A view of the Tesla service centre in Singapore July 16, 2022. REUTERS/Chen Lin It will be make-or-break for Tesla (TSLA) come Wednesday after the bell, as the electric vehicle maker releases its second quarter earnings report. The Street is expecting Tesla to report That revenue figure would represent a 2.5% drop from a year ago, which is not that severe considering the production issues Tesla experienced during Q2 due to COVID-related shutdowns at its Shanghai Gigafactory. On the profitability… Source link
Read More »Monthly Archives: July 2022
Leonard Fournette gained 30 pounds during offseason, and Bucs aren’t happy
This isn’t the TB12 method. Tampa Bay Buccaneers running back Leonard Fournette showed up to minicamp at nearly 260 pounds, according to the Tampa Bay Times’ Rick Stroud. That puts him around 30 pounds heavier than his listed playing weight of 228 pounds. Stroud reported the news on his podcast “Sports Day Tampa Bay.” “The last time we saw Leonard Fournette he was about a donut shy of 260,” Stroud said. “He certainly didn’t look like a guy who could play every down.” [Set, hut, hike!… Source link
Read More »Little Caesars sees uptick in orders as pizza chain leans on value
Little Caesars is battling record-high inflation — and winning the fight, according to its CEO. “We’ve actually seen customer accounts and transactions increase,” Little Caesars CEO and President David Scrivano told Yahoo Finance Live, crediting the brand’s role as a “value player” in the pizza space. “Today, you can get a pepperoni pizza at Little Caesars for about half the price [compared to] our competitors,” Scrivano continued, shrugging off rising food cost concerns as the category rose… Source link
Read More »Netflix’s next chapter will feature this card game company
Netflix (NFLX) has struggled in recent months, prompting investors and company watchers to wonder what the streaming giant’s future looks like. That future, as it turns out, could be linked to “Exploding Kittens,” a card game about “cats and destruction.” Netflix and the card game-maker are collaborating on a TV show helmed by “King of the Hill” creators Mike Judge and Greg Daniels — and it’s going to feature a multi-platform approach that’s likely to be a key to Netflix content in the… Source link
Read More »Google and Chevron invest in nuclear fusion startup TAE Technologies
Michl Binderbauer, CEO of TAE Technologies Photo courtesy TAE Technologies Google and Chevron are part of a $250 million funding raise announced Tuesday for TAE Technologies, a nuclear fusion startup with an unconventional strategy that has now raised a total of $1.2 billion. Nuclear fusion is often referred to as the holy grail of clean energy because of its promise of generating nearly unlimited emission-free energy without the equivalent harmful, long-lasting radioactive waste that nuclear… Source link
Read More »Why the stock market still hasn’t priced in a full recession
Recession calls are growing by the day, but the stock market remains wary of fully pricing in this scenario for the economy. Despite enduring the worst start to a year since 1970, the benchmark S&P 500 (^GSPC) is still trading 13% above a widely-cited recessionary target of 3,400, which would mark a ~29% decline from the record high reached on January 3, 2022. In the average recession since World War II, the S&P 500 has dropped 31%. “Investors and business managers alike tend to play the hand… Source link
Read More »Google plans to test AR prototypes in public starting in August
Google is planning to test augmented reality (AR) prototypes in public beginning next month, the company announced Tuesday. Google has been exploring concepts like AR glasses that show translations in real time, but the company wants to take its ideas from the lab into the real world. The Verge previously reported that Google hopes to ship its “Project Iris” AR headset in 2024. “This will allow us to better understand how these devices can help people in their everyday lives,”… Source link
Read More »Google’s new Chrome logo could have looked a lot different
Google changed up its Chrome logo earlier this year, for the first time since 2014. The new Chrome logo has some subtle differences from before, thanks to a lack of shadows, slightly different proportions, and brighter colors. Most Chrome users might not have even noticed its introduction in Chrome 100, but Google had experimented with far more radical designs that didn’t make the cut. Some of the more striking proposals included completely different shapes for the Chrome logo or… Source link
Read More »New internal documents could bolster antitrust case against Google, Amazon
The documents bolster the committee’s claims that the internet giants illegally favor their own products, a practice that pending legislation to update antitrust laws would make more difficult. “It is time for Congress to act,” Antitrust Subcommittee Chair David N. Cicilline (D-RI) said in a statement. Heavily redacted internal Google documents appear to show, for example, how Google pressured mobile phone makers including Samsung to prioritize its own apps on their devices. In a… Source link
Read More »Google will let European Play Store users pay with alternate billing systems
Google will start allowing the developers of non-gaming apps to offer European users alternate payment systems. In a blog post, Google outlines its plans to comply with the Digital Markets Act (or DMA), a piece of legislation aimed at regulating big tech. The DMA passed through the European Parliament earlier this month, but it isn’t expected to go into force until spring 2023. But Google is rolling out the changes ahead of time to make sure that its plans “serve the needs” of… Source link
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