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Stock futures opened slightly higher Monday evening as investors looked ahead of a slew of earnings results from big banks Tuesday and later this week. Both the S&P 500 and Nasdaq erased earlier gains to close lower during Monday’s regular session. But each had advanced strongly earlier in the day, driven in part by hopes of a Covid-19 vaccine from Pfizer and BioNTech. The Dow closed higher, with a 4% rise in shares of Pfizer buoying the index. More roll-backs of reopening plans put a damper… Source link

By Foo Yun Chee BRUSSELS (Reuters) – Alphabet Inc’s Google has offered not to use health data of fitness tracker company Fitbit to help it target ads in an attempt to address EU antitrust concerns about its proposed $2.1 billion acquisition, the U.S. tech company said late on Monday. The bid, announced in November last year, would help Google take on market leader Apple and Samsung in the fitness-tracking and smart-watch market, alongside others including Huawei and Xiaomi. “This deal is about… Source link

The father of a teenage backpacker who mysteriously vanished in regional Victoria more than a decade ago has died after years of tirelessly searching for clues into his son’s disappearance. Rolf Castor’s son Max went missing in April 2005, five months after he arrived in Australia from Sweden at the tender age of 19. His son’s disappearance without a trace prompted a personal mission from the father, who spent the next 15 years ensuring no stone went unturned. “He never gave up hope of… Source link

Viral images and posts circulated by social media users make a series of extreme claims linking Wayfair, an e-shopping home retailer to an alleged human trafficking operation. These claims are false and fueled by conspiracy theories. Reuters Fact Check. REUTERS/Axel Schmidt The theory went viral after it emerged on the r/conspiracy section of Reddit on July 9 ( here ), with an allegation that the very high prices of several furniture items listed on Wayfair’s… Source link

Bank earnings could reveal ugly-looking loan portfolios for the second quarter, but the industry hopes to champion its investment banking and cost-cutting efforts to squeeze out earnings. Earnings season will kick off on Tuesday as JPMorgan Chase (JPM), Citigroup (C), and Wells Fargo (WFC) report earnings before the market bell, covering the large U.S. banks’ performances through the three-month period ended June 30.  “The upcoming [second quarter] earnings will be confusing, sloppy, and… Source link

(Bloomberg) — Tesla Inc.’s relentless surge faltered Monday, with shares erasing a double-digit gain and dipping into negative territory, despite enthusiasm ahead of several events that include the possible unveiling of new battery technology, the entry into a lucrative new market and the stock’s potential addition to the prestigious S&P 500 Index. Tesla shares, which had gained as much as 16% Monday before losing steam, have seen an incredible rally this year that has left Wall Street… Source link

After another record weekend of coronavirus cases in America, confidence in college football happening this fall continues to dwindle. Yahoo Sports’ Pete Thamel just published a particularly bleak article on the matter featuring quotes from Power 5 coaches, athletic directors, and high ranking officials. Under the cloak of anonymity, all said that the prospect of football this fall is a pipe dream. “Ultimately, no one is playing football in the fall,” said a high-ranking college… Source link

It’s safe to say that there aren’t many people that feel confident about the Chicago Bears heading into 2020. After an impressive 2018 season where they went 12-4, the Bears stumbled to an 8-8 finish amid a myriad of concerns, particularly on offense. Still, despite having one of the worst offenses in the league and a top-10 defense minus three key starters, the Bears managed to finish the season .500, which should be encouraging in itself. Yahoo Sports’ Frank Schwab believes that, now… Source link

on July 13, 2020 at 1:30 pm People in Russia can now ask the Alice voice assistant for the odds before making a bet through the online gambling platform Fonbet. Alice, created by Russian tech giant Yandex, can answer questions about sports betting, including making predictions that the company claims are 90% accurate thanks to its use of Fonbet’s database. Alice Bets Alice relies on information provided by Fonbet to answer thousands of different… Source link

Google announced on Monday that its second-generation Pixel Buds are now available in more countries, including Australia, Canada, France, Germany, Ireland, Italy, Singapore, Spain, and the UK. The true wireless headphones have only been available in the US since their April 27th release date. Google also said it will offer Pixel Buds in more colors starting next month. Currently, you can only buy them in “clearly white,” but Google said the Pixel Buds would come in “oh so… Source link