Tag Archives: part

The tail end of first quarter earnings season has brought two clear investor desires — more cash and less inventory — to the fore. Tech companies are scrambling to gather the former while retailers are stuck with too much of the latter. And in their own way, each industry is telling the market that a paradigm shift brought on during the pandemic has turned into a passing phase of this economic cycle. Dick’s Sporting Goods (DKS) became the latest retailer to report bloated inventories on… Source link

U.S. stocks continued a steep selloff on Thursday after disappointing earnings reports from Target and Walmart affirmed fears over inflation, which remains close to its highest level in 40 years. In a recent interview with Yahoo Finance, hedge fund founder Josh Friedman acknowledged that Federal Reserve Chair Jerome Powell is currently doing a good job of trying to “wring out” this sky-high inflation. Still, he suggested that the Fed may have stoked inflation with its response to the… Source link

Netflix (NFLX) hates me. I’m one of the estimated 100 million users who stream shows and movies thanks to a shared password. Specifically, I glom onto my parents’ account. And I’ve done it for years. I do the same with Hulu (DIS) and HBO Max thanks to my parents, again, and my in-laws, respectively. In return, I pay for YouTube TV, Google’s (GOOG, GOOGL) cable alternative. I also share my Spotify, Disney+, and anime streaming service Crunchyroll accounts with family and friends. I’m… Source link

(Bloomberg) — The U.S. bond market is hurtling toward the clearest sign yet that the Federal Reserve’s shift into a hawkish gear is making a difference — a real 10-year interest rate higher than 0%. Most Read from Bloomberg While all Treasury yields have climbed this year as the Fed began what’s expected to be an aggressive series of rate increases aimed throttling high inflation, in the past two weeks the baton has been passed to inflation-protected notes and bonds. Their yields are… Source link

In free agency, the Minnesota Vikings signed edge rusher Za’Darius Smith, but the work is not done! While they have spoken about wanting to get a Danielle Hunter extension done, neither Hunter nor Smith are a guarantee after this season. On tonight’s show, Yahoo Sports’ Eric Edholm joins the show to discuss the edge class in-depth. How good is it at the top? How deep is it? When should the Vikings take an edge? Find out tonight on The Real Forno Show at 8 central! After that, we… Source link

When you are searching online for some of the remotest islands on the planet, it helps to get the name right. But a row has broken out over the labelling of the Chagos Islands on Google maps. The UK maintains that it still holds sovereignty over what it terms British Indian Ocean Territory (BIOT) – one of the smallest of red dots on the traditional cartographic globe. But Mauritius, which has been recognised as legitimate owner of the archipelago in a series of international court judgments… Source link

Sen. Mark Kelly of Arizona joined with fellow Democratic Senator Jon Ossoff of Georgia last week to lay down a marker on when their colleagues on Capitol Hill should be able to trade stocks. Never, they say. The two Senators proposed the most aggressive option so far to ban stock trading not just by lawmakers but also by members of their immediate family: the Ban Congressional Stock Trading Act, which would confiscate a lawmaker’s entire salary if they break the rules.  In an interview with… Source link

For a dozen years, Matthew Stafford watched the NFL’s playoff carnival go off either without him, or with his role limited to bit player. He threw for 49,995 regular-season yards and 282 touchdowns for the Detroit Lions but had virtually nothing tangible (other than a lot of money, of course) to show for it. Three meager wild-card appearances. Three losses by an average of 13.7 points. There was lots of couch time watching not just great quarterbacks play in, and win, big games, but even… Source link

Cybersecurity breaches are at a high watermark, and so any company serious about expanding its credibility and business in enterprise IT has to continue investing in tackling it. To that end, Google is kicking off the new year by stepping up its operations in cloud-based and enterprise security. Today the company confirmed that it has acquired Siemplify, an Israel-based cybersecurity startup that specializes in end-to-end security services for enterprises, typically referred to as… Source link

Walmart “flexed its muscles” in an inflationary environment with a solid third quarter out on Tuesday, says Jefferies analyst Stephanie Wissink.  But the world’s largest retailer also posed in front of fierce rival Amazon (AMZN) by adding a significant number of new third-party sellers to its Walmart.com business. Walmart (WMT) said it added about 21 million new items to its online marketplace in the third quarter.  Growing its marketplace business to take on Amazon’s dominant position has… Source link