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Tuesday, April 30 | Tom's Morning Forecast
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Yahoo FinanceUsed car prices fall again in April, down nearly 17% from pandemic highs
Vehicle prices continued their downward trend in April as costs continue to moderate from pandemic-era highs.
- Yahoo Finance
Gas price increases accelerate in April as overall inflation pressures ease
Gas prices rose in April, contributing to an overall rise in inflation
- Autoblog
New car prices are down as of April 2024 — here's why
Dealers got more new cars and they sat longer on lots in April 2024, leading to significant price cuts for some models, according to a CarGurus report.
- Yahoo Sports
New Statcast hitting metrics explained, Phillies first to 30 wins, Angels are scuffling
Jake Mintz & Jordan Shusterman break down all the new Statcast hitting metrics released by MLB, the Phillies success that’s led to them to being the first team to 30 wins this season, the Angels continuing to be a disappointment and other news from around the league.
- Yahoo Finance
New inflation reading offers hope for Fed rate cuts
Inflation pressures eased in April, an encouraging sign for the Fed. But the progress was likely not enough to justify rate cuts yet.
- Yahoo Finance
Housing costs still push inflation higher but rise at slowest annual rate in two years
Shelter costs continued to pressure inflation in April, but a moderation continues and economists expect these pressure to ease in the months ahead.
- TechCrunch
Matt Garman taking over as CEO with AWS at crossroads
It’s tough to say that a $100 billion business finds itself at a critical juncture, but that's the case with Amazon Web Services, the cloud arm of Amazon, and the clear market leader in the cloud infrastructure market. On Tuesday, the company announced that CEO Adam Selipsky was stepping down to spend more time with his family and recharge a bit, according to his statement. During Selipsky’s tenure, growth for the cloud division has slowed pretty dramatically falling from 33% in Q2 2022 to 12% in Q2 and Q3 2023 before ticking up to 13% and 17% in its two most recent reports -- although to be fair, growth has slowed across the industry, as the space has settled into a more mature state.
- Yahoo Finance
Wall Street just gave its highest forecast yet for the S&P
BMO Capital Markets chief investment strategist Brian Belski sees the S&P 500 ending 2024 at 5,600 as stock momentum is "likely to persist."
- TechCrunch
The top AI announcements from Google I/O
Google’s going all in on AI — and it wants you to know it. During the company’s keynote at its I/O developer conference on Tuesday, Google mentioned “AI” more than 120 times. Google plans to use generative AI to organize entire Google Search results pages.
- Yahoo Sports
PGA Championship betting: Bettors love Scottie Scheffler's chances of back-to-back majors
Scheffler is the pre-tournament favorite and is getting the most bets and money to win at Valhalla.
- TechCrunch
Google takes aim at Android malware with an AI-powered live threat detection service
Google is preparing to launch a new system to help address the problem of malware on Android. Its new live threat detection service leverages Google Play Protect's on-device AI to analyze apps for malicious behavior. The service, announced following the Google I/O developer event on Tuesday, examines various signals related to an app's use of sensitive permissions and interactions with other apps and services, the company explains.
- Autoblog
This Avapow car jump starter is 50% off at Walmart right now
Grab an Avapow jump starter for less than $80 right now at Walmart thanks to this great half-off deal and never have to worry about a dead battery again.
- Yahoo Finance
Retail sales flat in April, falling short of Wall Street's expectations
April's update on retail sales comes as economists are closely watching for any signs of weakening consumer demand amid sticky inflation and higher interest rates.
- Yahoo News
Timeline: Key legal and electoral dates for Donald Trump
In order to make sense of Trump's often-overlapping election and court dates, we’ve put together a comprehensive timeline that is constantly being updated.
- Autoblog
2024 Alfa Romeo Giulia and Stelvio Quadrifoglio Super Sports close the book
The limited-edition 2024 Alfa Romeo Giulia and Stelvio Quadrifoglio Super Sports end the Quadrifoglio's ICE era with special trim, no special performance.
- Engadget
Google's Wear OS 5 promises better battery life
Google has unveiled Wear OS 5 at its I/O developer conference today, giving us a glimpse of new features and other improvements coming with the platform.
- Yahoo TV
Joan Vassos's journey was cut short on 'The Golden Bachelor.' As the Golden Bachelorette, she's 'hoping that we change' perceptions of aging.
“The Golden Bachelor” viewers will recognize the new Golden Bachelorette, as she had a dramatic exit from Gerry Turner's life.
- Yahoo TV
Kevin Costner shares his side of 'Yellowstone' drama: Where he stands on the future of the series
Part one of "Yellowstone" Season 5 ended in January 2023. Since then, its star Kevin Costner walked away from his starring role — and there's been a very public back-and-forth over why that happened.
- Autoblog
Junkyard Gem: 2012 Mitsubishi Eclipse Spyder
A 2012 Mitsubishi Eclipse Spyder, final model year for the DSM-built Eclipse, found in a Colorado wrecking yard.
- TechCrunch
Google I/O 2024: Here's everything Google just announced
It’s that moment you’ve been waiting for all year: Google I/O keynote day! Google kicked off its developer conference each year with a rapid-fire stream of announcements, including many unveilings of recent things it's been working on. On Wednesday, Google announced it is adding new security and privacy protections to Android, including on-device live threat detection to catch malicious apps, new safeguards for screen sharing, and better security against cell site simulators.