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NIO   16.03 (+9.49%)
AMD   98.75 (+6.58%)
CGC   5.55 (+10.34%)
MU   70.60 (+4.02%)
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DIS   105.61 (+2.28%)
AMC   12.23 (+2.95%)
PFE   53.99 (+0.52%)
PYPL   80.42 (+0.37%)
NFLX   191.40 (+1.90%)
QQQ   299.33 (+2.77%)
AAPL   143.78 (+2.32%)
MSFT   265.90 (+1.29%)
FB   191.63 (+4.24%)
GOOGL   2,155.85 (+1.88%)
AMZN   2,221.55 (+4.03%)
TSLA   707.73 (+7.43%)
NVDA   178.51 (+5.16%)
BABA   94.48 (+14.79%)
NIO   16.03 (+9.49%)
AMD   98.75 (+6.58%)
CGC   5.55 (+10.34%)
MU   70.60 (+4.02%)
T   21.32 (+0.09%)
GE   77.01 (+3.33%)
F   13.12 (+3.23%)
DIS   105.61 (+2.28%)
AMC   12.23 (+2.95%)
PFE   53.99 (+0.52%)
PYPL   80.42 (+0.37%)
NFLX   191.40 (+1.90%)
QQQ   299.33 (+2.77%)
AAPL   143.78 (+2.32%)
MSFT   265.90 (+1.29%)
FB   191.63 (+4.24%)
GOOGL   2,155.85 (+1.88%)
AMZN   2,221.55 (+4.03%)
TSLA   707.73 (+7.43%)
NVDA   178.51 (+5.16%)
BABA   94.48 (+14.79%)
NIO   16.03 (+9.49%)
AMD   98.75 (+6.58%)
CGC   5.55 (+10.34%)
MU   70.60 (+4.02%)
T   21.32 (+0.09%)
GE   77.01 (+3.33%)
F   13.12 (+3.23%)
DIS   105.61 (+2.28%)
AMC   12.23 (+2.95%)
PFE   53.99 (+0.52%)
PYPL   80.42 (+0.37%)
NFLX   191.40 (+1.90%)
QQQ   299.33 (+2.77%)
AAPL   143.78 (+2.32%)
MSFT   265.90 (+1.29%)
FB   191.63 (+4.24%)
GOOGL   2,155.85 (+1.88%)
AMZN   2,221.55 (+4.03%)
TSLA   707.73 (+7.43%)
NVDA   178.51 (+5.16%)
BABA   94.48 (+14.79%)
NIO   16.03 (+9.49%)
AMD   98.75 (+6.58%)
CGC   5.55 (+10.34%)
MU   70.60 (+4.02%)
T   21.32 (+0.09%)
GE   77.01 (+3.33%)
F   13.12 (+3.23%)
DIS   105.61 (+2.28%)
AMC   12.23 (+2.95%)
PFE   53.99 (+0.52%)
PYPL   80.42 (+0.37%)
NFLX   191.40 (+1.90%)

DirecTV drops Trump-friendly One America News

Saturday, January 15, 2022 | Frank Bajak, Associated Press

BOSTON (AP) — DirecTV plans to drop One America News Network, significantly shrinking the reach of the right-wing TV channel friendly to Donald Trump and widely criticized for spreading misinformation including the former president’s false claim that he won the 2020 election.

The satellite television provider said Saturday that it has informed OAN’s owner, Herring Networks. Inc., that it will no longer carry its two channels when their contract expires. The other, AWA, is a lifestyle channel. The decision is believed to remove OAN from millions of homes.

“We informed Herring Networks that, following a routine internal review, we do not plan to enter into a new contract when our current agreement expires,” a DirecTV spokesman said in an emailed statement.

The spokesman would not say when the contract expires, but Bloomberg News, which first reported development on Friday, said it expires in early April.

San Diego-based Herring Networks did not immediately respond to an email seeking comment.

Bloomberg said DirecTV is OAN’s largest distributor. On its website, Herring says OAN is carried by Verizon FiOS and several smaller TV providers. It can also be streamed online. Major cable companies including Comcast and Charter do not carry OAN.

AT&T has a 70% stake in DirecTV, which has carried OAN since April 2017 after AT&T settled a lawsuit demanding it carry the channels. Herring Networks had claimed AT&T reneged on an agreement to carry OAN on DirecTV, which it acquired in 2015.

OAN became a darling of Trump during his presidency and has continued to report his claim that the 2020 presidential election was rigged against him – a claim directly contradicted by the facts and exhaustive reporting. It has carried Trump live in post-presidency appearances, its reporters declining to challenge his contrafactual claims.


Trump came to OAN’s defense at a rally Saturday night in Arizona, praising the network — “I love One America News,” he said — and threatening to call for a boycott of DirecTV’s parent company, AT&T.

“This is horrible,” Trump said. “This is a great network. These are great people. I watch it all the time and you really get the truth. And they want to cancel them now because of politics — for purely political reasons. It’s a disgrace what’s going on."

He added, "But I don’t think that people are gonna stand for it” and, noting the company’s founders were in the crowd, said, “Maybe what we should do is not use AT&T.”

Dominion Voting Systems sued OAN and other right-wing broadcasters in August, claiming they damaged the election technology company's business by trumpeting lies spread by Trump adherents that it was complicit in an election-rigging conspiracy.

DirecTV does not provide a breakdown of its subscribers, but AT&T reported that as of the second quarter of 2021 it had a total of 15.4 million paid premium TV subscribers including DirecTV, AT&T U-verse wireline video and the online service AT&T TV.

The paid TV market has been steadily shrinking as more people abandon it for streaming services.

___

Associated Press writer Jill Colvin in Washington contributed to this report.


7 Metaverse Stocks That May Go Out of This World

If you're a bit confused about what the metaverse is, or will be. You're not alone. In fact as recently as November of 2021, many top tech executives, who have plans for the metaverse, struggled to define the metaverse.

One of the best descriptions I've heard is that the metaverse will be the Web 2.0. It will create the ability for participants to interact in an interactive world that combines virtual reality, augmented reality and video. It will be a world where you can visit digital representations of real homes and purchase digital representations of items in the real world.

However, even that seems too simplistic. The way it's described by Meta Platforms CEO Mark Zuckerberg, it will be a world where your avatar can hang out with distant friends and family in a more realistic, albeit still virtual way. I hope it's not just me, but the whole concept leaves me feeling… disconnected. Which I know is strange because the whole point is connection.

However, many tech companies are pumping money into the metaverse, or at least their idea of it. And institutional investors are taking notice. That combination is almost always an indicator of stocks that are on their way higher.

That's the point of this article; to point you to seven companies that are likely to be significant players in the metaverse. And after a significant correction in the tech sector, it may be the perfect time to buy these stocks at a discount.



View the "7 Metaverse Stocks That May Go Out of This World".


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