computers

Someone Got YouTube Playing on a 40-Year-Old Computer

Some of the best hacks don’t solve any real world problems or reinvent the wheel. they’re usually nothing more than an exercise in trying to make something work that is either seemingly impossible or pointless: such as getting YouTube to work on a 40-year-old computer with a hideously outdated display. Although best known for the …

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There may be another shoe to drop after Micron’s big outlook miss

Micron Technology Inc. delivered an outlook that fell far short of the consensus view, prompting questions about how the memory market will fare in a downturn. The company expects August-quarter revenue of $6.8 billion to $7.6 billion, whereas analysts tracked by FactSet had been modeling $9.15 billion. Micron’s chief executive acknowledged that “the industry demand …

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Opinion: The chip boom likely over, as Micron says it’s in a ‘downturn’

The semiconductor boom of the past two years appears to be ending. Memory-chip maker Micron Technology Inc. MU, -1.32% gave a downbeat forecast for its next fiscal quarter Thursday, predicting a massive revenue shortfall ranging from $1.5 billion to $2.3 billion, as COVID-19 restrictions in China and slower demand for consumer products hurt the sale …

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These 10 stocks in the S&P 500 have lost $4.1 trillion of investors’ money during the first half of 2022

The first half of 2022 is over today, and good riddance for investors: The S&P 500 Index has declined 21.4%. Below are two lists of the worst-performing stocks in the S&P 500 SPX this year. First, here are the 10 companies whose market capitalizations have dropped the most during 2022, based on early trading on …

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US stock futures struggle to hold gains after GDP data

US stock futures struggled for direction on Wednesday, leaving Wall Street potentially on course for a third consecutive day of economy, as investors fret that soaring inflation is damaging the world’s biggest and battering corporate profits. How are stock-index futures trading? S&P 500 index futures ES00 were little changed at 3,826.5 Dow Jones Industrial Average …

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Oaktree’s Howard Marks is finding bargains. ‘I am starting to behave aggressively,’ he says

Exactly how much bounce is left in this bear market? A little more judging by stock futures reaction this morning. Thank China for some of that as the country announced the biggest easing in COVID travel requirements since about March 2020. China’s news may add to the sense that inflation has peaked, given the supply …

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Atari turns 50, and the godfather of video games talks about how to change the world

“‘Schopenhauer always talked about creative destruction. New innovations often destroy old dominance. And that’s what you kind of want to do, because you’re not going to beat Microsoft at their game. But you can beat them at a game that you own.’” That’s Atari founder and mass-market video game creator Nolan Bushnell’s advice to the …

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This ‘underappreciated’ black swan could bring fresh chaos to the global economy

New week, same bounce. Stock futures point to fresh gains as investors grow optimistic that a bond rout is ending, and the Fed’s rate-hike plans will get pruned due to a global slowdown. Of course, that optimism comes as discontent grows around the world from high commodity prices that have driven up food prices, crimped …

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Zendesk shares soar 35% after report of buyout deal

Zendesk Inc. ZEN, +1.29% shares soared 35% to $78.36 in after-hours trading Thursday following a report from The Wall Street Journal that the company is close to a deal with a group of buyout firms. A deal with a group that includes Hellman & Friedman LLC and Permira could be struck in the coming days …

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This star hedge-fund manager says some major tech names are now value plays, as he shorts one meme-stock favorite

Stocks are on the rebound again, at least that’s the vibe from futures. That’s a day after Federal Reserve Chair Jerome Powell confirmed to lawmakers, what markets already knew — that a soft economic landing might be tricky while taming the inflation beast. Along with average investors, hedge funds have had a rough start to …

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