Stocks futures edge lower after tech rally

Stocks futures edge lower after tech rally

U.S. stock futures opened slightly lower Monday evening after a whipsaw session in markets during the regular trading day, as investors appraised the next moves by the Federal Reserve and a fresh batch of quarterly earnings results. Contracts on the S&P 500 declined. During the regular trading day, technology stocks outperformed, leading the S&P 500 higher by 0.6%, and the Nasdaq up by 1.6%. And these moves in tech shares came even as the benchmark 10-year Treasury yield topped 3%, or its… Source link

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Why a new metaverse ETF wants nothing to do with Facebook’s Meta

Why a new metaverse ETF wants nothing to do with Facebook’s Meta

Facebook parent Meta (FB) wants to be the first company you think of when you hear the word metaverse, the nascent 3-D virtual world that could be the future of the internet. Heck, it’s why Meta CEO Mark Zuckerberg changed the social media giant’s name to Meta in late 2021. But according to Subversive Capital founder and CIO Michael Auerbach, Zuckerberg’s efforts will fall flat. “We actually believe that Meta isn’t the company that’s building out the Metaverse,” Auerbach told… Source link

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Chip shortage expected to ‘last until 2023’

Chip shortage expected to ‘last until 2023’

At this year’s Milken Institute’s Global Conference, its 25th annual gathering, the overarching theme was “Celebrating the Power of Connection.” America’s largest domestic automaker by volume, General Motors (GM), would like to “connect” more with its customers as well, however vehicle supply has been hampering those efforts. In a wide-ranging conversation with Yahoo Finance Editor-in-Chief Andy Serwer from the conference, GM CEO Mary Barra emphasized the impact of the global chip shortage… Source link

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How one Utah resident skipped college, took on a high-stakes student loan, and succeeded

How one Utah resident skipped college, took on a high-stakes student loan, and succeeded

When John Isom turned down an opportunity to go to the University of Utah to study computer science and take on an income-share agreement (ISA) to finance the education, he was aware of the risks. “I created a mock budget… and saw how much debt I was going to have to take on,” Isom said in an interview with Yahoo Finance. “Even with a little bit of a scholarship, it honestly didn’t do much — it’s still wildly expensive. You have no choice but to take out a federal student… Source link

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Google’s May Pixel update fixes weak notification vibrations on Pixel 6 phones

Google’s May Pixel update fixes weak notification vibrations on Pixel 6 phones

For multiple lines of Android phones, the shift to Android 12 has been a rough one, including withdrawn updates and occasional bugs. Still, the number of issues we’ve seen for Google’s flagship Pixel 6 and Pixel 6 Pro devices alone has been surprising. Today, Google announced the May 2022 update for Pixel devices is starting to roll out. It fixes a problem people noticed on the Pixel 6 phones after the March update, where the vibration for notifications was suddenly much weaker. Two… Source link

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‘Something far more serious is going on’, says analyst

‘Something far more serious is going on’, says analyst

The oil market is undergoing a serious production problem, warns one analyst, even as prices retreat temporarily amid Covid lockdowns in China. “From the long term, something far more serious is going on — and that is what’s going on in Russia,” Dan Dicker, founder of The Energy Word told Yahoo Finance Live. “The energy companies, Exxon (XOM), Total (TTE), BP (BP), leaving Russia, stranding assets in Russia. What we’ve seen is that production in Russia is down more than a million barrels in… Source link

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DraftKings, FanDuel, Yahoo DFS Breakdown: Monday, May 2

DraftKings, FanDuel, Yahoo DFS Breakdown: Monday, May 2

James Harden leads the Philadelphia 76ers into Miami for Game 1 without Joel Embiid. It was shocking that we didn’t get any Game 7s in the opening round, but it was still an incredible two weeks of basketball. We are ready to keep rolling here, with the second-round kicking off. Injury Report Core Plays Bam Adebayo (C – MIA): $7,300 DraftKings, $7,400 FanDuel, $30 Yahoo Everyone discusses how much the Embiid injury hurts Philly, but no one mentions the other side. It doesn’t benefit… Source link

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Fitbit and Google Fit metrics are heading to the Nest Hub

Fitbit and Google Fit metrics are heading to the Nest Hub

In the leadup to Google I/O, Google has been sprinkling small updates here and there that indicate its big wearables push is well underway. The latest is a new Google support page for an integration that will enable Google Fit and Fitbit users to view their activity metrics on the Nest Hub. The page, which was first spotted by 9to5Google, offers simple step-by-step instructions on how to link Google Fit or Fitbit accounts to the display via Google Assistant. One thing that’s unclear is… Source link

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Testing Out HPC On Google’s TPU Matrix Engines

Testing Out HPC On Google’s TPU Matrix Engines

In an ideal platform cloud, you would not know or care what the underlying hardware was and how it was composed to run your HPC – and now AI – applications. The underlying hardware in a cloud would have a mix of different kinds of compute and storage, an all-to-all network lashing it together, and whatever you needed could be composed on the fly. This is precisely the kind of compute cloud that Google wanted to build back in April 2008 with App Engine and, as it turns out, that very… Source link

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