The spike in oil prices — crude rose as high as $112.51 per barrel Wednesday — won’t cause too much turmoil in emerging markets, according to one veteran investor. Because of the globe’s reduced reliance on fossil fuel generally, and oil as an energy source specifically, emerging-market economies should be able to weather the surge. “The good news regarding oil prices is that these emerging markets have lots of alternatives now,” Mark Mobius, founding partner at Mobius Capital… Source link
Read More »Corporate America’s strong earnings into 2022 is good news for stocks: strategist
Central bank jitters and intensifying geopolitical tensions have pummeled equity markets in recent weeks and sent the S&P 500 into correction territory Tuesday for the first time in two years. But despite a turbulent start to 2022, strong earnings momentum remains a tailwind for stocks. The S&P 500 Index is on pace to beat the consensus estimate for earnings per share at $208 as companies finish logging fourth-quarter results. The figure is 22% higher than the EPS of $170 analysts had… Source link
Read More »Samsung’s Galaxy S22 phones push Google Messages and the good news of RCS
A lot more people might be about to start using Rich Communication Services (RCS), the new messaging standard that has had a long and messy rollout, as Google’s Messages app looks to be the new messaging default for newer Samsung devices. While the Galaxy S21 lineup shipped with Samsung Messages by default last year in the US, 9to5Google noticed its Galaxy S22 Plus review unit had Google Messages set as the default when set up from scratch, and that’s the case with The Verge’s… Source link
Read More »Google Calendar’s ‘Appointment Schedule’ Is Good, Not Great
Appointment Slots, the corporate offering, looks dated compared to Appointment Schedule. It’s also much less configurable—you can’t add custom question fields, for example, and there’s no way to automatically add a video call. So, to review: Individual Google users, basically anyone with an @gmail.com email address, can pay to upgrade to Google Workspace Individual. This includes the Appointment Schedule feature, which compares reasonably well with Calendly. Business Google users,… Source link
Read More »TCL 6-Series Google TV review: a great Mini LED TV at a good price
TCL’s first Google TVs were supposed to be a triumphant flex for the second most popular TV manufacturer in the US. Long known for its easy-to-use Roku TVs, TCL has been trying to push the message that it’s adopting a platform-agnostic approach and will offer sets with software from either Roku or Google. (The company has already released many Android TV models internationally.) So with the latest update to its 6-Series — model name R646 — TCL set out to blend its best TV… Source link
Read More »‘The good old days may be gone’
The streaming wars are intensifying — and Netflix is bearing the brunt of the battle. Shares of Netflix (NFLX) plunged more than 20% in trading Friday after the company reported fourth quarter results Thursday that reflected weakening subscriber additions — a key metric for investors that serves as an indication of its ability to grow, especially amid a backdrop of a rising number of formidable competitors. Netflix accumulated 8.3 million subscribers in the three-month period ended… Source link
Read More »Big banks ready themselves for Fed rate hikes — which could be good and bad
The Federal Reserve hasn’t done anything with interest rates yet, but bank earnings released Friday show that the mere anticipation of a pullback in easy money policies is weighing on the industry. On Friday, three of the nation’s four largest banks reported earnings covering the final quarter of 2021: JPMorgan Chase (JPM), Citigroup (C), and Wells Fargo (WFC). At Wells Fargo, bread-and-butter loans and strong expense management made the San Francisco-based bank the only stock winner among… Source link
Read More »Marcus Freeman could change Notre Dame for good
The first official recruit of Marcus Freeman’s coaching career, junior college linebacker C.J. Malauulu, transferred to Kent State in 2011. Malauulu soon realized he drastically underestimated the seismic culture shift that comes with moving from Southern California to Northeast Ohio. Malauulu showed up on a winter recruiting trip dressed in slippers and shorts, the wind chill welcoming him to a new world. When seeking a burrito after arriving, he was stunned when teammates directed him to… Source link
Read More »Hedge fund veteran cites ‘quite good’ news for the S&P 500
The S&P 500 is showing its strength amid concerns over the Omicron variant of COVID-19 casting a shadow over markets, morale, and hospitals this holiday season. Despite the uncertainties caused by this latest chapter of the pandemic, the index’s large caps are doing much better than their smaller counterparts, hedge fund veteran Nicholas Colas pointed out on Monday in the DataTrek newsletter. The returns since Nov. 24, when the variant first was reported to the World Health Organization,… Source link
Read More »Brandon Staley’s Joey Bosa decision for Chargers is good
In a perfect world, Brandon Staley will be the coach the Chargers franchise has been searching for for nearly its entire existence. He’ll finally get the team back to the Super Bowl, and even win it. It may not happen this year, especially since it’s been over 30 years since a rookie head coach won the Super Bowl, and George Seifert’s 49ers still had Joe Montana and Jerry Rice. It may not happen next year. But if Staley has success, it will hopefully lead to the NFL — a league that has a… Source link
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