Tag Archives: Wrong

Russia invaded Ukraine Thursday, shelling key strategic targets.Vadim Zamirovsky/AP Morgan Stanley Wealth Management CIO Lisa Shalett said the Russia-Ukraine conflict will keep markets in risk-off mode for weeks. She said a rapidly-changing situation often results in a flight out of risk assets, but this isn’t a good strategy in the longer run. Russia invaded Ukraine on Thursday in the region’s largest military operation since World War 2. Financial markets have been roiled this week after… Source link

Zoom Video Communications (ZM) broke a 7-year winning streak in 2021. Before Zoom, every business Yahoo Finance selected for Company of the Year delivered a positive stock return during the following 12 months. All but once, those stocks outperformed the S&P 500. Zoom shares, however, have fallen 46% so far this year, the first losing performance since Disney was our debut Company of the Year in 2013. We’re not apologizing—and we doubt Zoom investors are complaining, either. Zoom was our Source link

Credit: Unsplash/CC0 Public Domain Google and the Russian search engine Yandex are not necessarily reliable sources of health-related information. Often the small text snippets that appear as previews of search results contain inaccurate or insufficient information. Information on home remedies and so-called alternative treatments is particularly problematic, according to researchers from the… Source link

This police camera video provided by The Moab Police Department shows Brian Laundrie talking to a police officer after police pulled over the van he was traveling in with his girlfriend, Gabrielle “Gabby” Petito, near the entrance to Arches National Park on Aug. 12, 2021. The couple was pulled over while they were having an emotional fight. Petito was reported missing by her family a month later and is now the subject of a nationwide search. The Moab Police Department via AP Aan attorney… Source link

China’s Evergrande saga is troubling, and it could definitely signal coming ruptures in China’s real estate and financial markets. But suggesting it’s a “Lehman moment” gets the magnitude wrong and distorts some important lessons form the financial crash of 2008. If anything, the giant property developer poised to default on billions in debt is a “Bear Stearns moment,” a distinction that clarifies what might be similar to the 2008 crash, and what might be different. Here’s a… Source link

President Donald Trump signs an executive order to withdraw the U.S. from the 12-nation Trans-Pacific Partnership (TPP) trade pact agreed to under the Obama administration in the Oval Office of the White House in Washington, January 23, 2017. (AP Photo/Evan Vucci, File) Remember the Trans-Pacific Partnership? A few years back, the TPP morphed form a wonky trade deal among the United States and 11 other Pacific nations into a litmus test of fealty to the American working class. As a 2016… Source link

Hedge fund manager Mark Spitznagel, the founder of $11 billion “Black Swan” hedge fund Universa Investments, says investors have been getting risk mitigation wrong from the start. “Our goals are even wrong. And really, we have Modern Portfolio Theory to thank us for this. But it’s just kind of a heuristic of investing that you need to take more risk in order to get higher returns, in order to get more wealth at the end of the day. And as you take less risk, your returns are going to go down,”… Source link

Since Google launched its self-driving car project in 2009, the biggest challenge has been one of technology: can it be safe enough to deploy at scale? That dispute is over. Google’s project, now branded Waymo, has experienced only minor incidents — about once every 210,000 miles — since 2019 when it began operating a driverless service in Phoenix, Arizona. Cruise, its GM-backed rival, received a permit last month to begin commercial operations in its home city, San Francisco. Both… Source link

Tesla (TSLA) CEO Elon Musk recently spoke out regarding the energy consumption of bitcoin (BTC-USD) and other cryptocurrency mining operations, questioning the sustainability of current levels of power consumption and emphasizing the importance of adopting renewable energy sources.  However, Don Vo, CEO of VBit Technologies, told Yahoo Finance Live that he believes Musk is wrong about the issue. “I think Elon Musk is wrong, or maybe he’s just setting up a story for his front and his future… Source link

Google has been sharing incorrect instructions on contact tracing through its Covid-19 “common questions” feature, advising some users that they can stop self-isolating when NHS rules say the opposite. The flaw is the latest example of Google incorrectly parsing information from websites and trying to present a simple answer to keep users from clicking away from the search engine. The company has pledged that it will now fix the advice after a government request to do so. British Google… Source link