Tag Archives: remains

PC demand remains a challenge, though AI computers are coming

PC demand remains a challenge, though AI computers are coming

HP Inc. CEO Enrique Lores says the stage is set for a recovery in PC demand later this year, even if the outlook for the first half of 2024 looks mixed at best. “Demand has slowed down in commercial,” Lores told Yahoo Finance Live on Wednesday, but he expects growth to return for the PC market in the second half of the year. Lores’s near-term caution in part reflects continued demand challenges in the computer and printer markets. Laptop shipments fell 16% month over month in January, according… Source link

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Austin impact remains unclear as Google continues layoffs in 2024

Austin impact remains unclear as Google continues layoffs in 2024

Google, which has a significant Austin presence, is planning even more job cuts this year following a tumultuous 2023 with several rounds of layoffs. The tech giant has repeatedly slashed jobs since January 2023, when the company said it would cut about 6% of its workforce, or 12,000 jobs. Google confirmed the newest layoffs to the American-Statesman in a statement Monday, saying the company is “responsibly investing” in its biggest priorities and opportunities, but positions may be cut on… Source link

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FedEx stock remains vulnerable to ‘recessionary headwinds’: analyst

FedEx stock remains vulnerable to ‘recessionary headwinds’: analyst

FedEx remains at risk of laying several more earnings eggs in 2023, especially if the U.S. enters a recession, warns one Wall Street analyst. “FedEx pre-announced and lowered guidance in mid-September, with its earnings release and conference call one week later focused on cost controls amid a softer volume backdrop, particularly in its international business,” EvercoreISI Jonathan Chappell wrote in a note on Monday. “Although we expect most of these cost levers to be pulled, eventually… Source link

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Canadians confident about financial literacy skills; investing remains a gap: Yahoo/Maru poll

Canadians confident about financial literacy skills; investing remains a gap: Yahoo/Maru poll

Less than half of respondents to a new Yahoo/Maru poll said they feel very confident in their financial literacy of stocks and bonds. A new survey shows many Canadians feel they have a sufficient level of financial literacy despite acknowledging that investing is still one major area they don’t understand. Seventy per cent of respondents to a new Yahoo poll, conducted by Maru Public Opinion, reported feeling confident in their financial literacy skills and have a “thorough understanding” or… Source link

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Beer remains recession resistant: Constellation Brands CEO

Beer remains recession resistant: Constellation Brands CEO

Premium-priced Corona and Modelo beers are darn near recession resistant, contends Constellation Brands CEO Bill Newlands. “Consumer demand has been very strong,” Newlands said on Yahoo Finance Live. “We have the benefit in this industry in this category of being somewhat recession resistant And we have seen no slowdown at a consumer level of purchasing against our brands.” To Newlands’ point, Constellation’s beer business — led by brands Corona, Modelo and Pacifico — outshined its wine… Source link

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Shaedon Sharpe suffers injury in NBA debut, remains the biggest mystery among rookies

Shaedon Sharpe suffers injury in NBA debut, remains the biggest mystery among rookies

LAS VEGAS — It had been eight months and 20 days since Shaedon Sharpe played in a competitive basketball game. Sharpe was the No. 1 player coming out high school, joined Kentucky for the second semester and didn’t play a single game. He was the biggest mystery in the 2022 NBA draft and despite his long hiatus from the court, the Portland Trail Blazers selected Sharpe with the seventh overall pick. “After not playing for so long, I’m just looking forward to playing and competing at the… Source link

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Phil Mickelson remains upbeat after tough start to his LIV Golf career

Phil Mickelson remains upbeat after tough start to his LIV Golf career

NORTH PLAINS, Ore. — As Phil Mickelson approached the tee box Thursday for his first shot on U.S. soil as a member of the LIV Golf Invitational Series, a fan asked: “How you doing, Phil?” “Awesome,” he replied. The face of LIV Golf has been all smiles this week at Pumpkin Ridge Golf Club, accommodating fans asking for his trademark thumbs up sign or looking for a fist bump. And his mood didn’t change Friday even after a second consecutive 75 that has him at 6-over for the first two… Source link

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