By David Wagner Investing.com — As a Bitcoin ETF in the United States will finally become a reality this week, some believe that Bitcoin will soon set new records, while others predict that investors will “sell the fact” after having “bought the rumor.” Indeed, it would not be the first time that Bitcoin has risen in anticipation of a major event, only to start falling as soon as that event becomes a reality. This was the case with the launch of CME Bitcoin futures in 2017, and more recently,… Source link

(Bloomberg) — Some of Southeast Asia’s old-money tycoons are boosting investment in technology startups, looking to ride a wave of surging valuations as they seek to counter the fallout of the pandemic on businesses ranging from retail to hospitality and manufacturing. Most Read from Bloomberg Holding companies, family investing arms and other vehicles of moguls from Thailand’s Dhanin Chearavanont to the Philippines’ Lance Gokongwei are either plowing millions of dollars directly into… Source link

This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Tuesday, October 19, 2021 Trash. That’s my word of the morning for you all.  My golf game was in trash-like form on Sunday afternoon while catching a quick 18 holes with Yahoo Finance senior columnist Rick Newman (whose play was not trash). I doff my cap to you, Sir Rick.  Trash was in my thoughts on the golf course (that led to trash play). I… Source link

Google’s Pixel 6 phones Google … Source link

(Bloomberg) — Most Asian stocks and U.S. futures slid Monday as surging energy prices cemented worries about inflation, sending bond yields higher. Most Read from Bloomberg MSCI Inc.’s gauge of Asia Pacific shares was on track for its first decline in four sessions as equities dropped in Japan, Hong Kong and China. U.S. contracts dipped after American stocks advanced on Friday, with the S&P 500 chalking its best week since July as earnings buoyed sentiment. Bond yields in New Zealand and… Source link

Google bought Fitbit in January, but for U.S. and Australian regulators, it’s not a done deal. The U.S. Department of Justice and the antitrust-focused Australian Competition and Consumer Commission are still investigating the $2.1 billion deal, according to Rod Sims, who heads the Australian regulatory agency. Sims explained Friday that his agency was still determining whether the deal presents privacy issues regarding the tech giant’s huge store of consumer… Source link

The NFL got what it needed: Sunday. After a week in which the public started to really see what the league is, to get a glimpse of just how slimy its underbelly truly is, it needed Sunday. Because once Sunday arrived, enough fans who may have been mildly appalled at the racism, homophobia, misogyny, xenophobia, exploitation, and the NFL’s lead counsel doing favors for the president of at least one team, turned their attention to the games. They may have even gotten an early start consuming the… Source link

Third-quarter earnings are set to ramp further this week, after an auspicious start to the reporting season saw many of Wall Street’s biggest bank beat consensus expectations, with new reads on the housing market also in focus. Big banks from JPMorgan Chase (JPM) to Goldman Sachs (GS) kicked off the Q3 earnings season with considerable momentum, helping fuel investor optimism that profits held up more strongly than expected. Yet rising input prices, labor costs and supply chain disruptions… Source link

Suze Orman: Make these 5 moves to stay out of the poorhouse in retirement Everyone hopes that, after decades of hard work, they’ll retire rich enough to spend decades more enjoying the fruits of their labor. But if you ask financial guru Suze Orman, the average American is nowhere near ready. Their savings won’t last decades — they’ll last about three years. Research by the Transamerica Center for Retirement Studies found the median savings in this country is just $144,000. That might sound… Source link

Google’s Pixel phones have a lot going for them. Juan Garzon/CNET … Source link