Tag Archives: Warning

Stocks tumbled Friday morning, deepening a sell-off across U.S. equity markets that placed all three major averages on pace for a weekly loss. The moves came as traders weighed an ominous warning from FedEx about the global economy. The S&P 500 slid 1.2% at the start of trading as the Dow Jones Industrial Average shed 350 points, or 1.1%. The technology-heavy Nasdaq Composite led losses, plunging 1.6%. FedEx (FDX) withdrew its full-year guidance late Thursday and delivered messaging around its… Source link

FedEx (FDX) withdrew its full year earnings guidance and reported preliminary first quarter results that fell short of Wall Street estimates, sending shares tumbling in extended trading on Thursday. “Global volumes declined as macroeconomic trends significantly worsened later in the quarter, both internationally and in the U.S.” FedEx CEO Raj Subramaniam warned in the release. “We are swiftly addressing these headwinds, but given the speed at which conditions shifted, first quarter results… Source link

Cincinnati Reds outfielder Aristides Aquino entered MLB with a historic torrent of home runs, but his calling card these days can be located in his throwing arm. [It’s fantasy football season: Create or join a league now!] During the Reds’ game against the Philadelphia Phillies on Wednesday, Aquino unleashed one of the most impressive throws in MLB this year on what should have been an RBI double for Phillies catcher J.T. Realmuto. With Rhys Hoskins at first base, Realmuto hit a long fly ball… Source link

If Walmart’s second quarter sales trends in electronics are any indication, Best Buy could announce a dud of a quarter and outlook in a few short weeks. In Walmart’s earnings release on Tuesday, the world’s largest retailer cited “softness” in electronics at its Walmart U.S. division. And at Sam’s Club U.S., sales fell by a high-single digit percentage in the tech, office, and entertainment category. Walmart CFO John David Rainey struck a cautiously optimistic tone on the state of the U.S…. Source link

Gmail is the world’s most popular email provider, with almost 2BN users, and a big reason for that is its spam filter. For nearly 20 years, Gmail has succeeded where rivals have struggled in keeping spam where it belongs. But now Google risks undoing all that good work. In June, an Axios report revealed Google’s intention to allow emails from political campaigns to bypass Gmail’s spam filter. The decision was met with widespread public scorn. Still, Google persisted, and now the… Source link

The red-hot PC market is rapidly slowing after surging during the COVID-19 pandemic, and powerhouse chip players AMD and Intel are feeling the financial pain. “We have taken a more conservative outlook on the PC business,” AMD CEO Dr. Lisa Su said on an earnings call late Tuesday. “So a quarter ago, we would have thought that the PC business would be down, let’s call it high-single digits [percentage]. And our current view of the PC business is that it will be down, let’s call it mid-teens… Source link

Multiple new high-level threats have been found in Google Chrome LIGHTROCKET VIA GETTY IMAGES Having found a fourth zero-day flaw in Chrome earlier this month, Google has reported fixes for multiple new Chrome vulnerabilities. Millions of users worldwide now need to update their browsers. The company revealed 11 security fixes, including five for vulnerabilities it classifies as carrying a ‘High’ threat level. Chrome users running Windows, macOS and Linux are all… Source link

Following inflation data showing worse-than-expected price increases in June, bond markets are now flashing signs of deeper investor concerns about recession. On Wednesday, the U.S. 10-year note yield slipped as much as 0.21% lower than the yield on the 2-year, the largest negative spread between the two securities since 2000. A yield curve inversion, in which short-dated bonds yield more than longer-dated ones, shows a reversal in typical risk attitudes, as investors usually expect more… Source link

07/11 Update below. This post was originally published on July 9 Google has confirmed a bizarre new bug affecting all Gmail users, where the service issues a sender warning for every email received. Here’s everything you need to know. The bug first struck on Thursday, with Gmail attaching a security notice reserved for suspect emails to everything that arrives in a recipient’s inbox. On Friday, Google subsequently confirmed that the problem had spread more widely than first believed and… Source link

07/12 Update below. This post was originally published on July 9 Google has confirmed a bizarre new bug affecting all Gmail users, where the service issues a sender warning for every email received. Here’s everything you need to know. The bug first struck on Thursday, with Gmail attaching a security notice reserved for suspect emails to everything that arrives in a recipient’s inbox. On Friday, Google subsequently confirmed that the problem had spread more widely than first believed and… Source link