These stocks have been outperforming amid the latest market rout: Morning Brief

These stocks have been outperforming amid the latest market rout: Morning Brief

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 Tuesday, May 17, 2022 Today’s newsletter is by Emily McCormick, a reporter for Yahoo Finance. Follow her on Twitter Stocks have had a rough start to 2022. The S&P 500 has tumbled about 16% so far this year to come within striking distance of a bear market. The Nasdaq Composite has plunged an even more pronounced 25%. And even the Dow Jones… Source link

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Elon Musk says we can’t let humankind end in ‘adult diapers’ and that the environment would be fine if we doubled our population

Elon Musk says we can’t let humankind end in ‘adult diapers’ and that the environment would be fine if we doubled our population

Elon Musk.Christophe Gateau/picture alliance via Getty Image Elon Musk argued for higher birth rates again, saying otherwise we will all “end up in adult diapers.” He claimed without evidence that the environment can support it “even if we doubled the size” of the global population. Experts have stated other factors causing birth rates to decline. Elon Musk argued on Monday that it’s “total nonsense” that people were not having have kids because it was bad for the environment, and made another… Source link

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Rajon Rondo accused of threatening woman with gun: Reports

Rajon Rondo accused of threatening woman with gun: Reports

A woman has accused NBA point guard Rajon Rondo of threatening her with a gun in front of her children during an altercation in her Louisville, Kentucky home, according to multiple reports. TMZ and ESPN reported on Monday that the woman filed for an emergency protective order on Friday, claiming that she fears for hers and her children’s safety while citing a history of “volatile, erratic (and) explosive behavior” from Rondo. Per the reports, a judge granted the request, ordering Rondo to… Source link

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Google Cloud’s New TPU v4 ML Hub Packs 9 Exaflops of AI

Google Cloud’s New TPU v4 ML Hub Packs 9 Exaflops of AI

Almost exactly a year ago, Google launched its Tensor Processing Unit (TPU) v4 chips at Google I/O 2021, promising twice the performance compared to the TPU v3. At the time, Google CEO Sundar Pichai said that Google’s datacenters would “soon have dozens of TPU v4 Pods, many of which will be operating at or near 90 percent carbon-free energy.” Now, at Google I/O 2022, Pichai revealed the blue-ribbon fruit of those labors: a TPU v4-powered datacenter in Mayes County, Oklahoma, that… Source link

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Don’t Try to Regulate Google Ads

Don’t Try to Regulate Google Ads

Sen. Mike Lee of Utah is poised to introduce legislation that would forbid Google and other tech giants that build and operate digital advertising exchanges from owning the tools that help buyers and sellers of online advertising. Not only is this bad policy, but it is based on the faulty premise that advertising markets are analogous to securities markets. Behind the proposed legislation is the argument, put forward by some legal scholars, that Google… Source link

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Don’t Try to Regulate Google Ads

Don’t Try to Regulate Google Ads

Sen. Mike Lee of Utah is poised to introduce legislation that would forbid Google and other tech giants that build and operate digital advertising exchanges from owning the tools that help buyers and sellers of online advertising. Not only is this bad policy, but it is based on the faulty premise that advertising markets are analogous to securities markets. Behind the proposed legislation is the argument, put forward by some legal scholars, that Google… Source link

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Marriott, Yahoo Launch Guest Media Network

Marriott, Yahoo Launch Guest Media Network

Today in the connected economy, hotel chain Marriott joins forces with Yahoo to launch a media network that lets advertisers reach guests with targeted commercials. Plus, Uber unveils several new ridesharing features, and Plaid partners with VGS to provide tokenization services. Marriott Launches Media Network That Lets Ads Reach Travelers Marriott is working with Yahoo to launch a media network that lets advertisers target guests at the hotel chain using their consumer data. The Marriott… Source link

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Big tech is fighting a new Texas law targeting social media — here’s what happens next

Big tech is fighting a new Texas law targeting social media — here’s what happens next

After a controversial new social media law went into effect Wednesday in Texas, the Supreme Court began weighing Big Tech’s emergency request to put it on hold as the tech industry fights the legislation. Texas statute HB 20 requires large platforms like Twitter (TWTR), Meta’s Facebook and Instagram (FB), TikTok, and YouTube (GOOG, GOOGL) to publish all user posts that express a “viewpoint.” Their industry lobbyists are challenging the statute on First Amendment and other grounds, and… Source link

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