Monthly Archives: November 2022

Here are the three factors analysts are watching

Here are the three factors analysts are watching

Coinbase Global (COIN) is set to release earnings after the market closes Thursday with Q3 potentially showing 2022’s worst quarter yet for spot market crypto trading venues. But not every analyst agrees how much weight investors will put into the company’s financials if it demonstrates growth in non-trading revenue. Here are Wall Street’s estimates compiled by Bloomberg: Revenue: $649.15 million Adjusted net income: ($520.52) million Adjusted EBITDA: ($212.95) million Adjusted earnings per… Source link

Read More »

‘Never seen spending patterns’ like this before with luxury consumer

‘Never seen spending patterns’ like this before with luxury consumer

For British luxury automaker Bentley (VOW.DE), 2022 may leave a strong 2021 in the dust. Through the first nine months of 2022, Bentley reported record operating profit of €575 million ($577,129,608), more than double the amount from a year ago. The previous full-year record high for operating profit was €389 million ($383,651,250.00). Revenue through the first nine months came in at €2.490 billion ($2,455,762,500.00), a jump of 28% from a year ago. For Bentley CEO Adrian Hallmark, the… Source link

Read More »

Google wants robots to generate their own code • TechCrunch

Google wants robots to generate their own code • TechCrunch

There are countless big problems left to solve in the world of automation, and robotic learning sits somewhere near the top. While it’s true that humans have gotten pretty good at programming systems for specific tasks, there’s a big, open-ended question of: and then what? New research demonstrated at Google’s AI event in New York City this morning proposes the notion of letting robotic systems effectively write their own code. The concept is designed to save human developers the… Source link

Read More »

Google veteran launches ‘digital family office’ backed by Betsy Cohen, Eric Schmidt

Google veteran launches ‘digital family office’ backed by Betsy Cohen, Eric Schmidt

Nov 2 (Reuters) – Arta Finance, a fintech that aims to replicate the family office experience for a wider audience through artificial intelligence, debuted on Wednesday with $90 million in funding from investors who include Betsy Cohen and former Google (GOOGL.O) chief Eric Schmidt. Calling the operation a “digital family office,” Arta CEO Caesar Sengupta, who led Google’s payments initiatives until 2021, said the startup will offer AI-personalized portfolios and alternative investments to… Source link

Read More »

South Florida Agency Turns to Google Public Sector to Help Manage Critical Water Programs

WEST PALM BEACH, Fla. and WASHINGTON, Nov. 2, 2022 /PRNewswire/ — Google Public Sector is partnering with the South Florida Water Management District to help the agency enable visualization and trend analysis for water quality to inform water management decisions across the district. South Florida Water Management is the largest and oldest water district in Florida, overseeing water resources for more than nine million residents from Orlando to the Florida Keys.  Through this partnership,… Source link

Read More »

Is Elon Musk getting too distracted to run Tesla? Experts weigh in

Is Elon Musk getting too distracted to run Tesla? Experts weigh in

Elon Musk doesn’t just wear a lot of hats when it comes to juggling his many roles — he’s more like a hat rack overflowing with headwear. Following the close of his deal to acquire Twitter (TWTR), Musk appointed himself the CEO of the company, as well as its lone board member. Adding that his other day jobs as CEO of Tesla, CEO and chief engineer of SpaceX, in addition to his role as founder of companies like The Boring Company, Neuralink, and OpenAI, the question has arisen whether the… Source link

Read More »

Mortgage rates are soaring. Is it still OK to refinance your home?

Mortgage rates are soaring. Is it still OK to refinance your home?

Mortgage rates, over 7% or so, are at their highest levels in 20 years and loan applications are down. So, it should follow, that homeowners looking to refinance loans would also be headed to the sidelines in droves. But according to experts, it might still make sense for homeowners to refinance. Why? Rates, even at current levels, can still be a decent deal compared to alternatives. “People would still be refinancing if they need the cash, so they are withdrawing equity, even at much higher… Source link

Read More »

World Wide Technology Championship at Mayakoba Picks and Strategy

World Wide Technology Championship at Mayakoba Picks and Strategy

World Wide Technology Championship at Mayakoba Riviera Maya, MexicoEl Camaleon Golf Course – Par 71 – 7,034 yardsField – 132 entrantsPurse – $8.2M The Preview In his first appearance since ceding the No. 1 spot in the Official World Golf Ranking to Rory McIlroy, Scottie Scheffler headlines this week’s top-heavy field in Mexico as El Camaleon Golf Course once again plays host to the World Wide Technology Championship at Mayakoba. A solid chunk of this field is slated to advance through the… Source link

Read More »

Google Patches the Seventh Zero-Day Chrome Vulnerability of 2022

Google Patches the Seventh Zero-Day Chrome Vulnerability of 2022

Google recently rolled out an emergency fix for a zero-day vulnerability, the seventh one so far in 2022, affecting its flagship web browser Chrome. The latest patch fixes a type confusion bug in the JavaScript-based V8 engine. Tracked as CVE-2022-3723, the flaw is the seventh zero-day vulnerability, i.e., whose exploit is publicly available, and the third type confusion weakness in Chrome’s V8 engine. Needless to say, users should prioritize patching the… Source link

Read More »

‘We have no indication that there is a near-term recession’

‘We have no indication that there is a near-term recession’

Mastercard CEO Michael Miebach thinks it will be a merry holiday season despite fears of a U.S. recession. “Currently, based on the data that we we have, there is no such indication [of a recession],” Miebach told Yahoo Finance Presents in an exclusive interview (video above). “The consumer is resilient, and that resilience will last. We have no indication that there is a near-term recession.” Miebach’s comments on a recession echo what rival CEO Stephen Squeri at American Express recently… Source link

Read More »