Monthly Archives: October 2021

U.S. Futures Drop as Surging Oil Unsettles Traders: Markets Wrap – Yahoo Finance

(Bloomberg) — U.S. futures dropped with European stocks as the highest oil prices since 2014 stirred fears that a spreading energy crunch will derail the global pandemic recovery. Most Read from Bloomberg West Texas Intermediate crude rose past $80 a barrel and China’s coal futures reached a record as flooding shuttered mines. European equities were modestly lower, with declines led by travel companies. U.S. contracts also slipped, with those on the tech-heavy Nasdaq 100 underperforming the… Source link

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Google’s plans for Fuchsia OS teased in job listings

Google says “it’s time” to now bring its mysterious Fuchsia operating system to “additional smart devices and other form factors” beyond smart displays, according to a number of job listings first spotted by 9to5Google. Fuchsia is Google’s newest operating system which was released earlier this year for the company’s first-generation Nest Hub. There’s been a lot of speculation about Google’s plans for Fuchsia, which unlike Android and Chrome OS doesn’t use a Linux… Source link

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Inflation is here. It’s ugly. It stings. But it could make you money: Morning Brief

This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Monday, October 11, 2021 Funny (or sad, depending on how you look at it) short story from this past week that will inspire you to (hopefully) scrutinize your portfolio as we head into 2022.  I enjoy grocery shopping, really ever since I raised hell down the canned-goods aisles with my mom as a kid. The thrill of finding that perfect looking steak… Source link

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Yandex buys Wind’s Israel e-scooter operations

Russian tech giant Yandex is buying the e-scooter rental operations of Wind in Israel. Yandex already operates the Yango taxi hailing and delivery service in Israel and is currently expanding into other operations. Yandex also today announced that former Partner deputy CEO Yuval Keinan is to head its Israel operations. Yandex is also developing an autonomous vehicle for deliveries and Wind’s operations may complement its Yango delivery service by allowing staff making… Source link

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‘Pixel Pass’ is Google’s rumored response to Apple One

Google seems poised to announce a new subscription bundle called “Pixel Pass,” which would combine a new Pixel device with an extended warranty and premium subscriptions for several Google services. The unconfirmed bundle has been detailed in a leaked image published by Brandon Lee. It’s unclear how much Pixel Pass would cost, but the documents suggest it will be sold via Google Fi and the Google Store alongside the purchase of a Pixel device. As Lee notes, Pixel Pass appears to… Source link

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Bitcoin Network Settled Record $31B in Single Day Last Week

BeInCrypto – The Bitcoin network hit a new milestone on Oct. 6, settling $31 billion in transactional value. The new all-time high caps off an incredible rise in settlement value since the start of the year. The bitcoin network settled a record $31 billion in a single day on Oct. 6, 2021. This marks a new all-time high for settlement numbers on the network. For some perspective, this represents a 40x jump in settlement value since the start of 2020. Since then, however, there has been a… Source link

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China has won AI battle with U.S., Pentagon’s ex-software chief says

LONDON (Reuters) -China has won the artificial intelligence battle with the United States and is heading towards global dominance because of its technological advances, the Pentagon’s former software chief told the Financial Times. China, the world’s second largest economy, is likely to dominate many of the key emerging technologies, particularly artificial intelligence, synthetic biology and genetics within a decade or so, according to Western intelligence assessments. Nicolas Chaillan, the… Source link

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GLOBAL MARKETS-US stock futures lead Asia lower, dollar gains on yen

* Asian stock markets: https://tmsnrt.rs/2zpUAr4 * US stocks futures slip as earnings season looms * Oil leads energy complex higher, stokes inflation risk * Dollar reaches highest on yen since April 2019 By Wayne Cole SYDNEY, Oct 11 (Reuters) – Asian shares slipped on Monday as global inflation angst favoured commodities as a hedge over U.S. equities, while rising U.S. bond yields lifted the dollar to two-and-a-half year peaks against the Japanese yen Nasdaq futures and S&P 500 futures were both… Source link

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Oil Surges Past $80 With Global Power Crisis Set to Boost Demand

(Bloomberg) — Oil surged past $80 a barrel as the global power crunch rattled a market in which OPEC+ has only been restoring output at a modest pace. Most Read from Bloomberg West Texas Intermediate futures climbed around 2% in Asian trading after topping the psychological price threshold on Friday for the first time since November 2014. The prices of fuels such as coal and natural gas are soaring in Europe and Asia as stockpiles run low ahead of the Northern Hemisphere winter, prompting a… Source link

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