U.S. equity futures edged higher ahead of overnight trading Wednesday following a choppy earlier session that saw stocks pare some losses from a steep sell-off on Tuesday. Contracts on the S&P 500 climbed 0.21%, while Dow futures rose 62 points, or about 0.19%. Futures tied to the tech-heavy Nasdaq Composite were roughly flat after Facebook parent company Meta (FB) reported stronger-than-expected earnings after the close on Wednesday. Still, with just three trading days left, the… Source link
Read More »Meta Shares Soar as Facebook Returns to User Growth
(Bloomberg) — Facebook’s main social network added more users than projected in the first quarter, potentially staving off concerns that the company is losing momentum as a new generation flocks to younger sites like TikTok. Most Read from Bloomberg Shares surged more than 19% in late trading after Facebook parent company Meta Platforms Inc. reported 1.96 billion daily users for its flagship platform, a return to growth after the first-ever decline in the December quarter. Analysts had… Source link
Read More »Wide receiver business is booming, but may not be worth it
It costs a lot to acquire and keep a good wide receiver on an NFL team. Not only did a record nine wideouts sign new deals in 2022 worth at least $15 million a year in average annual value — six of which were for more than $20 million annually — but two Prow Bowl starters were also traded away this offseason for huge draft pick packages The Jacksonville Jaguars handed Christian Kirk an exorbitant contract, and that decision snowballed into blockbuster trades and record-setting extensions… Source link
Read More »The economic war against Russia is getting hot
Markets have stabilized following Russia’s Feb. 24 invasion of Ukraine, as if the bombs and missiles won’t derail the global economy. But the economic war running parallel to the shooting war is getting hotter, warranting more attention than investors may be devoting. Much of the analysis of Russia’s war in Ukraine focuses on brutal land battles for terrain as invading and defending forces fight village-by-village in eastern and southern Ukraine. But just as important are multinational… Source link
Read More »In The Know by Yahoo Honors: Christine Lan
Actress, environmentalist, entrepreneur Hometown: Montreal, Canada Christine Lan uses every outlet at her disposal to promote a more sustainable way of living. The Quebec native is an actress, a content creator and the founder of Eco-Amical, a sustainable skin care and makeup company that ships across North America. Lan has been making her own skin care products for over a decade, and her popular TikTok page is filled with eco-friendly beauty tips. She’s also a member of EcoTok, a creator… Source link
Read More »Yahoo, Facebook Searches of Accounts Not Seizure by Government
The evidence uncovered by Yahoo and Facebook and used to convict a defendant of child exploitation wasn’t collected at the behest of the government and therefore was properly used against the defendant at trial, the Ninth Circuit said. Along the way, the court said that internet content preservation at the request of the government wasn’t a seizure under the Fourth Amendment. Carsten Rosenow argued that the two companies were acting as government agents under the Stored Communications Act… Source link
Read More »Yahoo, Facebook Searches of Accounts Not Seizure by Government
The evidence uncovered by Yahoo and Facebook and used to convict a defendant of child exploitation wasn’t collected at the behest of the government and therefore was properly used against the defendant at trial, the Ninth Circuit said. Along the way, the court said that internet content preservation at the request of the government wasn’t a seizure under the Fourth Amendment. Carsten Rosenow argued that the two companies were acting as government agents under the Stored Communications Act… Source link
Read More »Yahoo, Facebook Searches of Accounts Not Seizure by Government
The evidence uncovered by Yahoo and Facebook and used to convict a defendant of child exploitation wasn’t collected at the behest of the government and therefore was properly used against the defendant at trial, the Ninth Circuit said. Along the way, the court said that internet content preservation at the request of the government wasn’t a seizure under the Fourth Amendment. Carsten Rosenow argued that the two companies were acting as government agents under the Stored Communications Act… Source link
Read More »The meme stock craze is ‘pretty bro-y,’ says CEO of investing platform for women
The meme stock craze — which multiplied the value of beleaguered companies like GameStop (GME) and squeezed hedge funds that bet against them — became a symbol of the populist fight between small-time traders and Wall Street juggernauts. But the most visible figures associated with the movement on behalf of everyday traders, which took off in January 2021, shared something in common: their gender. Keith Gill, a day trader who rose to prominence through his YouTube persona “Roaring Kitty,”… Source link
Read More »Tigers give Twins walk-off win on hilariously awful play
Bad plays in baseball happen every day. But bad plays like this one absolutely do not happen every day. On Tuesday night, the Detroit Tigers handed the Minnesota Twins a walk-off win in the ugliest and most spectacular way possible: a thoroughly botched play. Let’s set the stage. It’s the bottom of the ninth at Target Field and the Tigers are up 4-3, but the Twins are threatening with runners on first and second and only one out. Miguel Sano, who was hitting .083 coming into Tuesday night’s… Source link
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