It seems everybodys favorite buzzword these days is privacy even giants like Google Microsoft and Facebook Companies that basically invented gathering user data say they now also want to protect it i cant remember the last tech conference that didnt mention privacy seriously if i had gotten a euro for each time privacy was said at these events i could retire privacy as a human right. We strongly believe that privacy and security are for everyone not just a few so thats why i believe that the future its private. Big promises but just how credible are these statements considering that Business Models are built around earning money with user data i know that we dont exactly have the strongest reputation on privacy right now to put it like he is right you know. Any credence i still ahead of other Companies Data protection promises was he raised by reason privacy scandals so how does tracking work and what role do cookies play. Whenever you visit a new website its highly likely youll be ask
A human right. We strongly believe that privacy and security are for everyone not just a few so thats why i believe that the future is private big promises but just how credible are these statements considering that Business Models are built around earning money with user data i know that we dont exactly have the strongest reputation on privacy right now to put it lightly hes right you know. And the creedence are still ahead of other Companies Data protection promises wasnt raised by reason privacy scandals so how does tracking work and what role do cookies play. Whenever you visit a new website its highly likely youll be asked to accept cookies cookies or small text files that are placed on a users device they contain information such as the user name entered for the language a website was accessed and. Its important to distinguish between 1st Party Cookies and 3rd Party Cookies. First Party Cookies are placed by the website being visited they can only be read by that domains owners a
Getting too frothy for my taste. Now, what does frothy really mean beyond some sort of pejorative connotation involving overenthusiasm s p backs 77 and nasdaq declined. 34 a market that likes. When you get a game stop situation, a bunch of home gamers join forces to push up stocks, things get really frothy very fast. The stock went from 4 to 400 before falling off a cliff again. If you want to spot froth, keep an eye on the soaring stocks and figure out if theres anything real behind this boost or if theyre phoney before we get too negative, maybe it would pay to do a little investigating maybe not everything is frothy maybe some stocks actually deserve to trade higher. Hey, can you imagine maybe many do. I got to, lets do this. Which actually have substance. So we can draw conclusions about how dangerous this moment really is quantumscape, up 66 . This is a Battery Technology company geared toward electric vehicles given there was no other news, this one feels ridiculous to me. Theyve
The day with the s p 500 up 1. 3 , building on the gains from yesterday. Biotech and Technology Stocks bouncing back with ten of the 11 s p sectors trading in positive territory. And lets draw your attention to spotify, up a whopping 16 , highest level since march of 2021 on the back of its earnings beat also, check out jetblue, sinking after reporting worse than expected revenue. On the other hand, aviation engineer making air owe maker ge autos, gm up beating on earnings well take a technical look at that name further ahead. Another name, that would be tesla reporting after the bell that name along with other big tech stocks become the target of short sellers. For that we turn to kate rooney. Hi, kate. Hi, tyler the bears are betting against big techs short sellers and the magnificent seven, weekly profit of 10 billion that was an alltime high during that nasdaq selloff the tech giants mostly report this week and they are the most shorted stocks in the u. S. Markets. Thats according
Dollaryen down the 4 10 of 1 . Bitcoin, we were talking 8000, now at 7800. What are we going to make a bitcoin, guys . Its on my board. We will answer the question in these three hours. [laughter] butn i think markets think markets like narratives. They cant build one around bitcoin. Usually theres a story to go with it. With bitcoin, theres no story. Likeu happen to have cabdrivers. Its like gold, bitcoin or gold. David moving away from religion, we will go on with dutch whats inside the business world. Good morning, taylor. The swedish Prime Minister is asking the United Kingdom to clarify how much it will pay the European Union as part of its financial settlement on leaving the block. Heaking at an eu summit, and also raised doubts about whether talks will be able to move on to future relations and trade in december as hoped. Zimbabwe president has made his first public appearance since the military takeover earlier this week. The president appeared at a University Graduation on the