As an indication of how the stock market has suffered so far this year, the 2022 selloff has been unlike anything seen for the last 80 years. While there have been a host of reasons for the market wide rout, the meltdown has been most acute amongst growth stocks. As Wells Fargo’s Head of Equity Strategy Christopher Harvey puts it, “the sell-off is all about ‘growth’ — but not economic growth. Rather, it is about the growth style, the mispricing of duration, and risk appetite (or lack… Source link

The U.S. has now classified WNBA star Brittney Griner as “wrongfully detained” by the Russian government, a State Department spokesperson confirmed to Yahoo Sports on Tuesday. The formal change in designation is a significant development because it opens a new path to secure Griner’s freedom. Instead of waiting for her drug smuggling case to play out in the Russian legal system, the U.S. government will now actively seek to negotiate her return. “Our expectation is that the White House do… Source link

President Biden said Tuesday that if a draft opinion by Justice Samuel Alito suggesting the U.S. Supreme Court is poised to overturn Roe v. Wade holds, it would represent a “radical” and “fundamental” shift in the rule of law. “It concerns me a great deal that we’re going to, after 50 years, decide a woman does not have the right to choose,” Biden told reporters at Joint Base Andrews in Maryland. “But equally as profound is the rationale used.” On Monday night, Politico published… Source link

The WNBA is planning to honor Brittney Griner across the league this season. Each team will have a special floor decal to honor the Phoenix Mercury star, who is still in jail in Russia, according to ESPN’s Josh Weinfuss. The decal will feature No. 42, Griner’s number, and the initials BG. The league announced the news on Tuesday morning. “As we begin the 2022 season, we are keeping Brittney at the forefront of what we do through the game of basketball and in the community,” WNBA… Source link

Imagine you’re looking at a bar chart of Google Ads conversions by month in Google Data Studio. You want to know how brand campaigns are affecting performance. Image by author, April 2022 You decide to add Campaigns as a “breakdown dimension” so you can see conversions by campaign. That segmentation doesn’t give you the result you’d hoped: Image by author, April 2022 With dozens of campaigns across multiple accounts, this chart is far too noisy to be useful. So… what… Source link

Yandex’s data center in Finland has been cut off the electricity grid as a response to Russia’s invasion of Ukraine. It is currently running on diesel, according to reports. The Russian search giant’s 40MW facility in Mäntsälä, Finland, was cut off by the local energy company Nivos Energia Oy, according to Russian news service RBC. The reasons for the disconnection are not clear, as Yandex is not currently on sanctions lists, but its news and blogging services, as well as a senior… Source link

A large data center in Finland operated by Russian Internet giant Yandex has had its power supply turned off, reports Russian news agency TASS. The data center in Mäntsälä, designed to support at least 10MW of IT equipment, has been forced to operate on generator power since 25 April – something that is normally reserved for emergencies and is unlikely to be sustainable in the long run. Related: SAP Is Shutting Down Russian Data Centers,… Source link

A large data center in Finland operated by Russian Internet giant Yandex has had its power supply turned off, reports Russian news agency TASS. The data center in Mäntsälä, designed to support at least 10MW of IT equipment, has been forced to operate on generator power since 25 April – something that is normally reserved for emergencies and is unlikely to be sustainable in the long run. Related: SAP Is Shutting Down Russian Data Centers,… Source link

(Bloomberg) — A brief bout of concern about the status of Alibaba Group Holding Ltd. co-founder Jack Ma triggered wild swings in shares of the e-commerce company on Tuesday, underscoring continued investor anxiety toward China’s tech sector after a year-long crackdown. Most Read from Bloomberg Alibaba plunged as much as 9.4% in Hong Kong, erasing about $26 billion of market value, after state broadcaster CCTV reported that authorities in the company’s home base of Hangzhou had imposed… Source link

Jae Crowder wasn’t ejected on Monday night, and Draymond Green had plenty of thoughts. The Phoenix Suns forward kicked Luka Doncic directly in the groin in the first half of their 121-114 win in Game 1 of their Western Conference semifinals series against the Dallas Mavericks on Monday. Crowder went to make a pass near the top of the key around the midway point of the second quarter, and his right leg came flying up before drilling Doncic directly in the groin. That, naturally, sent Doncic… Source link