Bloomberg Crypto Insiders Posit Bitcoin Price Floor Around $30,000 Level (Bloomberg) — Bitcoin has been grinding lower in a trading range just above $30,000, prompting cryptocurrency insiders to flag the round number as a potential floor for the virtual coin.Crypto prognostication is fraught with risk, not least because Bitcoin’s price has roughly halved from a record high three months ago. Even so, some in the industry are coalescing around $30,000 as a support point, citing clues from… Source link
Read More »Monthly Archives: July 2021
Google separates with Cloud VP after employees complain about manifesto
Google Cloud headquarters sits in Sunnyvale, California. Google Cloud Google has parted ways with its VP of developer relations for Google Cloud after a contentious all-hands meeting. “I wanted to share that today is Amr Awadallah’s last day at Google,” wrote Vice President of Engineering & Product for Google Cloud Eyal Manor in an email to staff Thursday evening and viewed by CNBC. “Effective immediately, the Cloud DevRel organization will report into Ben Jackson, who will report into Pali… Source link
Read More »Tesla registrations in California surge 85% in second quarter
(Reuters) – Tesla Inc’s vehicle registrations in California rose more than 85% in the second quarter versus last year, largely due to the success of the company’s Model Y, according to data from Cross-Sell https://info.cross-sell.com/tesla-special-report-0, a research firm that collates title and registration data. The automaker posted record vehicle deliveries for the April-to-June quarter earlier this month, as it dealt with a semiconductor shortage and relied on sales of its cheaper… Source link
Read More »Google Maps suggests ‘potentially fatal’ routes up Ben Nevis, say mountain charities | Google Maps
Scottish mountaineering charities have criticised Google for suggesting routes up Ben Nevis and other mountains they say are “potentially fatal” and direct people over a cliff. The John Muir Trust, which looks after the upper reaches of the UK’s highest mountain, said attempts to contact the company over the issue had been met with silence. The charity said certain searches for routes up Ben Nevis on Google Maps directed users to the car park nearest the summit as the crow flies, and… Source link
Read More »Moderna Set to Join S&P 500
NEW YORK, July 15, 2021 /PRNewswire/ — Moderna Inc. (NASD:MRNA) will replace Alexion Pharmaceuticals Inc. (NASD:ALXN) in the S&P 500 effective prior to the opening of trading on Wednesday, July 21. AstraZeneca Plc (LSE:AZN; NASD:AZN) is acquiring Alexion Pharmaceuticals in a deal expected to be completed soon pending final closing conditions. Following is a summary of the changes that will take place prior to the open of trading on the effective date: Effective Date Index Name Action Company… Source link
Read More »Stock futures open lower, extending earlier declines
Stock futures opened lower Thursday evening to extend decline from the regular session. Contracts on the S&P 500 moved to the downside. Earlier during the regular session, the Nasdaq lagged, with technology and growth stocks coming under selling pressure as concerns over the strength of the U.S. economy recovery increased. This week, investors have taken in a bevy of new economic data alongside an early batch of second-quarter earnings results. On the economic side, data have been mixed,… Source link
Read More »Moderna Climbs as S&P 500 Set to Welcome Covid Vaccine Maker
(Bloomberg) — Moderna Inc. climbed more than 6% in extended trading Thursday after the vaccine maker was named to the S&P 500 Index in one of the most noteworthy additions to the index since Tesla Inc. joined late last year. The company, whose messenger-RNA vaccine has helped to fight the Covid-19 pandemic, will replace Alexion Pharmaceuticals Inc. in the benchmark U.S. index before the opening of trading on July 21. Alexion is set to be acquired by U.K. drugmaker AstraZeneca Plc. Shares of… Source link
Read More »Google adds option to instantly delete your last 15 minutes of search history
Google is launching a new privacy feature for search that lets you instantly delete your last 15 minutes of search history on mobile, the company announced on Thursday. The new option was first revealed alongside several other search and Chrome improvements at I/O 2021 and is now rolling out to everyone. The option to delete your last 15 minutes of search history is currently only available in Google’s iOS app and is headed to Android later this year. On desktop, your options for… Source link
Read More »When to buy and sell bitcoin? It’s ‘exactly the opposite’ of stocks: DataTrek
Bitcoin was trading for well over $60,000 in April, after making an astounding run from $11,000 in October. But after a tough first half of May, it’s been at about $33,000 as the crypto buzz died down. The cycles of bitcoin’s (BTC) popularity are a hallmark of the digital asset, so far at least, and despite its novelty, it’s old enough (12 years) for some patterns to have emerged. Though there’s no guarantee that what comes next won’t be different, hedge fund veteran and co-founder of… Source link
Read More »Is Yandex NV (YNDX) Stock a Attractive Value?
Yandex NV (YNDX) stock is higher by 27.36% over the last 12 months, and the average rating from Wall Street analysts is a Strong Buy. InvestorsObserver’s proprietary ranking system, gives YNDX stock a score of 65 out of a possible 100. That rank is chiefly influenced by a short-term technical score of 70. YNDX’s rank also includes a long-term technical score of 69. The fundamental score for YNDX is 56. In addition to the average rating from Wall Street analysts, YNDX stock has a mean… Source link
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