Yearly Archives: 2021

What We Know And What We Don’t Know

As the world continues to contend with COVID-19, much about the virus remains uncertain, including its interactions with cannabis. In the early months of the pandemic, various studies linked pot to both adverse and beneficial results. The trend continues today, with little conclusively known about the cannabis-COVID medical connection if indeed there is one. That said, it is much clearer to see that the pandemic created a significant beneficial impact on the marketplace. Almost All Conclusions… Source link

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Stocks to Commodities Sink on Fed Taper Worries: Markets Wrap

(Bloomberg) — Global markets tumbled across the board, as investors fled to the safety of U.S. Treasuries and the dollar, amid concern the Federal Reserve may start tapering stimulus this year even as the delta virus variant undermines global growth. U.S. stock-index futures fell, with contracts on the S&P 500 Index losing as much as 1.1%, and European stocks slid the most in a month. A selloff in commodities deepened, as iron ore plunged more than 10% and oil headed for the longest slump… Source link

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Google Photos adds ‘Ancient wonders’ Memory collection

The ever-expanding Google Photos auto-generated Memories collections are expanding yet again with the addition of an “Ancient wonders” selection that features old architecture and natural rock formations. Google confirmed earlier this year that Google Photos will add more directly personalized Memories collections over time. This means that while many of these collections appear to roll out widely, not all of them are visible to everyone using the service. We have actually seen… Source link

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Russia fines Google again for failing to remove banned content

MOSCOW, Aug 19 (Reuters) – A Moscow court on Thursday fined Alphabet Inc’s Google (GOOGL.O) 6 million roubles ($80,881) for failing to delete content that Russia deems illegal, the second such penalty to be imposed on the U.S. tech giant in less than a week. Amid a wider standoff with Big Tech, Russia has hit Google and other companies with a series of small fines in the past year, some concerning banned content and others for failing to localise user data on Russian territory. read more

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World markets head lower as Federal Reserve taper fears realised

Jerome Powell, chairman of the Federal Reserve. The Fed’s meeting notes showed that officials agreed on slowing the pace of bond purchases later this year. Photo: Tom Williams/CQ-Roll Call, Inc via Getty Images European markets declined on Thursday morning in London, pulling back after anxiety shook Wall Street about the potential tapering of bond purchases.  The FTSE (^FTSE) was down 2.1% by 9.40am, Germany’s DAX (^GDAXI) was down 1.7% and the CAC (^FCHI) was almost 2.8% lower.  Over the… Source link

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Grubhub and Yandex SDG Launch Robot Delivery Technology at The Ohio State University

The Big 10 school is the first campus to deploy Grubhub delivery via Yandex robots as students return for the fall semester CHICAGO, Aug. 19, 2021 /PRNewswire/ — Grubhub, the leading online and mobile food-ordering and delivery platform on college campuses, and Yandex Self-Driving Group (SDG), a leading autonomous vehicles developer inside Yandex, one of Europe’s largest internet companies, will roll out delivery via Yandex’s robots at its first college campus — The Ohio State University… Source link

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Retail shareholders ask questions on Robinhood call

Robinhood’s (HOOD) earnings call included a series of previously submitted shareholder questions ranging from “Will HOOD pay out a dividend in the future?” to “Is Robinhood getting a crypto wallet?” The investment app has no plans to issue dividends, and as for crypto wallets, “it’s something our team is working on” but it’s currently challenging because of scale, answered CEO Vlad Tenev.  In line with the company’s “democratize finance for all” theme, the trading platform allowed… Source link

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Stock futures open TK after Fed minutes point to taper talk

Stock futures opened slightly lower Wednesday evening after a selloff during the regular trading day, driven by jitters over a potential shift in monetary policy that might remove some of the stimulus underpinning equity markets.  Contracts on the S&P 500 ticked lower. Earlier, both the S&P 500 and Dow dropped more than 1% to post a back-to-back session of gains.  Shares of Robinhood (HOOD) dropped more than 8% after the trading platform delivered its first earnings report since going… Source link

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Nvidia Q2 revenue jumps 68% on strength of gaming and data center businesses

Nvidia (NVDA) reported its fiscal Q2 2022 earnings after the bell on Wednesday, beating Wall Street expectations on the back of the continued growth of the company’s important data center and gaming segments, driving revenue up a whopping 68% year-over-year for the quarter. Here are the most important numbers from the report compared to what analysts were expecting, as compiled by Bloomberg. Revenue: $6.51 billion versus $6.33 billion expected EPS: $1.04 versus $1.01 expected Data Center:… Source link

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