Metaverse Jobs Are Disappearing as Hiring Slows at Google, Facebook Meta Platforms Inc., grappling with its first-ever quarterly sales slump, now has another problem: Jobs in the metaverse are disappearing. New monthly job postings across all industries with “metaverse” in the title declined 81% between April and June, according to workplace researcher Revelio Labs, after surging in the months following Facebook’s rebranding last fall. The dropoff coincides with a broader slowdown across the tech sector, which has prompted layoffs and hiring freezes, leaving workers from the Bay Area to Bangalore increasingly rattled. Job postings in tech hubs like San Francisco and Austin, Texas, dropped 8.4% in the past four weeks, according to job site Indeed.

Apple iPhone 14 Event: A Price Hike Is Expected, but Will There Be 'One More Thing'?Top-end iPhones are expected to get a price increase as tech world awaits first glimpse of Apple's move into virtual realityApple Inc.'s coming iPhone 14 lineup might not bring too many new features, but there could be one big change in store.After holding steady on iPhone prices a year ago, some analysts expect that Apple (AAPL) will increase the price of its iPhone 14 Pro models this year amid camera, chip, and design enhancements--as well as lingering pressure from supply costs and the strong U.S. dollar. Amid the highest inflation rates in decades, there have been concerns about consumers growing more cost-conscious -- especially lower-wage earners -- but Apple is expected to keep its standard iPhone mo

Walmart Signs Contract With Canoo To Revolutionize Home Delivery: How The Retail Giant Plans On Beating AmazonThe world's largest retailer Walmart, Inc. (NYSE:WMT) has committed to purchasing 4,500 Canoo, Inc. (NASDAQ:GOEV) electric delivery vans, according to Teslarati.What Happened: On July 12, Walmart announced its partnership with Canoo. The EV maker's 4,500 Lifestyle Delivery Vehicles (LDV) will hopefully hit the road officially for Walmart by 2023.$Wal-Mart(WMT)$$SPDR S&P 500 ETF Trust(SPY)$$Amazon.com(AMZN)$

US Consumer Prices Are Seen Staying Firm, Testing the Fed US inflation was largely unwavering in March, with economists projecting a monthly increase in consumer prices on par with advances seen over the previous half year that will test the Federal Reserve’s mettle. Government figures Wednesday are expected to show a 0.4% monthly gain in the core consumer price index, which excludes food and energy and better reflects the scope of underlying inflation facing American households.

Microsoft Corporation's (NASDAQ:MSFT) Stock Has Been Sliding But Fundamentals Look Strong: Is The Market Wrong?Microsoft (NASDAQ:MSFT) has had a rough three months with its share price down 14%. However, a closer look at its sound financials might cause you to think again. Given that fundamentals usually drive long-term market outcomes, the company is worth looking at. In this article, we decided to focus on Microsoft's ROE.Return on equity or ROE is a key measure used to assess how efficiently a company's management is utilizing the company's capital. In other words, it is a profitability ratio which measures the rate of return on the capital provided by the company's sha$Microsoft(MSFT)$ reholders.

Amazon Takes $2 Billion Loss in Q2, Sees ‘Revenue Accelerate’ Ahead of ‘Thursday Night Football’ and ‘LOTR’ DebutsAmazon revealed its second-quarter 2022 earnings Thursday, reporting a loss of $2 billion but an increase in ad sales and revenue, which it attributes in part to the upcoming debuts of “Thursday Night Football” (Sept. 15) and “The Lord of the Rings: The Rings of Power” (Sept. 2).Wall Street forecasted earnings per share (EPS) of 13 cents on $119 billion in revenue, according to analyst consensus data provided by Refinitiv. Amazon reported a net loss of $2 billion, or -20 cents per diluted share, on $121.2 billion in revenue for the period of April 1-June 30. That loss includes a pre-tax valuation loss of $3.9 billion included in non-operating expense from Amazon’s common stock

Elon Musk has lost his spot as the world's richest human, but $Tesla(TSLA.US)$ shareholders are the ones who are suffering. On Monday, Musk dropped from first to second place on the list of the world's richest humans. He fell behind LVMH Moët Hennessy Louis Vuitton (MC. France) CEO Bernard Arnault as shares of Tesla continued to drop in response to concern that Musk's tweets and efforts to overhaul Twitter are damaging the electric-vehicle company's brand. That means arresting the slide means changing Musk's behavior on his social media platform. Tesla (TSLA) stock dropped 6.3% to start the week, finishing Monday's trading session at $167.82. The drop cut roughly $8 billion off Musk's wealth, according to Barron's calculations, putting his net worth at about $$180 billion.

Dow falls nearly 500 points as bear market bounce loses steamU.S. stocks fell on Tuesday, erasing earlier gains as the market failed to keep its rebound from the bear-market lows going.The blue-chip Dow Jones Industrial Average fell 491.27 points, or 1.56%, to 30,946.99. The S&P 500 dropped 2.01% to 3,821.55, and the Nasdaq Composite was the laggard, down 3% to 11,181.54.$SPDR S&P 500 ETF Trust(SPY)$

With the release of the latest Consumer Price Index report Tuesday, the final major economic indicator is in before Fed officials make a decision Wednesday on the federal funds rate. Consumer prices showed a 7.1% year-over-year increase in November, down from 7.7% in October and below estimates of 7.3%. In early November, the Fed issued its fourth consecutive 0.75% increase to the federal funds rate, which today stands between 3.75% and 4%. The meeting of the Federal Open Market Committee, made up of the Fed officials who decide on interest rate hikes, is scheduled for Tuesday and Wednesday, Dec. 13-14, with an interest rate announcement due at 2 p.m. ET Wednesday.

As Apple's App Store revenue slows, company looks to other avenues to boost growthApple's (NASDAQ:AAPL) services business has been the proverbial apple of Wall Street's eye, seeing double-digit revenue growth for several years and margins estimated to be around 70%.But, with concerns that the segment is starting to slow, due in part to flatlining growth for the App Store, the tech giant is looking for other ways to boost growth in the valuable arena.On Friday, Apple (AAPL) announced that Apple Card users can get three months of Apple TV+ free, as part of a promote for Apple's (AAPL) new animated movie, Luck. There has been a considerable amount of buzz surrounding Luck, which is produced by Pixar legend John Lasseter. The movie, which carries a price tag of $140M, has scored well with fans