(Bloomberg) — U.S. stocks fell, snapping a streak of seven consecutive closing record highs, as a plunge in Treasury yields to the lowest since February weighed on banks and small caps. A gauge of the dollar strengthened and crude oil dropped from a six-year high. The benchmark S&P 500 was led lower by the energy and financial sectors, ending the rally of record closes that was the longest since 1997. Amazon.com pushed the Nasdaq 100 to another all-time high. Ride-hailing firm Didi Global… Source link

Clover Health (CLOV) is joining other Medicare Advantage (MA) plans in offering a grocery benefit to its members, an option that was first made available by the U.S. Centers for Medicare and Medicaid Services (CMS) in 2018.  Clover CEO Vivek Garipalli told Yahoo Finance the goal is to help alleviate health-determining factors, known in the industry as social determinants of health, which include access to healthy food. Major MA players like Humana (HUM) and Centene (CNC) have already begun to… Source link

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A Yandex.Rover autonomous delivery robot on a snow-covered path as it transports online food orders … [+] to customers in Innopolis, Russia, on Tuesday, Dec. 1, 2020. Yandex NV, Russia’s largest internet company, is rolling out a suitcase-sized robot that will attempt to deliver take-out despite winter snow storms. Photographer: Andrey Rudakov/Bloomberg © 2020 Bloomberg Finance LP Yandex, a Russian tech company working on self-driving systems, is partnering with GrubHub to deploy… Source link

Amazon (AMZN) officially has a CEO not named Jeff Bezos as of Monday (it’s Andy Jassy), but a stock price that’s acting like it normally does: moving up and to the right.  Shares of the tech beast have surged 14% to $3,642 in the past month in the lead-up to Jassy assuming the CEO mantle from the soon-to-be astronaut Bezos. As of Tuesday afternoon trading, Amazon’s ticker page was the most trafficked on the Yahoo Finance platform — beating out Didi (stock down 21% after a China crackdown… Source link

MOSCOW (Reuters) – Driverless robots will soon deliver food to students on college campuses in the United States after Russian tech giant Yandex and online food-ordering company GrubHub agreed a multi-year partnership, Yandex said on Tuesday. Sometimes described as Russia’s Google, Yandex offers a raft of services, from advertising and search to ride-hailing and food delivery. It began testing autonomous delivery robots in 2019 and already operates at some locations in central Moscow… Source link

For more stories like this, please subscribe to the Phoblographer. Today, Fujifilm Velvia 100 is being discontinued by Fujifilm in America. And this time around, it’s not because of sales. It’s fairly well-known industry knowledge that everyone reaches for Velvia 50 instead. But Fujifilm Velvia 100 is being discontinued only in America. Why? The answer is with Phenol, Isopropylated Phosphate. This chemical is part of the layers of Fujifilm Velvia 100. The EPA (Environmental Protection… Source link

The latest OPEC standoff that is keeping oil prices at lofty levels opens the door for investors to potentially profit from several oil-related stocks, according to Goldman Sachs energy analyst Neil Mehta.  Mehta outlined 10 oil stocks he is bullish on in a new piece of research on Tuesday: (1) Occidental Petroleum (OCY); (2) ExxonMobil (XOM); (3) Ovintiv (OVV); (4) Diamondback Energy (FANG); (5) ConocoPhillips (COP); (6) EQT Corporation (EQT); (7) Pioneer Natural Resources (PXD); (8) Devon… Source link

MOSCOW, July 6 (Reuters) – Driverless robots will soon deliver food to students on college campuses in the United States after Russian tech giant Yandex and online food-ordering company GrubHub agreed a multi-year partnership, Yandex said on Tuesday. Sometimes described as Russia’s Google, Yandex offers a raft of services, from advertising and search to ride-hailing and food delivery. It began testing autonomous delivery robots in 2019 and already operates at some locations in… Source link

Indian commuters drives past an advertisement poster of Google in Bangalore on April 6, 2018. / … [+] AFP PHOTO / MANJUNATH KIRAN (Photo credit should read MANJUNATH KIRAN/AFP via Getty Images) AFP via Getty Images Estragon: “I can’t go on like this.” Vladimir: “That’s what you think.” – “Waiting for Godot” by Samuel Beckett Google’s recently-announced delay of the end of digital ad “cookies” until at least year-end 2023 still leaves much of the… Source link