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We all know how the stock market started out 2022 with a sudden reversal of last year’s bull run. By the end of February, it was clear that stocks had entered correction territory; the sell-off was broad-based, across all segments of the market. But is the sell-off over? There are indications that may be the case. Since bottoming out on March 14, the market has staged a strong rebound, and year-to-date is no longer in correction territory. The S&P 500 is up 10% in that period, and the… Source link

It’s always the trivial aspects that blow a story open. That’s the chatter acceptable for the surface-level dinner-table talk or quick “did u c this??” share of a TikTok. Basically, “we talk about the dumbest things,” UConn head coach Geno Auriemma told reporters on Tuesday in Minneapolis ahead of the Final Four. And as with most things Auriemma says, there’s some truth to it if you dig between the rest. Like a realtor gushing about the cute, staged kitchen while the foundation… Source link

U.S. equity futures were flat headed into overnight trading Wednesday after stocks capped this week’s rally to close lower amid a backdrop of faded optimism around Russia-Ukraine ceasefire negotiations and mixed economic data. The S&P 500, Dow Jones Industrial Average and Nasdaq Composite were near breakeven at the start of extended trading after the S&P 500 and Dow each snapped a four-day winning streak in the main session. The Nasdaq slid 1.2% after closing at its highest levels since… Source link

A federal jury in Oakland has awarded $15 million in damages against Yahoo in a suit by a software company that accused the tech giant of illegally copying its patented method of web searches. Droplets Inc., which is based in Texas, was granted a patent in 2004 for programming that allowed users to retrieve selected portions of a website without having to download an entire web page. After filing infringement suits against major tech firms, the company reached licensing agreements with nearly… Source link

Mark Zuckerberg shared advice that a former Yahoo COO gave him as he was launching Facebook. Dan Rosensweig said, “every organization sucks, but you get to choose the ways in which your organization sucks.” Zuckerberg shared the advice with podcaster Tim Ferriss during a chat about Meta’s core values. … Source link

Meta CEO Mark Zuckerberg.Mark Lennihan/AP Mark Zuckerberg tries to surf or foil — another type of water sport — for an hour each morning. He said it helps him absorb whatever bad news is happening at Meta or in the world that day. Waking up to the onslaught of bad news is “almost like getting punched,” he told Tim Ferriss. Mark Zuckerberg has developed a coping mechanism for dealing with the daily onslaught of news these days: surfing. The Meta CEO described his morning routine in a recent… Source link

Matt Harmon is joined by ESPN’s Jordan Reid to discuss whether the Seattle Seahawks should take advantage of the current WR market and trade DK Metcalf, along with some potential destinations. Video Transcript MATT HARMON: Do you want to pay top of the market money to Davante Adams, who’s I think, unquestionably the best receiver in football? Like he has no holes in his game. He’s a flawless player he would make every team better. Or do you want to hunt for depth in the NFL draft? And maybe… Source link

In an industry prone to superlatives, here’s a new one from the automotive world: “Hyper-SUV,” courtesy of legendary British sports carmaker Lotus, with its newest EV creation, the Eletre. “The Eletre takes the heart and soul of the latest Lotus sports car – the Emira – and the revolutionary aero performance of the all-electric Evija hypercar, and reinterprets them as a Hyper-SUV,” Lotus said in a statement. Lotus had been teasing a high-performance EV SUV known as the “Type 132” for a… Source link

(Bloomberg) — Apple Inc. and Meta Platforms Inc., the parent company of Facebook, provided customer data to hackers who masqueraded as law enforcement officials, according to three people with knowledge of the matter. Most Read from Bloomberg Apple and Meta provided basic subscriber details, such as a customer’s address, phone number and IP address, in mid-2021 in response to the forged “emergency data requests.” Normally, such requests are only provided with a search warrant or… Source link

If you think you are seeing more expensive cars on the road these days, the numbers actually say you are right. J.D. Power shared its latest data on new car sales market with Yahoo Finance, and there were some surprising details. (The data is preliminary for Q1 2022 as there were still a few days left in March, and J.D. Power had to forecast through the end of the month.) Tyson Jominy, vice president of data and analytics at J.D. Power, drilled down to discuss what’s happening in the exploding… Source link