Thanks to Google, we now know more about the forthcoming Pixel 6 and Pixel 6 Pro flagships, and it looks like a big upgrade is coming. Google’s Pixel 6 will likely offer a huge upgrade over the current Pixel 5 (pictured) © 2020 Bloomberg Finance LP ADVERTISEMENT MORE FROM FORBESGoogle Accidentally Reveals Significant Google Photos ChangeBy Paul Monckton Google’s Pixel 6 range, already the subject of numerous exciting leaks, has again come under the spotlight thanks to new… Source link
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Covid-19 Opportunity Still at Play for Novavax, Says Top Analyst
Delays for the regulatory filings of its Covid-19 vaccine NVX-CoV2373 (NUVAXOVID) have meant Novavax (NVAX) has been unable to get its offering out to the public yet. You would think that with other leading players firmly planted in the public and health policy makers’ consciousness, maybe the opportunity has already passed for last year’s outstanding performer. However, in late-stage studies, the vaccine’s data has shown to be just as good as those of the leading approved vaccines…. Source link
Read More »Android TV is swiping some of Google TV’s best features
Android TV is swiping some of the best content discovery tools from the Google TV platform, including a watchlist and more finely tuned recommendations. Beginning this week, Android TV users will be able to add titles to a watchlist that will populate as a row in the Discover tab. To add movies and series to this section, users can either select “watchlist” from a title’s details page or long-press on a title from the Discover tab and select “add to watchlist.” Additionally,… Source link
Read More »GlobalFoundries to build New York factory, boost chip output
By Stephen Nellis (Reuters) -Semiconductor manufacturer GlobalFoundries said on Monday it will build a second factory near its in Malta, New York, headquarters, and spend $1 billion to boost output to address the global chip shortage. GlobalFoundries, owned by the United Arab Emirates’ sovereign wealth fund Mubadala Investment Co, makes radio-frequency communications chips for 5G, chips for high-reliability manufacturing for automotive customers, and other specialized semiconductors. The new… Source link
Read More »Clover Health CEO speaks out for first time on hospital controversies
Clover Health (CLOV) CEO Vivek Garipalli has had a tumultuous year following the company’s merger with Chamath Palihapitiya’s SPAC. Though now a meme stock, it’s battling lawsuits spurred by a report from short-seller firm Hindenburg Research alleging the company withheld information about legal issues from investors. It isn’t the health care executive’s first run-in with criticism about his business practices. Three New Jersey hospitals he owned and operated, with two partners, made… Source link
Read More »U.S. homebuilder confidence falls to 11-month low in July
By Evan Sully (Reuters) -U.S. homebuilder confidence in the market for single family homes fell in July to its lowest level since August 2020, driven by shortages in both supply and labor. The NAHB/Wells Fargo Housing Market index declined to a reading of 80 this month from 81 in June. Economists polled by Reuters had expected the index to advance marginally to a reading of at 82. A reading above 50 means more builders view market conditions as favorable than poor. The index hit an all-time… Source link
Read More »Zoom Bets on AI with $14.7 Billion Deal to Acquire Five9
(Bloomberg) — Zoom Video Communications Inc., whose online conferencing services took off during the Covid-19 pandemic, agreed to acquire Five9 Inc. for $14.7 billion, using its surging stock to expand into an adjacent market that could bolster revenue as lockdowns end. The value of the all-stock offer is $200.18 a share based on the closing price for Zoom’s common stock on Friday, compared with Five9’s $177.60 price on Friday, the companies said a statement Sunday. The target firm will… Source link
Read More »Bitcoin Resumes Slide Toward $30,000 as Crypto Confidence Ebbs
(Bloomberg) — Bitcoin’s selloff accelerated Monday, pushing it closer to $30,000 once again. The world’s largest digital coin, down as much as 3.3% at one point during the session, continues to ebb closer to the pivotal round-number level, trading around $30,628 as of 9:41 a.m. in New York. Chartists are watching to see if it breaks below that support, which could exacerbate its decline and set it up for its lowest close since the start of the year. The retreat comes amid a broader… Source link
Read More »Bitcoin Drops as Investors Buy $22K and $20K Puts
Bitcoin is falling a day after the options market saw increased demand for out-of-the-money or lower strike put options at $22,000 and $20,000. The leading cryptocurrency was trading at a three-week low of $30,700 at press time, representing a 3.5% drop on the day. The decline has flipped the crucial 50-week simple moving average (SMA) support of $32,250 into resistance. On Sunday, 500 contracts of the $22,000 put option expiring on Dec. 31 changed hands via the institution-focused… Source link
Read More »Wall Street dives as COVID-Delta variant worries swamp earnings; Robinhood seeks $35B valuation
Stocks sank on Monday, pushing Wall Street benchmarks lower even as second-quarter earnings results reflect a strengthening economic rebound, as rising worries over inflation and the resurgence of new COVID-19 infections rattled investors. This week’s batch of earnings will include industry leaders like Netflix (NFLX) and Johnson & Johnson (JNJ), offering a fuller picture of how companies are faring as more parts of the economy reopened in the spring and early summer. All eyes will also be on… Source link
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