Tag Archives: Disappointing

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 Tuesday, Oct. 25, 2022 Today’s newsletter is by Sam Ro, the author of TKer.co. Follow him on Twitter at @SamRo. Read this and more market news on the go with Yahoo Finance App. This week, we’ll get Q3 earnings announcements from some big names including Microsoft (MSFT), Alphabet (GOOG, GOOGL), Meta Platforms (META), Apple (AAPL), and Amazon ( Source link

We’re a little more than a month into the college football season and some teams with massive preseason expectations have already been major disappointments. Here are 10 teams in particular who have fallen well short of what their fan bases were hoping to this point in the season. Oklahoma Brent Venables hasn’t been able to make much of an impact on Oklahoma’s leaky defense. The Sooners were torched for 668 yards in an embarrassing 55-24 loss to TCU on Saturday. It marked the second… Source link

Shares of Amazon (AMZ) dropped after the company revealed a revenue forecast that missed analyst estimates as consumers curb online spending in the face of economic uncertainty and a return to in-person activities. The company also reported a loss on its investment in electric-vehicle maker Rivian Automotive. Amazon was the last of Big Tech names to unveil quarterly earnings this reporting season. The tech behemoth’s cloud-computing platform Amazon Web Services (AWS) was a bright spot… Source link

YANQING, China — Mikaela Shiffrin spent her darkest moments of a dark Olympics staring into a spotlight. At the base of the “Ice River,” the ski slope that felled her, again and again, she’d hop from one television camera to the next, and bare her soul. She’d laugh and cry and probe, searching for proper words, exploring the intricacies of failure. Many people would rather anguish in private. Shiffrin, who anguished more than most at these Games, broadcast her emotional… Source link

Tesla could be leaving a lot of money on the table over the next decade if it can’t get a $25,000 electric vehicle to market. “Expanding into lower price volume segments will be critical to support the company’s growth outlook as we move into the middle part of the decade,” said Guggenheim analyst Ali Faghri in a research note Thursday.  On Wednesday, Tesla CEO Elon Musk shot down the potential for a $25,000 car this year as it focuses resources on the rollout of full-self driving… Source link

Perhaps the most appropriate reaction to the miserable jobs report Friday was “Oh,” tweeted by Pantheon economist Ian Shepherdson. As the U.S. economy has shown signs of ramping up, consensus expectations for the April jobs numbers were high. But instead of the 1,000,000 new payrolls expected, only 266,000 new jobs were posted. A whopping miss. Now, the unemployment rate is 6.1% instead of the expected 6.0%, and last month’s jobs numbers were revised downwards as well, to 770,000 from… Source link

Berkshire Hathaway Vice Chairman Charlie Munger gave his views about Robinhood, zero-commission trading, and the GameStop frenzy on Wednesday. Speaking at the Q&A portion of the annual meeting of the Daily Journal, a technology and publishing company where Munger is also executive chairman, the 97-year-old held little back, impugning the no-commission business model as “a dirty way to make money.” When asked about the GameStop trading frenzy that unfolded in January, Munger said his views… Source link