Monthly Archives: October 2021

Bitcoin’s retreat from $66K may signal a whipsaw end to an ’emotional’ year

Bitcoin (BTC-USD) may finish 2021 defined by the same vertigo-inducing price action that took it from under $30,000 to a fresh record near $66,000 within the space of a few months, analysts say. On Thursday, investors booking profits in the wake of the successful launch of two Bitcoin futures-based exchange traded funds (ETFs) last week dragged the digital coin down by about 5% on the day. More new funds are expected to hit the market from issuers like VanEck, Galaxy Digital and Bitwise,… Source link

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Robinhood users clamor app to add Shiba Inu

Robinhood (HOOD) customers have been clamoring for the investing app to add Shiba Inu (SHIB-USD), the newest meme coin which hit all time highs on Thursday.  A change.org petition with over 300,000 signatures is asking Robinhood to list the SHIB token, as it’s known. Judging by the meme coin’s popularity, Robinhood knows listing it would likely bring in new accounts. But the company appears to be treading carefully around new meme assets — one of the drivers for its success in the… Source link

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Mike Tyson says he wishes he smoked cannabis his whole career

Boxing legend Mike Tyson may have pulled off an impressive return from retirement last year with an unofficial draw with Roy Jones Jr., but unlike ageless wonder Tom Brady, the heavyweight champion is being less secretive about his methods to fight father time. Iron Mike credits cannabis. Speaking with Yahoo Finance about the debut of his eponymous Tyson 2.0 cannabis line in partnership with cannabis company Columbia Care, the 55-year-old said he wished he smoked cannabis his “whole career”… Source link

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Google Claims Its New Phone Camera Shows Darker Skin Better

The WSJ asked visitors to San Francisco’s Fisherman Wharf for permission to photograph them, then asked which they liked best. We took their photos outside on a partly cloudy day, with the normal wide-angle lens on three phones—Google’s Pixel 6, Samsung’s Galaxy S21 and Apple’s iPhone 13 Mini. Justin Sullivan/Getty, Cover: Google/AFP/Getty Source link

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Here’s how Microsoft may spend $130 billion in cash

Microsoft (MSFT) could easily go hunting for another whale of an acquisition with its $130.6 billion in cash, analysts say.  It has a lot of options on where it could look. “There are lots of different areas that we think Microsoft could acquire. We think Microsoft will continue to be acquisitive. I think there is plenty of opportunity for them to continue to expand their cloud application footprint. If you think about it, they have less than 10% market share in front office applications…. Source link

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The median home price just passed $400,000 for the first time ever

The median U.S. home price just passed $400,000 for the first time ever, according to data from the St. Louis Federal Reserve. In the third quarter the median home price hit $404,700, jumping nearly 20% since third quarter of 2020, when the median sales price was $358,700. Though it’s an eye-catching number, the market has been hot of late, and a lack of inventory and high demand means foretold the rise in home prices. According to a recent note from Goldman Sachs, home prices could rise… Source link

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The real problem that might hurt Facebook

FFacebook CEO Mark Zuckerberg. (AP Photo/Andrew Harnik, File) This article was first featured in Yahoo Finance Tech, a weekly newsletter highlighting our original content on the industry. Get it sent directly to your inbox every Wednesday by 4 p.m. ET. Subscribe Wednesday, October 27, 2021 Without younger users, Facebook could be in big trouble Former Facebook (FB) employee Frances Haugen fired up lawmakers, parents, and likely many others by leaking a trove of seemingly damning internal company… Source link

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