Brooklyn Nets star Kevin Durant is expected to miss his second straight All-Star Game as he recovers from an MCL sprain, league sources told Yahoo Sports’ Chris Haynes as he relayed on TNT Tuesday night. Durant is out with an MCL sprain in his left knee after sustaining the injury Jan. 15. Durant was injured after teammate Bruce Brown fell backward into him after colliding with New Orleans Pelicans center Herbert Jones. Durant tried to continue, but eventually was ruled out for the… Source link

It was a banner spell for NBA referees over the past week, who decided to dish out their version of law and order. First, it was No. 1 pick Cade Cunningham getting tossed after a highlight dunk and a point to his team’s bench as if to say, “Told y’all so.” Then a few days later, Jimmy Butler got rang up twice after unleashing on one official following an and-one, likely after a missed call on the previous end. Butler earned one technical for sure, but the second was called by a trail… Source link

The Google logo is pictured at the entrance to the Google offices in London, Britain January 18, 2019. REUTERS/Hannah McKay/File Photo Jan 25 (Reuters) – Alphabet Inc’s Google (GOOGL.O) is slated to hire 200 engineers in Brazil this year, as it seeks to bolster its privacy, security, and anti-abusive content technologies, Berthier Ribeiro-Neto, its director of engineering for Latin America, told Reuters on Tuesday. The 2023 hiring push would double the current number of engineers working in… Source link

Stretched valuations, coupled with the threat of rising interest rates, have landed technology stocks into trouble to start the new year. And although Microsoft (MSFT) on Tuesday bucked a trend of lackluster fourth quarter results, DataTrek Research thinks a couple of factors are sending the popular sector into a downward spiral, which aren’t likely to be offset by encouraging earnings. That could spell bad news for Meta (FB), Google (GOOG), Tesla (TSLA) and Apple (AAPL): the last two report… Source link

January 26, 2022 Yandex has entered into a multiyear renewal agreement with the National Hockey League (NHL) to continue to broadcast all regular season and Stanley Cup Playoffs games in Russia through the 2023-24 season. As part of the deal, Yandex will deliver NHL games live and on-demand as part of its Yandex Plus subscription via the Kinopoisk apps for Smart TV and Android TV. Additionally, fans will have access to game broadcasts, interviews,… Source link

(Bloomberg) — Microsoft Corp. shares rose in late trading, reversing an earlier decline, after the software giant gave a forecast that reassured investors the company’s Azure cloud-computing business still has potential to drive growth. Most Read from Bloomberg Earlier, Microsoft had reported quarterly sales that topped $50 billion for the first time and profit that exceeded analysts’ estimates, fueled by cloud, gaming and Windows software. Still, Azure revenue decelerated from recent… Source link

Longtime Boston Red Sox slugger David Ortiz was the lone former player to hear his name called during Tuesday’s BBWAA Hall of Fame election announcement, rewarding a career that saw a curse broken three times over. In his first year of eligibility, Ortiz received 307 out of 397 votes (77.9 percent), putting him over the required 75 percent threshold. Here’s video of him finding out he had been elected, with Hall of Fame teammate Pedro Martinez by his side: Ortiz’s Hall of Fame case was simple…. Source link

Stock futures opened lower Tuesday evening after another volatile session on Wall Street, as investors looked to the Federal Reserve’s latest monetary policy meeting and press conference to remove some uncertainty on the outlook for monetary policy.  Contracts on the S&P 500 sank. The index closed lower for a fifth time in six sessions on Tuesday, in a session which saw stocks rebound off their lows but fail to break into positive territory, as had been the case during Monday’s rollercoaster… Source link

The new year has been upon us for less than a month, but the Great Crypto Crash of 2022 has already caused a lot of investors pain. The risk aversion dogging Wall Street has infected cryptocurrencies, resulting in a dramatic sell-off in digital coins that yanked Bitcoin (BTC-USD) below $34,000. While the token recouped some of those losses, most analysts think there’s more downside left to probe, especially with crypto’s growing correlation with other risk-on assets. Like stocks, Bitcoin’s… Source link

Microsoft (MSFT) reported its fiscal Q2 earnings after the closing bell on Tuesday, beating analysts’ expectations with its cloud services revenue jumping 46%.  The announcement comes just a week after the Redmond, Washington-based tech giant made headlines with news that it will acquire troubled gaming behemoth Activision Blizzard (ATVI) for $68.7 billion. Here are the most important numbers from the report, compared with what analysts were expecting. Revenue: $51.7 billion versus $50.9… Source link