Tag Archives: isnt

What does Warren Buffett like in a stock? You could put a solid business moat high on the list. High returns on invested capital (ROIC) would be up there, too, as would an outstanding management team. And we can’t leave out an attractive valuation. Google parent Alphabet (GOOG 0.69%) (GOOGL 0.63%) checks off all of those boxes and dominates its core search market. It’s a strong challenger in others, as well, notably including cloud hosting. Alphabet’s ROIC consistently trounces the levels… Source link

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 Monday, December 19, 2022 Today’s newsletter is by Brian Sozzi, an editor-at-large and anchor at Yahoo Finance. Follow Sozzi on Twitter @BrianSozzi and on LinkedIn. Read this and more market news on the go with Yahoo Finance App. So there I am on Super Saturday — the final big shopping day before Christmas — at my local Target. My first two… Source link

LUSAIL, Qatar — Lionel Messi began his ride off into soccer’s golden sunset with teammates streaming across the field. He’d just scored the goal that Hollywood had scripted, in the 108th minute of a manic World Cup final, his last game on soccer’s biggest stage. Limbs flailed all around him. Friends mobbed him. An ear-splitting roar filled the Lusail Stadium. It crescendoed again as Messi wound up for an undercut pump of his right fist, and louder still as he spun to all sides of the… Source link

Google executives reportedly told employees they don’t think chatbots are ready to replace search. Employees asked execs if failing to launch a chatbot like OpenAI’s ChatGPT is a “missed opportunity,” CNBC reported.  Alphabet’s CEO and Google’s head of AI said the company has a greater “reputational risk” than startups like OpenAI. … Source link

Inflation is expected to have slowed again last month, though price increases facing U.S. consumers remain near 40-year highs — even as the Federal Reserve raises interest rates at the fastest pace in decades. The Bureau of Labor Statistics’ November Consumer Price Index (CPI) is scheduled for release at 8:30 a.m. ET on Tuesday. Economists surveyed by Bloomberg expect headline prices rose 0.3% over the prior month and 7.3% over last year. In October, inflation rose 0.4% over the prior month… Source link

There’s not a realistic scenario in which Lamar Jackson doesn’t make a lot of money playing football for the rest of his career. There might be 10-15 truly good NFL quarterbacks this season, and at his best Jackson is one of the best in the game. The “Jackson’s-bet-on-himself-is-a-loser” takes you’ll hear over the next week will be overstated and premature. He’ll get paid. The Washington Commanders made a trade this past offseason so they could pay Carson Wentz $22 million this season. So,… Source link

Grayscale Investments filed its first brief last week in its legal battle with the Securities and Exchange Commission over the agency’s refusal to let it convert its bitcoin fund into an exchange-traded fund. In an interview Monday for Yahoo Finance’s All Markets Summit, Grayscale CEO Michael Sonnenshein says that the litigation transcends its own attempts to launch a spot bitcoin ETF. “We really feel that this lawsuit isn’t about bitcoin,” Sonnenshein told Yahoo Finance’s… Source link

When President Biden brags about 10 million new jobs created since he took office, he’s got a legitimate claim to success. No other president comes close to matching his record on jobs. The problem for Biden is that high inflation and weak income gains undercut the remarkably strong labor market of the last two years. Biden crossed the 10 million–jobs threshold with the employment report for September, when the U.S. economy created 263,000 new jobs. That brings the total number of new… Source link

Apple (AAPL) is pulling away from iPhone 14 production, retreating from plans to increase manufacturing by 6 million units, according to a report by Bloomberg. Apple hasn’t confirmed the report, but if true, this would put Apple’s iPhone production in line with last year, at about 90 million units. Still, a potential pullback is major news. The iPhone is Apple’s hero product, and its sales accounted for 52% of Apple’s 2021 revenue, so the stakes are high. However, the pullback likely… Source link

Grab your tiniest violin: Google, once known for its lavish work perks, is slashing its fun budget. Employees can no longer jet off on as many jollies as they used to and are going to have to dramatically scale back their Christmas parties. The cost-cutting hasn’t gone down well with Google staff, who confronted the CEO, Sundar Pichai, at a recent company-wide meeting. Why was Google “nickel-and-diming” them, Pichai was asked, when the company “had record profits and huge cash… Source link