Nidia’s is using its Omniverse and AI technologies to build out self-driving car capabilities. (Image: Nvidia) Nvidia (NVDA) is well-known for its autonomous vehicle efforts, and at the company’s GTC 2021 conference, it’s rolling out three technologies to support its future self-driving capabilities: Nvidia Drive Hyperion 8, Drive Chauffeur, and Drive Concierge. Taken together, the technologies help Nvidia push deeper into the autonomous car space. What’s more, the technologies provide… Source link

(Bloomberg) — Every day in the early afternoon, money-market traders are glued to the Federal Reserve Bank of New York’s website to see the results of the overnight reverse-repurchase agreement facility. Most Read from Bloomberg They’re not the only ones. A screenshot of this obscure but important facility’s daily usage is religiously uploaded to a Reddit forum called Superstonk, a discussion board similar to WallStreetBets where users swap memes and stock tips. As usage of the facility… Source link

The City Council in The Dalles voted unanimously Monday night, 5-0, to approve a $28.5 million deal with Google to provide more water for the tech company to cool two new data centers there. The issue had trained national attention on the small city, which sits along the Columbia River about 80 miles east of Portland, and the broader question of water rights in the drought-stricken West. Google and The Dalles have refused to say just how much water the company’s three existing data centers… Source link

When stocks fall in price, it’s frequently a signal for renewed investor interest. After all, low share prices offer a chance to live up to the old market advice, ‘buy low and sell high.’ What investors need is some way to tell the underlying reasons for a drop in share price, whether it bodes well or ill for the stock. There is one signal that investors can look for – and that’s insider moves on a stock. Insiders are corporate officers, in positions of company leadership and… Source link

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