(Bloomberg) — Alphabet Inc. and Facebook Inc. tumbled on Monday, leading a broad move lower in internet stocks after Citigroup Inc. warned about the outlook for digital advertising, a key source of revenue for the sector. The firm downgraded both names to neutral from buy, writing that “caution is in order” for companies that derive revenue from digital advertising. While ad budgets are expected to continue shifting online, growth is likely to decelerate, and “historically, that… Source link

Goldman Sachs thinks the surprisingly lackluster April jobs report could be partially explained on the generosity of Uncle Sam.  “We see two partial explanations for the payrolls disappointment. First, reopening effects likely overlapped with normal seasonal hiring patterns, resulting in less-impressive job gains on a seasonally-adjusted basis. Second, labor supply appears to be tighter than the unemployment rate suggests, likely reflecting the impact of unusually generous unemployment… Source link

While I typically write articles giving micro-level advice on which players to add via trade or free agency, I have lately been dabbling in process-related pieces. This is another in that series, which includes recent pieces on how I evaluate hitters and pitchers. For this article, I’m going to cover a typical 24 hour-span and how I manage my teams. Most of my teams are in leagues with weekly roster transactions. The exception is the Yahoo Friends & Family league, which has constant waivers… Source link

Mary Daly, president of the Federal Reserve Bank of San Francisco, spoke with Yahoo Finance to discuss the weaker-than-expected April 2021 jobs report and where Fed policy is headed next. Below is a transcript of her appearance on May 10, 2021. – BRIAN CHEUNG: President Daly, I wanted to kick off this conversation with just that jobs report covering the month of April that everyone was watching. It feels like it really missed expectations across the board. From your perspective, what were your… Source link

Verizon, like every other company must continually find new pathways for growth going forward. That’s why several years ago they acquired both AOL and Yahoo. I never saw the benefit and thought it was a big mistake. Now, several years later, apparently Verizon CEO Hans Vestberg agrees. Verizon is selling AOL and Yahoo for about half what it paid. They are selling to the owner of the Venetian casino in Las Vegas. Not sure what they see with this purchase, but at least… Source link

In addition to confirming the upcoming Pixel 2021 smartphones, a Google employee also addressed the existence of the GS101 Whitechapel chipset. Thanks to a recent code update in the Android Open Source Project (aka AOSP), a Google employee has made it all but certain that this year’s Pixel 6 will ship with custom Google silicon. While this latest update doesn’t provide any new details on how Google’s first smartphone chip will work, it does serve as the… Source link

Jeff and Lauren Sanchez (inset) and the Black Pearl (AFP via Getty Images and OceanCo) Jeff Bezos, the billionaire founder of Amazon, is finally set to join the gilded ranks of the haves and have-yachts. The world’s richest man has been named as the soon-to-be proud owner of one of the most expensive and extravagant superyachts ever built. At 127metres (420ft) the craft – known only by its project name Y721 – will be as long as the Great Pyramid at Giza is tall, and loaded with… Source link

Welcome to TNW Basics, a collection of tips, guides, and advice on how to easily get the most out of your gadgets, apps, and other stuff. In our Holy Sheet article series, we’re exploring all the things you can do with Google Sheets aside from simple number crunching, from tracking your stocks to scraping contact details from websites. Today, we have a welcome surprise for all the news junkies among the Google Sheets nerds. Let’s first start with the basics… Google Sheets has a nifty… Source link

Dylan Bundy deserves your patience After getting lit up over the weekend, Bundy sits with an ugly 5.03 ERA. The poor outing came against a Dodgers offense that entered with the second-best wRC+ in baseball, and the game featured a whopping 25 runs scored. Bundy still has a 1.14 WHIP, ranks top-25 in CSW and is in the top 10% of the league in fastball spin rate and Hard Hit%, so you should absolutely add him if he was dropped in your fantasy league. He has a 3.09 expected ERA and has had to… Source link

Five fellows for the 2020-21 Black List and Google Assistant Storytelling Fellowship were announced Monday. The program will provide financial and creative support to five writers in the development and execution of a new original feature film script or TV pilot under the condition that the project tells a contemporary story from the perspective of historically underrepresented communities. Each of the five scribes will be awarded $20,000 (two are part of one writing team and… Source link