There are so many games over the course of a college football weekend that some slip through the cracks and others require further examination the next day. Before we turn the page to Week 10, here’s a closer look at some of the most interesting outcomes of Week 9. Kentucky’s loss to Tennessee on Saturday was miserable for the Wildcats. The UK offense couldn’t do anything and the offense’s 205 yards highlighted an alarming trend in big games. Kentucky QB Will Levis has been hailed by… Source link
Read More »Google Cloud’s 5 Big Earnings Takeaways: Hiring, Workspace, Mandiant
Cloud News Mark Haranas October 27, 2022, 01:44 PM EDT Here are the five biggest takeaways from Google Cloud’s third-quarter earnings results this week around Google’s hiring strategy in 2023, Workspace momentum and Google CEO Sundar-Pichai’s long term investment in its cloud business.
Read More »Stocks futures up slightly ahead of big earnings week
U.S. stocks started the week wavering as Wall Street awaits earnings from the market’s biggest players. The S&P 500 (^GSPC) edged higher 0.4%, while the Dow Jones Industrial Average (^DJI) ticked up 0.5%. The technology-heavy Nasdaq Composite (^IXIC) slid by nearly 0.1% at the open. Treasury yields retreated after a relentless climb last week that saw the 10-year note temporarily hit a 14-year high above 4.3%. On Friday, the Wall Street Journal reported that some Federal Reserve officials… Source link
Read More »Snap stock is crashing again — 3 big problems still lurk: Analyst
The disappearing stock price for Snap continues after another challenging quarter. Shares of the social media platform crashed 25% in pre-market trading on Friday as third quarter sales marked the fifth straight quarterly deceleration. Profits were also lackluster as Snap continued to blame an advertising slowdown and Apple privacy changes for the execution missteps. Here’s a snapshot of Snap’s dismal numbers: Net Sales: $1.13 billion vs. $1.14 billion estimate Daily Active Users: 363 million… Source link
Read More »The pandemic is finally hitting big tech — two years later
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, Oct. 19, 2022 The pandemic rubber band is hitting the tech industry. Microsoft (MSFT) made headlines this week when reports emerged that it slashed nearly 1,000 jobs, making it the latest tech giant to respond to economic turmoil. The company characterized its layoffs as “structural… Source link
Read More »The pandemic is finally hitting big tech — two years later
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, Oct. 19, 2022 The pandemic rubber band is hitting the tech industry. Microsoft (MSFT) made headlines this week when reports emerged that it slashed nearly 1,000 jobs, making it the latest tech giant to respond to economic turmoil. The company characterized its layoffs as “structural… Source link
Read More »Stocks rally ahead of big Q3 earnings week
U.S. stocks soared early Monday as investors assembled for a big week of corporate earnings. The S&P 500 (^GSPC) rallied 2.1% at the start of the session, while the Dow Jones Industrial Average (^DJI) gained nearly 500 points, or 1.7%. The technology-heavy Nasdaq Composite (^IXIC) surged 2.6%. Special programming: Check out Yahoo Finance’s 9th Annual Yahoo Finance All Markets Summit from 9 to 5 ET. The moves come after a roller coaster week on Wall Street that saw the S&P 500 log its… Source link
Read More »Google Cloud’s 5 Big New Partnerships: Accenture, ServiceNow, HCLTech
Cloud News Mark Haranas October 14, 2022, 11:40 AM EDT Here are five of the most important new partnerships Google Cloud formed this week at Google Cloud Next 2022. … Source link
Read More »Core US Inflation Rises to 40-Year High, Securing Big Fed Hike
(Bloomberg) — Sign up for the New Economy Daily newsletter, follow us @economics and subscribe to our podcast. Most Read from Bloomberg A closely watched measure of US consumer prices rose by more than forecast to a 40-year high in September, pressuring the Federal Reserve to raise interest rates even more aggressively to stamp out persistent inflation. The core consumer price index, which excludes food and energy, increased 6.6% from a year ago, the highest level since 1982, Labor Department… Source link
Read More »Rivian announces big recall; Tesla Hits sales record in China: EV roundup
EV (electric vehicle) stocks are on the move today as third quarter earnings season approaches. Here are two big stories that have investors’ attention. Rivian announces a big recall Rivian (RIVN) shares are sliding today after the electric adventure truckmaker announced it would recall all of the vehicles it has produced thus far due to a safety issue. The recall affects around 13,000 vehicles Rivian has delivered to customers. The safety concern at issue is a nut that attaches the front… Source link
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