Stock futures opened higher Tuesday evening, with the major equity indexes holding near all-time highs heading into the first session of September. Contracts on the S&P 500 rose. The index closed out a seventh straight monthly gain in August, rising nearly 3% during the month as strong earnings growth, an ongoing economic recovery and a still-accommodative Federal Reserve helped offset fresh concerns over the Delta variant’s spread. Still, the Nasdaq outperformed with a monthly rise of 4%,… Source link
Read More »S.Korea’s parliament passes bill to curb Google, Apple commission dominance
SEOUL, Aug 31 (Reuters) – South Korea’s parliament on Tuesday approved a bill that bans major app store operators such as Google and Apple from forcing software developers to use their payment systems, effectively stopping them from charging commissions on in-app purchases. It is the first such curb by a major economy on the likes of Apple Inc (AAPL.O) and Alphabet Inc’s (GOOGL.O) Google, which face global criticism for requiring the use of proprietary payment systems that charge commissions… Source link
Read More »Dogecoin Headed For Over $1, Crypto Market Analyst Believes
Dogecoin (CRYPTO: DOGE) is headed for much higher highs, according to cryptocurrency market analyst Gianni Di Poce. What Happened: Speaking at the Benzinga Crypto Trading Festival, Di Poce — financial analyst and president at market research firm The Mercator — said that he “wouldn’t be surprised to see DOGE at over a buck a coin.” The market analyst explained that the coin is now forming something that resembles a bull flag or a bull pennant and that we should expect new highs if it were… Source link
Read More »Today in Food Tech: Yandex Buys $1B Uber Stake
Today in restaurant and grocery tech news, FreshDirect adds 250 SKUs of parent company Ahold Delhaize’s private label brands, and Russian food delivery company Yandex purchases a stake in Uber in a $1 billion deal. Plus, Nat Trienens, founder and CEO of digital ordering solutions provider Koala, discusses the delta variant’s effect on restaurant ordering habits. FreshDirect Woos Shoppers with Major Private Label Expansion, Lower Prices In a move to attract cost-conscious consumers with… Source link
Read More »fast food innovations we still crave today
From Crispy Chicken Sandwich tacos at Taco Bell to “new” fries at Wendy’s, there’s no shortage of shiny new items to draw the attention of the fast food connoisseur. The chicken sandwich wars also continue, two years after Popeyes kicked off the craze. And with many restaurant chains raising their prices, the business of keeping fast food fresh and interesting is more important than ever. But these enticing eats are created for more reasons than just driving up a company’s bottom… Source link
Read More »Google pushes its return to the office back to 2022
Google (GOOGL) workers around the world will not be required to return to their offices until at least Jan. 10, 2022, CEO Sundar Pichai said in a note to employees on Tuesday. (The policy only applies to Google and not its parent company Alphabet, a company spokesperson said). “Beyond January 10, we will enable countries and locations to make determinations on when to end voluntary work-from-home based on local conditions, which vary greatly across our offices,” he said, adding that employees… Source link
Read More »Yandex buys out Uber’s stake in Yandex Self-Driving Group, Eats, Lavka and Delivery for $1B – TechCrunch
Russian internet and ride-hail giant Yandex has acquired Uber’s stake in its Self-Driving Group (SDG), as well as Uber’s indirect interest in Yandex.Eats, Yandex.Lavka and Yandex.Delivery. The total cost of the deal came to $1 billion, giving the Russian company 100% ownership over all four businesses. Yandex SDG is an autonomous technology spinout from MLU B.V., the ride-hailing and food delivery joint venture Yandex formed with Uber in 2018 by merging… Source link
Read More »Google rolling out Chrome 93 on Mac, Windows, Android, iOS
Following version 92’s release on Android, Mac, Windows, and Linux, the next release of Google’s browser is rolling out. Chrome 93 is here today as a smaller update. Today, the Recently Closed menu (Overflow > History) only lets users restore Tab Groups in their entirety. Chrome 93 allows you to see what sites were in the collection, and just open individual pages: chrome://flags/#tab-restore-sub-menus With HTTPS adoption now pervasive, an experiment in Chrome 93 will replace… Source link
Read More »‘The one big lesson’ of the U.S. war in Afghanistan, according to Ian Bremmer
As the last of the U.S. troops leave Afghanistan, one geopolitics expert thinks America’s longest war left us with one key lesson. “The one big lesson is that as rightfully angry and scared as Americans were after 9/11, we made Afghanistan into an almost existential threat to the American homeland — and it was never that,” Eurasia Group Founder Ian Bremmer told Yahoo Finance Live (video above). “It was never a grade A national security priority for the U.S. It never merited a hundred-plus… Source link
Read More »‘Here comes the worst month of the year’: strategist
“Here comes the worst month of year,” warns one market strategist. “Although this bull market has laughed at nearly all the worry signs in 2021, let’s not forget that September is historically the worst month of the year for stocks,” says LPL Financial chief market strategist Ryan Detrick. “Even last year, in the face of a huge rally off the March 2020 lows, we saw a nearly 10% correction in the middle of September,” he added. The S&P 500 (^GSPC) hasn’t had so much as a 5% correction… Source link
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