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Ignore a more hawkish Federal Reserve at your own peril, warns RBC Capital Markets head of U.S. equity strategy Lori Calvasina.  “They [our strategists] think the market is too sanguine. They think people are underestimating the number of hikes in 2023 and how high the Fed could ultimately go,” said Calvasina on Yahoo Finance Live.  The markets have rallied back to within all-time highs this week as traders push aside a shift in the tone by Federal Reserve chief Jerome Powell just one week… Source link

Google has taken action against a major hacking operation that it thinks has infected more than 1 million devices. The tech giant is coming down hard on the so-called Glupteba botnet, suing two Russians who are allegedly behind it. It’s a notorious piece of malware known for taking control of people’s Windows PCs. Crooks can then steal people’s details and data, as well as using your machine to mine cryptocurrency. At times the vicious attack was… Source link

Google has announced its Android 12L update — the one designed to give its OS a better experience on tablets and large folding phones — is getting its first beta release today. While Beta 1 still seems very much pointed toward developers, it could be a chance to see what Google’s working on in a (slightly) more polished state than the developer preview. With Android 12L, Google is adding a two-column layout for devices with larger screens, which will let you get at more information… Source link

Apple CEO Tim Cook greets customers at the new Apple Store on Broadway in downtown Los Angeles, California, U.S., June 24, 2021. REUTERS/Lucy Nicholson This article was first featured in Yahoo Finance Tech, a weekly newsletter highlighting our original content on the industry. Get it sent directly to your inbox every Wednesday by 4 p.m. ET. Subscribe Wednesday, December 8, 2021 If AR and VR headsets are going to go mainstream, Apple will be the one to do it While the 3-D internet world known as… Source link

A former Tesla (TSLA) quality engineer turned whistleblower says the electric car maker has known for at least four years that some of its solar panels could catch fire but failed to disclose or fix the problem. On Monday, Reuters revealed that complaints over the alleged hazards filed by the whistleblower are the subject of an ongoing investigation by the U.S. Securities and Exchange Commission. The agency confirmed the investigation in a Sept. 24 letter to the former engineer, Steven… Source link

After months of nasty contract disputes, Roku this morning announced it’s come to an agreement with Google which will allow it to continue to carry both YouTube and YouTube TV on its platform. Roku declined to share the specifics of the deal terms, beyond saying it’s a multi-year extension that covers both services. For Roku and Google customers, however, that means they don’t know which party won the battle or what that means for Google’s access to Roku’s user data. During… Source link

A Roku Inc. remote in an arranged photograph in Hastings-on-Hudson, New York, May 2, 2021. Tiffany Hagler-Grear | Bloomberg | Getty Images Roku stock jumped more than 11% on Wednesday morning after it said it has reached a multiyear agreement with Google to keep YouTube and YouTube TV on its streaming platform. The deal will allow the 56.4 million active Roku accounts to continue to watch YouTube and YouTube TV, Google’s live streaming service, without disruption. Google had previously… Source link

Apple, whose stock is perched at a record high, is inching closer to becoming a $3 trillion company as Wall Street gets bullish on its future. The tech giant saw its shares jump more than 3% following Morgan Stanley’s Kathy Huberty note to investors about raising price target from $164 to $200. Huberty argued that it’s time to consider the company’s plans to launch an augmented reality product and self-driving car in the next few years. Similarly bullish sentiment came from KeyBanc… Source link

Russian search engine Yandex is more likely to promote conspiracy theory-related content in its search results than any other major search engine, according to a new study published Wednesday. More than half of Yandex’s first-page search results for controversial terms such as “flat earth” and “George Soros” were for pages that promoted conspiracy theories, researchers at the University of Zurich found. That was a significantly higher share than among the results… Source link

Yandex NV (YNDX) is higher by Wednesday morning, with the stock rising 1.93% in pre-market trading to 68.3. YNDX’s short-term technical score of 31 indicates that the stock has traded less bullishly over the last month than 69% of stocks on the market. In the Internet Content & Information industry, which ranks 134 out of 146 industries, Yandex NV ranks higher than 55% of stocks. Yandex NV has fallen 22.14% over the past month, closing at… Source link