE 265% "Accelerated ...
Nvidia nabs $2T valuation, S&P and Dow hit records with Nasdaq close behind
Fox Business· 2024-02-23 20:05
Nvidia has investors cheering the AI boom, which in turn is helping U.S. stocks rise to fresh record highs. The S&P 500 and Dow Jones Industrial Average hit new records on Friday while the Nasdaq Composite is just shy of its all-time high. Ticker Security Last Change Change % SP500 S&P 500 5094.67 +7.64 +0.15%I:DJI DOW JONES AVERAGES 39158.52 +89.41 +0.23%I:COMP NASDAQ COMPOSITE INDEX 16017.870111 -23.75 -0.15% The tech-heavy Nasdaq is looking at its first record close since November 2021 and needs to fin ...
Jeff Bezos sells 50M shares of Amazon stock: what is the impact of his stake?
Fox Business· 2024-02-23 14:20
Jeff Bezos capped off several weeks of offloading Amazon stock with a fourth round of sales disclosed to the Securities and Exchange Commission (SEC) on Tuesday. In the most recent sale, the Amazon founder shed 14 million shares from his stake in the e-commerce company over two days at the end of last week and one day early this week, the SEC filing showed. They amounted to nearly $2.37 billion.His prior rounds of sales amounted to nearly 36 million Amazon shares overall. Those shares, which were sold in in ...
AT&T had a massive cell phone outage: here's how to work around one
Fox Business· 2024-02-23 14:20
A temporary outage that hit cellphone networks on Thursday and impacted tens of thousands of Americans left many wondering how they can prepare for outages and find ways to make calls despite their network being down. Outages were initially reported on AT&T's network around 3:30 a.m. ET and progressed from there, with more than 73,000 reports just after 9 a.m. ET, according to Downdetector – a website that tracks reports of service outages. AT&T said Thursday afternoon that it had restored service to all af ...
Capital One's purchase of Discover faces political and regulatory hurdles
Fox Business· 2024-02-23 13:01
Capital One is plowing forward with plans to purchase Discover Financial, but the proposed acquisition is expected to face major pushback from regulators – and whether it actually goes through could depend on who wins the presidential election. Before the ink had time to dry on the press release announcing the merger of two of America's largest credit card companies, some lawmakers and consumer groups called for regulators to quash it over antitrust concerns. Ticker Security Last Change Change % COF CAPITAL ...