Yahoo News

Meta (FB) CEO Mark Zuckerberg on Tuesday unveiled new plans for the company’s turn toward the metaverse, introducing company values like “live in the future” and telling employees they’ll be referred to as “metamates.” Shares of Meta ticked up slightly on the day but the company’s stock remains about 31% below where it stood upon the release of disappointing earnings at the outset of the month. Observers on Wall Street and in Silicon Valley have attributed the sudden collapse to sluggish user… Source link

Stocks dipped Wednesday after jumping a day earlier when an apparent deescalation of Russian advances in Ukraine helped boost U.S. equities. Investors also eyed a fresh print on the state of consumer spending in the Commerce Department’s latest retail sales report, which showed a larger-than-expected rebound in consumption at the start of the year. The S&P 500 edged down. On Tuesday, the index closed higher by 1.6% in its first rise in four sessions. The jump came amid an announcement from… Source link

Looking for a way to learn Fantasy Golf without jumping in with both feet? We have a perfect solution for you. Yahoo and Yahoo Fantasy are offering a $15,000 freeroll called the PGA “Yahoo Cup.” This contest awards a winner for weekly events and one winner at the end of the season who has the most cumulative points. It will go for 39 weeks, with the lowest nine weeks of scoring being dropped from your total score. Each week also features a $150-to-first contest, making every round matter… Source link

BEIJING — Vincent Zhou had the greatest moment an Olympian can have — a medal-winning performance, with the anticipation of another — and then saw it all crumble to pieces. Zhou, one of Team USA’s silver (for now) medal-winning team skaters, tested positive for COVID on Feb. 7, and was immediately sent to isolation. His Games were effectively over, and he could only watch as the rest of Team USA skated on without him. “It was very difficult for me seeing the results [of the men’s… Source link

Democrats have an inflation problem with voters. And they’ve been pointing in a range of directions to deflect the blame for consumer prices that have increased at the highest rate in 40 years. Targets include supply chain woes, the stalled Build Back Better plan, the gas tax, and lower immigration rates. Some Democrats also contend that across the economy, big corporations have spurred skyrocketing inflation — and that means you could hear the phrase “price gouging” a lot between now and… Source link

Roblox shares are getting whooped in the real world on Wednesday after disappointing earnings. Shares of the gaming giant crashed 20% to $58 in pre-market trading — bringing the stock below its $64.50 direct listing price from March 2021 —as analysts voiced their concerns. with the company’s quarter. The Roblox ticker page was the most visited on Yahoo Finance. “Once stuck-inside kids and teens are now spending weekdays off their devices and out in the real world. The big picture… Source link

Canadian inflation has an effect on the economy whether it’s interest rates, mortgage rates, gas prices or any other thing we require as a good or service. (Getty Images) Canadian inflation topped 5 per cent in January, for the first time since September 1991. Statistics Canada says the Consumer Price Index (CPI) rose 5.1 per cent year-over-year, higher than estimates of 4.8 per cent. It was 4.8 per cent in December. For the sake of comparison, the CPI increased 1 per cent in January 2021 on a… Source link

Adrian Peterson denies striking his wife Ashley. (Wesley Hitt/Getty Images) Adrian Peterson and his wife Ashley have responded to his arrest for alleged domestic violence on Super Bowl Sunday, with both denying that he struck her. Airport police confirmed that Peterson was arrested Sunday morning on a felony domestic violence charge for an incident on a plane departing Los Angeles International Airport. Peterson’s representatives later confirmed that Peterson and Ashley were involved in “a… Source link

My favorite fight song in sports has always been “San Diego Super Chargers.” I don’t think it’s any coincidence that Dan Fouts threw for career-highs in passing yardage three seasons in a row after the song’s release in 1979. It’s a certified banger, trust me. The serotonin rush I get from listening to it is close to the rush I experienced when BetMGM released their Super Bowl LVII odds and I saw the Chargers listed at +2500. I’m jumping on that value before the free agency period starts,… Source link

James Harden and Ben Simmons put on their best faces for the public following messy exits in their trade deadline swap. One person who watched with great interest was NBA commissioner Adam Silver, who’s prepping for All-Star weekend in Cleveland. In a conversation with Yahoo Sports, Silver noted this has been part of the NBA’s fabric for some time, and not just this generation of players. “Players forcing their way out of situations is not new in this league. It’s important to have that… Source link