As The Ring's Bill Simmons pointed out in a flagship podcast with Rob Mahoney, the Los Angeles Lakers and their Crypto.com Arena neighbors, the Los Angeles Clippers, these all-star clubs could soon turn Los Angeles into a first-round basketball mecca. in the playoffs. . from.
The Lakers boast future Hall of Famers LeBron James and Anthony Davis, while the Clippers boast future Hall of Famers Kawhi Leonard and Paul George.
Today I was thinking that if the Lakers get the eighth seed and we go 4-5 against the Suns Clippers [in the first round], we'll have the world in the games of the third and fourth [a] rounds, [Kevin] Durant, [Devin] Booker, Chris Paul and [Nikola] Jokic are all in town," Simmons said.
This is an important point. Eight super duper big stars, all in or close to their prime (James and Paul remain very strong players, though not in their prime), all in LA at the same time.
“Four home games, third and fourth, maybe some on the same day. 20 years, they all pass. And if one of them plays six games, like six games, you can go back to… Suns Clippers, Denver. "Lakers," Simmons continued. “I've been here for 20 years and we've only made the playoffs twice, which sounds crazy but it's true. And the first year was bubble season… I'm excited because both teams are in this series… the Clippers can stay with a suspended team… and then the Lakers… I don't see these guys staying healthy for six weeks.
The medical staff in Los Angeles must prove Simmons wrong.
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Fox News host Shannon Brim on Sunday spoke with Texas Republican Michael McCaul about former President Donald Trump's "chaotic" foreign policy.
House Foreign Affairs Committee Chairman McCaul appeared on Fox News on Sunday to discuss the latest developments in world politics after Russian President Vladimir Putin announced plans to deploy nuclear weapons to Belarus for the first time in decades .
In his speech, McCaul criticized President Joe Biden's foreign policy, which he called "weak". Republicans have sharply criticized Biden's views on global issues, including the withdrawal of troops from Afghanistan in 2021, his attitude toward China and the extent of his administration's aid to Russia's intervention in Ukraine.
"Since President Biden took office, he has predicted weakness. When you predict weakness, you predict weakness and war," McCaul said. "When you project power, as [former President Ronald] Reagan said, you invite peace."
He added that Washington's "extraordinarily weak foreign policy" is responsible for a number of global crises, including China's increasingly aggressive stance toward Taiwan, Russia's intervention in Ukraine and rising tensions between the United States and Iran. McCall took issue with the foreign policies of Biden and Trump, saying that the country's opponents are "afraid" of Trump.
However, Brim questioned McCall about Trump's foreign policy. The former president has faced a backlash from critics who say his diplomatic policies have been erratic and alienating US allies abroad.
"What about people saying he's causing chaos? But when Biden comes back, foreign policy will be calm and peaceful. Has President Trump walked away from grand deals and created chaos?" Brim asked. "And underneath that, critics say we've lost respect in the world?"
In response, McCall defended Trump's foreign policy.
"Fear gives restraint and unpredictability, I'd say with Trump. With Biden — I'd say I'd go back to Afghanistan because of that projection of weakness," he said. "When Afghanistan fell, that was the turning point. When Putin looked at Ukraine and Xi looked at Taiwan. Then everything changed. Afghanistan was the turning point. It was a disaster."
The US withdrawal from Afghanistan was seen as a mistake and criticized by the entire political spectrum. The US military quickly evacuated the country in August 2021, allowing the Taliban movement to return to power, raising concerns about the future of the Middle Eastern country's right-wing struggle.
After the withdrawal, US lawmakers and foreign policy leaders grappled with what went wrong.
Republicans blamed Biden for the retreat, saying it was mishandled by his administration. Still, others said Trump's talks with the Taliban in the years before he left put the Biden administration at a disadvantage.
Newsweek reached out to McCall's office for comment via email.
Protesters have been protesting in Tel Aviv for 11 consecutive weeks against the government's controversial judicial reform bill. Getty Images via JACK GUEZ/AFPHide header
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On Wednesday, Federal Reserve Chairman Jerome Powell announced that the Fed would raise interest rates for the ninth consecutive time. And he explained why he raised interest rates by a quarter of a percentage point.
“We must bring inflation down to 2 percent. To reduce it, you need to pay, the real price is up to 2 percent,” he said.
Earlier this week, President Joe Biden presented the recipients of the 2021 National Humanities Medal and the National Medal of Arts at the White House. Among the guests at the event, which was postponed due to the pandemic, were Bruce Springsteen, Julia Louis Dreyfus and Colson Whitehead.
Despite reports this week that Donald Trump will be impeached, this is not the case. At least for now. A Manhattan grand jury heard evidence of hidden payments to former President Donald Trump during the 2016 presidential campaign. This week the grand jury finished hearing the witnesses.
Meanwhile, protests continue in Israel this week. Thousands of people took to the streets yesterday on the occasion of the Day of the Unemployed. They were protesting the legal government's overhaul of the justice system in their country.
In India, there is a mass hunt for the leader of the Sikh separatists, who called for the creation of a new independent homeland. Indian police have called Amritpal Singh and his accomplices a "threat to national security".
Somalia is one of the poorest countries in the world. It was destroyed by years of war and decades of political instability. Now another drought awaits. Drought in Somalia killed 43,000 people last year, according to a new report. Authorities estimate that half of them are children under the age of 5.
Arthur Delaneyof HuffPost , Megan Scully of Bloomberg News and Benji Serlinof Semaphore take us through the week's top national headlines.
Bloomberg'sKatrina Manson , Al-Monitor'sJoyce Karam and Foreign Policy'sJennifer Williams joined the international roundup.
What do you like to hear? Find more of our programsonline .
To subscribe to this weekly newsletter, visitnewsobserver.com/newsletters.
Happy Friday! Daniel is here again. Tired of hearing that former President Donald Trump could be impeached any day now? And so are we.
D.C. reporters have been on high alert all week to cover the resolution, which Trump has promised to pass on Tuesday. And still…
We are still waiting.
The preface is written:
His supporters are calling for protests around the Manhattan courthouse and the US Capitol guardhouse.
And when a decision is made, our fingers are waiting to type whatever answer we want.
I mentioned we are still waiting.
Now, if you're one of the lucky few who don't know what I'm talking about, you should know that last Saturday, Trump announced that he was going to be arrested on charges of paying a porn star. Keeping quiet about your 2006 efforts in the 2016 election year.
I give it to Trump. He knows it makes us all stop, look and talk.
The news completely ignored the conference of Republican lawmakers in Orlando, Florida, and for days Trump was the only one who spoke.
Some of the speeches are unwelcome to lawmakers.
House Speaker Kevin McCarthy , R-Calif., tweeted:
McCarthy added that he has directed the appropriate committees to investigate whether federal funds are being used "to undermine our democracy through politically motivated interference in elections."
Richard Hudson responded by saying he agreed with McCarthy and that it was disgusting.
"This out-of-control Soros-backed prosecutor is focused on ridiculous, politically motivated prosecutions instead of fighting the crime wave in his city." Hudson tweeted:
Hudson is the chairman of the Republican National Congressional Committee and lives in Southern Pines. If you're not one of his constituents, and he knows it, he was the one who silenced his colleague, Matt Goetz , so he wouldn't derail his representative during January's tough 4th House election. It was all over the news.
Other lawmakers were bombarded with questions from reporters as they held press conferences or walked the halls of the Capitol building. (Sorry senators)
He turned to R. Jeff Jackson , Democrat of Charlotte, on Fox News Live.
Asked about Trump's possible impeachment as a former prosecutor, Jackson was asked what members of Congress were saying about Trump's impeachment.
"It seems like a long time ago," Jackson said. "Everyone deserves their day in court and that no one is above the law."
It happened again when Sen. Ted Budd, R-Davie County, exited the subway between the Russell Building and the U.S. Capitol. Bud told me to have the press secretary make a statement about Trump.
"As charges have not yet been filed, Senator Budd has no further comment, but is deeply concerned about the highly partisan nature of Mr. Bragg's trial," said Budd spokesman Curtis Kalin .
Republican Sen. Tom Tillis of Huntersville arrived minutes later at the U.S. Capitol on another subway from the Dirkson Building.
Tillis said: "We in Congress should be above the mainstream, but why now?" I think it is fair to ask this question.
District Attorney Alvin Bragg decided not to file charges against Trump, and Tillis wondered why Bragg, who takes office in 2022, waited until now.
"The reality can change, but at the same time, if a person appreciates the reality and it is a different attitude, was there a political motivation?" Tillis asked.
Tillis said the evidence suggests the district attorney either had new information that led to an indictment or was politically motivated.
So…
… we are waiting.
More stories from the team this week
Don Baumgartner Vaughan It's my favorite time of year. The House of National Assembly plans to release its budget next week. He tells her what to expect.
State Auditor Beth Wood pleaded guilty to the attack on Thursday. And this week two men will be charged for the tree cutting accident. Avi Bajpai tells you more about Wood's statement and the new allegations.
The Trump trial is similar to the John Edwards trial. You were not alone. I'll look into the deals.
North Carolina House Republicans have approved restrictions on racism and sexism teaching. Keung Hui explains what this means and the chances of the bill becoming law.
A Raleigh Christmas parade driver has been charged with manslaughter after killing a 9-year-old girl. Jessica Banov and Colin Hammond explain why.
Thanks for reading. See you next week. In the meantime, follow our stories, tweets and the Under the Dome podcast for the latest.
—Daniel Battaglia,News & Observer reporter . Email me at [email protected].
North Carolina vs. Georgetown. 1982 National Championship | Full game
NATIONAL HARBOR, Md. – Steve Bannon, former top adviser to Donald Trump, launched a flurry of attacks on the Fox News Channel and its boss Rupert Murdoch on Friday – in a sign of rising tensions between the former president's political network and Murdoch's conservative media empire . .
“Donald J. They have been underestimating Trump for a long time.
“Murder, you guessed it, Trump wouldn't be president,” Bannon added, ending his diatribe. "Well, we thought you wouldn't have a net. Because we were going to fight you every step of the way."
Australian-born Bannon called Murdoch and his family "a bunch of outsiders" and called hedge fund CEO Ken Griffin and Senate leader Mitch McConnell enemies of the Make America Great Again movement.
The biggest problems arose when Trump and his allies criticized Fox News for its coverage of the 2020 election and the January 6 attack on the Capitol.
Meanwhile, the Murdoch-owned cable network News Corp. and other media properties have featured Florida Gov. Ron DeSantis — Trump's biggest challenger for the 2024 GOP presidential nomination, according to polls — in recent coverage . As part of his ongoing writing tour, DeSantis sat down for interviews with the New York Post and the Times of London, both owned by Murdoch, as well as Laura Ingraham, Mark Levine, Jesse Waters and a Fox News anchor. DeSants' memoir Fox & Friends is published by Murdoch's HarperCollins.
“Brother Murdoch, while you're at it, no more low-key anti-Trump interviews,” Bannon said on Friday.
A Fox News spokesperson did not immediately respond to a request for comment. Fox Nation, the streaming platform, has sponsored and broadcast CPAC events before, but not this year.
Bannon was sentenced to four months in prison in October after being found guilty of two counts of contempt of Congress for refusing to accept a subpoena from the House Select Committee investigating the January 6 attacks. This sentence was postponed because he appealed his sentence.
Bannon's comments come just days after Dominion Voting Systems released court documents in a $1.6 billion defamation lawsuit against Fox News and its parent company, Fox Corp. The documents reveal several private communications between Fox News hosts and executives after the 2020 election, when they didn't believe the president's fraudulent claims and allowed them to go on the air. Dominion is suing Fox for publishing allegedly unsubstantiated allegations by Trump allies.
Murdoch has seen little evidence to support Trump's allegations and has called some of them "delinquent and harmful." In an email, he suggested that Trump might be a "sick loser." Murdoch also admitted in his testimony that some Fox News anchors, including Jeanine Pirro, Lou Dobbs and Maria Patiromo, have done more than provide a forum for baseless allegations of voter fraud. Murdoch said in an email after the Capitol attack on January 6 of this year that Fox News wants to "dehumanize Trump" and that it is "moving as quickly as possible."
“We have to lead our audience… It's not as easy as it sounds,” he explained in the memo.
Fox News defended its coverage, calling Dominion's lawsuit "baseless".
"Read the statement," Bannon said. "They are afraid, contempt and contempt for you."
Bannon criticized the cable network for calling Democrat Joe Biden ahead of the Arizona primary vote on election night in 2020 and for not following the 2024 campaign closely.
“They don't cover it live for 20 minutes,” Bannon said in a November speech about Trump's announcement. Then they say, "If there's something interesting, we'll cut it," and they go to a panel discussion and discussion. Memo to Fox Senior Management: News matters when Donald J. Trump speaks.
Trump belittled Fox News' leadership of the social reality platform last week, saying Murdoch was "throwing an anchor under the table, which kills the problem and pisses the public off, which pisses the public off again." and Murdoch in the "2020 presidential election. Ironically". "La Défense apologizes to its viewers and readers."
Trump said the election was rigged! Reviews of the 2020 election, including manual recounts and risk mitigation audits, confirmed the election results in all swing states, and Trump's efforts to overturn the results have been rejected numerous times by the courts.
“If Rupert Murdoch truly believes that the 2020 presidential election was not rigged or rigged despite overwhelming evidence, then he and his team at MAGA Hating Globalist RINOS need to exit the news industry ASAP. Because they are helping and abetting Destroying America with fake news.” "Some of the most talented and experienced hosts on Fox News really tease and make fun of him. It's wrong. He shouldn't be admired, praised, scolded, and condemned!!!"
This article originally appeared on NBCNews.com
Donald Trump has announced that the Kring NFT Group will participate in the primaries
Top Democrats sent a scathing letter to Fox. Hear from one of them
OTHER:
"We'll let you know. It's up to you."
That's the old Fox News phrase. But testimony and private messages released in recent weeks have shown that even Rupert Murdoch doesn't view Fox News as a real news organization.
The revelations are part of several lawsuits filed by Dominion Voting Systems in a $1.6 billion defamation suit against the right-wing talk network, revealing multiple instances in which the Fox Corporation chairman boldly instructed network executives to help Republicans.
A version of this article first appeared in Trusted Sources Newsletter.Sign up here to receive daily summaries showing the evolving media landscape.
Taken together, the statement suggests Murdoch views Fox News more as an extension of the Republican Party than a credible news organization whose mission is to inform viewers and empower them to make their own decisions.
Legal documents abound with examples of Murdoch tipping the scales.
► Murdoch gave Jared Kushner "confidential information" about then-candidate Joe Biden's 2020 ad "along with debate strategy," according to a filing, offering Donald Trump's son-in-law "a preview of the Biden ad before it goes live." .
► Murdoch asked Fox News CEO Susan Scott to tell Sean Hannity "something to support" Republican Sen. Lindsey Graham ahead of the 2020 election. Murdoch explained. "We can't lose the Senate if we can."
► After Trump's defeat, Murdoch told Scott to "focus on Georgia" because the state is holding a high-stakes special election that will decide the balance of power in the U.S. Senate, telling him to "Please help in any way you can."
► When Trump asked for help defeating West Virginia Republican Senate candidate Don Blankenship, Murdoch told Scott and Fox News President Jay Wallace: can save the day. ".
► When New York Post editor Colonel Allan told Murdoch that Biden's only hope of winning the election was to "stay in his basement and not face the big questions," Murdoch replied: "The topic will spread.
Individually, any of these actions would be considered a major scandal in today's news organization. An investigation will be conducted and possible disciplinary action will be taken. But Fox News doesn't. This is almost certainly due to management not treating the channels as they advertise them to viewers and advertisers.
And Murdoch isn't the only person in management who doesn't seem to think Fox News is an honest news organization (which, frankly, it isn't). In the Dominion document, former House Speaker turned Fox Corporation board member Paul Ryan wrote to the Murdochs: "The sooner we can stifle the reactions of the lie on our side, the sooner we will have a principled loyal opposition."
Notice the words Ryan used. "loyal opposition". This is what Ryan thinks Fox News should be at its best.
Critics have long accused Fox News of "opposing" Democratic officials and candidates. Honest observers have long known this to be true. It's surprising to hear a Fox executive like Ryan open up about the company's core behind the scenes.
Fox News has accused Dominion of making "cherry" statements that unfairly denigrate the network. But it is difficult to understand how and under what circumstances this note will suit the owner of the network.
For more CNN news and newsletters, create an account at CNN.com.
Trump won't like the Fox News executive email leak
Activists say the Woodside climate report is false
Along with its earnings call (ka-ching), energy giant Woodside also released its annual climate statement, whether it's a drilling company or a fossil fuel company.
At last year's AGM, shareholders came closest to rejecting the company's 2021 climate report, with just 51% accepting it. This year's report is expected to be re-listed at the AGM and dismissed as a "failure" by Greenpeace , market forces and the Australian Center for Corporate Responsibility .
The company says:
Woodside is committed to growing in the energy transition by creating a low-cost, low-carbon, profitable, sustainable and diversified portfolio.
(“Low-carbon,” according to Woodside, is based on comparisons with “historical and/or current arrangements”).
Despite this, the company will reduce greenhouse gas emissions by 15% by 2025 and 30% by 2030. The company has committed $5 billion in targeted investments in new low-carbon energy products and services by 2030 to offset fossil fuel emissions.
Glenn Walker,Greenpeace Australia's head of defense and strategy in the Pacific, said that despite setting an "ambitious" zero target for 2050, Woodside had made no progress on plans to cut emissions.
walker said:
Woodside's climate report is a school assignment, essentially a review of last year's plan, that shows the company has no real commitment to reducing emissions.
Woodside is playing farm-house on an imaginary future increase in gas consumption, and this is in line with the model of credible energy analysts such as the International Energy Agency.
One of the company's planned projects is the Burp Hub gas project, led by Woodside, which will emit more than 6 billion tonnes of CO2 equivalent (or about 12 times Australia's national emissions).
Will van de Paul,interim chief executive officer of Market Forces, said Woodside's plans "are not compatible with zero emissions by 2050".
"Woodside is pursuing a strategy that undermines climate action by paying large bonuses to executives to ramp up oil and gas production and develop new oil and gas projects," Van de Pool said, adding that market urges investors to "save capital". choose solutions. , voted against the company's compensation report and rejected candidates for re-election at the company's general meeting in April.
ACCR lead analyst Alex Hillman said fossil fuel companies like Woodside could see "big gains" in 2022, but those gains could be "short-lived" as energy markets accelerate the transition to renewable. .
hillmann said:
Today, Woodside remains attached to its ambitious 2021 climate plan, calling it a "consensus strategy."
Major investors confirmed that despite the company's overreliance on shareholders, Woodside plans to use the offsets to meet 100% of its 100% reduction goal.
Woodside executives are paying attention to the climate threat and it's time to call.
April will apparently be an opportunity to do bookkeeping.
CBC News: National | Putin's threat to Ukraine, food prices, Roald Dahl
OTTAWA (Reuters) – Canadian Prime Minister Justin Trudeau said on Friday that Google's blocking of news content was a "huge mistake" for Alphabet Inc in the face of a government bill that would force the tech giant to pay Canadian publishers for news content.
This week, Google said it was testing a news block for some Canadian users in response to the Trudeau government's "Online News Act," which is about to become law.
Speaking to reporters in Toronto, Trudeau said the suppression of the news in Canada is something he "loves."
“I am very surprised that Google decided to block Canadians from accessing the news instead of paying journalists for their work.
"I think this is a big mistake and I know Canadians expect journalists to be well paid for their work."
Google did not immediately respond to a request for comment.
The "Online News Act," introduced by Trudeau's liberal government last year, lays down rules for platforms like Facebook and Google Meta to conduct business and pay news publishers.
Facebook has raised concerns about the law and warned that it may be forced to stop sharing news on its platform.
The law was passed by Canada's House of Commons in December and is currently in the unelected upper house of parliament, which rarely blocks laws passed by the lower house.
The rules are meant to help Canada's news industry, which is calling for regulation of tech companies, citing mounting financial losses as Facebook and Google grab more market share of online advertising revenue.
Ottawa's proposal is similar to a landmark Australian law passed in 2021 that prompted Google and Facebook to threaten to shut down their services. After both proposed some changes to the law, they finally signed agreements with Australian media companies.
According to the suit, Donald Trump tried to contact Fox News when a riot broke out at the Capitol.
The station refused to broadcast it, considering it "irresponsible".
The lawsuit forms part of a defamation lawsuit that Dominion Voting Systems has brought against the network.
Donald Trump tried to call Fox News on January 6, 2021, as his supporters stormed the Capitol, but the network refused to air it, according to a new lawsuit.
The filing, quoting Fox Business Network president Lauren Peterson, said that network executives felt the broadcast was "irresponsible" and that it "could negatively affect a large number of people."
The revelations were made Thursday in a 200-page filing by attorneys for Dominion Voting Systems in a defamation lawsuit against the network.
A source told CNN that the House committee investigating the Jan. 6 attacks was unaware that Trump had called Lou Dobbs Business Network.
Dobbs' show, in which he frequently promoted conspiracy theories about voter fraud, was canceled after weeks of rioting.
“On the afternoon of January 6, following the attack on the Capitol, then-President Trump called The Lou Dobbs Show to try to get it on the air,” Dominion attorneys wrote in a statement. “But the Fox management rejected the decision. Why? Not for lack of media value.” 6 January is a historic event in all respects.President Trump was not just a sitting president, he was a key figure at the time.
Lawyers say the network is not broadcasting Trump because it is irresponsible and could negatively affect people, but that hasn't stopped them from promoting conspiracy theories that voting technology companies helped rig the 2020 presidential election.
"Not only have these allegations caused serious harm to Dominion and its partners, but they are based on verifiable falsehoods and will be reported by an accurate and impartial report," the statement said.
Dominion's lawsuit, which seeks $1.6 billion in damages, alleges that the chain chose to publish allegations of voter fraud to serve its business interests, and as a result, Dominion was defamed and its employees subjected to harassment and death threats.
Fox News defended itself by claiming that it had fairly reported the major news reported by the current President of the United States about widespread voter fraud.
"Dominion's motion for summary judgment takes an extreme and baseless view of libel law and is based on finding facts that have no basis in records," a Fox News spokesperson previously told Insider about Thursday's court order.
“Dominion misrepresented notes, deleted selected quotes, removed key context, and spilled a lot of ink on irrelevant facts based on principles of libel law.”
The lengthy court filing also cited text messages between the anchor and Fox News executives in which they privately mocked voter fraud conspiracy theories supporting Trump, even though they continued to air them.
Read the original article on Business Insider
Ivanka spent hours cajoling Trump into calling troublemakers, a new book claims
U.S. stocks fell on Thursday morning as bond yields rose and bitcoin rallied as investors scrutinized warmer-than-expected economic data and rhetoric from the Federal Reserve.
In the afternoon, the S&P 500 (^GSPC) and the Dow Jones Industrial Average (^DJI) fell 0.53%. The Nasdaq Technology Index ( ^IXIC ) fell 0.57%.
Bitcoin (BTC-USD) rose to a new six-month high as tough regulatory measures continue to shake up the cryptocurrency space. As of Thursday morning, the estimate is $25,000.
The yield on the 10-year US Treasury rose to 3.843% on Thursday morning. The dollar index rose by 0.1% to 104.03 dollars. Energy was little changed on Thursday morning, with WTI prices at $78.65 a barrel.
Investors took in new economic data on Thursday, led by January's producer price index (PPI). Wesen-PPI recorded a monthly gain of 0.7%, higher than the 0.4% expected by economists.
Also on the macro front, the number of Americans filing new job applications fell to 194,000 in the week ended Feb. 11, the Labor Department said on Thursday, below the 200,000 economists expected.
Cleveland Federal Reserve Bank President Loretta Mester also made headlines on Thursday when she said she was ready to raise interest rates by 0.50%, more than her peers voted for at the last monetary policy meeting.
Stocks rose on Wednesday as economic data continued to show the economy remains resilient to higher rates and flat inflation.
The Commerce Department said Wednesday that retail sales rose 3% in January, reversing two consecutive monthly declines. Coupled with higher-than-expected consumer prices on Tuesday, investors are concerned that the Federal Reserve may continue to raise interest rates, weighing on stocks this week.
"Strong job gains and changes in disposable income levels in the new year also contributed to an increase in spending in January," Bank of America economist Aditya Bhav wrote in a note after the statement.
JPMorgan economists raised their first-quarter GDP forecast to 2% from 1% on the news, noting that the acceleration in retail sales is contributing to "Goldilocks' vision of inflation-free growth."
Meanwhile, the Congressional Budget Office warned Wednesday that the Treasury Department's ability to continue paying the government's bills will be exhausted by the summer unless lawmakers reach a deal to raise the debt ceiling.
The Commerce Department said builders continued to slow homebuilding in January as the pace of homebuilding fell to 1.309 million for the year from 1.356 million. Building permits fell 0.1% to an annual rate of 1.34 million, below consensus expectations of 1.35 million.
wrote Robert Fricke, corporate economist at Navy Federal Credit Union. In a statement after the launch.
Separately, Redfin (RDFN), DoorDash (DASH) and Dropbox (DBX) are set to report quarterly results after hours on Thursday.
In separate stock moves, shares of Paramount ( PARA ) fell 6% Thursday morning after the media giant reported a loss in net income. Revenue was $8.13 billion, versus expectations of $8.17 billion. Subscriber growth also took a hit, coming in at 9.9 million in the quarter versus the 10 million analysts expected.
Shares of Shopify ( SHOP ) fell on Thursday after the e-commerce company reported fourth-quarter revenue of $1.73 billion, versus estimates of $1.65 billion. Adjusted earnings per share of $0.07 beat estimates of $0.02. The Ottawa-based company expects first-quarter revenue to come in slightly below expectations.
Shares of Roku ( ROKU ) rose Thursday morning after the company reported net income of $867.1 million, beating expectations of $804.5 million. The loss of $1.70 per share in the fourth quarter was slightly below analysts' expectations of $1.74.
Shares of Cisco ( CSCO ) rose 4% after the company raised its third-quarter revenue forecast to 11-13% more than a year ago, beating analysts' expectations.
–
Danny Romero, Yahoo Finance Correspondent. Follow him on Twitter@daniromerotv
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/cloudfront-us-east-2.images.arcpublishing.com/reuters/SH6RJ5BLNVMP7FKMGHJTXDZW4A.jpg "Prime Minister Trudeau called Google's decision to block news in Canada a \"terrible mistake\".")
