Russian internet giant Yandex has announced that its Yango Deli online grocery service has launched in Paris. The French capital is the first European city to host the Yango Deli service, which was launched in Russia under the Yandex.Lavka name in 2019, before being rolled out to Tel Aviv. Yango Deli will commence operations with four ‘dark store’ warehouses, strategically located around Paris, promising 15 minute delivery times to a customer base of approximately… Source link

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Between the Pixel 3, Pixel 4A, Pixel 5 and Pixel 5A, which Google phone makes sense to buy now? Angela Lang/CNET … Source link

Apollo is eyeing leadership changes at Yahoo as it prepares to take over the media company. Former Hearst magazines head Troy Young has been among those advising Apollo, fueling speculation he could be tapped for a leadership role there. Apollo is expected to try to turn around the company by investing in editorial, subscriptions, and commerce. As Apollo Global… Source link

Stock futures opened little changed Tuesday evening after another record-setting session, with investors looking ahead to a key Federal Reserve event later this week. Contracts on the S&P 500 were flat to slightly higher. The index set record intraday and closing highs during the regular trading day, with investors piling into stocks in the energy and consumer discretionary sectors that had lagged over the past month. The Nasdaq also gained another 1%, rising for a fourth straight session and… Source link

Bitcoin crested above $50,000 on Monday, benefiting from simultaneous supply chain shortages and a crackdown from Chinese regulators – putting bitcoin mining on par with profits near the coin’s April all-time-high.  Now, building infrastructure for the energy-intensive business poses the greatest challenge for companies and individuals hoping to reap big money. That means finding cheap and reliable energy sources, striking deals and building out mining facilities. “Throughout the summer,… Source link

Inflation expectations are picking up as bond yields (^FVX, ^TNX, ^TYX) surge higher Tuesday and the reopening trade kicks back into high gear. As the debate heats up over whether these signs of price inflation are transitory or not, one prominent Wall Street strategist provides some context and warns not to view inflation too simplistically. At a recent Yahoo Finance Plus webinar, Liz Ann Sonders, chief investment strategist at Charles Schwab, broke down the dynamics of inflation, beginning… Source link

A new study from the Centers for Disease Control and Prevention (CDC) bolsters the argument that unvaccinated individuals are at a much higher risk of experiencing the worst outcomes of COVID-19 than vaccinated individuals. “These data indicate that authorized vaccines protect against SARS-CoV-2 infection and severe COVID-19, even with increased community transmission of the newly predominant Delta variant,” the CDC report stated. Between May 1 and July 25, 2021, unvaccinated residents of… Source link

(Bloomberg) — A basket of so-called meme stocks is surging, fueled by afternoon rallies for GameStop Corp. and AMC Entertainment Holdings Inc. The group of 37 retail-trader favorites tracked by Bloomberg soared 10% Tuesday, the most since early June, as trading volumes accelerated. GameStop and AMC, two of the most closely-followed meme stocks, surged 28% and 20% respectively. The afternoon rally caught most analysts by surprise as investors await insights from Federal Reserve Chairman Jerome… Source link

Bulls beware. Bears are watching a technical indicator for clues of a sign of what could come.  The Hindenburg Omen, which measures the ratio between the new 52-week highs and lows, was triggered on back-to-back days last week. The technical indicator is used to predict the likelihood of a market crash. But the signal isn’t followed by many traders — because it doesn’t have a reliable track record.  Art Cashin, markets guru and director of floor operations at UBS, recently described the… Source link