“Google” is the most searched term on Bing “by far,” according to a lawyer working for Google’s parent company, Alphabet. According to Bloomberg, Google made the argument while trying to get its $5 billion antitrust fine from the EU overturned, using the statistic as evidence that people use Google by choice, not force. The fine Google faces is from the European Commission, which says that Google has abused its position as the maker of Android. The regulator says that Google… Source link
Read More »Yearly Archives: 2021
Bitcoin, ethereum rise as Venezuela launches digital currency
An advertisement for bitcoin and cryptocurrencies. Photo: Reuters Cryptocurrencies were broadly higher on Friday morning, ending a volatile week on a high note, as Venezuela’s government-backed digital currency kicks into gear and the US Federal Reserve chair said he has no intentions of banning crypto. Bitcoin (BTC-USD) was up roughly 3% to trade at $44,537 (£33,108) while Ethereum (ETH-USD) the world’s second largest crypto by market cap was up 2.3% to trade at $3,074. Venezuela had… Source link
Read More »European markets tumble as Eurozone inflation jumps to 13-year high
‘Investors are now nervously eyeing October, and wondering perhaps if this could be the beginning of further weakness.’ Photo: Daniel Roland/AFP via Getty Images There was blood in the markets on Friday, as European stocks dragged lower after posting their first negative month since January. It came as Eurozone inflation hit its highest level in 13 years due to surging energy prices. According to Eurostat, headline inflation came in at 3.4% last month, the highest level since September 2008… Source link
Read More »Stocks, Futures Begin New Quarter With Declines: Markets Wrap
(Bloomberg) — U.S. and European futures started October on the back foot alongside Asian stocks, after overnight losses in the S&P 500 capped its biggest monthly selloff since March 2020. Most Read from Bloomberg Shares slumped in Japan and Australia, and a gauge of Asian stocks hit its lowest in more than a month. China began a week-long holiday and Hong Kong’s market was shut Friday. The S&P 500 closed at the lowest level since July, extending its September losses to almost 5%…. Source link
Read More »Kareem Abdul-Jabbar tells unvaccinated ‘let’s get with it’
Kareem Abdul-Jabbar has been outspoken in his advocacy for the COVID-19 vaccine, and he has a message for the 5% of NBA players who still have not gotten it. “Lives are at stake. It’s important here. People are dying,” Abdul-Jabbar told Yahoo Sports. “The ignorance that has been perpetrated and the misinformation that has been spread around everywhere has made it impossible for people to get an understanding of what is going on. “People who say they haven’t finished doing the research yet,… Source link
Read More »Stock futures edge up after September slump
Stock futures opened slightly higher Thursday evening after dropping during the regular session, with equities ending a volatile month in the red. The S&P 500 ended a seven-month winning streak in September, posting an about 4.8% monthly decline. The Dow ended September lower by 4.4%. The Nasdaq underperformed, shedding 5.4% amid a broad rotation away from growth and technology stocks as expectations for elevated inflation and higher rates took holding. “As I look at my ‘what am I going to… Source link
Read More »Week 4 NFL DFS Top Picks and Value Plays on Yahoo
Yahooooo! There are 13 games on the Yahoo main slate that begins at 1 p.m. ET on Sunday. This piece highlights my top overall plays, values, and best tournament plays for guaranteed prize pools (GPPs) at each position while using our Player Models. I will specifically be referencing the Bales Model. As news breaks throughout the week and we adjust our projections, player ratings in our Player Models will change. For updates, visit the models directly. Quarterbacks Top Play My top… Source link
Read More »With Google Moving In, Hudson Square Is Getting a Makeover
Art: Courtesy WXY Architects on behalf of the Hudson Square BID Last week, when Google announced it was buying the immense St. John’s Terminal for $2.1 billion — the most money spent on an office during the pandemic anywhere in the U.S. — many media outlets mistakenly reported the company was heading to Hudson Yards. It was an… Source link
Read More »Giant S&P 500 Options Trade Made to Guard Against 20% Swoon
(Bloomberg) — A trader just established a massive hedging position via options to protect a portfolio of stocks in the event that the S&P 500’s losses snowball toward 20% during the fourth quarter. Most Read from Bloomberg The trader Thursday morning bought 45,300 put-spread collars — options cocktails that combine various strike prices in a single strategy — on the S&P 500 for $94 million. The order involved selling calls with a strike price at 4,505 while buying puts exercising at 4,135… Source link
Read More »McDonald’s is bringing back the McRib — again
Baby (back ribs) come back? In a surprise announcement on Thursday, McDonald’s (MCD) revealed the upcoming return of its cult classic menu item, the McRib — just in time for the sandwich’s 40th anniversary. The BBQ favorite, which is made of seasoned boneless pork, barbecue sauce, onions and pickles on a bun, will be available on menus beginning November 1. The McRib has built up a substantial following over the years, despite the fact that it has not been a consistent menu item for the… Source link
Read More »