A global energy crunch, fueled by tightening coal and gas supply, has already roiled the market and threatened to squeeze customers this winter, as utility bills rise. That may just be the beginning, according to Duke Energy (DUK) CEO Lynn Good, who heads one of the country’s largest energy holding companies. In an interview at Yahoo Finance’s All Markets Summit, Good said she expects the supply and demand imbalance in the energy markets to continue well into 2022, with full rebalancing… Source link

Facebook will report its third quarter earnings after the bell on Monday, as the company grapples with a new avalanche of stories resulting from a whistleblower’s account of how it targets users, and the ripple effect of Apple changing its user data policies. Here’s what analysts are expecting from the company’s Q3 report, as compiled by Bloomberg: Revenue: $29.45 billion expected versus $21.47 billion in Q3 2020 Earnings per share: $3.17 expected versus $2.71 in Q3 2020 Family daily… Source link

The hot demand for investment securities linked to bitcoin does not appear to be moving the U.S. Securities and Exchange Commission’s stance toward other products more directly linked to the cryptocurrency. SEC Chair Gary Gensler said he still has concerns about investor protection in the $2.5 trillion market for crypto assets. “Investors aren’t protected the way they are, whether they go into the stock or bonds markets that we’ve overseen so long,” said Gensler at Yahoo Finance’s… Source link

Using Google ads, candidates can pay to write favorable headlines that show up on Google. Here’s how to spot an ad. WASHINGTON — Political campaigns across the country are spending millions of dollars on Google Ads in an effort to create a positive narrative. In Virginia, both gubernatorial candidates have used the tactic, pouring millions of dollars into the resource.  To better understand how… Source link

Tesla (TSLA) shares jumped for a fourth straight session on Monday, bringing the market capitalization for the electric-vehicle maker above $1 trillion for the first-time ever. The stock closed higher by 12.7% to reach $1,024.86 per share. Tesla’s year-to-date advance came in at nearly 45.2%, with the stock outperforming against the S&P 500’s 21.6% rise over that same period.  With a $1 trillion market capitalization, Tesla joins an exclusive club of mega-cap technology companies with a… Source link

Google’s artificial intelligence and machine-learning algorithms have in the past been criticized for how they deal with darker skin tones, including mistakenly tagging photos of Black people as gorillas. The company apologized and said it would fix its software. Now, it’s using AI to power what it calls “the world’s most inclusive camera.” The goal of the Real Tone image processing in Google’s new Pixel 6 and Pixel 6 Pro smartphones is to “more accurately highlight the nuances… Source link

(Bloomberg) — Hertz Global Holdings Inc., barely four months out of bankruptcy, placed an order for 100,000 Teslas in the first step of an ambitious plan to electrify its rental-car fleet. Tesla Inc.’s shares soared, pushing the automaker’s value past $1 trillion for the first time. Most Read from Bloomberg The cars will be delivered over the next 14 months, and Tesla’s Model 3 sedans will be available to rent at Hertz locations in major U.S. markets and parts of Europe starting in… Source link

LOS ANGELES — The Phoenix Suns were one of the biggest surprise teams of the 2020-21 season. But now with a target on their backs, deriving from a trip to the Finals, they won’t be catching the opposition slipping from here on out. That’s a commonplace challenge of trying to get back to the final round. But the young Suns perhaps could face another unfamiliar challenge this season: keeping envy and discourse away — due to money — from what is widely known to be one of the tightest… Source link

You only get so many Hail Mary passes in consumer electronics. Even among the biggest companies. Take a look a Microsoft’s long-standing mobile phone ambitions. Even a $7.2 billion acquisition of the once-dominant Nokia couldn’t buy the company a place at the table with Apple and Samsung. Some earlier false starts aside, Google’s mobile hardware ambitions have been — on the whole — more successful. But the Pixel line has never had the major hit the company needs to justify the… Source link

For half a decade, Google, the maker of Android, the world’s most widely used phone software, has had a dream to make a best-selling phone that rivals the gold standard, the iPhone. Google’s Pixel phones have consistently received positive reviews but sell tepidly because of a major weakness: They have relied on off-the-shelf parts from other companies. As a result, they have felt sluggish compared with devices made by Apple, which tightly controls the quality of its iPhones by doing… Source link