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By Krystal Hu and Anirban Sen (Reuters) – Donald Trump has united some of his supporters and detractors in buying shares in his new company and hoping to score a big win. Anthony Nguyen, a 49-year-old software consultant from Austin, Texas, is a Republican who refused to vote for the former U.S. president in last year’s election. Last week he joined the millions of online day traders who drove up the value of the company that will house Trump’s new social media venture to almost $12 billion…. Source link

Yandex.Rover, a driverless robot for delivering hot restaurant meals, is seen at a business district in Moscow, Russia December 10, 2020. REUTERS/Evgenia Novozhenina MOSCOW, Oct 25 (Reuters) – Self-driving robots have started delivering parcels in certain Moscow neighbourhoods after tech giant Yandex (YNDX.O) teamed up with the state-run Russian Post service, the companies said on Monday. Yandex, which operates a raft of services from online search to ride-hailing, already uses robots for food… Source link

Oct 24 (Reuters) – Red Bull Formula One driver Sergio Perez said Sunday’s U.S. Grand Prix was the hardest and longest race of his life after his car’s water bottle failed and left him dehydrated in the Texas heat. The Mexican finished third in a race won by Dutch team mate Max Verstappen at Austin’s Circuit of the Americas, but he was clearly suffering after he got out of the car. “I struggled massively, you know. Since lap one I ran out of water. I couldn’t drink at all,” he said before the… Source link

(Bloomberg) — Most Asian stocks dipped Monday as traders weighed inflation risks, a Covid-19 outbreak in China and earnings prospects for major technology firms. Turkey’s lira slid to a record low amid a diplomatic spat. Most Read from Bloomberg Equities posted modest losses in Japan, Hong Kong and China, where the central bank boosted a daily liquidity injection. Investors are assessing a delta-variant virus outbreak in China that’s expected to worsen as well as economic challenges from… Source link

Investors’ focus this week will be on earnings results, with some of the most heavily weighted companies in the S&P 500 poised to deliver their quarterly reports. Over the past couple of weeks, most of the companies that posted earnings results topped Wall Street’s estimates, despite widespread concerns over the impact of supply chain challenges to corporate profits. These better-than-feared results helped power both the S&P 500 and Dow to fresh record highs in the past week.  As of Friday,… Source link

The EV kingpin, Tesla Inc. (NASDAQ:TSLA), has delivered yet another stellar earnings report that has again cemented its credentials as one of the few electric vehicle manufacturers ready to challenge the ICE hegemony. For years, naysayers and short-sellers like Citron Research were willing to bet the house that Elon Musk’s high-wire act wouldn’t end well, with the preordained denouement being a bankruptcy or a sale.  But those speculations have been short-lived: The rapid-fire company has… Source link

Gaps in Google’s cybersecurity strategy make banks, financial institutions, and larger enterprises slow to adopt the Google Cloud Platform (GCP), with deals often going to Microsoft Azure and Amazon Web Services instead. It also doesn’t help that GCP has long had the reputation that it is more aligned with developers and their needs than with enterprise and commercial projects. But Google now has a timely opportunity to open its customer aperture with new security offerings… Source link

Third-quarter earnings season is underway, and one of the most closely watched stocks just presented its scorecard: Tesla Inc.  (NASDAQ:TSLA). Tesla reported record-breaking results, beating expectations on EPS and revenue. Though the company’s stock dropped briefly following the report, Tesla has been on a tear ever since, even crossing the $900 mark in early trading Friday morning.  Those certainly are impressive top-and bottom-line growth numbers if the EV company is able to meet them,… Source link

Alabama is back in the top three. The Crimson Tide moved to No. 3 in the AP Top 25 after a big win over Tennessee on Saturday. Alabama jumped Oklahoma after the Sooners needed a second-half comeback to beat Kansas. The Sooners fell a spot to No. 4.  Georgia and Cincinnati stayed in the top two spots. The Bulldogs were off on Saturday and Cincinnati beat Navy 27-20.  Ohio State stayed at No. 5 after shredding Indiana. The Big Ten has four teams in the top 10 again after Iowa moved up from No…. Source link

In a flipping of the script, a leading cryptocurrency project and its co-founder are suing the Securities and Exchange Commission (SEC). The lawsuit was filed Friday by Terraform Labs, the company behind the Terra decentralized finance protocol, and its co-founder Do Kwon, who confirmed in the filing that he and his company were served with SEC subpoenas at last month’s Messari crypto conference in New York City. Terra’s Luna cryptocurrency is currently the 11th largest by market… Source link