The steep slide in Tesla’s (TSLA) stock price this year is starting to catch the eye of valuation watchers. “Not since 2018 has Tesla traded at these levels,” Wedbush analyst Dan Ives wrote in an email to Yahoo Finance. “On an EV/EBITDA [earnings before interest, taxes, depreciation, and amortization] basis it’s the cheapest valuation to date.” Ives — a former Tesla bull who made headlines in mid-November for removing the EV maker’s stock from Wedbush’s best ideas list — isn’t too far… Source link
Read More »‘Every single house on our street’ is becoming an Airbnb, says host amid surge in listings
Los Angeles-based YouTubers Kristen and Michael knew their only chance at buying an income-generating property during the pandemic was to venture into the California desert. Last year the couple bought and renovated a 2 bed-1 bath ranch near Joshua Tree National Park. The couple, who asked to go by their first names only, listed it on short term rental platform Airbnb (ABNB) as “Seventh Ray House.” “Even during the slow months, even during the summer, we got booked over every weekend,”… Source link
Read More »‘Every single house on our street’ is becoming an Airbnb, says host amid surge in listings
Los Angeles-based YouTubers Kristen and Michael knew their only chance at buying an income-generating property during the pandemic was to venture into the California desert. Last year the couple bought and renovated a 2 bed-1 bath ranch near Joshua Tree National Park. The couple, who asked to go by their first names only, listed it on short term rental platform Airbnb (ABNB) as “Seventh Ray House.” “Even during the slow months, even during the summer, we got booked over every weekend,”… Source link
Read More »Grocery prices jumped 12.0% in November
Not all the inflation news was cheery. Backing out volatile gasoline and food prices, inflation in the U.S. slowed again last month, up 7.1% year-over-year. That was lower than economists’ exception of a 7.3% increase, per Bloomberg data. Still, the latest report was not great news for grocery shoppers: Food prices in November rose 12.0% year-over-year. On monthly basis, the category increased by 0.5%, according to the Bureau of Labor Statistics’ (BLS) November Consumer Price Index (CPI)…. Source link
Read More »Nuclear fusion breakthrough ‘an enormous game changer,’ Constellation Energy CEO says
The U.S. Department of Energy announced a breakthrough in nuclear fusion on Tuesday that puts the world one step closer to harnessing an abundant energy source free from carbon emissions and long-lived radioactive waste. U.S. Energy Secretary Jennifer Granholm confirmed that scientists achieved a reaction that created more energy than was used — known as a net energy gain — at the federally-funded Lawrence Livermore National Laboratory in California. “Last week at the Lawrence Livermore… Source link
Read More »Nuclear fusion breakthrough ‘an enormous game changer,’ Constellation Energy CEO says
The U.S. Department of Energy announced a breakthrough in nuclear fusion on Tuesday that puts the world one step closer to harnessing an abundant energy source free from carbon emissions and long-lived radioactive waste. U.S. Energy Secretary Jennifer Granholm confirmed that scientists achieved a reaction that created more energy than was used — known as a net energy gain — at the federally-funded Lawrence Livermore National Laboratory in California. “Last week at the Lawrence Livermore… Source link
Read More »Yahoo’s Cookieless Identity Solution, Yahoo ConnectID, Continues to Gain Strong Industry Support in APAC
Yahoo has announced new interoperability partnerships, including Alliant, AdPredictive, and Tealium, for its cookieless identity solution, Yahoo ConnectID. The new partners add more power to the platform and support for Yahoo ConnectID, as advertisers and publishers seek a privacy-first solution to drive campaign personalisation, performance and measurement. Yahoo ConnectID now reaches over 290 million addressable users globally, up 40 million since the start of the year. The solution is… Source link
Read More »Inflation rose at annual 7.1% over last year
Inflation slowed again last month, more than expected, as the Federal Reserve raised interest rates at the fastest pace in decades. The Consumer Price Index (CPI) in November showed a 7.1% increase over last year and 0.1% increase over the month, the Bureau of Labor Statistics said Tuesday. Economists had expected prices to rise at an annual 7.3% clip and 0.3% month-over-month, per Bloomberg data. On a “core” basis, which strips out the volatile food and energy components of the report, prices… Source link
Read More »Mike Leach, a bolt of personality, is dead at 61
Back when he coached Washington State, Mike Leach preferred to walk to work, about a 3.5-mile trek. He was never much into driving a car. Walking (or biking or even rollerblading) felt right, and not just for the exercise but for the randomness of life it could provide. He’d often use the time to call recruits, or friends, or boosters, or media, or whomever else popped into his forever-revving mind. He might have a single, simple question, but one hour and 14 topics later, he’d be… Source link
Read More »Taboola.com: Carving Out A Major Bottom In The Stock With Yahoo! (NASDAQ:TBLA)
Saran_Poroong Even venerable Yahoo! is not yet 30 years old (founded in 1994). In that time, the company has undergone several branding changes, a swirl of product launches and deaths, four different ownership models (from start-up to private equity), and a large number of CEOs. So I was surprised when Yahoo! and content recommendation platform Taboola.com, Ltd (NASDAQ:TBLA) signed a 30-year partnership deal on November 28, 2022. Almost no one in the industry has done the internet for 30… Source link
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