Tag Archives: hitting

The pandemic is finally hitting big tech — two years later

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

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 »

Which beaten down stocks should I buy for the juiciest upside? Here are 3 high-growth tech ideas hitting fresh 52-week lows

Which beaten down stocks should I buy for the juiciest upside? Here are 3 high-growth tech ideas hitting fresh 52-week lows

Which beaten down stocks should I buy for the juiciest upside? Here are 3 high-growth tech ideas hitting fresh 52-week lows “Be fearful when others are greedy and greedy when others are fearful.” Of all of investing legend Warren Buffett’s memorable quotes, that’s probably his most famous. But it’s a lot easier said than done. When stocks are soaring, everyone wants a piece of the action. Meanwhile, the down-and-out stocks rarely get a second look. After the market rebounded from the… Source link

Read More »

Here’s where inflation is hitting the hardest

Here’s where inflation is hitting the hardest

March’s Consumer Price Index (CPI) report was released by the Bureau of Labor Statistics Tuesday morning, and as expected, it wasn’t pretty. Total inflation increased by 8.5% on an annual basis in March, higher than both consensus estimates of 8.4% as well as February’s showing of 7.9%. Much of the increase was driven by gains in the energy sector, which in turn was fueled by high gasoline prices. “Increases in the indexes for gasoline, shelter, and food were the largest contributors… Source link

Read More »

Hitting the Books: Raytheon, Yahoo Finance and the world’s first ‘cybersmear’ lawsuit

A company’s public image is arguably even more important to its bottom line than the product they produce and very much not something to be trifled with. Would Disney be the entertainment behemoth it is today if not for its family-friendly facade, would Google have garnered so much goodwill if not for its “don’t be evil” motto? Nobody’s going to buy your cars if they think the company is run by some “pedo guy.” With the scale of business that modern tech giants operate at and the amounts of… Source link

Read More »

Why Hawaii ‘hitting the pause button’ on travel is turning heads

Hawaii was the summer poster child of what a U.S. travel rebound could look like, but now it’s quickly turning into what could be a nightmare fall. As Hawaii’s Lieutenant Governor Josh Green explained to Yahoo Finance Thursday, a 14-fold spike in COVID-19 infections since July and a surge in hospitalizations has led the Aloha state to “hit the pause button on travel to Hawaii until October.” “As a physician, I’m seeing the impact on our hospitals. Our hospitals are now full in the state of… Source link

Read More »

Google launches Android 12 beta 4, hitting the platform stability milestone – TechCrunch

Google has now taken another step toward the public release of the latest version of the Android operating system, Android 12. The company today released the fourth beta of Android 12, whose most notable new feature is that it has achieved the Platform Stability milestone — meaning the changes impacting Android app developers are now finalized, allowing them to test their apps without worrying about breaking changes in subsequent releases. While the updated version of Android brings a… Source link

Read More »

Chris Brown accused of hitting woman in Los Angeles, police say

Grammy-winning singer Chris Brown was accused of hitting a woman during an argument in a Los Angeles home on Friday, authorities said. A spokesperson for the Los Angeles Police Department told NBC News Tuesday that officers responded to a report of an argument at a residence in the 19600 block of Citrus Ridge Drive in the San Fernando Valley area of Los Angeles. The incident is being investigated as a battery and will be referred to the Los Angeles City Attorney’s Office, according to the… Source link

Read More »

Bitcoin Rebounds After Hitting Lowest Level Since March

(Bloomberg) — Bitcoin rallied back Monday as investors took advantage of the lowest levels in seven weeks to pile back in. The largest cryptocurrency rose as much as 13% to above $54,000, the biggest intraday gain since early February. The move comes as JPMorgan Chase & Co. is preparing to introduce an actively managed Bitcoin fund to some clients as soon as this summer, Coindesk reported, citing unidentified people familiar with the matter. The rebound reverses a two-week slump that had… Source link

Read More »