[unable to retrieve full-text content]Google Cloud boss Kurian’s rocky path to profit: ‘We were not in a very good situation’ CNBC Source link
Read More »Google Cloud boss Kurian's rocky path to profit: 'We were not in a very good situation' – CNBC
What should investors focus on after a rocky quarter? It’s all about earnings: Morning Brief
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 30, 2022 Today’s newsletter is by Julie Hyman, anchor and correspondent at Yahoo Finance. Follow Julie on Twitter @juleshyman. It’s the end of the third quarter, and it’s been a bumpy ride for investors. After a two-month, 17% rally for the S&P 500, the index headed downslope, wiping out its June lows this week. The… Source link
Read More »DeepMind co-founder leaves Google after a rocky tenure.
Mustafa Suleyman, a pioneer in the field of artificial intelligence, is leaving Google to join the venture capital firm Greylock Partners. The departure of Mr. Suleyman, who was Google’s vice president of product management and policy for artificial intelligence, closes a tumultuous tenure at the company. He joined Google in 2014 when the search giant acquired DeepMind, a cutting-edge artificial intelligence research lab, in a deal valued at $650 million. The deal demonstrated the value of… Source link
Read More »Peloton’s Earnings Report Is the Latest Blow in Rocky Year
(Bloomberg) — Peloton Interactive Inc. tumbled Friday after delivering a disappointing sales outlook, the latest setback in a year marked by product recalls and waning consumer interest. The at-home fitness company disclosed other unwelcome news in its earnings report late Thursday, including that it’s cutting the price of its most popular bike, a move aimed at broadening its customer base but one that will also hurt its bottom line this year. Peloton also said it found a problem with the… Source link
Read More »A rocky start to a new year: Morning Brief
TipRanks 3 Stocks Trading at Rock-Bottom Prices; Analysts Say ‘Buy’ A new year, a new addition to the stock portfolio – what can make more sense than that? The right time to buy, of course, is when stocks are priced at the bottom. Buying low and selling high may be a bit hackneyed, but it’s true, and truth has staying power.But the markets are up. The NASDAQ rose 43% in 2020, and the S&P 500 showed a gain of 16%. With a market environment like that, finding stocks that are caught in… Source link
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