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Delta Air Lines reported record revenue in the third quarter, and CEO Ed Bastian attributed the “tremendous demand” to business performance to a shift of consumer dollars from goods to services. “Consumers are prioritizing investing in themselves, experiences and services, rather than buying things” Bastian told Yahoo Finance. Comparing the Q3 report to consensus estimates compiled by Bloomberg: Adjusted net income: $966 billion (including a $35 million impact from Hurricane Ian) vs $994… Source link

(Reuters) -BlackRock Inc posted a smaller-than-expected drop in quarterly profit on Thursday as strong demand for exchange-traded funds and other low-risk products cushioned the hit to fee income from a global market rout. The threat of a recession, rapidly rising interest rates and the Ukraine crisis have slammed both bonds and stocks this year, keeping investors on the back foot in a blow to businesses such as BlackRock. The company’s assets under management (AUM) dropped 16% year-on-year to… Source link

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, October 13, 2022 Today’s newsletter is by Jared Blikre, a reporter focused on the markets on Yahoo Finance. Follow him on Twitter @SPYJared. Read this and more market news on the go with Yahoo Finance App. Wall Street awaits this morning’s consumer price index release for September with bated breath despite the overall song remaining the… Source link

The American League takes center stage Thursday with Game 2 of both Division Series. The day will start off with the Astros hosting the Mariners, who couldn’t hold a late lead in Game 1. The Mariners will try to even things up behind Luis Castillo, who was their main addition at the trade deadline. The second game of the night has the potential to be a great pitching matchup between Nestor Cortes Jr. and Shane Bieber when the Yankees look to go up 2-0 on the Guardians. However, there is rain… Source link

Google announced that their live search conferences are back, with the first event already scheduled for November 2022. More conferences are promised to be held around the world and will be announced on Google’s Search Central Live page and on the official Search Central Twitter account. Google promised: “Before you buy your transcontinental plane ticket, keep in mind that we do plan to have more of these events in the future, and some might be closer to your base. Stay tuned for these… Source link

It’s a busy Thursday in the NHL with 10 games and after tonight, only Detroit, St. Louis and Winnipeg will have yet to play a regular-season game. It’s the second game of back-to-back contests for Chicago, Colorado, Seattle, Toronto and Washington, so be careful in rostering tired players. Below, you’ll find suggested options for crafting an effective lineup. GOALIE Ilya Samsonov, TOR vs. WAS ($25): Samsonov gets his first start for the Maple Leafs and, lo and behold, he faces the team that… Source link

The Week 6 NFL main slate begins Sunday at 1:00 p.m. EDT and features 11 games. The Lions, Raiders, Texans and Titans will all be on bye, notably taking a few exploitable defenses out of the mix. Additionally, the Thursday Night Football (Commanders-Bears), Sunday Night Football (Cowboys-Eagles) and Monday Night Football (Broncos-Chargers) matchups will be excluded from the Sunday main slate. Yahoo will be running plenty of NFL DFS contests for Week 6, but the biggest is the Sunday Baller,… Source link

Though it’s been available for the iPhone for months, Truth Social is now listed in Google’s app marketplace for the first time. Axios first reported Wednesday that Truth Social, former President Trump’s social network, cleared the necessary hurdles to get approval from Google. The app became available on Android shortly after and is now live in the Play Store, extending its reach to Google’s mobile operating system. Axios reported back in August that Google opted to block Truth… Source link

The Pixel 7 Pro looks to keep up Google’s newfound momentum in top-flight smartphones, offering a powerful camera and AI features for significantly less money than Apple or Samsung. The Pixel 7 Pro costs £849 ($899/A$1,299) – the same as the firm’s top 2021 phone – while competing with devices costing north of £1,100. It leads Google’s phone line for 2022, which includes the smaller £599 Pixel 7 and £349 Pixel 6a. From the front, the Pixel 7 Pro looks very similar to its… Source link

Google is rolling out a way to utilize first-party data to deliver more personalized ads via Display & Video 360 without third-party cookies. A new solution called Publisher Advertiser Identity Reconciliation, or PAIR, reconciles first-party data for audiences who have visited both an advertiser’s and a publisher’s site. Previously, it wasn’t easy to use both data sets in a privacy-safe way, as it would involve publishers sharing user information directly with advertisers. Now,… Source link