Stocks snapped a two-day drop on Wednesday, boosted by better-than-expected economic data and earnings results. The Dow Jones Industrial Average rose 416.33 points while strong numbers from PayPal (PYPL) and Moderna (MRNA) pushed the Nasdaq 100 up 2.7%. Here are top trending after-hours tickers on Yahoo Finance: eBay (EBAY): eBay shares moved higher in after-hours trading after the company reported a Q2 earnings beat and maintained its quarterly dividend at $0.22 per share. Adjusted earnings… Source link

The PGA Tour fired back at a lawsuit filed by professional golfers who recently joined the rival LIV Golf tour, dubbing them “Saudi Golf League employees,” according to a memo obtained by Yahoo Finance. Phil Mickelson, Bryson DeChambeau, and nine other LIV golfers filed an antitrust complaint against the PGA Tour on Wednesday. Within hours, the PGA Tour responded in a scorching memo to members from Tour Commissioner Jay Monahan. “It’s an attempt to use the TOUR platform to promote… Source link

Former Treasury Secretary Larry Summers says he doesn’t think the U.S. is in recession now, but says there’s a 75% chance the economy tips into recession in the next 18 months. “I don’t think we’re in a recession,” Summers told Yahoo Finance in an interview. “[But] given the difficulties associated with high inflation and bringing it down, the necessary monetary policy response, the odds that the economy will go into recession within the next 18 months are quite serious, and… Source link

Warner Bros. Discovery (WBD) has a lot of questions to answer ahead of its earnings report on Thursday. The three-month-old streaming conglomerate, which is set to report its first quarterly earnings since the $43 billion merger, plans to lay off 70% of its development business, according to The Wrap, which cited “multiple insiders.” The news has fueled speculation when it comes to the future of HBO Max with sources telling The Wrap that CEO David Zaslav, known for his cost-cutting leadership… Source link

Miami Dolphins quarterback Tua Tagovailoa is a newly married man. It appears that is something he would rather the world not have learned. Speaking with reporters on Wednesday, Tagovailoa confirmed he had recently married Annah Gore and indicated he intended to keep that part of his private life as private until the news eventually leaked. Tagovailoa on the wedding: “It was very special. I don’t know who ended up leaking it, but he must have been waiting outside the courthouse for an entire… Source link

Bhargavi Govardhanam is a Master’s of Computer Sciences student from Hyderabad, India. Android users can now utilize a new mobile app to monitor glucose levels, exercise, carbohydrate intake, and medication record, thanks to a UMass Dartmouth Master’s in Computer Science student. Bhargavi Govardhanam ‘23 recently published DiaFriend, assisting Assistant Professor Peeranuch LeSeure’s research project, “The Development of a Patient-Centered Diabetes Application for Self-Management… Source link

New Orleans Saints rookie Trevor Penning is having a spirited start to training camp. Penning was kicked out of practice on Wednesday after starting a fight for the third day in a row. The offensive tackle started a fight with defensive lineman Malcolm Roach, who was also kicked out. “We don’t have time for that,” Saints coach Dennis Allen said, via ESPN’s Katherine Terrell. “I sent two guys in today and we’ve got to get our work done. We’ve got to learn as a team how to compete and how to… Source link

Phil Mickelson, Bryson DeChambeau and nine other players involved with LIV Golf have filed suit against the PGA Tour, charging antitrust violations and alleging a wide-ranging pattern of coordinated behavior between the Tour and multiple other golf entities. In the lawsuit, , the players are challenging their suspensions from the PGA Tour, some of which extend into 2024. In addition, three players – Talor Gooch, Hudson Swafford and Matt Jones – are seeking a temporary restraining order to… Source link

BEREA, Ohio — The NFL has moved to appeal the six-game suspension handed down to Deshaun Watson after deliberating over Monday’s personal conduct judgement by arbitrator Sue L. Robinson, the league announced Wednesday. This effectively extends the league’s personal conduct case against Watson into next week, and puts the final determination into the hands of commissioner Roger Goodell or any designee he appoints to hear the appeal. “Under the 2020 NFL-NFLPA collective bargaining… Source link

Google’s adding a new option to help users support Asian-owned businesses, with a new ‘Asian-owned’ attribute available within Google My Business profiles. As displayed in the video, the new ‘Asian-owned’ attribute adds a badge to that business’ display, in both Search and Maps, which could help guide users that are looking to support minority-owned businesses in their decision-making. Google added business identity… Source link