The tech industry’s poor performance will bleed into 2023

The tech industry’s poor performance will bleed into 2023

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, Dec. 14, 2022 Big Tech’s pain doesn’t end at midnight on New Year’s Eve The year is nearly over, and the last few days of 2022 can’t come soon enough for Big Tech. In the past 12 months, the industry went from having a sense of euphoria, with companies like Apple (AAPL) reporting… Source link

Read More »

DraftKings, FanDuel, Yahoo DFS Projections — Three-Game Slate

DraftKings, FanDuel, Yahoo DFS Projections — Three-Game Slate

Claim your $100 ETR Coupon Create a new account with BetMGM and you will receive a $100 coupon to apply towards any ETR subscription. Click here for more details and other Sportsbook signup offers. Below you will find our projections for every player in Saturday’s 3-game slate. You can sort by salary, projection, ceiling, ownership or value. The value column is determined by comparing a player’s projection to their salary-based expectation — we think $/point rankings… Source link

Read More »

NBA DFS picks: Yahoo plays for Wed., Dec. 14

NBA DFS picks: Yahoo plays for Wed., Dec. 14

Anfernee Simons’ high-percentage shooting makes him an appealing player for Wednesday’s matchup against the Spurs. We have our usual robust Wednesday night slate on tap, as 10 games are on the docket. There are several advantageous positional matchups to exploit and a good trio of candidates that may be best to steer clear of due to a combination of circumstances/salary.  Guards Terry Rozier, CHA vs. DET ($33): Rozier continues to be a linchpin for the Hornets amid many injuries, and… Source link

Read More »

NBA DFS Picks: Yahoo plays and strategy for Wed., Dec. 14

NBA DFS Picks: Yahoo plays and strategy for Wed., Dec. 14

Terry Rozier and the Charlotte Hornets host the Detroit Pistons in one of the first matchups of the night at 7 p.m. ET. There will be no shortage of action across the NBA, with 10 games on the schedule Wednesday. One team to keep an eye out for is the Warriors, who will be playing the second game of a back-to-back set when they face the Pacers in Indiana. Given how they previously handled back-to-back sets, we could see multiple starters sit out. The Kings will also be playing for the second… Source link

Read More »

Stocks sink after Fed hikes, Powell gives hawkish outlook

Stocks sink after Fed hikes, Powell gives hawkish outlook

U.S. stocks fell in volatile trading Wednesday after the Federal Reserve delivered its seventh and final interest rate increase of 2022 and Chair Jerome Powell asserted in hawkish remarks that further tightening is underway. The central bank lifted its key policy rate by half a percentage point, slowing the pace from hikes of 75 basis points across the prior four meetings. The move brings the federal funds rate to a new range of 4.25% to 4.5%, the highest level since December 2007. The S&P 500… Source link

Read More »

Federal Reserve raises interest rates by 0.50% in final meeting of 2022

Federal Reserve raises interest rates by 0.50% in final meeting of 2022

The Federal Reserve raised short-term interest rates Wednesday by a half percentage point, slowing down its pace of rate hikes from this summer’s torrid clip. The rate hike brings the Fed’s benchmark policy rate, the federal funds rate, to a new range of 4.25%-4.5%, the highest level since December 2007. Wednesday’s 50 basis point rate hike comes after the Fed raised rates by 75 basis points at each of the past four policy meetings — its most aggressive stretch since the 1980s. “Recent… Source link

Read More »

Retail investors pile into Tesla as shares remain under pressure

Retail investors pile into Tesla as shares remain under pressure

Individual investors piled into Tesla (TSLA) on Tuesday, seeing the recent drawdown in shares of the electric vehicle giant as a dip-buying opportunity for their favorite stock. Tesla was the most popular buy among retail traders in Tuesday’s session, according to data from VandaTrack — even as the company missed out on a rally across the broader indexes following a lighter-than-expected inflation report. Shares of Tesla slid 4.1% on Tuesday to close around $161, while the S&P 500, Dow, and… Source link

Read More »

Google December 2022 Link Spam Update Rolling Out Now

Google December 2022 Link Spam Update Rolling Out Now

Google confirms an update to its spam detection system, called the December 2022 link spam update, is rolling out now and will take up to two weeks to complete. Today, with our December 2022 link spam update, we’re leveraging the power of SpamBrain to neutralize the impact of unnatural links on search results. The update launches today & will take about two weeks to rollout. Learn more: https://t.co/ACO2Ut8wmi — Google Search Central (@googlesearchc) December 14, 2022 What’s In… Source link

Read More »

Republican-led states call for Apple, Google to increase age rating for TikTok

Republican-led states call for Apple, Google to increase age rating for TikTok

Fifteen Republican state attorneys general sent letters to the CEOs of Apple and Google on Wednesday demanding they increase their age ratings for the TikTok app. State governments have increasingly taken aim at the video-hosting platform for its ties to Beijing and the mature content on it. The letters argue that the app’s “Teen” rating in the Google Play Store and “12+” rating in the Apple App Store are deceptively low. “We’ve known for a long time how TikTok… Source link

Read More »