Netflix Shares Fall Despite Earnings Beat
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Yahoo
25 minutes ago
- Yahoo
Big Tech earnings, Powell remarks, housing data: What to Watch
Market Domination Overtime host Josh Lipton goes over the top stories for investors to watch next week. Plenty of earnings are on deck next week, including from Verizon (VZ) Monday morning, Coca-Cola (KO) and Lockheed Martin (LMT) Tuesday morning, Alphabet (GOOG, GOOGL) and Tesla (TSLA) Wednesday afternoon, and Intel (INTC) and Deckers (DECK) Thursday afternoon. Federal Reserve Chairman Jerome Powell will deliver the opening remarks at a banking conference on Tuesday morning. New home sales data for June will be out on Thursday, with economists expecting an increase to 650,000 from May's 623,000. To watch more expert insights and analysis on the latest market action, check out more Market Domination Overtime here. Time out what to watch starting off on that earnings front, a massive spread of earnings coming up including Coca-Cola, General Motors, Google parent company Alphabet and Tesla. Tesla announced results for the second quarter on Wednesday and expecting Elon Musk company to meet estimates for Q2. That's driven by stronger sales of the updated Model Y but the recent rollback of EV tax credits under President Trump's big beautiful bill, that could pose challenges for Tesla going forward. Also taking a look at the Federal Reserve, we're going to be getting some commentary on Tuesday from Fed chair Jerome Powell. Powell's going to be making remarks at a banking conference in the morning. This coming against the backdrop of continued pressure we know from President Trump to cut interest rates. Chicago Fed President Austin Goolsby telling Yahoo Finance on Friday that Fed independence from political interference is absolutely critical. And moving over to housing, fresh housing data coming in on Thursday with new home sales. Cons forecast that number to rise to 650,000, signaling a stronger demand for new homes and suggesting that buyers are feeling more confident about that housing market. Related Videos Abrahimzadeh: Believe in Elon's Ability Deepwater's Munster Sees Three-Year Bull Run in Tech Fed's Waller on Labor Market, Rate Cuts, Inflation, Fed Chair ABB CEO Morten Wierod on Data Centers, Automation Demand Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
CNET
26 minutes ago
- CNET
Microsoft Will Erase Your Passwords in 2 Weeks: What to Do Now
Microsoft is axing passwords starting in August -- and if you use its Authenticator app, you'll want to be prepared. For years, Microsoft Authenticator has been a go-to for managing multifactor authentication and saved passwords. However, starting next month, it will no longer support passwords and will move to passkeys instead. That means your logins will soon rely more on things like PINs, fingerprint scans or facial recognition. Using a passkey can make your account safer, and it's a move I'm excited about. I recently uncovered that 49% of US adults have risky password habits that can open the door to scammers getting access to your sensitive data. If you're a fan of Authenticator and not sure where to start before the switch, here are other password managers CNET recommends and steps you should take before August. When will Microsoft Authenticator stop supporting passwords? Microsoft Authenticator houses your passwords and lets you sign into all your Microsoft accounts using a PIN, facial recognition like Windows Hello, or other biometric data like a fingerprint. Authenticator can be used in other ways, such as verifying you're logging in if you forgot your password, or using two-factor authentication as an extra layer of security for your accounts. In June, the company stopped letting users add passwords to Authenticator. Starting this month, you won't be able to use the autofill password function. And next month, you'll no longer be able to use saved passwords. If you still want to use passwords instead of passkeys, you can store them in Microsoft Edge. However, CNET experts recommend adopting passkeys during this transition. "Passkeys use public key cryptography to authenticate users, rather than relying on users themselves creating their own (often weak or reused) passwords to access their online accounts," Tomaschek said. Why are passkeys a better alternative to passwords? So what exactly is a passkey? It's a credential created by the Fast Identity Online Alliance that uses biometric data or a PIN to verify your identity and access your account. Think about using your fingerprint or Face ID to log into your account. That's generally safer than using a password that is easy to guess or susceptible to a phishing attack. "Passwords can be cracked, whereas passkeys need both the public and the locally stored private key to authenticate users, which can help mitigate risks like falling victim to phishing and brute-force or credential-stuffing attacks," said Attila Tomaschek, CNET's software senior writer and digital security expert. Passkeys aren't stored on servers like passwords. Instead, they're stored only on your personal device. More conveniently, this takes the guesswork out of remembering your passwords and the need for a password manager. How to set up a passkey in Microsoft Authenticator Microsoft said in a May 1 blog post that it will automatically detect the best passkey to set up and make that your default sign-in option. "If you have a password and 'one-time code' set up on your account, we'll prompt you to sign in with your one-time code instead of your password. After you're signed in, you'll be prompted to enroll a passkey. Then the next time you sign in, you'll be prompted to sign in with your passkey," according to the blog post. To set up a new passkey, open your Authenticator app on your phone. Tap on your account and select "Set up a passkey." You'll be prompted to log in with your existing credentials. After you're logged in, you can set up the passkey. Other password manager alternatives Since Microsoft will get rid of all of your passwords in two weeks, you'll need a new place to store your passwords safely. Tomaschek has a few of the best password manager recommendations after testing and reviewing several. The top recommendation is Bitwarden for its transparency. It's open-source and audited annually. From a price perspective, the free plan lets you store infinite passwords across unlimited devices. The free plan also includes features most password managers would charge for, including password sharing and a username and password generator. Bitwarden's upgraded plans have other upgraded features that could be worth the cost, too. Personally, Tomaschek has been using 1Password for a while, and he likes the interface and family plan. Even though it's second on the list, Tomaschek says it's just as good as Bitwarden.
Bloomberg
27 minutes ago
- Bloomberg
Exchange Operator MIAX Files For Long-Awaited US IPO
Miami International Holdings Inc. has filed for an initial public offering in the US, joining a list of firms moving ahead with a public listing. The exchange operator, also known as MIAX, had net income of $102 million on revenue of $1.14 billion in 2024, compared with net loss of $21 million on revenue of $1.04 billion in 2023, according to its filing on Friday with the US Securities and Exchange Commission.
