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(Bloomberg) — Elevated commodity prices and expectations for earnings growth are igniting bullish bets on emerging-market equities after more than a decade of underperformance that left them approaching a 20-year low against developed-nation stocks. Goldman Sachs Group Inc., Bank of America Corp. and Lazard Asset Management expect a boost for developing equities as investors capitalize on cheap valuations once vaccine rollouts pick up, helping the global economy to recover from the pandemic…. Source link

Between the Pixel 3, Pixel 4A, Pixel 5 and Pixel 5A, which Google phone makes sense to buy now? Angela Lang/CNET … Source link

Just when you thought you would never belly laugh harder than when Elon Musk decided to demonstrate the Cybertruck’s shatterproof windows, along comes AI Day 2021 – a day that we’re certain is going to live in Tesla-infamy for one reason or another. Naturally, having solved the issues of making cars profitably and achieving the company’s goal of 1 million robotaxis on the road, Tesla took yesterday’s event as an opportunity to reveal their next game-changing product that doesn’t exist, a… Source link

(Bloomberg) — Call it the Pretty Big Short. Michael Burry, whose huge, wildly profitable bets against the housing bubble were made famous in “The Big Short,” is wagering that long-term U.S. Treasuries will fall. His Scion Asset Management held $280 million of puts on the iShares 20+ Year Treasury Bond ETF at the end of June, according to a regulatory filing released this week, an increase from $172 million three months earlier. The options contracts would make money if TLT, as the… Source link

NEW YORK, NEW YORK – SEPTEMBER 29: A person wears a face mask outside Google’s offices in Chelsea as … [+] the city continues Phase 4 of re-opening following restrictions imposed to slow the spread of coronavirus on September 29, 2020 in New York City. The fourth phase allows outdoor arts and entertainment, sporting events without fans and media production. (Photo by Noam Galai/Getty Images) Getty Images According to an internal memo obtained by Insider, an initiative to… Source link

This year’s Monterey Car Week capped off with the stunning 1938 Mercedes-Benz 540K Autobahn Kurier claiming the Concours d’Elegance Best in Show, but that wasn’t the only big headline from the week. Big auctions, big debuts from luxury automakers, and even electrification all took a bow as the wild week, one that was missed in 2020 due to the pandemic, unfolded for well-healed car aficionados. Here are some of the big takeaways from the week. Big auction action Prior to Monterey Car Week,… Source link

Benzinga has examined the prospects for many investor favorite stocks over the past week. Last week’s bullish calls included big tech stocks and a rare earth materials producer. Cryptocurrency and the leading electric vehicle maker were among the bearish calls seen. The past week was another rough one on Wall Street, with the tumult in Afghanistan giving investors something new to worry about, in addition to the ongoing concerns about the Delta variant, China, inflation, Federal Reserve… Source link

Discover startups, services, products and more from our partner StackCommerce. NY Post may be compensated and/or receive an affiliate commission if you buy through our links. Setting up a smart home gives you incredible opportunities to make the way you live more convenient. Using a smart device to connect your home to the internet – and many other devices to your smart device – makes your life more modern. With many features that you can discover, including sound, alerts,… Source link

A new proposal from tech giant Yandex overcomes a major hurdle in the advancement of machine learning by bringing the process to the masses, so that anyone with a home computer can help train a large neural network. Modern deep learning applications require many GPUs, which can be costly, and so are usually only accessible to well-funded companies and institutions. To ensure ML model training doesn’t become exclusively the domain of big organizations that can afford the tech required,… Source link

How we exited from Afghanistan is as shameful as it was avoidable. I’m sure you’ve read some of the coverage. It is an episode in our history that calls for bipartisan outrage — and there was much of that. For context and analysis I reached out to Ian Bremmer, as I often do when I find the world of global affairs vexing, and per usual he was a font of penetrating call-it-like-it-is reason replete with wow-I-never-thought-about-that insight. I was particularly interested in how our… Source link