Yahoo News

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

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

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

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

U.S. stocks were higher Wednesday afternoon after Fed Chair Jerome Powell said in a press conference on Wednesday signs of disinflation are building in the economy, which investors took as a sign the central bank could be close to ending its rate-hiking campaign. Tech stocks were leading the charge higher on Wednesday following Powell’s comments, with the technology-heavy Nasdaq Composite (^IXIC) rising as much as 2%. Meanwhile, the S&P 500 (^GSPC) was higher by 1.2% while the Dow Jones… Source link

This article is part of our Yahoo DFS Basketball series. Wednesday started off as a nine-game slate but is down to eight after Wizards-Pistons was postponed due to weather-related flight issues. It should be an exciting night regardless, as every spread is within single digits and all but one game has a projected total of greater than 230 points, including one game with a 244 over/under — Kings-Spurs. As customary, we’ll highlight multiple advantageous positional matchups to exploit… Source link

The Federal Reserve raised short-term interest rates Wednesday by a quarter percentage point, bringing its benchmark rate to a new range of 4.50% and 4.75%, the highest level since October 2007. In its statement on Wednesday, the central bank acknowledged the slowdown in inflation as the Fed continues to assess the impact its interest rate hikes have had on consumer prices over the last year. The 25 basis point rate hike marks a further slowdown in the Fed’s pace of rate increases after the… Source link

It’s the last day before the NHL goes on its All-Star break, so we’re about to have a few days off for the games that count, and also DFS hockey. There are only two games Wednesday, but let’s make the most out of it. Here are the players to target, and to avoid, for your DFS lineups. GOALIE Jeremy Swayman, BOS at TOR ($34): If the Bruins are swapping starts, it would be Swayman’s turn. He has a .914 save percentage, but a 2.34 GAA thanks to his team’s stout defense and penalty kill. The Maple… Source link

SAN FRANCISCO–(BUSINESS WIRE)–Marin Software today announced a new integration with Yahoo to enable enhanced campaign buying and optimization for advertisers. Through the integration, brands can now include Yahoo DSP campaigns within the MarinOne Platform, making the management, measurement and optimization of holistic, omnichannel campaigns easier than ever. Yahoo DSP puts the power of programmatic advertising in the hands of advertisers, giving them access to premium… Source link

SAN FRANCISCO, January 31, 2023–(BUSINESS WIRE)–Marin Software today announced a new integration with Yahoo to enable enhanced campaign buying and optimization for advertisers. Through the integration, brands can now include Yahoo DSP campaigns within the MarinOne Platform, making the management, measurement and optimization of holistic, omnichannel campaigns easier than ever. Yahoo DSP puts the power of programmatic advertising in the hands of advertisers, giving them access to premium… Source link