Waymo One, the ride-hailing service that uses driverless vehicles in the suburbs of Phoenix, can now be accessed and booked through Google Maps. This will be the first fully autonomous ride-hailing option available in the app, which will roll out first to Android users, Waymo said Thursday. The team-up not only brings together two Alphabet companies, it signals Waymo’s push to become more visible and accessible to the public. Waymo has abut 600 vehicles in its U.S…. Source link
Read More »Yearly Archives: 2021
This is no longer our grandparents’ or parents’ stock market: strategist
Love it or hate it, the Meme Market is back, and Wall Street strategists say it can’t be ignored. While shares of AMC Entertainment (AMC) are having a volatile Thursday, the social-media-fueled trading frenzy has pushed shares of AMC up nearly 3,000% this year, giving the money-losing movie theater chain a market value of more than $30 billion. AMC is not alone. Shares of Bed, Bath & Beyond (BBBY), Express (EXPR), and BlackBerry (BB) are all up this year. It’s reminiscent of the… Source link
Read More »Jefferies Blocks Short Sells in GameStop, AMC, MicroVision
(Bloomberg) — Jefferies told clients Wednesday its prime brokerage arm will no longer allow the execution of short sells in GameStop Corp., AMC Entertainment Holdings Inc. and MicroVision Inc., according to a memo seen by Bloomberg News. “Until further notice, Jefferies Prime Brokerage will no longer offer custody on naked options in GME, AMC and MVIS,” the memo noted. The firm will no longer allow the execution of short sells of those securities, the memo continued, noting that other… Source link
Read More »Tesla revises plans for German gigafactory with more details on product lines
FRANKFURT (Reuters) – Tesla on Thursday revised its application for a planned gigafactory in Europe to include details for plans to produce battery cells on site and an expansion of other production lines, German officials said. It also includes plans to reduce water consumption so that usage remains constant compared to earlier proposals despite the expansion. Tesla has sharply criticised the lengthy regulatory processes in Germany and has pushed back the factory’s opening date. The… Source link
Read More »Biden order to ban investment in 59 Chinese defense and tech firms
By Michael Martina WASHINGTON, June 3 (Reuters) – The Biden administration will issue a new executive order on Thursday that bans U.S. entities from buying or selling publicly traded securities for 59 Chinese companies with alleged ties to defense or surveillance technology sectors, senior administration officials said. The Treasury Department will enforce and update on a “rolling basis” the new ban list, which replaces one from the Department of Defense, the officials, noting the policy would… Source link
Read More »Why Bed Bath & Beyond CEO isn’t getting sucked into meme stock mania (unlike AMC CEO)
This journalist remembers chatting on a number of occasions with Mark Tritton when he was the whiz kid behind Target’s merchandising revival from 2016 to 2019. Tritton — serving as Target’s chief merchandising officer — was level-headed, decisive, creatively-focused and believed he could bring the cheap chic cool factor back to the discount retailer. He achieved his mission (Tritton remains a big reason why it’s fun to shop at Target), and Target’s bottom line continues to benefit from… Source link
Read More »AMC stock is worth less than a movie ticket: analyst
Wall Street pros continue to come out in force to remind retail traders of going all in right now on meme stock favorite AMC Entertainment (AMC). Macquarie analyst Chad Beynon and his team reiterated their $6 price target (the cost of one ticket at an AMC theater is about $14) and Neutral rating on AMC in early afternoon trading Thursday. While the group commended AMC CEO Adam Aron for his embrace of the enthusiastic retail trading community and voiced optimism on a box office recovery… Source link
Read More »Google will nudge users to adopt gender-neutral language
Jun 5th 2021 IN THE 1990S parodies of Clippy from Microsoft Word were a bit of a trend in cartoons and magazines. The annoying paper-clip-shaped figure would pop up as soon as you began writing “Dear…” and say: “It looks like you’re writing a letter,” before offering unsolicited advice on things such as formatting. Two decades later, various automatic aids to writing, including spelling and grammar-checkers, are much better. They are both more discerning—powered by artificial… Source link
Read More »Google Pixel Buds A-Series review: price is everything
With the new, awkwardly named Pixel Buds A-Series, Google is trying to do more than merely introduce a much cheaper set of true wireless earbuds: the company wants to get it right this time — and get it right for under $100. Google’s second-generation Pixel Buds were certainly an improvement over the company’s original wireless earbuds; let us never forget the most overly intricate carrying case of all time. But the 2020 earbuds came with issues of their own. At the top of that list… Source link
Read More »Google announces $99 Pixel Buds A-Series
As usual for Google hardware, the new Pixel Buds A-Series have already been extensively leaked, and the company even tweeted about them prematurely. But today, the earbuds are being officially announced. They’re priced at $99, a significant savings compared to the $179 standard Pixel Buds, and are available for preorder in the United States and Canada starting now. Google says the Pixel Buds A-Series be released on June 17th. They come in either olive green or white and gray. Despite… Source link
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