Morgan Stanley expects the S&P 500 to plunge another 15%-25% within the next four months — use these 3 top recession-resistant stocks for protection If you think the stock market selloff has come to an end, Morgan Stanley has some bad news. The S&P 500 is already down 17% year to date, but the Wall Street juggernaut believes the market has yet to hit a bottom. “Our ’22/’23/’24 base case estimates are now 3%/13%/14% below consensus, respectively,” a team of Morgan Stanley analysts led by… Source link

The logo for Google LLC is seen at the Google Store Chelsea in Manhattan, New York City, U.S., November 17, 2021. REUTERS/Andrew Kelly Register now for FREE unlimited access to Reuters.com Register BRUSSELS, Sept 9 (Reuters) – EU antitrust regulators have broadened the scope of their investigation into Alphabet (GOOGL.O) unit Google’s digital advertising business by taking over the Portuguese competition watchdog’s probe into the same issue. While the European Commission kicked off its… Source link

Chandravongsri’s parents were born in Laos, where he still has extended family. He has seen first-hand how CIA-led bombing campaigns during the 1960s and 1970s left a deadly legacy of unexploded ordnance that still threatens lives today, a problem seen in many war zones, including Gaza. He says reading the AI capabilities included in Project Nimbus “really scared me.” Chandravongsri is far from the only worker in Google’s vast, international workforce whose background provides a… Source link

The first beta for the Android 13 quarterly release includes a new “clear calling” feature that “reduces background noises during calls.” It was first spotted by Mishaal Rahman on Twitter who also tweeted directions to enable it for yourself without root, if you’re feeling bold. The images shared by Rahman note that Clear Calling works “on most mobile networks,” is “not available for Wi-Fi calling,” and “content from your call is not sent to Google.” Google has… Source link

Google pays “billions” to other companies to keep Google Search as the default option on phones, in browsers and elsewhere, maintaining an illegal dominance over the search market, the Justice Department said Thursday in court. Driving the news: Lawyers for Google along with the Justice Department spoke before federal judge Amit Mehta Thursday in a hearing where both sides laid out relevant facts in the DOJ’s 2020 antitrust suit against the search giant. The hearing was a tutorial of sorts… Source link

In a welcome update for website owners, Google made clear changes to its spam and abuse resource center on Google Search Central. The biggest updates include more robust suggestions to prevent abuse and identify spam accounts, instead of focusing on how to monitor for it. Preventing Spam and Abuse Previous to this page update, the first section discussed “Web hosting services that are available without payment”. It is now replaced with “Prevent abuse on your site and platform”. The… Source link

MADEIRA, Ohio ‒ Nine birdies, one bogey and an opening round 64 for Xiyu Lin were good for the lead on Thursday in the inaugural Kroger Queen City Championship presented by P&G at Kenwood Country Club. Lin, who started her tournament on the back nine, birdied five of the first six holes she played to shoot 30 on that side. The 26-year-old’s 8-under round was one shot off her career-low of 63. “It’s nice to start with three birdies in a row,” Lin said. “The first hole, the approach… Source link

LAS VEGAS — UFC 279 is scheduled for Saturday, but the fights began Thursday. A wild brawl that UFC president Dana White said involved all six fighters who were scheduled to take part in the UFC 279 news conference Thursday at the MGM Grand Garden caused a nearly half-hour delay in its start and then its cancellation midstream. The six fighters, Nate Diaz, Khamzat Chimaev, Tony Ferguson, Daniel Rodriguez, Li Jingliang and Kevin Holland, were all involved in different incidents. White said… Source link

Alphabet’s Google pays billions of dollars each year to Apple, Samsung Electronics and other telecom giants to illegally maintain its spot as the No. 1 search engine, the US Justice Department told a federal judge Thursday. DOJ attorney Kenneth Dintzer didn’t disclose how much Google spends to be the default search engine on most browsers and all US mobile phones, but described the payments as “enormous numbers.”  “Google invests billions in defaults, knowing people won’t… Source link

Hundreds of Google and Amazon employees protested Thursday outside of company offices in San Francisco, New York, Seattle and Durham, N.C., demanding that the tech giants end their $1.2 billion Project Nimbus contract to supply Israel and its military with artificial intelligence and cloud computing technology. Some Google and Amazon workers believe that the contract will aid Israel’s surveillance efforts of Palestinians, Josh Marxen, a Google Cloud engineer based in Sunnyvale, told The… Source link