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Stock futures searched for direction Wednesday evening amid a mixed batch of corporate earnings results and a Federal Reserve decision that signaled the central bank was still looking for the U.S. economy to recover further before adjusting its monetary policies. Contracts on the S&P 500 edged slightly lower. The index ended the regular session in the red but hovered less than 0.5% below its recent all-time closing high. Contracts on the Dow rose, while those on the Nasdaq dipped. Shares of… Source link

Yahoo: QB Quinn Ewers ‘leaning toward’ skipping high school senior year to attend Ohio State | NBC4 WCMH-TV Skip to content ✕ × Close Ad … Source link

In an email to staff, Google (GOOGL) CEO Sundar Pichai said the policy would roll out in the United States in the coming weeks, and in other regions in the following months as vaccines become more widely available. It’s not clear how Google plans to enforce the policy. “Getting vaccinated is one of the most important ways to keep ourselves and our communities healthy in the months ahead,” Pichai said. Later Wednesday, Facebook (FB) Vice President of People Lori Goler said that any employees… Source link

Tilray CEO Irwin Simon expects marijuana legalization in the U.S. to happen within the next two years. Citing the recent legislative push to end the federal prohibition of marijuana, “I see over the next 18-to-24 months that cannabis in some format will have legalization,” Simon told Yahoo Finance Live (video above), later adding: “Trust me: When legalization does happen, we will be ready… to be a part of it.” The Canadian cannabis company — listed on both the Nasdaq (TLRY) and the… Source link

Google said Wednesday it would require its U.S. employees to be vaccinated before coming to work. Facebook followed suit shortly afterward with a similar announcement. Marcio Jose Sanchez/AP hide caption toggle caption Marcio… Source link

Facebook (FB) reported second-quarter earnings after market close on Wednesday, with the recovery across the internet advertising industry helping lift the social media company’s results beyond Wall Street’s expectations.  However, Facebook flagged an expected slowdown in revenue growth, and said that decreased ad targeting abilities following an Apple iOS update would negatively impact results going forward. Shares slid more than 3.5% in late trading.  Here were the main metrics from… Source link

As Robinhood (HOOD) prepares for its IPO on July 29 in a bid for a $35 billion valuation, some analysts warn that the company’s business model — specifically its reliance on payment for order flow (PFOF) — is an unseemly practice that won’t last. “This IPO is effectively selling investors on exploiting other investors,” David Trainer, CEO of New Constructs, said on Yahoo Finance Live (video above). “The whole payment-for-order-flow business model is probably not going to be long for… Source link

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 China is relentlessly cracking down on tech giants ranging from ride-sharing firm Didi (DIDI) to internet giant Tencent and Alibaba (BABA) affiliate Ant Financial Group. Along the way, billions of dollars have been washed away, as Chinese stocks tank amid concerns that what were once easy growth… Source link

Pfizer (PFE) CEO Albert Bourla is betting big on repeating the success of its COVID-19 vaccine with an experimental oral treatment — and he’s putting the company’s money where its mouth is. Bourla told Yahoo Finance Wednesday the company is committing $1 billion to develop the oral treatment — a protease inhibitor — which would give the world an easy-to-use, targeted treatment, hopefully by year’s end. The current market for COVID-19 treatments includes monoclonal antibodies and some… Source link

Google announced it’s adding new caller ID, missed call, and SMS message features to Google Voice on Wednesday. The otherwise minor update is notable because Google Voice has fallen to the wayside while Google focused on other messaging boondoggles. From the missed calls or voicemail sections of the mobile Google Voice app, you can now learn why you might have missed a call (for example, Do Not Disturb was on), and receive directions on how to make sure that doesn’t happen again… Source link