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While the S&P 500 and Dow Jones Industrial Average have continued to power to new highs seemingly everyday this summer, the small-cap Russell 2000 Index has been OK with sitting the dance out completely.  After peaking in March, strategists at Renaissance Macro Research note the Russell 2000 Index is now at new year-to-date relative lows versus the S&P 500. Over the last six months, the Russell 2000 Index — which houses smaller U.S. focused companies — is up a mere 1.9%. The S&P 500 and… Source link

Google Meet videoconferencing is adding fuller support for Google Glass, the company’s frequently overlooked augmented reality headset. Yesterday, Google announced an open beta of “Meet on Glass” for the Glass Enterprise Edition 2. Users with Google Workspace can sign up to test the service following a closed beta announced last year. As The Verge’s Sean Hollister laid out last year, Meet on Glass works differently from normal online videoconferencing. When a Google Glass wearer… Source link

LAS VEGAS — Team USA men’s basketball has been a subject of scrutiny for the last five days with the basketball community expressing its enormous disappointment in the team getting off to an unprecedented 0-2 exhibition start ahead of the Olympics in Tokyo. Meanwhile, Kevin Durant, the face of Team USA, is just chilling in his hotel suite at Aria Resort & Casino. “I’m doing fine, myself,” Durant told Yahoo Sports. “I haven’t really left my room with the health and safety… Source link

Google software engineers reported something in a recent survey that surprised higher-ups: they felt as productive working from home as they did before the pandemic. Internal research at the Alphabet Inc. unit also showed that employees want more “collaboration and social connections” at work, according to Brian Welle, a human resources vice president. Welle declined to provide exact figures but said “more than 75%” of surveyed employees answered this way. Most staff also… Source link

Although housing starts appear to be picking up in recent months, it is unclear whether this trend can be sustained as supply chain disruptions, high materials costs, and construction labor shortages continue to plague the sector. Some camps are even fearful of the possibility of an impending housing crisis which could be triggered by a wave of evictions attributed to pandemic-related disruptions. In spite of this, the U.S. housing market remains hot, with the growing demand for homes… Source link

Stock futures dipped Thursday morning as investors digested a host of mixed corporate earnings results and reassurances from monetary policymakers that the latest spike in inflation would likely prove temporary. Global data was also in focus, with a weaker-than-expected GDP report out of China pointing to a marked growth slowdown. Contracts on the S&P 500 declined after the index eked out a record intraday high during Wednesday’s regular session. The Dow looked to open nearly 200 points… Source link

In Windows 11, there’s a new widgets button on the taskbar that opens a menu with quick access to weather, traffic, news, sports scores, and more. Here’s how it works. What Is a Widget, Anyway? In computer software, a widget is usually a small graphical app designed for quickly referencing information such as weather, sports scores, and news. Widgets are often (but not always) presented separately from regular apps in an operating system, sometimes on their own screen or in their own… Source link

(Bloomberg) — Just under four years ago, brothers Joesley and Wesley Batista were in Brazilian prison cells with concrete bunk beds, their multibillion-dollar meat empire near collapse in one of the world’s biggest corporate corruption scandals. Today, they’re not only free men but their company, JBS, is worth three times what it was then, operates in 20 countries and controls a quarter of U.S. beef processing. The brothers, worth $5.8 billion, hold stakes in companies with $28 billion… Source link

Join executive leaders at the Conversational AI & Intelligent AI Assistants Summit, presented by Five9. Watch now! Google has announced that all Workspace (formerly G Suite) customers can now apply to access Google Meet through its face-mounted Glass device as part of an open beta program. While many people will likely have forgotten all about the once consumer-focused Google Glass, the internet giant has continued to offer the augmented reality (AR) contraption to businesses as… Source link

(Bloomberg) — It was the type of master stroke that could make a Wall Street career. Jason Mudrick’s financing of AMC Entertainment Holdings Inc. at the height of the pandemic netted his hedge fund hundreds of millions of dollars in just a few months. Then, in the blink of an eye, it was gone. Options contracts meant to hedge the bullish wager went haywire as retail traders flocked to AMC’s stock, pushing shares to once unimaginable heights and costing Mudrick Capital Management all of… Source link