Oil Wipes Out Gain Following Attack on Key Saudi Crude Terminal

(Bloomberg) — Brent oil erased gains as the market shrugged off an attack on the world’s largest crude terminal in Saudi Arabia. Futures in London earlier surged above $71 a barrel, the highest since January 2020, before later trading below $70. The assault on a storage tank farm at the Ras Tanura terminal on Sunday was intercepted, Saudi Arabia said, and oil output appeared to be unaffected. Oil has rebounded this year amid OPEC+ supply cuts and recovering demand, with economies emerging… Source link

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Google Offers $25M in Grants to Groups Empowering Women and Girls

(Photo via Google) Google is offering $25 million in grants to nonprofits addressing economic inequalities faced by women and girls around the world. A fitting announcement for International Women’s Day, the launch is part of Google.org’s latest Impact Challenge. “When women and girls have the resources and opportunities to turn their potential into power, it changes the trajectory of their lives and strengthens entire communities,” Google.org President Jacquelline Fuller wrote in a blog… Source link

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Chinese electric car maker Xpeng sees ‘big momentum’ into March: vice chairman and president

Bloomberg Tesla Is Plugging a Secret Mega-Battery Into the Texas Grid (Bloomberg) — Elon Musk is getting into the Texas power market, with previously unrevealed construction of a gigantic battery connected to an ailing electric grid that nearly collapsed last month. The move marks Tesla Inc.’s first major foray into the epicenter of the U.S. energy economy.A Tesla subsidiary registered as Gambit Energy Storage LLC is quietly building a more than 100 megawatt energy storage project in… Source link

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Google on Choosing the Best Anchor Text

What’s the Best Practice for Anchor Text? LSI Keywords is Not a Thing Best Anchor Text for Internal Links Google’s Mueller recommended this for internal link anchor text: Best Practice for External Link Anchor Text Best Anchor Text for Inbound Links Does Web Page Provide Context to Internal Links? Citation Google’s John Mueller answered a question about the best anchor text to use for internal, inbound and outbound links. His answer covered a wide range of linking scenarios. What’s the Best… Source link

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Stock futures fall as tech shares dip, Treasury yields jump

TipRanks JPMorgan Bets on These 3 Stocks; Sees Over 50% Upside Potential It’s time to check in with the macro picture, to get an idea of just where markets are headed in the coming months. That’s what a JPMorgan global research team, headed up by Joyce Chang, has been doing. The JPM team starts by noting the sell-off in US Treasury bonds last week, pushing up yields as investors acted in response to inflationary fears. However, the rise in bond yields steadied on Friday, and Chang’s team… Source link

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Google tests a beefed-up YouTube Android app for Chromecast – Yahoo Tech

Bloomberg Nothing the Stock Market Does Ever Scares Its Retail Daredevils (Bloomberg) — Apple Inc. has slumped 15% since late January. Tesla Inc. has lost more than a quarter-trillion dollars in market value in three weeks. And more than $1.5 trillion has been wiped off the Nasdaq 100 in less than a month.And yet, none of it has been enough to rattle the retail investor.Instead, to borrow a Reddit phrase describing bullish gumption, they’ve had diamond hands. Since the market peaked a few… Source link

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$1.9 trillion COVID-19 relief bill may unleash households on the stock market: Goldman Sachs

TipRanks JPMorgan Bets on These 3 Stocks; Sees Over 50% Upside Potential It’s time to check in with the macro picture, to get an idea of just where markets are headed in the coming months. That’s what a JPMorgan global research team, headed up by Joyce Chang, has been doing. The JPM team starts by noting the sell-off in US Treasury bonds last week, pushing up yields as investors acted in response to inflationary fears. However, the rise in bond yields steadied on Friday, and Chang’s team… Source link

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US STOCKS-Nasdaq futures slide 2% on inflation jitters – Yahoo Finance

TipRanks Billionaire Jim Simons Snaps Up These 2 Biotech Stocks Quant trading guru Jim Simons is calling it a day, sort of. The mathematician and cryptologist is famous in the investing community for bringing his analytical eye to the world of the stock exchange, creating both the quant trading revolution and a personal fortune now estimated at more than $22 billion. His has been a career of multifaceted success, and his innovations on Wall Street have influenced the strategies of two… Source link

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Norway-Listed Aker to Put 100% Bitcoin in Treasury Reserves of New Investment Unit

Bloomberg Haunted by 2008, China and U.S. Diverge on Stimulus Plans (Bloomberg) — The U.S. and China are pursuing divergent economic policies in the aftermath of the coronavirus recession in a role reversal from last time the world economy was recovering from a shock.One of the takeaways from the annual National People’s Congress under way in Beijing is a conservative growth goal, with a tighter fiscal-deficit target and restrained monetary settings. That’s a big contrast with Washington,… Source link

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Apple and Google face new antitrust battle over Arizona app store bill | Apple

A controversial Arizona bill that addresses the fees technology companies like Apple and Google charge app developers is raising new antitrust challenges for embattled US tech giants. The bill – which passed the Arizona state house last week and now will move to the state’s senate – would require Apple and Google to allow app developers to use their own payment systems, rather than Google’s or Apple’s, to process user purchases within the app. It is one of several bills targeting… Source link

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