Stocks rebound as Powell reinforces Fed caution

Stocks rebound as Powell reinforces Fed caution

US stocks popped on Wednesday, with techs vaulting back from a steep sell-off as investors digested Federal Reserve Chair Jerome Powell’s stance that interest rate cuts are still likely this year. The tech-heavy Nasdaq Composite (^IXIC) jumped about 0.8% after techs led a sharp slide in stocks more broadly on Tuesday. The S&P 500 (^GSPC) also added 0.8%, while the Dow Jones Industrial Average (^DJI) popped 0.6%, as both indexes came off losses of more than 1%. Powell’s testimony to Congress… Source link

Read More »

‘I Can Say With Almost Certainty That They Will Come To A Bad Ending’

‘I Can Say With Almost Certainty That They Will Come To A Bad Ending’

The cryptocurrency market is a whirlwind of excitement and uncertainty, fueled by a fear of missing out (FOMO) and speculation about its future trajectory. Amid this frenzy, one of the most seasoned voices in investment, Warren Buffett, has consistently made clear his stance on the matter: he wants nothing to do with cryptocurrency. Speaking at Berkshire Hathaway Inc.’s annual shareholder meeting in 2018, Buffett described Bitcoin as “probably rat poison squared,” a sentiment reported by… Source link

Read More »

Google Suddenly Adds Nest And Fitbit To Google One Subscription

Google Suddenly Adds Nest And Fitbit To Google One Subscription

The Google Nest Cam battery. Janhoi McGregor Google is adding Nest Aware and FitBit Premium to its Google One premium plan, the company has confirmed. Earlier today, some users on Reddit and Twitter received notifications stating that their Google One premium plan included the two additional services. Google has now confirmed to me that both Nest Aware and FitBit premium are rolled into the £7.99 ($9.99 in the U.S.) a month premium plan for U.K users. For the uninitiated, Google One is… Source link

Read More »

SEC adopts landmark climate rule — here’s what that means for public companies

SEC adopts landmark climate rule — here’s what that means for public companies

For the first time, US public companies will be required to tell investors about their exposure to climate risks and greenhouse gas emissions. On Wednesday, the Securities and Exchange Commission approved requiring US-listed companies to communicate how they are managing material risks related to climate change and how those risks affect their bottom lines. Large companies will also be required to disclose their direct emissions from their operations and energy use, known as Scope 1 and… Source link

Read More »

Techs lead stocks higher as Powell reinforces Fed caution

Techs lead stocks higher as Powell reinforces Fed caution

US stocks opened higher on Wednesday, with techs vaulting back from a steep sell-off as investors digested Federal Reserve Chair Jerome Powell’s stance that interest rate cuts are still likely this year. The tech-heavy Nasdaq Composite (^IXIC) jumped about 1% after techs led a sharp slide in stocks more broadly on Tuesday. The S&P 500 (^GSPC) added more than 0.6%, while the Dow Jones Industrial Average (^DJI) popped 0.5%, as both indexes came off losses of more than 1%. Powell’s testimony to… Source link

Read More »

Airlines, hotels warn Google changes may benefit large intermediaries

Airlines, hotels warn Google changes may benefit large intermediaries

By Foo Yun Chee BRUSSELS (Reuters) – Lobbying groups representing airlines, hotels and restaurants on Wednesday warned that changes proposed by Alphabet’s Google to comply with EU landmark rules may drive users to large online search services at their expense. The comments from Airlines for Europe group that has Air France KLM and British Airways owner IAG as members, hotel group Hotrec, European Hotel Forum, Eurocommerce, Ecommerce Europe and Independent Retail Europe came after Google rolled… Source link

Read More »

Schroder Investment Management Group Acquires 235,216 Shares of Yandex (NASDAQ:YNDX)

Schroder Investment Management Group Acquires 235,216 Shares of Yandex (NASDAQ:YNDX)

Schroder Investment Management Group raised its holdings in Yandex (NASDAQ:YNDX – Free Report) by 3.6% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 6,827,261 shares of the information services provider’s stock after buying an additional 235,216 shares during the period. Schroder Investment Management Group owned about 1.89% of Yandex worth $129,308,000 as of its most recent filing with the… Source link

Read More »

Google One starts including Fitbit Premium and Nest Aware

Google One starts including Fitbit Premium and Nest Aware

In a significant expansion, Google One now includes Fitbit Premium and Nest Aware, which we previously reported. This is starting in the UK. Update: Google has confirmed to us that “Fitbit Premium & Nest Aware are currently available with Google One Premium plans in the UK,” which start at 2 TB. As of today, this expanded offering is just available in that one country. Fitbit Premium today enables additional stats, like Daily Readiness Score, Sleep Score… Source link

Read More »

Why Trump won — and what it means for November

Why Trump won — and what it means for November

Former President Donald Trump swept nearly all of this year’s Super Tuesday primaries and caucuses, routing his last major rival for the Republican presidential nomination, former South Carolina Gov. Nikki Haley. Haley announced Wednesday morning that she is suspending her campaign, clearing the way for Trump’s rematch with President Biden, the Democrat who beat him in 2020. Biden also won lopsided victories on Tuesday across 15 states. Trump, who gained several hundred delegates with major… Source link

Read More »

Google’s ‘Dominance’ Succeeded Where Apartheid Couldn’t – Forcing South Africa’s Fourth Estate Onto ‘Its Knees’

Google’s ‘Dominance’ Succeeded Where Apartheid Couldn’t – Forcing South Africa’s Fourth Estate Onto ‘Its Knees’

Google logos. Photo credit: LOIC VENANCE/AFP AFP via Getty Images South Africa’s Fourth Estate “is on its knees” as Google and Meta’s dominance has captured 97% of all digital advertising in the country, creating an “extinction crisis” for the media. This is the view of Ishmet Davidson, the chief executive officer of News24, South Africa’s largest digital news publisher, which is owned by internet firm Naspers. He was testifying at the country’s Competition Commission inquiry… Source link

Read More »