By Dhirendra Tripathi Investing.com – SoFi Technologies stock (NASDAQ:SOFI) slumped 14% Friday after a second quarter loss that was wider than expected. The fintech reiterated its 2021 outlook. For the full-year, it forecasts adjusted net revenue of $980 million and adjusted earnings before interest, taxes, depreciation and amortization of $27 million. The company has already logged $453.25 million in revenue in the first six months of the year. Its second-quarter adjusted net revenue jumped… Source link

“Doodle Champion Island Games,” which was not officially commissioned by the International Olympic Committee, features seven sports, including skateboarding, archery, the marathon, rock climbing and more. You play a calico cat athlete, or “cathlete,” in the game’s parlance. Google lets players pick a team, either red, blue, yellow or green, and submit high scores by competing in these virtual sports to raise the team’s standing on the global leader boards. Source link

The stock market continues to ignore worsening headlines on the COVID-19 Delta variant front and climb to fresh records.  But given a shift in tone lately from corporate America, perhaps investors should be on high alert. Companies that had been bullish on the economic recovery from the depths of the pandemic are becoming increasingly cautious as the variant spreads. Here are three household names that have recently warned of a financial impact from the COVID-19 Delta variant. Investors may… Source link

Yandex’s (NASDAQ:YNDX) stock is up by 6.7% over the past three months. We wonder if and what role the company’s financials play in that price change as a company’s long-term fundamentals usually dictate market outcomes. Particularly, we will be paying attention to Yandex’s ROE today. Return on equity or ROE is an important factor to be considered by a shareholder because it tells them how effectively their capital is being reinvested. In simpler terms, it measures the… Source link

Google recently announced a slew of new smart home security products, including a $180 battery-powered doorbell called the Nest Doorbell… Source link

In the beginning, it took a very specialized pitch to connect Android and Google. Dan Sandler Androids: The team that built the Android operating system is a new book from longtime Android engineer Chet Haase. Haase has been on the Android team since 2010, and he interviewed dozens of Googlers for this book, which offers a behind-the-scenes look at early Android development. With Haase’s permission, we’re giving readers a look at chapters four… Source link

Marijuana advocates have been stacking victories over the last few years at the state level with nearly 20 U.S. states having now approved adult recreational marijuana use. But even as momentous as those changes have been, reform at the federal level has proved elusive — until now, if you trust the confidence coming from the leaders of America’s largest cannabis companies. This week, Trulieve CEO Kim Rivers and Curaleaf Executive Chair Boris Jordan both wagered on Yahoo Finance Live that the… Source link

The Apple Inc logo is seen at the entrance to the Apple store in Brussels, Belgium July 2, 2021. REUTERS/Yves Herman WASHINGTON, Aug 13 (Reuters) – A Republican and a Democratic member of the U.S. House of Representatives introduced a bill aimed at reining in powerful app stores run by companies like Apple Inc (AAPL.O) and Alphabet Inc’s Google (GOOGL.O). The bill is a companion to a measure introduced this week by a bipartisan trio of senators which would bar big app stores from requiring app… Source link

(Bloomberg) — A Covid outbreak that has partially shut one of the world’s busiest container ports is heightening concerns that the rapid spread of the delta variant will lead to a repeat of last year’s shipping nightmares. The Port of Los Angeles, which saw its volumes dip because of a June Covid outbreak at the Yantian port in China, is bracing for another potential decline because of the latest shutdown at the Ningbo-Zhoushan port in China, a spokesman said. Anton Posner, chief… Source link

There’s no end in sight for Jaromir Jagr’s professional hockey career. (Photo by Alexander ShcherbakTASS via Getty Images) Former NHL player Jaromir Jagr has decided that he will continue to play for Kladno in the Czech Extraliga even as he nears his 50th birthday. Jagr will be turning 50 in February 2022, but he said that people are still expecting him to play — and to play well. “It’s not easy anymore, believe me,” Jagr said Wednesday to The Hockey News. “…mostly during my career,… Source link