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Homebuilder KB Home (KBH) reported revenue and profits that missed estimates in the fourth quarter as its net orders plunged and the value of its backlog fell 25% against the same quarter last year. The Los Angeles-based homebuilder posted quarterly results that missed Wall Street expectations, with earnings per share coming at $2.47 against $2.86 expected by Bloomberg consensus. Revenue in the quarter totaled $1.94 billion in Q4, less than the $1.98 billion expected by analysts compiled by… Source link

BREVARD, Fla. — NASA astronaut Frank Rubio and Russian cosmonauts Sergey Prokopyev and Dmitri Petelin are faced with extending their stay aboard the International Space Station by several months and will require a new ride home after their Russian MS-22 Soyuz spacecraft sprang a leak last month. The trio was supposed to use that spacecraft to return to Earth in March. Wednesday, NASA and Russian space officials unveiled a plan to launch an empty Soyuz capsule to the ISS to ferry them back… Source link

Bed Bath & Beyond’s stock continues to be whipped up into a speculative fervor as traders place bets the retailer somehow averts bankruptcy — triggering massive covering by short-sellers. Shares popped 20% in pre-market trading on Thursday. If Bed Bath & Beyond’s stock opened at current levels, shares would be up more than 150% since the opening price on Monday. The stock — which has one of the most visited ticker pages on Yahoo Finance the past 24-hours — climbed 69% on Wednesday. This… Source link

Bed Bath & Beyond’s stock continues to be whipped up into a speculative fervor as traders place bets the retailer somehow averts bankruptcy — triggering massive covering by short-sellers. Shares popped 20% in pre-market trading on Thursday. If Bed Bath & Beyond’s stock opened at current levels, shares would be up more than 150% since the opening price on Monday. The stock — which has one of the most visited ticker pages on Yahoo Finance the past 24-hours — climbed 69% on Wednesday. This… Source link

Updates with clarification from VK source. Russian tech giant VK Group is demanding its employees based abroad return to the country as lawmakers consider a legal ban on remote work, investigative media reported Thursday, citing sources familiar with the matter. The government estimates that 100,000 IT workers — or 10% of the nation’s tech workforce — have left Russia since the invasion of Ukraine and a “partial” mobilization of reserves last year, though some 80,000 IT… Source link

Luxury car maker Porsche Automobile Holding SE (OTC: POAHY) plans to fully integrate Alphabet Inc  (NASDAQ: GOOG) (NASDAQ: GOOGL) Google software in Porsche cockpits. The deal would enable Porsche customers to access Google applications like Google Maps and Google Assistant without needing to connect the car to an Android phone, Reuters reported. Porsche was in close contact with several companies following the end of its cooperation with Volkswagen AG (OTC: VWAGY) Cariad unit on… Source link

Google is finally rolling out emoji reactions to people using Google Meet for video calls starting today. The company said that this feature will be first available on iOS and the web with Android support coming soon. The search giant first announced this feature last year, but it is reaching users just now. Users can click or tap on the smile icon on the bottom pane to post a reaction emoji — with support for different skin tones — on the video call. When… Source link

Google is making Meet more social with a new feature called in-meeting reactions. The idea is that users can send one of nine emoji reactions, including 💖👍 and 😂, which will appear on the recipient’s window and be visible to all in the meeting. If multiple users send emojis, they’ll appear as a burst on the left side of your screen.  To use the function, you select the smile icon in the control bar, and can hover on the bar that pops up to select the skin tone of your choice for… Source link

Alphabet the parent of search-engine Google, is cutting jobs at its healthcare and robotics units as the latest round of technology-sector layoffs gathers pace. Verily Life Sciences, is letting go of 200 employees, affecting some 15% of roles at the company, and Intrinsic, a robotics software company is laying off 40 employees. Both divisions are within Alphabet’s (ticker: GOOGL) Other Bets unit. The cuts were reported by… Source link

A version of this article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Thursday, January 12, 2023 Today’s newsletter is by Myles Udland, Head of News at Yahoo Finance. Follow him on Twitter @MylesUdland and on LinkedIn. Read this and more market news on the go with Yahoo Finance App. The final consumer price index of 2022 is due out Thursday morning, and is expected to show prices rose 6.5% over the… Source link