(Bloomberg) — Alphabet Inc. is falling amid renewed fears that the Google owner’s missteps in artificial intelligence are putting its search business at risk. Most Read from Bloomberg The stock dropped as much as 4.4% Monday following last week’s pause of a Google image generation feature that drew criticism over inaccurate historical depictions of race. Alphabet shed more than $70 billion from its market value. Problems with AI tools may fuel the perception that Google is “an unreliable… Source link
Read More »Stocks flat ahead of renewed debt talks: Stock market news today – Yahoo Finance
[unable to retrieve full-text content]Stocks flat ahead of renewed debt talks: Stock market news today Yahoo Finance Source link
Read More »Megan Rapinoe pondered retirement, then found ‘renewed joy and passion’ in new USWNT role
There were times when Megan Rapinoe wondered whether she was finished. There were days when rehab got arduous, and rewards seemed distant, and scary thoughts stewed. “Do I even want to do this?” Rapinoe wondered as she battled a string of vexing injuries this past spring. “Do I even want to play anymore?” She’d been playing for three decades, from the boundless fields of Palo Cedro, California, to sport’s biggest stages. She’d trained daily and performed regularly, relishing the… Source link
Read More »Google fights renewed bid to depose execs in U.S. antitrust case
The logo for Google LLC is seen at the Google Store Chelsea in Manhattan, New York City, U.S., November 17, 2021. REUTERS/Andrew Kelly Register now for FREE unlimited access to Reuters.com Register Google lawyers question “improper second (or third) bite at the apple” DOJ attorneys say new round needed after Google only recently turned over some docs (Reuters) – Lawyers for Alphabet Inc’s Google LLC on Tuesday questioned the U.S. Justice Department and state plaintiffs’ bid to conduct new… Source link
Read More »Renewed concerns about inflation has the Fed triggered
This post was originally published on TKer.com. It’s a bear market. On Monday, the S&P 500 tumbled 3.9% to close at 3,749.63. That put the index down 21.8% from its January 3 all-time closing high of 4,796.56. This was the first time the S&P closed down by at least 20% from its high, confirming that we’ve been in an official bear market. By the end of the week, the S&P had fallen to 3,674.84, down 23.4% from its high. Historically, bear markets have come with more pain. According to Howard… Source link
Read More »Stock futures slide amid renewed recession concerns
U.S. stock futures fell Thursday morning as investors weighed the potential economic costs of the Federal Reserve’s ongoing fight with inflation. Contracts on the S&P 500 fell by more than 2% in early trading, reversing course after rising 1.5% on Wednesday. Contracts on the Nasdaq declined by more than 2.5%, and Dow futures sank by more than 500 points, or 1.8%. The 10-year Treasury yield rose to about 3.44%, hovering near its highest level since 2011. Stocks, which moved initially to the… Source link
Read More »Stock market news live updates: Stocks end mixed as tech shares come under renewed pressure: Nasdaq drops 1.2%
U.S. stocks ended mixed on Monday, with equities struggling for direction as concerns over the growth outlook persisted amid elevated inflation. The S&P 500 ended a choppy session lower, dropping 0.4% to close at 4,008.01.The Nasdaq dropped by 1.2% to end at 11,662.79, as mega-cap technology companies including Apple (AAPL) fell and dragged the index lower. The Dow Jones Industrial Average closed slightly higher to reach 32,223.42. U.S. crude oil prices (CL=F) erased earlier losses and rose… Source link
Read More »‘Renewed optimism’ Kyrie Irving could rejoin Nets
There is “renewed optimism” that All-NBA guard Kyrie Irving could rejoin the Brooklyn Nets in some capacity at some point this season, according to The Athletic’s Shams Charania. Whatever that means. Either Kyrie Irving, the Nets organization or the entire city of New York will have to budge for the 29-year-old seven-time All-Star to play for a team that would be a heavy favorite to win a championship with him on it. Irving has refused to cooperate with the city’s COVID-19 vaccine mandate for Source link
Read More »Stock futures decline amid renewed virus, growth concerns
Stock futures headed toward a lower open Monday morning, with lingering concerns over the growth outlook at least temporarily outweighing optimism over a strong second-quarter earnings season. Dow futures dropped more than 100 points, or 0.4%, in early trading. The S&P 500 and Nasdaq also pointed toward a lower open. The three major indexes each set record closing highs on Friday, shaking off a sell-off at the start of last week as worries over the Delta variant increased. Cyclical stocks… Source link
Read More »Offering free childcare and beer, Biden makes renewed push for July 4 vaccination goal
WASHINGTON — With just over a month left for the White House to reach its goal of having 70 percent of Americans either fully or partially vaccinated by the July 4 holiday, President Biden announced new measures to galvanize the nationwide inoculation effort. June will be a “national month of action,” the president said, with some pharmacies remaining open all night on Fridays to administer shots and childcare centers waiving fees for parents going for their vaccinations. “America is… Source link
Read More »