The S&P 500 (^GSPC) continues to further its 52-week low point as inflation came in hotter than expected for April. CPI rose by 8.3%, down slightly from March’s 8.5% but still above consensus forecasts. In light of the market trough, however, a recent Bank of America (BAC) Global Research report notes that retail and institutional investors continue to “buy the dip.” “More dip-buying: last week, during which the S&P 500 was -0.2%, [private] clients were net buyers of U.S. equities… Source link

Tennis star Naomi Osaka is taking a page out of Los Angeles Lakers star LeBron James‘ book and starting an agency. Osaka left her previous agency, IMG, with the intention of starting her own agency, called EVOLVE, according to Sportico. The move isn’t unprecedented for athletes, though it’s rare. Kevin Durant, Roger Federer, James and Greg Norman are among the athletes to launch their own agencies and companies. With the move, Osaka will become the “first female athlete at that level to take… Source link

If you’re looking for some NFL drama in the 2022 season, circle Nov. 13 on your calendar. That’s when Mike McCarthy, former Green Bay Packers head coach and current Dallas Cowboys head coach, will face his former quarterback Aaron Rodgers for the first time. Cowboys at Packers in Week 10 is the latest scheduling appetizer released by the NFL, just one day before they’re set to announce the full 2022 schedule. In the ramp up to that announcement, the NFL has released its full international… Source link

Google and OnePlus have each made headlines with their latest flagships, the Pixel 6 Pro and OnePlus 10 Pro. Both offer high-end specs, premium designs, and very similar feature sets. They also both start at $899, pitting them neck-and-neck in the increasingly competitive smartphone market. Because the Pixel 6 Pro and OnePlus 10 Pro seem similar on the surface, comparing the two can be tricky if you want to know which is better suited… Source link

U.S. consumer prices rose at a slightly slower pace in April compared to March, though persistent supply-side disruptions still kept inflation near its highest level in 40 years. And core consumer prices rose more than anticipated even while decelerating compared to March, suggesting underlying inflationary trends across the economy remained hot. The Bureau of Labor Statistics’ April Consumer Price Index (CPI) rose 8.3% in April over last year, coming down from March’s 8.5% advance. That rise… Source link

Google’s annual developer conference, Google I/O 2022, is virtually set to kick off today. The conference is a hub for developers looking to network, but the rest of us are watching to see if Google will unveil new product announcements and major updates. We don’t know exactly what’s going to be announced this year, but we have some good guesses. Some of those guesses include a new Pixel Watch and a midrange Pixel 6A, which could include a new processor and camera sensor and major… Source link

Subscribe Wednesday, May 11, 2022 Today’s newsletter is by Emily McCormick, a reporter for Yahoo Finance. Follow her on Twitter As volatility grips markets, investors are naturally wondering when the selling will abate and the bottom will be put in. According to a number of pundits, the answer is probably not quite yet. Stocks have fallen sharply for the year-to-date and in the past several weeks especially. The S&P 500 has tumbled 16% so far in 2022, and by a slightly more pronounced 16.6% from… Source link

CNN  —  Today, it can feel like the sum of all human knowledge is only an internet search away. But until recently, some of the most important evidence of one of Africa’s most vibrant medieval cities was absent from the web. Located in the West African nation of Mali, the name Timbuktu has come to embody the idea of a distant place, but this city was once famed as a center of learning, religion… Source link

Google’s developer conference Google I/O is back, which means that the company has a few things to announce. During the opening keynote, Google is expected to unveil new hardware products, new software updates and new features for Google’s ecosystem. The conference starts at 10 AM Pacific Time (1 PM on the East Cost, 6 PM in London, 7 PM in Paris) and you can watch the livestream right here on this page. Rumor has it that… Source link

Grom Social Enterprises (NASDAQ:GROM – Get Rating) and Yandex (NASDAQ:YNDX – Get Rating) are both computer and technology companies, but which is the better stock? We will compare the two businesses based on the strength of their earnings, dividends, risk, profitability, institutional ownership, valuation and analyst recommendations. Valuation & Earnings This table compares Grom Social Enterprises and Yandex’s top-line revenue, earnings per share (EPS) and… Source link