Monthly Archives: February 2023

Meta beats Q4 estimates on both the top and bottom lines

Meta beats Q4 estimates on both the top and bottom lines

Tech editor Dan Howley takes a closer look at Meta’s latest earnings beat alongside updates to its share buyback program. Video Transcript DAVE BRIGGS: All right, earnings alert here, investors hitting the like button on Meta earnings, up 13 plus percent after-hours after the company released its fourth quarter earnings. Share buyback, revenue beat. Dan Howley here with the most surprising thing you saw in this report. What do investors like, sir? DAN HOWLEY: Yeah, obviously, the stock buyback… Source link

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Meta stock jumps after hours on Q4 revenue beat, share buyback plans

Meta stock jumps after hours on Q4 revenue beat, share buyback plans

Yahoo Finance’s Seana Smith reports on how Meta stock is trading after hours following the Facebook parent company’s Q4 earnings results. Video Transcript SEANA SMITH: All right, Dan, sorry to cut you off here. We just want to jump in with Meta earnings because they are out. So let’s get to the numbers here. Taking a look at the stock reaction, look at that, up just about 12% here. Revenue coming in stronger than expected, 32.17 billion. The estimate on the Street was for 31.65 billion…. Source link

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Ginger Zee says hair ‘doesn’t define who we are’ after she’s criticized for new bangs

Ginger Zee says hair ‘doesn’t define who we are’ after she’s criticized for new bangs

Ginger Zee claps back at a critic of her gray hair. (Photo: Roy Rochlin/Getty Images). For Ginger Zee, it’s just hair, don’t care. The ABC News chief meteorologist, 42, took to Twitter on Wednesday to respond to someone who told her to “Loose the new [hairdo], [you’re] a pretty woman but that doesn’t look good at all.” Zee wrote back, “Thanks for your opinion Gary. The great part about it is I like it and so do lots of other folks. And it’s hair. It changes and grows, falls out & grays… it… Source link

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NBA DFS Picks: Yahoo Plays for Feb. 1

NBA DFS Picks: Yahoo Plays for Feb. 1

De’Aaron Fox will look to have a huge game against the Spurs. After a light schedule Tuesday, we’ll have nine games to enjoy Wednesday. There are a few exciting matchups, including when the Celtics host the Nets. Stephen Curry and the Warriors will also be in action when they take on the Timberwolves in Minnesota. Let’s dive into all the matchups and highlight some players to consider for your Yahoo lineups, as well as a few to possibly avoid. GUARDS De’Aaron Fox, SAC at SA… Source link

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Stock spikes after better-than-expected revenue, buyback announcement

Stock spikes after better-than-expected revenue, buyback announcement

Meta (META) reported its Q4 2022 earnings today after the bell, and the Facebook parent beat key revenue expectations and growing losses on its metaverse operation. It also announced a $40 billion stock buyback plan. Here’s what the key numbers looked like, as compared to analysts’ estimates compiled by Bloomberg. Q4 Revenue – $32.17 billion actual versus $31.65 billion expected Advertising Revenue – $31.25 billion actual versus $30.86 billion expected Adjusted Earnings Per Share (EPS) –… Source link

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Kyle Shanahan shuts door on possibility of Jimmy Garoppolo returning to 49ers

Kyle Shanahan shuts door on possibility of Jimmy Garoppolo returning to 49ers

The Jimmy Garoppolo era of the San Francisco 49ers appears to be over for real this time. With the former Niners starting quarterback hitting free agency, head coach Kyle Shanahan firmly ruled out any possibility of re-signing him while speaking with reporters Wednesday. Asked if he could see a potential Garropolo return given the Niners’ uncertainty at quarterback, Shanahan bluntly replied “No, I don’t see any scenario of that.” The Niners are entering the offseason with Brock Purdy and Trey… Source link

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Apple earnings will be the latest sign the tech industry is coming back to earth

Apple earnings will be the latest sign the tech industry is coming back to earth

This article was first featured in Yahoo Finance Tech, a weekly newsletter highlighting our original content on the industry. Get it sent directly to your inbox every Wednesday by 4 p.m. ET. Subscribe Wednesday, Feb. 1, 2023 Apple’s upcoming earnings could be a bellwether for the rest of the industry Apple (AAPL) will report its first quarter earnings after the bell on Thursday. The announcement follows a string of stinging reports from tech companies including Intel (INTC), Snap (SNAP), and… Source link

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Big Tech layoffs might have ‘real cultural fallout,’ leadership expert says

Big Tech layoffs might have ‘real cultural fallout,’ leadership expert says

There’s nothing more detrimental to the productivity of a workplace than watching trusted colleagues get escorted out of the building amid a mass reduction in force. And with that vibe currently playing out in Big Tech, experts warn job cuts could damage the very fabric of these once-untouchable highly creative institutions. “I think these companies got carried away with overhiring, and they were not careful, and they just hired willy-nilly, and now they’re facing huge layoffs,” Bill George,… Source link

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Google Maps removed policy-abiding reviews from Local Guides

Google Maps removed policy-abiding reviews from Local Guides

Google has accidentally removed legit, policy-abiding reviews submitted by Local Guides from Google Maps. Google acknowledged the issue and said it is working on reinstating those reviews over the next few weeks. What happened. According to Google’s Local Guides Connect blog, Google said they are “constantly improving our moderation system to keep policy-violating content off the map.” With those efforts, Google said its “protections took down more than expected policy abiding… Source link

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