By Tom Westbrook SYDNEY (Reuters) – Bitcoin and ether made record peaks in Asia trade on Tuesday as enthusiasm for cryptocurrency adoption and fears about inflation lent support to the asset class. Bitcoin rose as high as $67,803 and ether, the second-biggest cryptocurrency by market value, hit $4,825 in early Asian hours. Both have more than doubled since June and added nearly 70% against the dollar since the start of October. “Crypto is where the fast money is at,” said Chris Weston, head of… Source link

Stock futures opened flat to slightly lower Monday evening after yet another record-setting session on Wall Street.  Contracts on the S&P 500 ticked down. The blue-chip index closed out an eighth straight day of gains on Monday, or its longest winning streak since 2017, to notch a fresh record high and close above the 4,700 threshold for the first time ever. Both the Dow and Nasdaq Composite also eked out record-setting gains. Equity investors rode an extended wave of optimism over solid… Source link

Marriott CEO Anthony Capuano is ready for a strong year-end as pandemic-era global travel restrictions are eased. “I think it was Sept. 20 when the administration announced their intention to open up the borders. We saw an immediate spike in bookings and have seen it right through to today,” Capuano said on Yahoo Finance Live.  Today, the U.S. ended a pandemic travel ban on international visitors from 33 countries. The ban has lasted 19 months, and was first implemented by the Trump… Source link

(Reuters) -Robinhood Markets Inc said on Monday a third party had obtained access to the email addresses of about five million of its customers. The fee-free broker said the full names of a different group of about two million people were also exposed in the breach, while 310 people had more personal information, including names, birth, dates and zip codes, compromised. Robinhood said it believed no social security numbers, bank account numbers, or debit card numbers were exposed and that… Source link

Alphabet, Google’s parent company, briefly hit a market cap of $2 trillion. The tech behemoth’s market cap is currently at a comfortable $1.98 trillion, but crept over the $2 trillion mark midday Monday, later closing out at $2,987.03 per share. Alphabet’s market cap has just about doubled from $1 trillion since January 2020. In the third quarter of 2021, Alphabet had a record quarter, earning a hefty $65.1 billion. The company reported that its revenue soared by 41 percent, while… Source link

Year-over-year Revenue Up 102% to $509.3 Million; Bookings Up 28% to $637.8 Million; and Free Cash Flow of $170.6 million SAN MATEO, Calif., November 08, 2021–(BUSINESS WIRE)–Roblox Corporation (NYSE: RBLX), a global platform bringing millions of people together through shared experiences, released its third quarter 2021 financial results today and separately posted a letter to shareholders and supplemental materials on the Roblox investor relations website at ir.roblox.com. Third Quarter… Source link

What if President Biden signed the big infrastructure bill Congress just passed … and then nothing much happened for the next 12 months? No more “build back better” legislation, no more Democratic infighting over social-welfare spending, no more kowtowing to Joe Manchin? If Biden’s sole focus were regaining his popularity and giving his party a fighting chance in next year’s midterm elections, he might just abandon the huge green-energy and social-welfare bill Democrats are still… Source link

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Shiba Inu dog. AP Photo/Shizuo Kambayashi A 35-year-old former supermarket warehouse manager who made an $8,000 bet on shiba inu at the start of the year is now enjoying his retirement thanks to the meme coin’s stunning rally. Rob, who is from northern England, told Fortune he dabbled in cryptocurrencies to supplement his $68,000 yearly salary so he could create a better life for his partner and their son. Unexpectedly, he came across shiba inu, which was founded in August 2020. And upon… Source link

The Biden administration lifting a COVID-19 related travel ban on international visitors on Monday is already proving to be a tailwind for hotelier Hyatt. “This is a momentous day. Reopening the borders for vaccinated travelers is a really great step to take forward and re-engage. The day the Nov. 8 date was announced, we saw an instant surge in bookings. By the way, this week was up 50% overnight in terms of bookings. It just demonstrates what we have seen in virtually every segment of our… Source link