The men’s portion of Wimbledon will begin Monday with one very notable absence. Eight-time Wimbledon champ Roger Federer will not take part in the event. Federer, 40, is still recovering after undergoing knee surgery last year. Federer had surgery on his right knee shortly after participating in Wimbledon 2021. That knee has caused issues for Federer in the past. He underwent two surgeries on his right knee in 2020. He also had surgery on his left knee in 2016. In March, Federer said his most… Source link
Read More »Stanford researcher isn’t worried about Google’s ‘sentient’ chatbot
First came HAL-9000 and The Terminator. Now, Google’s LaMDA chatbot? Last week, Google suspended an engineer for breaching the company’s confidentiality policy, after he publicly revealed his conviction that the search giant’s AI chatbot LaMDA had achieved sentience. It opened the door for plenty of jokes — and nervous laughter — about the deadly sentient computers that have been part of popular culture for decades, from “2001: A Space Odyssey” to “The Terminator.” But you don’t have to… Source link
Read More »Gas prices over $5 a gallon isn’t the stock market’s only problem
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, June 13, 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. Many times in my career in financial markets, I’ve been able to spot trainwrecks before they happen. The trade-off for devoting every waking second to studying markets, the human beings… Source link
Read More »Deshaun Watson lawyer says ‘happy ending’ isn’t criminal
Content warning: This post contains depictions of alleged sexual misconduct. Cleveland Browns quarterback Deshaun Watson is still being investigated by the NFL after being accused of sexual misconduct by 23 women. With that investigation ongoing, Watson’s lawyer, Rusty Hardin, did a radio interview with Sports Radio 610 and explained why he believes Watson did not commit any crimes. Hardin signed off during the interview by attempting to explain why a “happy ending” was not a crime. His… Source link
Read More »A late-May rally in stocks isn’t cause for investor celebration just yet
If you managed to sleep through May or simply avoided your brokerage app, congratulations. You might be sitting on some gains despite the major averages punishing investors with gut-wrenching drops of up to 10% at the month’s lows. When the dust settled, the S&P 500 (^GSPC) finished fractionally higher while the Dow (^DJI) inched up just 13 points. The Nasdaq Composite (^IXIC) lost just over 2.1% in May. A six-day rally to close the month of May stemmed the hemorrhaging, but reality still… Source link
Read More »College sport’s transfer portal fix isn’t easy
College sports’ current issues with the transfer portal stem from an old adage: pigs get fat, hogs get slaughtered. If you listen to some coaches and administrators right now, they are being slaughtered by players who can transfer a single time without having to sit out a season and, in turn, the boosters and coaches at opposing schools enticing them to move with promises of money and playing time. Whether this proves to be a real problem — or just a lot of howling in the face of change —… Source link
Read More »Warren Buffett just said he doesn’t own bitcoin because ‘it isn’t going to do anything’ — he’d rather own these 2 tangible assets instead
Warren Buffett just said he doesn’t own bitcoin because ‘it isn’t going to do anything’ — he’d rather own these 2 tangible assets instead Despite its recent pullback, bitcoin has soared by more than 2,000% over the past five years. But while the world’s largest crypto coin has clearly hit the mainstream, one prominent investor remains critical of the opportunity: Warren Buffett. At the Berkshire Hathaway annual shareholders meeting on Saturday, Buffett said that while he… Source link
Read More »GameStop’s Ryan Cohen isn’t the second coming of Warren Buffett: top analyst
GameStop Chairman Ryan Cohen has a long way to go before being mentioned in the same breath as investing legend Warren Buffett. At least that’s the hot take from top Wall Street analyst Anthony Chukumba of Loop Capital Markets, who famously dropped coverage of GameStop in early 2021 amid the meme stock frenzy. “I am not taking anything away from Ryan Cohen. He has at least three zeros in his net worth more than I do. He founded this company Chewy and sold it for a gazillion dollars. But let’s… Source link
Read More »Epic isn’t satisfied by Google’s app store billing stunt
Google announced on Wednesday that it would test letting Android developers use their own billing systems in their apps, the first step in what could lead to a dramatic reshaping of the app economy. However, Epic Games, which has been a strong proponent for opening app marketplaces and sued Google after the search giant removed Fortnite from Google Play for including direct payments, still isn’t happy. It plans to continue advocating for an app ecosystem that offers more choices,… Source link
Read More »Oil at ‘$150 isn’t outside the realm of possibility’: energy trader
Oil at $150 a barrel is not “outside the realm” of possibilities, says one energy trader. “It’s hard to take anything off the table right now. Russia is starting to retaliate with its own response to U.S. sanctions, whether that’s demanding payments in rubles or potentially not allowing crude to flow through a very prominent pipeline through Kazakhstan,” Rebecca Babin, senior equity trader for CIBC Private Wealth, told Yahoo Finance Live. “As we’ve seen this escalate in ways that were very low… Source link
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