Tag Archives: Expected

Google Pays Record Privacy Settlement as Lawsuits are Expected to Rise

Google Pays Record Privacy Settlement as Lawsuits are Expected to Rise

In what is considered the largest privacy-related settlement in history, Google will pay $391.5 million to 40 states to settle an investigation by 40 state attorneys general.  The bipartisan coalition of attorneys general alleged that Google misled users into believing that opting out of sharing their location data prevented the company from tracking users’ locations.  But even when users opted out of location tracking, researchers confirmed that Google… Source link

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Homebuyers are having a ‘come to Jesus’ moment as mortgage rates now top 7% — here’s when things are expected to get better

Homebuyers are having a ‘come to Jesus’ moment as mortgage rates now top 7% — here’s when things are expected to get better

Homebuyers are having a ‘come to Jesus’ moment as mortgage rates now top 7% — here’s when things are expected to get better The rate on America’s most popular home loan has topped 7% for the first time in 20 years as the housing market faces a potentially lengthy slowdown. Rapidly rising mortgage rates have taken a toll on home buying, and forecasts show continued weakness into 2023. Home sales and new listings have hit record lows since the early days of the pandemic, and more than… Source link

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Alphabet (Google) Expected to Report Earnings Slide

Alphabet (Google) Expected to Report Earnings Slide

Key Takeaways Analysts estimate EPS of $1.25 vs. $1.40 in Q3 FY 2021. Google Cloud revenue is expected to rise year over year but at the slowest pace in at least four years. Revenue is expected to rise but at a slower pace compared to recent quarters. Alphabet (Google) Inc. (GOOGL), the third-largest tech company by market capitalization, will probably report a third straight quarter of earnings declines and slowing revenue growth for the third quarter of 2023 amid a challenging ad… Source link

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Stock futures sink as inflation report comes in hotter than expected

Stock futures sink as inflation report comes in hotter than expected

U.S. stock futures fell Thursday after inflation data showed that consumer prices climbed more quickly than expected. S&P 500 futures (^GSPC) fell 1.54% while futures on the Dow Jones Industrial Average (^DJI) ticked down 1.10%. The technology-heavy Nasdaq Composite (^IXIC) down by 2.50%. The 10-year treasury yield were back above 4%. The Bureau of Labor Statistics released its Consumer Price Index (CPI) for September early Thursday, which showed prices rose 8.2% over the prior year and 0.4%… Source link

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