The impressive year-to-date rally in the stock market is about to crumble, according to Goldman Sachs.
The bank said the SP 500 has more downside than upside between now and the end of the year due to high valuations and weak earnings growth.
"The debt ceiling deadline later this year adds uncertainty to the path for US stocks," Goldman said.
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Ascannio/Shutterstock Microsoft has announced an event happening on February 7 during which the company will share details about "progress on a few exciting projects." The event, first reported by The Verge, will likely be about ChatGPT-related advances and how they are going to be an integral part of Microsoft products like Bing Search and the Office suite in the near future. Interestingly, Microsoft's event news reveal comes merely minutes after Google announced Bard, the sear
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China's Foreign Ministry confirmed Monday that the balloon spotted over Latin America last week was also Chinese-owned. Ministry spokesperson Mao Ning said the balloon was "of civilian nature and used for flight test."
A separate suspected Chinese surveillance balloon that floated over the US last week was shot down Saturday.
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Chris Davies/SlashGear EDITORS' RATING : 8 / 10
Pros
Great sound quality
Siri now handles multi-user households
Flexible and easy to setup smart home hub Cons
The big third-party music services still feel like second-class citizens
Cheaper price tag is still relatively expensive The arrival of the new Apple HomePod is as good a time as any for a post-mortem of the original. The first HomePod was arguably both late and ahead of its time. On the one h
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No sign of Silent Hill yet.
Silent Hill publisher Konami has today slashed its financial forecast for the 12-month period ending this March 31st, with expected profits almost halved.
Konami had hoped to make a 76.5bn yen (£480m) operating profit for the year, but now expects to arrive at 42.4bn yen (£270m). Konami's revenue forecast is also down for the year, though no
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"Due to various circumstances."
Konami is calling time on Crimesight, its anime-inspired PC social deduction game that launched last April, blaming "various circumstances".
Servers will go dark forever on 1st May 2023, only 12 months on from launch. In-game items have already been removed from sale, while the game itself will be delisted on 27th February.
As Crimesight
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Insider's experts choose the best products and services to help make smart decisions with your money (here’s how). In some cases, we receive a commission from our partners, however, our opinions are our own. Terms apply to offers listed on this page. A jumbo loan is a mortgage for more than $726,200 in most parts of the US in 2023. You'll have to meet stricter requirements to receive a jumbo loan, including a bigger down payment. Jumbo mortgage rates have recently trended lower than conform
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Chris Davies/SlashGear EDITORS' RATING : 8 / 10
Pros
Aggressively priced for a new car
1.5L turbo engine is smooth and economical
Spacious cabin Cons
Equipment levels feel spartan in places
Lacks the sparkle some rivals deliver With automakers — and their customers — increasingly focusing on crossovers and SUVs, it's easy to dismiss the VW Jetta. In fact, it was Volkswagen's most popular passenger car in America in 2022, selling more than thr
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"Tim's creative impact on the industry cannot be understated."
Double Fine Productions founder Tim Schafer will be inducted into The Academy of Interactive Arts Sciences' (AIAS) Hall of Fame.
Schafer - best known for games like Grim Fandango, Psychonauts, and Broken Age - will be honoured at the 26th annual DICE event later this month (not to be confused with EA's Stockholm studio of the same name).
Eurogamer Newscast: Is The Last of Us the best video game adaptation ever?
"Tim
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At its Unpacked event earlier this month, Samsung teased a short film shot with the Galaxy S23 Ultra by acclaimed director Sir Ridley Scott. Samsung finally released the film titled "Behold," which tells the story of how "one young man finds that good things and good behavior are a way out of his dark world." Just shy of the 4-minute runtime mark, it follows a young man as he navigates challenges, including hostile authorities, and lands in an abandoned place where he rescues a horse. The p
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