Why Wall Street can’t agree on where stocks are heading

Investors are still reeling from a roller coaster ride — attempting to price in a bewildering array of sweeping sanctions against Russian entities with all its attendant knock-on effects. There’s a growing divide on Wall Street, with some saying that the worst is over and investors should buy the dip while others are saying investors should be cautious and concerned about lingering tail risks. Dominic Wilson of Goldman Sachs’ global markets strategy team is wary of both surging oil prices… Source link

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Yandex NV (NASDAQ:YNDX) – CORRECTION: Yandex Shares Are Halted – Benzinga

This headline-only article is meant to show you why a stock is moving, the most difficult aspect of stock trading. Every day we publish hundreds of headlines on any catalyst that could move the stocks you care about on Benzinga Pro, our flagship platform for fast, actionable information that promotes faster, smarter trading. Benzinga Pro has an intuitively designed workspace that delivers powerful market insight, and is the solution of choice for thousands of professional and… Source link

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Why Target is hiking its minimum wage to as much as $24 an hour

It’s just a good business decision to keep on raising hourly wages for workers as it will help retain the top talent that is driving strong sales and profits, explains Target CFO Michael Fiddelke. Target said this week it would lift hourly wages for workers in distribution centers, stores, etc. to $15 to $24 an hour depending on location and position. The total investment will amount to $300 million. The discounter revealed back in 2017 a desire to increase its minimum wage to $15 an hour by… Source link

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DuckDuckGo pauses its relationship with Russian search engine Yandex

DuckDuckGo has “paused” its partnership with Russian search engine Yandex over the war in Ukraine, a top official of the privacy-focused search service said Tuesday at a House hearing on tech. “The index was used to provide traditional links — meaning, non-news links — on the search engine results page in Russia and Turkey,” said Katie McInnis, DuckDuckGo’s senior public policy manager for the U.S. DuckDuckGo, a privacy-focused search engine, has faced increased scrutiny as conspiracy… Source link

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Google’s New Soli Radar Tech Can Read Your Body Language—Without Cameras

What if your computer decided not to blare out a notification jingle because it noticed you weren’t sitting at your desk? What if your TV saw you leave the couch to answer the front door and paused Netflix automatically, then resumed playback when you sat back down? What if our computers took more social cues from our movements and learned to be more considerate companions? It sounds futuristic and perhaps more than a little invasive—a computer watching your every move? But it feels less… Source link

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Google’s New Soli Radar Tech Can Read Your Body Language—Without Cameras

What if your computer decided not to blare out a notification jingle because it noticed you weren’t sitting at your desk? What if your TV saw you leave the couch to answer the front door and paused Netflix automatically, then resumed playback when you sat back down? What if our computers took more social cues from our movements and learned to be more considerate companions? It sounds futuristic and perhaps more than a little invasive—a computer watching your every move? But it feels less… Source link

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Liberty reportedly fined $500K for use of charter flights

The WNBA levied a $500,000 fine against the New York Liberty for their repeated use of charter flights over the back end of the season, an issue that has been at its boiling point for the past few years. It’s a league-record number that was reduced from $1 million and included the removal of Liberty executive Oliver Weisberg from the league’s executive committee, according to a Sports Illustrated report. The use of charter flights is a competitive advantage since not all franchise owners are… Source link

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NYSE and Nasdaq halt trading of Russian firms, including Yandex and MTS – DatacenterDynamics

The Nasdaq and New York Stock Exchange have halted trading in US-listed Russian stocks, following the invasion of Ukraine and the West leveling harsh sanctions against Russia. Among them were a number of tech companies, including search engine and cloud company Yandex, as well as telco Mobile TeleSystems (MTS), and e-commerce platform Ozon Holdings. Russia has also ordered its own stock market to remain closed as its economy and currency plunged in value. … Source link

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Inside Sonos’ decision to sue Google — and how it won

Sonos has long accused other tech giants of stealing its patents and technology, but in 2020, it actually sued Google for patent infringement. Sonos said that it had disclosed details about how its technology worked during negotiations to integrate Google’s voice assistant and that Google had copied the tech and then released cheaper products it subsidized with revenue from search advertising. Sonos recently won that lawsuit at the US International Trade Commission, which ruled that… Source link

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