The median U.S. home price just passed $400,000 for the first time ever, according to data from the St. Louis Federal Reserve. In the third quarter the median home price hit $404,700, jumping nearly 20% since third quarter of 2020, when the median sales price was $358,700. Though it’s an eye-catching number, the market has been hot of late, and a lack of inventory and high demand means foretold the rise in home prices. According to a recent note from Goldman Sachs, home prices could rise… Source link

[unable to retrieve full-text content]Yandex N.V. (YNDX) CEO Tigran Khudaverdyan on Q3 2021 Results – Earnings Call Transcript  Seeking Alpha Source link

FFacebook CEO Mark Zuckerberg. (AP Photo/Andrew Harnik, File) This article was first featured in Yahoo Finance Tech, a weekly newsletter highlighting our original content on the industry. Get it sent directly to your inbox every Wednesday by 4 p.m. ET. Subscribe Wednesday, October 27, 2021 Without younger users, Facebook could be in big trouble Former Facebook (FB) employee Frances Haugen fired up lawmakers, parents, and likely many others by leaking a trove of seemingly damning internal company… Source link

A Google Cloud logo outside the Google Cloud computing unit’s headquarters at the Moffett Place office complex in Sunnyvale, California, U.S., June 19, 2019. REUTERS/Paresh Dave/File Photo Oct 27 (Reuters) – Intel Corp (INTC.O) and Alphabet Inc’s (GOOGL.O) Google Cloud on Wednesday said they have worked together to create a new category of chip that Intel hopes will become a major seller in the booming cloud computing market. The new chip, which is called Mount Evans and will be sold to… Source link

Google today announced a preview of Android 12L, which sounds like a new version of Android, but Google calls it “a special feature drop that makes Android 12 even better on large screens.” The idea here is to provide users on tablets, foldables and Chrome OS laptops — anything with a screen above 600 dp — with an improved user interface. The developer preview of Android 12L is now available for developers who want to give it a try, as well as a new Android 12L emulator and… Source link

Save big on a Google Nest Hello video doorbell. Tyler Lizenby/CNET … Source link

Corvette pusher GM is feeling a bear raid on Wednesday even as execs at the company continue to supremely hype its push to electric vehicles and the profits they believe will rain down on the automaker as a result.  Shares of GM tanked nearly 6% in Wednesday afternoon trading in the wake of the company’s third quarter earnings report. Experts told Yahoo Finance there is some disappointment on the Street on how GM’s margins and and market share fared in the quarter, as well as cautious… Source link

Alphabet is still the darling of Wall Street after another blowout quarter from the tech beast Tuesday night.  And one line item continues to standout in particular as a key driver of the bull thesis on the stock: operating margins.  Jefferies analyst Brent Thill points out Alphabet’s operating profit margins hit 39.2% in the third quarter, up for five straight quarters as the company sees strong momentum behind its search business and YouTube premium. The upward slope in margins comes… Source link

Rent the Runway (RENT) started trading above its IPO price on Wednesday before dipping below that level over the course of the session. Shares closed the session down 8% at $19.29 each. The stock had opened at $23 per share after the fashion rental company priced its debut at $21 each, at the top of its marketed range.  The company raised $357 million in the public offering. Rent the Runway offers subscribers “the world’s largest shared closet” of over 18,000 styles by more than 750… Source link

Google is rolling out the ability for kids, teens and their parents to request to have pictures deleted from the company’s image search results. The new privacy option was one of many changes the company announced in August in an effort to preemptively build in additional protections for users under the age of 18. Google’s other planned safeguards included making video uploads private by default, disabling and weed out some “overly commercial” YouTube kids content, including… Source link