Tag Archives: months

After being delayed for months, Google is finally rolling out its personalized profiles for Google TV “over the next few weeks.” Announced in October, Google TV profiles will make it simpler for multi-watcher households to navigate content by giving people access to individualized recommendations, watchlists, and Google Assistant responses. Google has been expanding Google TV to make it less of a single-storefront experience for household members who prefer different content. Just… Source link

Gas prices hit record highs on Friday, as consumers are grappling with soaring inflation. With oil prices still well above $100 per barrel, drivers are unlikely to see much relief at the pump for now. “May is usually when the futures market in gasoline tends to peak. But this May has brought particular mayhem, if you will.” Tom Kloza, OPIS head of energy analysis, told Yahoo Finance. The continuation of the Russian invasion of Ukraine is expected to keep oil prices high, he said. “I think… Source link

U.S. stocks have had a rough start to the year after a standout 2021—and if history is any guide for what’s to come, things could get even worse from here. The S&P 500, which returned nearly 27% to investors last year, has been dragged down more than 15% year to date by rising interest rates, geopolitical tensions, persistent inflation, and a number of other bearish factors. The big question on most investors’ minds: How much further will stocks drop? Bank of America’s chief investment… Source link

Getty Images; Chris Ratcliff | Bloomberg | Getty Images Shares of Amazon and Google parent Alphabet just closed out their steepest monthly drops since the 2008 financial crisis. The internet giants both reported weaker-than-expected quarterly results this week, hurt by a combination of macroeconomic factors, the war in Ukraine and tough comparisons to blowout numbers during the pandemic. Amazon tumbled 23.8% in April, its biggest decline since falling 25.4% in November 2008, the same month… Source link

Markieff Morris has returned from what has somehow become one of the NBA’s most controversial injuries. The Miami Heat forward appeared in his first game since Nov. 8 on Saturday, playing 17 minutes and recording six points. He played several minutes down the stretch in a close fourth quarter, with the Heat eventually losing 113-104 to the Minnesota Timberwolves. It had been a long wait for Morris, who sustained whiplash from a run-in with Denver Nuggets center Nikola Jokic. The injury… Source link

President Vladimir Putin (R) and Yandex CEO Arkady Volozh visit the Yandex headquarters in Moscow TASS via Getty Images Arkady Volozh, the tech entrepreneur behind Yandex—the Russian equivalent to search engines like Google and Yahoo—has seen the value of his stake in Russia’s top tech giant fall by over 60% since last Thursday, the day Putin attacked Ukraine. Volozh himself lost more than $400 million that day, as Russia’s wider business community… Source link

With shares of newly minted IPO Allbirds (BIRD) down a whopping 50% from their highs on Nov. 3, Morgan Stanley says it’s time to go shopping for the stock.  “Valuation appears compelling, at ~4 times consensus 2023 estimated EV/Sales compared to its ~10 times post-IPO high and peers with comparable revenue growth at 5 times plus. Tempered valuation makes for an attractive entry point, particularly as an opportunity for BIRD [exists] to accelerate revenue growth to 28% in 2022 estimated from… Source link

Costco (COST) could be nearing its first increase in membership fees in some five years.  “We believe we are now 8-9 months away from a likely membership fee increase, a historical catalyst for the shares. As is well known, Costco has increased its annual membership fee every five and a half years by $5-10. On this timetable, the next hike would come in August-September 2022. The Gold Star fee would go to $65 from $60 while the Executive membership would move to $130 from $120,” said… Source link

This week saw two key pieces of economic data: the lowest number of jobless claims since September 1969 and the highest inflation since June 1982. Jared Bernstein, longtime economic aide to President Biden, was keen to drop some trivia on the more flattering number, noting “‘Honky Tonk Woman’ by the Rolling Stones was topping the charts” the last time jobless claims were this low. What was left unmentioned was that “Ebony and Ivory” was the most popular song the last time inflation… Source link

The newest Yahoo Finance Company of the Year award winner Microsoft may not be done enriching shareholders, contends bull Dan Ives of Wedbush.  “I think they clearly can hit,” said the widely followed tech analyst on whether Microsoft will hit a $3 trillion market cap in early 2022. Ives rates Microsoft shares at Outperform with a $345 12-month price target.  Microsoft’s stock presently trades at $322 a share. At a market value of $2.42 trillion, Microsoft is only 23% shy of reaching the $3… Source link