Tag Archives: briefly

[unable to retrieve full-text content]Yandex agrees to relocate Kazakhstan branch servers after Astana briefly blocks site  Meduza Source link

The so-called “Yellowstone effect” — a cultural phenomenon stemming from the popularity of the television drama “Yellowstone” — has trickled into fashion, making Western wear like cowboy hats and boots increasingly popular across the U.S. According to one executive, that trend will last for at least the next few years. Western wear is “going to briefly take over the world,” J Rogers Kniffen World Wide Enterprises CEO Jan Rogers Kniffen told Yahoo Finance Live (video above). “Why is it… Source link

U.S. stocks struggled for direction early Wednesday after the 10-year Treasury yield – a key economic linchpin – briefly spiked past 4%, hitting a closely watched level for the worst bond sell-off in decades. The S&P 500 was up a modest 0.1%, while the Dow Jones Industrial Average added 60 points, or around 0.2%. The Nasdaq Composite was off by 0.2%. Across the Atlantic, the Bank of England said it would carry out temporary purchases of long-dated U.K. government bonds, an emergency… Source link

(Bloomberg) — A brief bout of concern about the status of Alibaba Group Holding Ltd. co-founder Jack Ma triggered wild swings in shares of the e-commerce company on Tuesday, underscoring continued investor anxiety toward China’s tech sector after a year-long crackdown. Most Read from Bloomberg Alibaba plunged as much as 9.4% in Hong Kong, erasing about $26 billion of market value, after state broadcaster CCTV reported that authorities in the company’s home base of Hangzhou had imposed… Source link

The market’s most closely watched part of the yield curve inverted very briefly on Tuesday. At 1:33 p.m. ET on Tuesday afternoon, Bloomberg data showed the yield on the 10-year U.S. Treasury note (^TNX) briefly dipping below the yield on the 2-year U.S. Treasury. The inversion lasted only a few seconds, and by 3:00 p.m. ET (the settlement time for U.S. government bond futures) the curve remained un-inverted with about 0.05% separating the two securities’ yields. Over the last half-century… Source link

Alphabet, Google’s parent company, briefly hit a market cap of $2 trillion. The tech behemoth’s market cap is currently at a comfortable $1.98 trillion, but crept over the $2 trillion mark midday Monday, later closing out at $2,987.03 per share. Alphabet’s market cap has just about doubled from $1 trillion since January 2020. In the third quarter of 2021, Alphabet had a record quarter, earning a hefty $65.1 billion. The company reported that its revenue soared by 41 percent, while… Source link

Tesla (TSLA) shares jumped for a fourth straight session on Monday, bringing the market capitalization for the electric-vehicle maker above $1 trillion for the first-time ever. The stock closed higher by 12.7% to reach $1,024.86 per share. Tesla’s year-to-date advance came in at nearly 45.2%, with the stock outperforming against the S&P 500’s 21.6% rise over that same period.  With a $1 trillion market capitalization, Tesla joins an exclusive club of mega-cap technology companies with a… Source link

Bitcoin swiftly lost altitude early on Monday, dropping over 15% to below $50,000 before rebounding somewhat. The downward price movement came after bitcoin reached new record highs above $58,300 over the weekend. The drop seemed to accelerate as U.S. Treasury Secretary Janet Yellen, speaking at a New York Times event, described bitcoin as “highly speculative asset” that is extremely inefficient for transactions. Yellen also called the amount of energy consumed in processing those… Source link

(Bloomberg) — WallStreetBets, the internet forum fueling a frenzy of retail trading, briefly turned itself off to new users Wednesday after a deluge of new participants raised concerns about its ability to police content, a notice on the website said. The WallStreetBets home page was closed to all users for a little over an hour Wednesday evening in New York. A message on the site shortly after 6:30 p.m. in New York said it was experiencing technical difficulties due to a flood of new… Source link

TipRanks 3 Stocks Flashing Signs of Strong Insider Buying Sometimes, following a leader makes the best investment strategy. And corporate insiders have long been popular leaders to follow. Their combination of responsibility to their stockholders and access to ‘under the hood’ information on their companies gives their personal investment choices an air of authority.The most important thing about these insiders is that whatever else they do, they are expected to shepherd their companies to… Source link