Tag Archives: problems

The disappearing stock price for Snap continues after another challenging quarter. Shares of the social media platform crashed 25% in pre-market trading on Friday as third quarter sales marked the fifth straight quarterly deceleration. Profits were also lackluster as Snap continued to blame an advertising slowdown and Apple privacy changes for the execution missteps. Here’s a snapshot of Snap’s dismal numbers: Net Sales: $1.13 billion vs. $1.14 billion estimate Daily Active Users: 363 million… Source link

Tesla (TSLA) “is a solution” to the economy’s turmoil, says Ark Invest CEO Cathie Wood. “We think with supply chain issues, and with [the] food and energy crisis … that once again, innovation is going to help solve these problems,” said Wood during an exclusive interview with Yahoo Finance Live. “There’s been an accelerated consumer preference towards electric vehicles, like Tesla, because of oil prices. And we think there’s no stopping that trend now,” she said. The investment firm’s ARK… 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 Friday, September 16, 2022 Today’s newsletter is by Julie Hyman, anchor and correspondent at Yahoo Finance. Follow Julie on Twitter @juleshyman. Another day, another tumble in tech stocks. The disproportionate shellacking the sector has suffered recently has raised questions about why, exactly, technology is seemingly so vulnerable to rising… Source link

Sheila Bair is former FDIC chair and senior fellow, Center for Financial Stability. President Biden has finally made a decision about student debt cancellation, going significantly beyond the $10,000 in forgiveness that he embraced as a presidential candidate. Of the 43 million borrowers eligible for his plan, 27 million Pell grant recipients will qualify for $20,000 of relief, with the remainder qualifying for $10,000. Conservative estimates put the cost at about a half trillion dollars. But… Source link

Sharks’ projected Opening Night roster has good, bad problems originally appeared on NBC Sports Bayarea What will the Sharks’ Opening Night lineup look like? Here’s a way-too-early guess – considering that we’re still two months away from the Sharks’ season opener against the Nashville Predators on Oct. 7 in Prague, Czech Republic. Trades and free agent signings still are possible for San Jose. But right now, the Sharks have a couple of good problems: Too many NHL-caliber forwards and… Source link

This story is part of a Recode series about Big Tech and antitrust. Over the last several weeks, we’ve covered what’s happening with Apple, Amazon, Microsoft, Meta, and Google. There’s a new Big Tech antitrust bill in town, and this one is especially painful for Google. A group of lawmakers led by Sen. Mike Lee (R-UT) introduced the Competition and Transparency in Digital Advertising Act on Thursday. This bipartisan and bicameral legislation would forbid any company with more than… Source link

FILE – This March 19, 2018 file photo shows the Google app on an iPad in Baltimore. (AP Photo/Patrick Semansky, File) Editor’s note: This story has been updated to correct the nature of the security issues identified. (NEXSTAR) – Google warned billions of users last week that the security of its internet browser, Chrome, may have been compromised. As a result, Google said it would be released a new version of Chrome with 29… 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

The trend toward more “nearshoring” to alleviate the global supply chain chaos is not new but is increasingly important, according to Deloitte Vice Chairman of US Industrial Products & Construction Leader Paul Wellener. Nearshoring is “bringing things closer to the marketplace or bringing things back into the US marketplace. And those were trends that were starting well before the pandemic got started and really changed the way we think about supply chains,” Wellener told Yahoo Finance (video… Source link

Imagine if your old trig worksheets stepped in to help you out when you were stumped on a question. That’s Practice Sets, the newest Google Classroom tool, in a nutshell. Google Classroom, for folks who went to school before the internet was everything, is a widely used gaggle of web tools that allows teachers to post assignments, students to submit them, and teachers to return them online. With Practice Sets, not only will teachers be able to send out problem sets, but they’ll be… Source link