Tag Archives: Surge

With COVID cases surging, companies are backing out of attending CES in person. Sarah Tew/CNET … Source link

The Cincinnati Bengals are one of the few teams in the league that have managed to stay mostly healthy amid an NFL-wide COVID-19 surge. As of Wednesday afternoon, the Bengals had just one player on their reserve/COVID-19 list. Quarterback Joe Burrow has a pretty good reason why that is — though southwest Ohio residents may not be too happy with it. “Fortunately, there’s not a ton to do in Cincinnati,” he said Wednesday, via ESPN. While a small market town like Cincinnati doesn’t have… Source link

The dream of seeing the best hockey players on the planet play with and against each other is dead once again. After NHL insider Chris Johnston reported on Tuesday that the league and players officially agreed to withdraw from the 2022 Beijing Olympics — confirming what ESPN’s Emily Kaplan and others reported the previous two days — the news became officially official on Wednesday. The NHL and NHLPA had until Jan. 10 to opt out without facing any kind of financial penalty. Multiple… Source link

Some haywire moves higher in money-losing electric vehicle makers such as Rivian and Lucid hint at the stock market forming an unhealthy bubble, argues Matt Maley, Miller Tabak chief markets strategist.  “It’s just a sign of an unhealthy stock market,” Maley said on Yahoo Finance Live. That may be an understatement.  While Rivian’s stock price (RIVN) plunged 15% to close at $146.07 on Wednesday, shares at one point on Tuesday were more than double the company’s IPO pricing of $78 from last… Source link

U.S. airlines expect a surge of international travelers when the United States reopens to fully vaccinated visitors Monday. The Biden administration announced the new guidelines in September and set Nov. 8 as the day the borders open. “Delta (DAL) has seen a 450% increase in international point-of-sale bookings versus the six weeks prior to the announcement,” the airline stated in a press release that predicts many international flights will be 100% full and stay that way for several… Source link

Amazon (AMZN) reported third-quarter sales and earnings results that missed Wall Street’s estimates, reflecting a growth deceleration after the pandemic stoked a surge in online shopping last year and earlier in 2021.  The company also flagged that it would see additional costs as a result of supply chain challenges in the fourth quarter. Shares dropped by more than 4% in late trading.  Here were the main metrics from Amazon’s report, compared to consensus estimates compiled by Bloomberg:

The brand logo of Alphabet Inc’s Google is seen outside its office in Beijing, China, August 8, 2018. Picture taken with a fisheye lens. REUTERS/Thomas Peter Oct 26 (Reuters) – Google owner Alphabet Inc (GOOGL.O) on Tuesday beat expectations for third-quarter revenue, a positive sign that its advertising business is overcoming new limits on tracking mobile users and sending its shares up slightly. Through its search engine, YouTube video service and partnerships across the Web, Google sells… Source link

Investors are chowing down on shares of newly minted publicly traded hot dog chain Portillo’s.  Shares of Portillo’s (PTLO) — a Chicago-founded outfit with a cult-like following across nine states — exploded more than 50% as investors ate up the stock on its first day of trading on Thursday.  “While we are a 58-year-old company, we are still infants when it comes to our growth inflection point,” Portillo’s CEO Michael Osanloo said on Yahoo Finance Live. Osanloo isn’t kidding when he said… Source link

President Joe Biden touted the country’s progress in the fight against COVID-19 this week as new cases decline and vaccination rates rise. But despite the recent progress, health officials are warning that the pandemic is far from over, even with the Delta variant in retreat, saying Americans should brace for another wave this winter. “It’s just a matter of time before we have another surge,” Dr. Murtaza Akhter, University of Arizona College of Medicine-Phoenix Emergency Physician told… Source link

Google has warned of a surge in activity by government-backed hackers this year, including attacks from an Iranian group whose targets included a UK university. The search group said that so far in 2021 it had sent more than 50,000 warnings to account holders that they had been a target of government-backed phishing or malware attempts. This represents an increase of a third on the same period last year, Google said in a blogpost, with the rise attributed to an “unusually large campaign”… Source link