Spotify (SPOT) is set to report its fiscal second quarter earnings on Wednesday before the bell as the platform doubles down on podcasts amid an increasingly crowded music streaming landscape. Here’s what Wall Street expects, according to Bloomberg consensus estimates: Revenue: $2.87 billion expected Adjusted loss per share: -$0.66 expected Total monthly active users (MUAs): 428 million expected In the first quarter of 2022, total monthly active users grew 19% year-over-year to 422 million in the… Source link
Read More »Monthly Archives: July 2022
Chips bill advances in the Senate — Here’s what’s in the $79 billion legislation
After more than a year of negotiations, Congress is on the cusp of passing a bill to alleviate the chip shortage and shore up U.S. competitiveness with China — in part by giving $50 billion to the semiconductor industry. The Senate voted 64-32 on Tuesday to end debate on the so-called “CHIPS+” bill. This key step, which required 60 votes, now sets the stage for final passage in the coming days. As the key procedural step got underway, Senate Majority Leader Chuck Schumer (D-NY) said the… Source link
Read More »AG Paxton Sends Letter to Google Urging Fair Access to Crisis Pregnancy Centers
Attorney General Paxton sent a Virginia-led multistate letter to the CEO of Alphabet Inc.—the multinational Big Tech conglomerate of which Google is a part—urging the company not to discriminate against crisis pregnancy centers in search results and online advertising. Democratic politicians have recently asked Google to limit the appearance of pro-life clinics in Google search results, advertisements, and Google Maps entries, and Google appears to have caved… Source link
Read More »US home prices are about to tumble as demand for new houses ‘craters,’ an economist warns
The housing market boomed in 2020 and 2021 but is now cooling rapidly.AFP/Getty Images US home prices are already falling and are set to tumble in the coming months, an economist said Tuesday. Ian Shepherdson, chief economist at Pantheon Macro, told clients “the next few months will be very tough” for the housing market. Property markets boomed in 2020 and 2021 but are rapidly cooling as central banks hike interest rates, pushing up mortgage costs. US home prices are already falling and are… Source link
Read More »Yahoo DFS Baseball: Tuesday Picks
This article is part of our Yahoo DFS Baseball series. There is only one day game Tuesday, leaving us with a packed evening that consists of 14 games. The night will not be short on pitchers who miss plenty of bats, either. Carlos Rodon, Shane McClanahan and Spencer Strider are all scheduled to take the mound for their respective teams, so we could potentially see some big strikeout totals. The Cardinals will begin a series against the Blue Jays in Toronto, but they will be missing… Source link
Read More »Liz Cambage opts to terminate contract with Sparks amid playoff race
Liz Cambage‘s time with the Los Angeles Sparks is over. The team announced Tuesday they’ve agreed to a “contract divorce” with the 30-year-old center, just 25 games into her Sparks tenure. The WNBA uses “contract divorce” for what is essentially a buyout. “It is with support that we share Liz Cambage’s decision to terminate her contract with the organization,” Sparks managing partner Eric Holoman said. “We want what’s best for Liz and have agreed to part ways amicably. The Sparks remain… Source link
Read More »Google Quietly Introduces Powerful New Google Photos Feature — Rolling Out Now
Google has quietly introduced some convenient new Google Photos features, but they’re easy to miss if you don’t know what you’re looking for. Google has quietly introduced some convenient new Google Photos features. GOOGLE MORE FROM FORBESGoogle Photos Adds Powerful New Sharing CapabilitiesBy Paul Monckton Google is continually upgrading the Google Photos app, but smaller changes often go unannounced, making some new features easy to miss. One such feature, as… Source link
Read More »2 ‘Strong Buy’ Dividend Stocks Under $10 With at Least 10% Dividend Yield
Dividend stocks are the Swiss army knives of the stock market. When dividend stocks go up, you make money. When they don’t go up — you still make money (from the dividend). Heck, even when a dividend stock goes down in price, it’s not all bad news, because the dividend yield (the absolute dividend amount, divided by the stock price) gets richer the more the stock falls in price. Knowing all this, wouldn’t you like to own find great dividend stocks? Of course you would! Using the Source link
Read More »Brittney Griner poised to testify in Russian court
After several calm days of her legal team calling character witnesses on her behalf and arguing for a lenient sentence, Brittney Griner’s next appearance in Russian court is likely to be a bit more intense. The judge is expected to directly interrogate her on Wednesday, her attorney Maria Blagovolina told Yahoo Sports. Griner faces up to 10 years in Russian prison after she flew into a Moscow airport in February and Russian customs officials allegedly found vape cartridges containing… Source link
Read More »Russia fines Google $34 mln for breaching competition rules
LONDON, July 26 (Reuters) – Russia’s competition watchdog fined Alphabet’s Google (GOOGL.O) 2 billion roubles ($34.2 million) on Tuesday for abusing its dominant position in the video hosting market, the regulator said in a statement. The decision is the latest multi-million dollar fine as part of Moscow’s increasingly assertive campaign against foreign tech companies. The Federal Antimonopoly Service (FAS) said the company had “abused its dominant position in the YouTube video hosting… Source link
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