(Bloomberg) — US stocks swung between gains and losses as investors parsed fresh economic data and disappointing earnings while mulling the Federal Reserve’s path after the Bank of Canada announced a smaller-than-expected rate hike. Most Read from Bloomberg The S&P 500 struggled for direction. The tech-heavy Nasdaq 100 pared losses that topped 2%. Treasuries rallied after data showed the US merchandise-trade deficit widening. Sales of new US homes fell in September, another indication that… Source link

After weeks of silence, Adidas (ADDYY) has officially cut ties with rapper Kanye “Ye” West following his antisemitic remarks— but is it too little, too late? Adidas “has really broken trust with their customers,” Angeli Gianchandani, practitioner in residence at the University of New Haven, told Yahoo Finance Live (video above), stressing that the German brand will now have to repair its reputation. “Being able to communicate immediately and getting in front of the crisis is important,” she… Source link

Lackluster earnings and outlooks from Alphabet, Microsoft, and Spotify late Tuesday have cast clouds over an already nervous stock market. Alphabet and Microsoft both signaled a more watchful eye on expenses as the economic slowdown rages on. And Spotify — similar to Alphabet — called out economic-related weakness in the advertising market as one reason for its tepid results. All three household name tech stocks plunged on the downbeat commentary. They were also the most visited ticker… Source link

Lackluster earnings and outlooks from Alphabet, Microsoft, and Spotify late Tuesday have cast clouds over an already nervous stock market. Alphabet and Microsoft both signaled a more watchful eye on expenses as the economic slowdown rages on. And Spotify — similar to Alphabet — called out economic-related weakness in the advertising market as one reason for its tepid results. All three household name tech stocks plunged on the downbeat commentary. They were also the most visited ticker… Source link

Meta (META) is gearing up to report its third-quarter earnings after the closing bell on Wednesday. Here’s what Wall Street’s expecting from Facebook’s parent company, as compiled by Bloomberg: Revenue: $27.4 billion expected Earnings Per Share (EPS): $1.88 expected Facebook Daily Active Users (DAUs): 1.86 billion expected The digital advertising slowdown had been top-of-mind for Meta and Big Tech overall heading into this week’s earnings. On Tuesday, Google parent Alphabet (GOOG, GOOGL) reported… Source link

Butterfield Bermuda Championship Southampton, BermudaPort Royal Golf Course – Par 71 – 6,828 yardsField – 132 entrantsPurse – $6.5M The Preview When Seamus Power is the big man on campus, your campus probably isn’t very prestigious. He’s the lone representative from the top-50 in the Official World Golf Ranking this week in Bermuda, while a good chunk of the 132-man field is littered with names that would likely struggle to win a Korn Ferry Tour event in a full season. Nonetheless, the… Source link

U.S. stocks wavered Wednesday morning after reactions to weak earnings from Alphabet (GOOGL) and Microsoft (MSFT), raising concerns that slowing output could dent corporate profits in the coming months. The technology-heavy Nasdaq Composite (^IXIC) plummeted by as much as 2% in early trading. Both the S&P 500 (^GSPC) and the Dow Jones Industrial Average (^DJI) inched higher by 0.4% and 0.9%. Stocks have rallied of late, posting three straight days of gains. The Nasdaq jumped 2.3% in Tuesday… Source link

Brave 1.45.113 Stable is now available. The new version of Brave Browser for the desktop is a massive list with a long list of improvements. Existing installations should be upgraded to the new version automatically. Brave users may speed up the process by loading brave://settings/help in the browser’s address bar, or by selecting Menu > Help > About Brave. New users may download Brave from the official website for installation on their devices. Brave 1.45 Brave 1.45 integrates the Copy… Source link

This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Wednesday, Oct. 26, 2022 Today’s newsletter is by Ethan Wolff-Mann, senior writer at Yahoo Finance. Follow him on Twitter @ewolffmann. Read this and more market news on the go with Yahoo Finance App. There are a few places you can go if you need a dose of bullishness, and one of the best is BMO’s Brian Belski. But when I opened his mid-October… Source link

Yahoo today (October 26th, 2022) announced key appointments to its team in APAC, to support the accelerated growth of its ad tech business in the region. Matt Farrington joins Yahoo as APAC head of partnerships & investment. Sandra Lin comes on board as the new APAC head of DSP strategy. Kenneth Koh joins as head of DSP SEA.  The latest appointments come amidst growing demand for Yahoo’s ad tech product solutions and services in APAC as brands strengthen their digital marketing strategies… Source link