U.S. stocks ascended at Wednesday’s open as Wall Street counted down to a crucial inflation reading and big bank earnings later this week. The S&P 500 (^GSPC) rose 0.5%, while the Dow Jones Industrial Average (^DJI) added 130 points, or 0.4%. The technology-heavy Nasdaq Composite (^IXIC) also advanced by roughly 0.4%. U.S. Treasury yields pared their move higher from the previous session, with the benchmark 10-year note falling below 3.6%. The U.S. dollar index also retreated. Wells Fargo (WFC)… Source link

Microsoft thinks it finally has a weapon to challenge Alphabet’s leadership in internet search.  The software giant, like other tech groups, has tried unsuccessfully to compete with the Google search engine. The latter has even become more important again, relegating its so-called rivals to stooges.  The dominance of the Mountain View, Calif.-based group eventually sickened to the point where some rivals simply gave up. Bing, Microsoft’s search engine, was the world’s second most popular in… Source link

Sony Open in Hawaii Honolulu, HawaiiWaialae Country Club – Par 70 – 7,044 yardsField – 144 entrantsPurse – $7.9M The Preview The Hawaiian Swing’s alluring backdrop transitions from Maui to the shores of O’ahu as Honolulu’s Waialae Country Club has remained the host of the Sony Open since its inception in 1965. The first noticeable contrast from last week’s Sentry Tournament of Champions to this week’s event lies in the field size and strength. There’s less firepower in attendance at Waialae,… Source link

I was pleased to get through the end of the 2022 seasonal holidays without a zero-day exploit landing for Google Chrome if I’m being honest. Attackers do like to strike when security teams and consumers alike are kicking back, after all. In fact, the last security update for users of the Google Chrome desktop browser, Windows, Mac, and Linux versions, was back on December 13, 2022. That is the same day that Microsoft, Adobe, and others release their scheduled monthly security updates: Patch… Source link

On the brink of financial ruin and in need of massive additional cost cuts, execs at Bed Bath & Beyond appear to be OK with ceding even more market share to rivals such as Target and Walmart. Bed Bath & Beyond said this week that it’s on track to close 150 stores as part of an effort to corral costs and save cash, updating a list of locations that now totals 122 stores. That list shows Bed Bath & Beyond will shutter at least 18 stores in the key Tri-State area of New York (8), the company’s… Source link

Lynn, who remains active on social media, thinks lack of education is a big issue. “Some people don’t even know that it’s not legal to use other people’s photos,” she said. “Most people say, ‘OK, I’m just gonna use this photo—it’s not a big deal.’ And if every case were taken seriously, it would take a lot of time.”  A Legal Affair  Often, when people think of deepfakes and synthetic media, they immediately jump to the adult film industry or politics, but these synthesizations… Source link

Google Developer Advocate Alan Kent says product reviews linking to multiple sellers may get a ranking boost over reviews linking to one. Kent confirmed this on Twitter in response to a question about Google’s documentation on how to write high-quality product reviews. There’s a line in the document that reads: “Consider including links to multiple sellers to give the reader the option to purchase from their merchant of choice.” Does that mean a website is disadvantaged if it only… Source link

Bad news for Google in Germany — where the antitrust watchdog has issued a preliminary statement of objections over its data processing terms and said it’s currently planning to require the tech giant to provide users with more choice over what it does with their information. The Bundeskartellamt, or Federal Cartel Office (FCO), has been investigating Google’s T&Cs for processing user data since May 2021. At issue is how Google collects and connects user data across multiple… Source link

We have a solid eight-game ledger on tap Wednesday night, one that features some higher-end players at guard and forward in particularly appealing matchups and a pair of mid-salary centers that could well overdeliver in terms of return on investment. As customary, we’ll highlight multiple advantageous positional matchups to exploit at each position for your Yahoo Fantasy lineups, as well as a good trio of candidates that may be best to steer clear of due to a combination of… Source link

A version of 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, January 11, 2023 Today’s newsletter is by Myles Udland, senior markets editor at Yahoo Finance. Follow him on Twitter @MylesUdland and on LinkedIn. Read this and more market news on the go with Yahoo Finance App. Coinbase (COIN) announced Tuesday it would be laying off 950 staff members, or around another 20% of its team. As… Source link