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Google parent Alphabet (GOOG, GOOGL) will report its Q4 earnings after the closing bell on Tuesday. The search giant will likely face fewer headwinds in the online advertising space than social media platforms like Facebook (FB) and Snapchat (SNAP), which have been slammed by changes to Apple’s (AAPL) iOS privacy settings. Here’s what Wall Street is expecting of the company in the quarter, as compiled by Bloomberg, compared to its performance in the same quarter last year. Revenue ex-TAC… Source link

It’s so ironic, and also … let me find just the right word … so darn gratifying. A man who spent the whole week demeaning a woman, going on any platform that would have him to criticize her, turning tail and hiding when he got pushback for being sexist and loud and wrong. It served absolutely no purpose last week to highlight the outdated-yet-still-breathing brand of misogyny employed by Jeff Garcia, because it wasn’t new. Garcia wasn’t the first man to cry that a woman who never played… Source link

Progressive Congresswoman Alexandria Ocasio-Cortez (D-NY) told Yahoo Finance in an exclusive interview that corporate “price gouging” has fueled inflation, placing the blame largely on dominant companies that hike prices and rake in profits without fear of competition.  She strongly rejected claims that government stimulus in response to COVID-19 has caused the price spike, warning that such a diagnosis of the problem could lead to spending cuts with dire consequences for millions of people… Source link

The Federal Reserve met last Wednesday, Jan. 26, holding interest rates near zero but reiterating its intentions to raise them later this year in an effort to quell record inflation. One factor contributing to the surging inflation levels continues to be global supply chain issues — a problem that the Fed does not have a significant amount of influence over and one that may extend well into 2022. According to Cetera Investment Management CIO Gene Goldman, however, the easing of supply-chain… Source link

History shows it has paid off to buy stocks after major plunges. An investor buying the S&P 500 (^GSPC) 10% below its high, regardless of whether it was the trough, would have netted a median return of 15% over the next 12 months, according to new research going back to 1950 from Goldman Sachs (GS) strategist David Kostin.  Kostin notes there have been 33 S&P 500 corrections of 10% or more since 1950. The median episode has lasted roughly 5 months and encompassed a peak-to-trough decline of… Source link

If the Federal Reserve raises interest rates seven times this year as Bank of America head of global economics Ethan Harris predicted in a new call, the stock market won’t be immune from those hikes. “I think it’s a flattish market, to be honest,” Harris told Yahoo Finance Live on Monday. “I think for now we have had the near-term corrections and the markets had to deal with the fact that the Fed isn’t going to be completely friendly going forward. They helped drive the stock market. Now they… Source link

Stocks were mixed Monday as traders looked ahead to another packed week of corporate earnings results and economic data in the wake of the Federal Reserve’s latest monetary policy pivot.  The S&P 500 and Dow declined, while the Nasdaq gained just after the opening bell. Treasury yields edged slightly higher on the long end of the curve, with the benchmark 10-year yield edging back above 1.8%. U.S. crude oil prices built on recent gains after rising for a sixth straight week. January marked a… Source link

In the days since Justice Stephen Breyer announced his retirement from the Supreme Court, much of the focus on his replacement has centered around the race and gender of his replacement. President Joe Biden has repeatedly promised that his nominee “will be the first Black woman ever nominated to the United States Supreme Court.” But in a new interview for Influencers with Andy Serwer, U.S. Rep. Alexandria Ocasio-Cortez described identity as “just the starting step when we are discussing a… Source link

This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Monday, January 31, 2022 Remember your first bad breakup? I bet it was painfully brutal. The weeks full of tears. The instant anger at the sight of life itself. The endless worrying if your ex was already seeing someone else. The parking outside of their house from 9 p.m. to 4 a.m. with the lights off to watch if they went anywhere (or was that… Source link

By Chad Terhune and Robin Respaut    (Reuters) – More than 100,000 Americans died from diabetes in 2021, marking the second consecutive year for that grim milestone and spurring a call for a federal mobilization similar to the fight against HIV/AIDS.    The new figures come as an expert panel urges Congress to overhaul diabetes care and prevention, including recommendations to move beyond a reliance on medical interventions alone. A report released earlier this month calls for far… Source link