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January 2024 saw the most layoffs in more than 10 years

noemail@noemail.org (TheStreet) — Sat, 3 Feb 2024 12:48:27 GMT

TheStreet's J.D. Durkin brings the latest business headlines from the floor of the New York Stock Exchange as markets close for trading Thursday, February 1.

Full Video Transcript Below:

J.D. DURKIN: I’m J.D. Durkin - reporting from the New York Stock Exchange. Here’s what we’re watching on TheStreet today.

Stocks were in the green to close out today's session. The Dow closed up over 350 points, the Nasdaq closed up 1.3 percent, and the S&P closed 1.2 percent higher. This comes as investors continue to react to the Fed holding interest rates steady while indicating that a March rate cut would be unlikely. Markets are now pricing in a 38 percent chance of a rate cut in March.

Separately, investors are looking ahead to the January jobs report out Friday. Wall Street is expecting the U.S. economy to have added 176,500 jobs last month, with the unemployment rate rising to 3.8 percent.

In other news - we know that layoffs have been top of mind in the business world to start 2024, but now we know just how bad it's been. According to a new report by global outplacement firm Challenger, Gray, and Christmas - layoffs in January increased by 136 percent from the month prior. In total, 82,307 workers were let go by U.S.-based employers in the first month of the year, marking the highest number of January layoffs since 2009.

In addition to questions around interest rates and 2024 being an election year, the report says these layoffs are also driven by "broader economic trends and a strategic shift towards increased automation and AI adoption in various sectors, though in most cases, companies point to cost-cutting as the main driver for layoffs."

The financial sector saw more layoffs than any other industry with 23,238 workers laid off. That was followed by the tech sector with almost 16,000 layoffs, and the food production industry which had roughly 6,660 workers let go.

When asked why employees were being laid off, restructuring was the number one response given by employers. And if you’re worried about AI coming for your job, keep in mind that artificial intelligence was blamed for less than one percent of the January layoffs.

That’ll do it for your daily briefing. From the New York Stock Exchange, I’m J.D. Durkin with TheStreet.

10 Adorable DIY Valentine Box Ideas for Kids (or Kids at Heart)

noemail@noemail.org (Apartment Therapy| Saving the world, one room at a time) — Sat, 3 Feb 2024 12:48:27 GMT

Put a little love in your heart. READ MORE...

Analysts unveil new Google stock price targets after earnings

noemail@noemail.org (TheStreet) — Sat, 3 Feb 2024 12:48:27 GMT

On Sept. 4, 1998, computer scientists Larry Page and Sergey Brin took a research project that they had been working on for two years and turned it into a company.

And they called it Google.

Their project, which would later become a subsidiary of Alphabet (GOOGL) - Get Free Report, became the most popular search engine in the world, capturing roughly 92% of the market.

So much has changed since those final years of the 20th Century. Now, we live in a world where artificial intelligence has moved from science fiction to reality, and companies are competing fiercely for a place in this new landscape.

How this landscape will evolve remains to be seen, but optimism that Alphabet will be a major player helped its shares surge 31% in the past year.

That's great, but it's been tougher sledding for investors recently. After Google reported fourth-quarter earnings, shares fell by 7%, causing many to wonder what could happen next.

The search Goliath Alphabet is hoping to profit from artificial intelligence in 2024.

Alex Wong/Getty Images

Alphabet's quarterly financial results were solid

Google, a member of the so-called "Magnificent Seven," a basket of tech stocks that includes a who's who of big-time players such as Apple, Microsoft, and Nvidia, posted fourth-quarter earnings on Jan. 30.

The company reported adjusted earnings of $1.64 per share, up from $1.05 a year earlier, and beating Wall Street's forecast of $1.59 per share.

Revenue totaled $86.3 billion, up from $76.1 billion last year and ahead of the expected $85.33 billion. Ad revenue came to $65.52 billion, short of analysts’ estimates of $65.94 billion.

While the numbers overall looked good, investors were disappointed with ad revenue and increased spending, including rising AI costs.

CapEx driven by infrastructure

"Our results reflect strong momentum and product innovation continuing into 2024," CEO Sundar Pichai told analysts during the company's earnings call. "Last year brought new excitement around gen AI, and I'm proud of how we responded responsibly with deep advances in foundation models and a number of great launches."

Alphabet's capital expenditure surged 45% to $11 billion, and Chief Financial Officer Ruth Porat said that capital expenditures would be notably larger this year than in 2023.

She said the CapEx spending will be driven "overwhelmingly by investment in our technical infrastructure with the largest component for servers followed by data centers."

Porat also said that Alphabet would incur $700 million in severance-related costs in the first quarter.

Last month, Google laid off a thousand workers in its hardware, voice-assistance, and engineering teams as part of cost-cutting measures. Early last year, the company cut about 6% of its workforce, or 12,000 positions, marking the largest layoff round in its history.

At the time, Google said it was “responsibly investing in our company’s biggest priorities and the significant opportunities ahead.”

Wall Street analysts seem generally positive

Redburn Atlantic analyst James Cordwell, who boosted his price target on Alphabet to $165 from $150 and kept a buy rating on the shares, said that the company's results were robust at an aggregate level.

However, he said, investor focus is likely to be on the fact that Search growth was only in line with expectations, which, when combined with capex increasing materially, will likely support the bear case.

Cordwell, however, said he viewed these concerns as overdone.

Jefferies raised the firm's price target on Alphabet to $175 from $170 while keeping a buy rating on the shares.

Its analysts said that strong ad demand drove accelerating, double-digit growth in Search and YouTube, though results in these segments were "shy of some investor bogeys."

More From Wall Street Analysts:

Cloud growth re-accelerated but remains below that of Microsoft's Azure cloud computing program. Jefferies said it sees "an upbeat 2024" with a healthy and strengthening ad market plus Al driving Cloud and YouTube momentum.

BMO Capital analyst Brian Pitz raised the firm's price target on Alphabet to $178 from $170 and kept an outperform rating on the shares.

Pitz said in a research note that the next leg of GenAl growth is likely to come from infrastructure, foundational models, and apps. Given its full-stack offering, Alphabet is one of the best-positioned Al competitors.

BMO also raised its 2024 earnings call to $6.62 per share, up from $6.21, and its 2025 target to $8.06 per share from $7.49.

Wells Fargo, however, had a different view of Alphabet's results. The firm lowered its price target on the company to $141 from $148 and kept an equal weight rating on the shares.

Analysts there said they viewed tepid fourth-quarter search growth as mostly an Alphabet-specific issue.

Negative revisions to search revenues offset a more favorable cost outlook, Wells Fargo added. They noted that operating loss and free cash flow estimates were revised lower.

Further, the firm sees the combo of decelerating search growth and elevated capital expenditure as difficult for the stock.

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noemail@noemail.org (Лайфхакер) — Sat, 3 Feb 2024 12:48:27 GMT

Пошаговое руководство для тех, кому бывает трудно сдержать эмоции.

Sat, 3 Feb 2024 11:17:40 GMT

Сравнение: https://analogindex.livejournal.com/3605166.html

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noemail@noemail.org (Лайфхакер) — Sat, 3 Feb 2024 12:48:27 GMT

Большинства из них совсем не сложно избежать.

Как мотивировать себя на перемены, если вас затянуло в «день сурка»

noemail@noemail.org (Лайфхакер) — Sat, 3 Feb 2024 12:48:27 GMT

Вырваться из надоевшей рутины поможет пара списков.

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Henry Cavill Goes Nazi Hunting in Trailer For Guy Ritchie’s ‘The Ministry of Ungentlemanly Warfare’

noemail@noemail.org (Man of Many) — Sat, 3 Feb 2024 12:48:27 GMT

Henry Cavill and the gang turn wartime espionage into a slapstick affair in the first trailer for Guy Ritchie’s upcoming action-comedy The Ministry of Ungentlemanly Warfare. Touted as an “outrageous true story,” the film draws inspiration from recently declassified British War Department files that unveiled […]

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Выгодно: электрогриль Kitfort со скидкой 58%

noemail@noemail.org (Лайфхакер) — Sat, 3 Feb 2024 12:48:27 GMT

При оплате картой Сбера начисляется повышенный кэшбек, который увеличит выгоду.

Яркий Сириус и Венера на рассвете: появился астрономический прогноз на февраль

noemail@noemail.org (Лайфхакер) — Sat, 3 Feb 2024 12:48:27 GMT

Созвездия и планеты, которые будет видно в этом месяце.

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noemail@noemail.org (analogindex) — Sat, 3 Feb 2024 08:33:06 GMT

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Tons of shoppers are ditching their Dysons for this bestselling Amazon vacuum that’s on sale for $85

noemail@noemail.org (TheStreet) — Sat, 3 Feb 2024 12:48:27 GMT

TheStreet aims to feature only the best products and services. If you buy something via one of our links, we may earn a commission.

Spring cleaning will be here before you know it, so if any of your machines are ready to retire, take this as your reminder to upgrade. Anyone in need of a new vacuum cleaner is in luck because Amazon is offering a special coupon to shoppers buying one of its bestselling models.

Right now, the Eureka PowerSpeed Upright Vacuum Cleaner is available for just $85 as long as you apply Amazon’s on-page coupon before adding it to your cart. It’s ranked no. 1 in Amazon’s commercial indoor upright vacuum category and is backed by more than 10,700 five-star ratings from shoppers who swear by it.

We understand that a low price point can sometimes be worrisome, but rest assured this corded vacuum delivers high-quality results. It works so well, several people went as far as to say they’re replacing their Dysons with this Eureka model, and one reviewer wrote, “we’ve had it for almost a year and it’s still kicking Dyson’s and Shark’s butts.”

Eureka PowerSpeed Bagless Upright Vacuum Cleaner, $85 (was $100) at Amazon

Courtesy of Amazon

This vacuum cleaner uses a powerful motor to provide lots of suction along with a brush roller to pick up everything in its path including pet hair, crumbs, dirt, and debris. It offers five height adjustment settings, making it ideal for cleaning all types of surfaces from hard floors to plush carpets or rugs. Everything it sucks up goes through a washable and reusable filter, and is then collected inside the 2.6-liter dust cup that has a one-button empty function. That means you can dispose of any debris without getting your hands dirty.

Along with the main machine, you’ll also receive an upholstery tool, crevice tool, and dusting brush that attach to the cleaning wand. These accessories allow you to clean hard-to-reach areas like baseboards, ceiling fans, and underneath furniture with ease. Not to mention it’ll also save you from having to bend over while cleaning, so no more back pain.

It’s rare that a vacuum of this caliber is on sale for well under $100, so we aren’t shocked that it has thousands of rave reviews. One shopper said they’re “super happy with how much it pulled from all the carpets in just one use,” and added that they are “grossed out, but happy.”

“When I say that I was both horrified and delighted at what this thing picked up in the first 15 seconds...Jeebus,” another reviewer wrote. “It picked up everything that every other machine has missed since [the] summer of 1994. I have carpet and an area rug and share a space with a cat, a shepherd, and a shepherd mix who all shed like they get paid to do it. This Eureka picked it all up in five minutes of vacuuming.”

This is your chance to get a shopper-loved upright vacuum for $85, so make sure to grab one before the Amazon coupon expires.

Xiaomi 14 Ultra could be more expensive than its predecessor

noemail@noemail.org (Android Headlines) — Sat, 3 Feb 2024 12:48:27 GMT

The Xiaomi 14 Ultra is expected to arrive in the coming months, and it will seemingly be more expensive than its predecessor. This information comes from a very reliable source, actually. Digital Chat Station shared the info, one of China’s most accurate tipsters.

The Xiaomi 14 Ultra will be more expensive than its predecessor

He says that the Bill of Materials (BOM) estimation indicates a price increase. The BOM has increased for more than CNY700 ($100), so we can expect the Xiaomi 14 Ultra to get a price hike.

The tipster also confirmed that we’ll get a quad camera setup on the back, with Leica optics. The phone will also include Xiaomi’s self-research tech, and that goes for communications, materials, batteries, and more

We don’t know when exactly is the phone coming, but it’s coming in the next couple of months based on everything we’ve seen thus far. Its specifications have been rumored quite a few times thus far.

Four 50MP cameras are expected, while the main one will support multi-stop variable aperture

The Snapdragon 8 Gen 3 is expected to fuel the device. Four 50-megapixel cameras are rumored. The main unit will be the Sony LYT-900, allegedly, and it will offer a multi-stop variable aperture (f/1.63-f/4.0).

A 5,180mAh battery is also rumored, while the phone is said to offer 90W wired and 50W wireless charging support. Yes, a charger will be included in the package, in case you were wondering.

An in-display fingerprint scanner is expected, and it will be an ultrasonic one. Xiaomi stuck to optical in-display fingerprint scanners thus far, but that will likely change with the Xiaomi 14 Ultra.

A large AMOLED display is also expected with a 120Hz refresh rate. Yes, that will be an LTPO panel with an adaptive refresh rate. Android 14 will likely come pre-installed, with Xiaomi’s HyperOS on top of it.

The post Xiaomi 14 Ultra could be more expensive than its predecessor appeared first on Android Headlines.

Sat, 3 Feb 2024 11:17:40 GMT

Знаки отличия и: https://analogindex.livejournal.com/3606859.html

Классификация

noemail@noemail.org (analogindex) — Sat, 3 Feb 2024 08:33:06 GMT

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Microsoft 365 apps are coming to Apple Vision Pro at the right time

noemail@noemail.org (Android Headlines) — Sat, 3 Feb 2024 12:48:27 GMT

Apple’s biggest launch in a long time, the Vision Pro, is releasing in a few hours, right on schedule. Priced at $3,499, it is exclusively available in the United States. Even at that price, one report suggests that over 200,000 units have already been pre-ordered. Perhaps, at the same time, Microsoft has announced its share of wishes to Apple as it launches its suite of Microsoft 365 apps on the App Store for Apple Vision Pro.

Microsoft 365 apps landing soon on Apple Vision Pro

Microsoft has announced “some exciting news” that Microsoft Teams, Word, Excel, Powerpoint, Outlook, OneNote, and Loop are coming to the App Store for Apple Vision Pro on its launch day i.e., Friday (February 2nd). This means that Apple Vision Pro users can download and use the Microsoft 365 apps as soon as they bring home the big-budget Apple’s “mixed reality” headset.

It’s noteworthy that Apple has long called its Vision Pro “an ideal productivity tool,” and Microsoft 365 apps are synonymous with the term. So, it’s no surprise that they’re coming. More importantly, Apple Vision Pro users will be able to use an AI-powered Copilot on the headset. This means they could do things like making drafts, summarizing documents, and creating PowerPoint presentations just by using voice.

How’d the experience be while using Microsoft apps on Apple Vision Pro?

Well, we don’t know yet but the initial feedback on the Apple Vision Pro seems mostly positive. However, there are concerns about its weight and discomfort during prolonged wear. According to CNET, Apple Vision Pro is well-suited for tasks like using it as a work computer and enjoying movies.

Microsoft talks about a focus mode in Word. This will help users avoid distractions or fully focus on completing an overdue assignment. With Teams, your digital avatar can join work meetings, adding a personal touch. PowerPoint offers a special environment for practicing presentations in front of a virtual audience. In Excel, you can easily move documents to other apps by using the headset’s pinch and drag feature.

The post Microsoft 365 apps are coming to Apple Vision Pro at the right time appeared first on Android Headlines.

The $30 Organizer That Helped Me Clear the Chaos Under My Sink for Good

noemail@noemail.org (Apartment Therapy| Saving the world, one room at a time) — Sat, 3 Feb 2024 12:48:27 GMT

Say hello to a storage space you can be proud of. READ MORE...

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noemail@noemail.org (analogindex) — Sat, 3 Feb 2024 11:17:39 GMT

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Виды и рода войск ВС

noemail@noemail.org (analogindex) — Sat, 3 Feb 2024 11:17:39 GMT

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Что посадить на рассаду в феврале

noemail@noemail.org (Лайфхакер) — Sat, 3 Feb 2024 12:48:27 GMT

Понятные инструкции по посеву прилагаются.

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Sat, 3 Feb 2024 11:17:40 GMT

Армия Беларуси:: https://analogindex.livejournal.com/3605342.html

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Tue, 22 Jul 2025 19:35:57 GMT

Bradley Baker, 2010, 'Co-site interference mitigation for VHF com voice and datalink operations', 29th Digital Avionics Systems Conference

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noemail@noemail.org (analogindex) — Sat, 3 Feb 2024 11:17:39 GMT

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Aldi’s "So Pretty" $5 Glass Mugs Are Back, and Shoppers Are Running to Get Them

noemail@noemail.org (Apartment Therapy| Saving the world, one room at a time) — Sat, 3 Feb 2024 12:48:27 GMT

A lid for your coffee mug that also serves as a coaster? Ingenious. READ MORE...

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Попробуйте пироги с яблоками, вареньем, тыквой и не только.

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Action Blockbuster ‘Argylle’ Blows Audience Away at Man of Many-Hosted Premiere

noemail@noemail.org (Man of Many) — Sat, 3 Feb 2024 12:48:27 GMT

Man of Many has proudly hosted the Australian film premiere of the year, launching Matthew Vaughn’s must-see action blockbuster, Argylle, via a star-studded screening at the Hoyts Cinema in Sydney’s Entertainment Quarter, which saw guests describe the film as “amazing”, “fabulous”, and “a cinematic masterpiece”. The […]

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Sat, 3 Feb 2024 11:17:40 GMT

Как правильно: https://analogindex.livejournal.com/3607683.html

An Unused Bedroom Becomes a Colorful “Cloffice” in a $2,000 Makeover

noemail@noemail.org (Apartment Therapy| Saving the world, one room at a time) — Sat, 3 Feb 2024 12:48:27 GMT

“The cloffice makes me feel like I'm on Sex and the City!” the DIYer says. READ MORE...

Сравнение

noemail@noemail.org (analogindex) — Sat, 3 Feb 2024 11:17:39 GMT

На изображении представлены два пехотинца Красной армии: красноармеец кадровой армии на 22 июня 1941 года и сержант-победитель на 9 мая 1945 года.

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Тактические брюки: https://analogindex.livejournal.com/3605703.html

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Брэд Питт сыграет в последнем фильме Квентина Тарантино

noemail@noemail.org (Лайфхакер) — Sat, 3 Feb 2024 12:48:27 GMT

Это будет третий совместный проект после «Бесславных ублюдков» и «Однажды в… Голливуде».

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Инсайдер: Sony работает над портативной консолью, которая выйдет с PS6

noemail@noemail.org (Лайфхакер) — Sat, 3 Feb 2024 12:48:27 GMT

Духовная наследница PS Vita, на которой можно будет пройти любую игру с PS4.

10 Stylish Washable Rugs That’ll Instantly Make Your Space Look Bigger (and They’re 80% Off Now!)

noemail@noemail.org (Apartment Therapy| Saving the world, one room at a time) — Sat, 3 Feb 2024 12:48:27 GMT

Choose from endless styles. READ MORE...

Confirmed: Electric Maserati MC20 Folgore is a Silent Rocketship

noemail@noemail.org (Man of Many) — Sat, 3 Feb 2024 12:48:27 GMT

While supercar makers are busy launching plug-in hybrids, Maserati has decided to go full electric with its gorgeous MC20. The electric version will launch in convertible ‘Cielo’ form first while carrying the ‘Folgore’ moniker shared with the Gran Turismo. As for timings and power, expect […]

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Feel-Good Friday: 2 February 2024 – Smoothies, Wine and Feeling Fine

noemail@noemail.org (Man of Many) — Sat, 3 Feb 2024 12:48:27 GMT

We’ve somehow fast-forwarded into February 2024. Can you believe it? The year’s in full swing, and the weekly grind is back with a vengeance, but we’ve got the perfect antidote for those 9-5 blues. Enter our latest edition of Feel-Good Friday, your virtual shot of […]

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noemail@noemail.org (analogindex) — Sat, 3 Feb 2024 11:17:39 GMT

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noemail@noemail.org (analogindex) — Sat, 3 Feb 2024 11:17:39 GMT

Итальянский бренд «RedRock» («Редрок») известен во всём мире своей треккинговой и спортивной обувью. Такая обувь отлично подходит для людей, ...

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Sat, 3 Feb 2024 11:17:40 GMT

На изображении представлены два пехотинца Красной армии: красноармеец кадровой армии на 22 июня 1941 года и сержант-победитель на 9 мая 1945 года. via forma full 5 <a target=’_blank’ href=‘https://ift.tt/tSh4FBy’ rel='nofollow’>https://ift.tt/tSh4FBy</a> Manage Unsubscribe from these notifications or sign in to manage your Email service. IFTTT Manage on IFTTT: <a target=’_blank’ href='https://ifttt.com/myrecipes/personal/114580525’ rel='nofollow’>https://ifttt.com/myrecipes/personal/114580525</a>

Sat, 3 Feb 2024 11:17:40 GMT

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Amazon may be leaping forward in building its in-house Vega OS

noemail@noemail.org (Android Headlines) — Sat, 3 Feb 2024 12:48:27 GMT

In November last year, we reported that Amazon might be working on plans to ditch Android and instead develop its in-house Vega OS. Well, the report turns out to be true. At least, if a recent Amazon job listing is to be believed. It also suggests that something is brewing in the Seattle headquarters.

Amazon could be hiring engineers for Vega OS

First spotted by AFTVnews, Amazon posted a Berlin-based job, looking for a Fire TV Experience Software Development Engineer on January 29. However, if you visit the link to the job on the platform, you’ll see that it no longer exists. The job description clearly stated that the main part of the job is to help shift from Android to the rumored “Vega OS.” Amazon explicitly mentions this transition from “FOS/Android,” where FOS stands for Fire OS, to “native/Rust” and React Native for Fire TV.

Last year, reports surfaced that Amazon Echo Show 5 has switched to a new system, leaving its Android system behind. We don’t have the exact date for this change. But it’s clear that Amazon is putting a lot of effort into making this switch. The report also suggests that Amazon may not update current Fire TV devices to the rumored “Vega OS”. Instead, it will introduce new models with this system.

Amazon is not the only one with an in-house OS in mind

Amazon is not the only one ditching Android for its in-house operating system. In recent times, brands like Huawei and Vivo have also moved away from Android. For instance, Huawei has released HarmonyOS, and Vivo has come up with BlueOS in its homeland, China.

The good part is that there may be a lot of improvements in the in-house operating systems, and the sad part is that these operating systems will not support Android apps. This is because there are millions of Android apps available on the Play Store across categories. And that may not be the case with newborn operating systems, let alone the apps available on third-party stores.

The post Amazon may be leaping forward in building its in-house Vega OS appeared first on Android Headlines.

The Single Malt Scotch Whisky Hub

noemail@noemail.org (Man of Many) — Sat, 3 Feb 2024 12:48:27 GMT

If you’re looking to dip your toe into the world of Scotch and are interested in learning more about whisky, this hub is for you. This hub explores some of the best Scotch Whisky from The GlenDronach, Glenglassaugh and Benriach, including gifting suggestions, food pairing […]

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Sat, 3 Feb 2024 11:17:40 GMT

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