Yahoo News

Netflix (NFLX) reported its fiscal third quarter earnings on Tuesday after the bell, crushing expectations and prompting shares to surge more than 14% in after hours trading. Here are Netflix’s third quarter results compared to Wall Street’s consensus estimates, as compiled by Bloomberg: Revenue: $7.93 billion versus $7.85 billion expected Adj. earnings per share (EPS): $3.10 versus $2.22 expected Subscriber net additions: +2.41 million versus +1 million estimated In a note to shareholders, the… Source link

Walmart (WMT) is out with a new platform for influencers, called Walmart Creator. On Tuesday, the big box retailer announced a beta version of the site that allows influencers and social media creators to monetize shoppable Walmart product recommendations to their followers. The company plans to fully launch the platform in 2023. In a press release, Walmart marketing executive William White said, “We know our customers are inspired by the content and stories they see from their favorite… Source link

Whether you’ve played Daily Fantasy on Yahoo before or are giving it a try for the first time, this weekly column will take an early look at the DFS landscape, revealing whom I like building lineups around, stars to fade, undervalued plays and bargain bin options to help you construct a better team. Lineup building blocks Lamar Jackson ($40) vs. Cleveland Browns Jackson has totaled just three touchdowns over the last three weeks after ripping off 12 scores over the first three games of the… Source link

Before we get to Yahoo Sports’ 2022-23 NBA season preview — complete with in-depth analysis, awards projections, playoff picks and more — a refresher course on a league emerging from a summer of turmoil … Since the Golden State Warriors won the NBA championship in June and their stars joined the short list of trios to win four titles together, the league has been mired in an endless cycle of staggering news stories. Tuesday’s opening-night slate — the Philadelphia 76ers at the Boston… Source link

Editor’s note: Jim Lanzone is the CEO of Yahoo Finance’s parent company, Yahoo. Yahoo CEO Jim Lanzone has overseen his share of internet success stories in his nearly three-decade career. From steering the ship at Ask.com, to the launch of CBS Interactive, Lanzone has built his reputation around turnaround stories. Yet, he credits his success to early failures with startup eTour, an internet search and navigation company he co-founded in 1998 at the height of the dotcom boom. “We went up way… Source link

Streaming prices are going to keep increasing, according to one prominent media executive. “Streaming pricing is going to go up,” Paramount (PARA) CEO Bob Bakish warned during Yahoo Finance’s All Markets Summit, adding that consumers will likely absorb the cost increases since “streaming represents an extraordinary value in general for the consumer.” Bakish highlighted the recent price hikes of competitors like Netflix (NFLX), which last boosted monthly prices in January, as well as Disney ( Source link

  Jayson Tatum and the Boston Celtics face the Philadelphia 76ers to kick off the 22-23 NBA season. Building the best DFS lineups for cash and GPP contests is all about identifying the best ways to utilize your available budget by comparing projections to prices. Luckily, FantasyPros offers a complete suite of DFS tools, including DFS Cheat Sheets, a DFS Lineup Optimizer, and more. Below is today’s Yahoo DFS Optimal Lineup using the FantasyPros DFS Lineup Optimizer tool. This is… Source link

Business sectors ranging from agriculture and manufacturing to automotive and financial services are increasingly turning to artificial intelligence as a means to automate large swaths of their organizations—and, along the way, save enormous sums through improved efficiencies. But, says ‘Megathreats’ Author and NYU Stern School of Business professor Nouriel Roubini, the rise of AI will also have a massively negative impact on workers throughout the economy. AI has helped revolutionize… Source link

Four years ago Microsoft dedicated a glowing portrait to KC Lemson in order to properly celebrate her contribution as the creator of its unofficial yet beloved Ninja Cat mascot. On Monday, the trailblazing “maestro of fun, mastermind of memes,” as Microsoft described her, found out she had been laid off from the software company she loved after more than two decades. “I’ve got a good network and sent a lot of feelers out today, but there just aren’t many openings,” she posted late… Source link

Home Depot Co-Founder Bernie Marcus says 40-year high levels of inflation would come down if the Biden administration makes it easier for oil companies to drill in the country. “We have a president that just doesn’t believe in that [oil drilling],” Marcus said on a new episode of Yahoo Finance Presents. “We are sitting on tons of oil and gas, and he doesn’t allow us to drill. It’s basically stupid. I can’t come with another word. It’s stupid. And we will continue to suffer this inflation. And… Source link