As one of the larger companies of the consumer discretionary sector, The Coca-Cola Company ( KO ) shares have enjoyed a relative upward trend since the beginning of 2022 as investors appear to be bracing for potential interest rate hikes. Coca-Cola shares currently trade in an above average range based on historical volatility, and option traders appear to be positioned for the stock to rise after the company reports earnings for the fiscal fourth quarter. Analysts expect the company to announce $0.41 in earnings per share (EPS) and $8.93 billion in revenue. Investors will be paying keen attention to how Coca-Cola has managed to navigate ongoing supply chain issues and how rising costs could affect the bottom line. Insiders have recently increased the amount of shares being sold, unloading over 314,000 shares valued at close to $18.6 million over the past 90 days. Investors will be keeping an eye on if the beverage maker can continue to increase sales volume and what, if … [Read more...] about Can Coca-Cola (KO) Keep Up the Trend?
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Today News Africa White House correspondent Simon Ateba hit back at the White House Correspondents Association (WHCA) threatening to suspend or expel him for interrupting Friday’s White House press briefing. Ateba derailed White House press secretary Jen Psaki’s last briefing as he talked over two reporters, including Associated Press reporter Zeke Miller. After one of the reporters confronted the Today Africa News reporter, Psaki stepped in and ordered him to respect the fellow White House reporters. White House Correspondents Association President and CBS News Radio White House correspondent Steven Portnoy addressed Ateba’s interruptions in a Monday email obtained by the Daily Caller threatening to enact their right to suspend him from the briefing room. “Your disruptive behavior at last Friday’s briefing interrupted your colleagues and reflected poorly on the press corps,” he said. “There is no right of any reporter to be called on by any official. Preventing your … [Read more...] about ‘It’s Disgusting’: Reporter Hits Back After WHCA Threatens To Expel Him For Interrupting Psaki’s Last Briefing
- A + A (May 17): Tesla Inc. customers might love the carmakers’ nifty keyless entry system, but one cybersecurity researcher has demonstrated how the same technology could allow thieves to drive off with certain models of the electric vehicles. A hack effective on the Tesla Model 3 and Y cars would allow a thief to unlock a vehicle, start it and speed away, according to Sultan Qasim Khan, principal security consultant at the Manchester, UK-based security firm NCC Group. By redirecting communications between a car owner’s mobile phone, or key fob, and the car, outsiders can fool the entry system into thinking the owner is located physically near the vehicle. The hack, Khan said, isn’t specific to Tesla, though he demonstrated the technique to Bloomberg News on one of its car models. Rather, it’s the result of his tinkering with Tesla’s keyless entry system, which relies on what’s known as a Bluetooth Low Energy (BLE) protocol. There’s no evidence that thieves have … [Read more...] about Hacker shows off a way to unlock Tesla models, start cars
- A + A BENGALURU (May 17): Gold prices were little changed on Tuesday (May 17) as a pullback in the dollar supported demand for greenback-priced bullion and countered pressure from a recovery in US Treasury yields. Spot gold was last up 0.1% at US$1,825.29 (about RM8,022.15) per ounce as of 0218 GMT. US gold futures gained 0.6% to US$1,825.60. The dollar index steadied after falling from near 20-year highs on Monday and the tumbling Chinese yuan found a floor as investors trimmed bets on whether US interest rate hikes will drive further dollar gains. A weaker dollar makes gold more attractive for buyers holding other currencies. However, benchmark US 10-year Treasury yields climbed, limiting demand for non-interest-bearing gold. "Now that we have the much-needed clear-out of gold markets, longer-term holders could start to position for the eventual southbound turn on the US' hard economic data," said Stephen Innes, a managing partner of SPI Asset Management. … [Read more...] about Gold flat as dollar retreat offsets rising US bond yields
Facebook, Google, and Twitter have come under fire for censoring conservative voices Lawmakers are struggling to decide how best to end the practice, if at all Minds.com is a fast growing free speech alternative that emphasizes transparency and privacy Few platforms have challenged the virtual monopolies of Facebook, Google and Twitter, and they have crushed nearly all competitors. But what makes Facebook, Google, and Twitter weak is where challengers see potential. The three tech companies have come under fire for their data collection, privacy, and censorship policies. Together, they control almost the everything users see on the Internet. Almost. In balancing transparency and privacy, blockchain aims to change the way social media operates. No major social media platform utilizes blockchain except Minds. Blockchain works like this: an individual makes a transaction request; that request is processed in a person-to-person network of computers, called “nodes;” nodes … [Read more...] about David Versus Goliath: This Alternative To Facebook And Twitter Aims To Challenge Their Duopoly
Salih Hudayar, the prime minister of the East Turkistan Government in Exile, told The Daily Caller News Foundation that he was framed by a Chinese spy. After being arrested for “terrorism” and interrogated by the FBI in September 2018, Hudayar’s case was suddenly dropped by the state in January 2022 before a Chinese espionage expert could testify that his accuser’s profile was consistent with a Chinese agent. Authorities denied TheDCNF’s Freedom of Information Act request for body worn camera footage showing officers responding to the complainant, but delivered footage showing Hudayar’s interview by the FBI. A prominent Uyghur human rights activist is asking the U.S. Senate to investigate his claim of an ongoing Chinese intelligence operation against him, The Daily Caller News Foundation has learned. Salih Hudayar, the prime minister of the East Turkistan Government in Exile, was arrested for “terrorism” in 2018, according to court filings made by his defense; … [Read more...] about EXCLUSIVE: US-Based Activist Claims A Chinese Agent ‘Weaponized’ The Justice System To Get Him Arrested On Terrorism Charges