Investors are starting to get very nervous about the market’s near-term direction, and it shows in their actions. “Russia/Ukraine drives fund manager cash levels to highest since April 2020 (COVID), global growth optimism to lowest since Jul’08 (Lehman),” said Michael Hartnett, Bank of America chief investment strategist, in the latest survey of managers from the bank. The details behind the report are ugly. Hartnett notes growth expectations among fund managers is at a 14-year low. The… Source link
Read More »Google’s Sundar Pichai Just Announced a $100 Million Educational Fund. It Might Mean the Beginning of the End for College.
A few days ago, Sundar Pichai announced a $100 million Google Career Certificates fund. It’s got nothing to do with college education, and instead, focuses on giving up-and-coming data analytics, IT, project management, and UX design students the tactical tools needed to start their careers with a bang. It follows in a long line of similar efforts by coding bootcamps across the country and online educational portals like Udemy and Coursera. To all of this I say: Thank goodness. Now, I’m… Source link
Read More »Europe’s Move Against Google Analytics Is Just the Beginning
Because Google could access data in plain text, the data wasn’t protected from potential surveillance, the body’s decision says. “This transfer was found to be unlawful because there was no adequate level of protection for the personal data transferred,” says Matthias Schmidl, the deputy head of the Austrian data regulator. He adds that website operators cannot use Google Analytics and be in line with GDPR. At the moment, the decision applies only in Austria and isn’t final…. Source link
Read More »Europe’s Move Against Google Analytics Is Just the Beginning
And this is just the beginning. When noyb filed the complaint against NetDoktor in August 2020, it also filed 100 other cases with other data protection authorities across Europe. “It’s not specific to Google Analytics. It’s basically about outsourcing to US providers in general,” Schrems says. Regulators in 30 European countries are currently investigating the other cases, which cover both the use of Google Analytics and Facebook Connect, the company’s tool to link your account to… Source link
Read More »The rally in Coca-Cola’s stock is just beginning: analyst
The rally in Coca-Cola’s stock (KO) is just beginning, said one closely watched beverage analyst on Wall Street. “We see the company exiting FY21 transition year stronger for four reasons: 1) strong emerging markets despite still low vaccination rate, 2) on-premise recovering faster than originally forecasted, 3) restructuring and portfolio rationalization led to a more focused and agile organization, and 4) gross margin benefiting from incidence model. In addition, the valuation is… Source link
Read More »Doctor sees ‘beginning of a wave’ as winter looms
COVID-19 cases are rising in a number of U.S. states ahead of the holiday season, and it’s prompting warnings of a coming winter wave, as health care officials point to rising cases in Europe as a sign of what’s to come in the United States. “Sadly, I do think that we’re at the beginning of a wave,” said Dr. Taison Bell, assistant professor of medicine in the divisions of Infectious Diseases and International Health and Pulmonary and Critical Care Medicine at University of Virginia,… Source link
Read More »‘We really are not even in the beginning stages’ of the tech crackdown, short-seller says
Beijing’s latest moves to crackdown on various sectors in the Chinese economy is spooking some investors, and one short seller believes that this is simply the start. “I know the bulls wanted to say: ‘It’s just going to be the education stocks,’ and then it was the crackdown on gaming,” short seller Dan David told Yahoo Finance Live (video above). In the last few months, the Chinese government under President Xi Jinping has started tightening regulations across various sectors such as… Source link
Read More »Delta variant fears are beginning to slow spending in key areas
Increased public focus on the Delta variant has coincided with slowed spending in key sectors, according to a JPMorgan (JPM) Research report by senior economist Jesse Edgerton and economist Peter McCrory. “COVID case counts are still growing rapidly, even in highly-vaccinated states,” the report reads. “Google (GOOG, GOOGL) search data suggest that public focus on the Delta variant has intensified in recent weeks, and Chase card spending in some travel and entertainment categories has… Source link
Read More »Workers are quitting at historic rates — and the ‘leap of faith’ trend may just be beginning
Jamaica Blair finally quit her teaching job in April, demoralized by the low wages, insufficient staffing, and most recently the challenges from the pandemic. She wants to be a chef, a career decision that took a long time to make. “Last year, I really wanted to leave, but I guess I became complacent. I was too afraid to leave,” Blair, 26, told Yahoo Money. “This is the first time I actually took the leap of faith.” Blair joins the 4 million workers who quit their jobs in April, a… Source link
Read More »A Delta pilot discovered a note inside a plane that a fellow pilot left at the beginning of the pandemic
The note left by First Officer Chris Dennis in a Delta plane parked at the Victorville Airport. Delta Air Lines A Delta first officer discovered an early-pandemic letter left by a fellow pilot on a parked aircraft. The note, which was written in March 2020, predicted there would be “light … at the end of the tunnel.” “Amazing how fast it changed,” First Officer Chris D. wrote more than 400 days ago. Visit Insider’s homepage for more stories. As the world starts to creep back to normality after… Source link
Read More »