Oil backed off its session highs after President Biden indicated petroleum reserves could be tapped as needed and sanctions from Western countries avoided targeting Russian supplies . Sanctions from world leaders were closely monitored by analysts after Russia invaded Ukraine, sending oil surging on Thursday morning. “Oil and gas supplies from Russia as of now have not been affected at all,” Vanda Hari, founder of Vanda Insights, told Yahoo Finance Live this morning. “Will Russian oil and gas… Source link
Read More »The bullish case for the S&P 500 investors are ignoring: DataTrek
With the threat of anticipated rate hikes by the Federal Reserve still looming over markets, plenty of uncertainty remains as investors are tentative as to whether the recent partial recovery from the larger January downturn may be an instance of a “dead cat bounce.” According to DataTrek Research, there are several key reasons for a bullish case for large-cap equities that investors may be ignoring. “As much as Fed policy remains an overhang on US large cap stocks, there is a valid… Source link
Read More »Google balks at ‘gamesmanship’ claims in advertising antitrust case
The Google app logo is seen on a smartphone in this picture illustration taken September 15, 2017. REUTERS/Dado Ruvic Register now for FREE unlimited access to Reuters.com Register Summary Law firms Related documents Plaintiffs’ lawyers argue Google must disclose more documents Google’s attorneys say additional records ‘irrelevant’ to case The company and law firm names shown above are generated automatically based on the text of the article. We are improving this feature as we continue to test and… Source link
Read More »The case for Google ordering
Photo illustration by Nico Heins Welcome to RB’s weekly roundup of the latest in restaurant technology. To get this and other tech news sent right to your inbox every Wednesday, click here. I have written frequently about Google ordering over the past year or so. I thought it would be one of the biggest trends of 2021, and at the end of the year I was a bit surprised that I wasn’t hearing more about it. The feature added in 2018 allows customers to order from a restaurant within… Source link
Read More »Bitcoin claws back from crypto crash, bear case not done
The new year has been upon us for less than a month, but the Great Crypto Crash of 2022 has already caused a lot of investors pain. The risk aversion dogging Wall Street has infected cryptocurrencies, resulting in a dramatic sell-off in digital coins that yanked Bitcoin (BTC-USD) below $34,000. While the token recouped some of those losses, most analysts think there’s more downside left to probe, especially with crypto’s growing correlation with other risk-on assets. Like stocks, Bitcoin’s… Source link
Read More »Yandex Cuts Deal Ending Russian Self-Preferencing Case
By Matthew Perlman (January 21, 2022, 5:08 PM EST) — Amid debate among U.S. lawmakers over legislation that would bar large technology platforms from favoring their own products and services, Russia’s antitrust watchdog has entered a settlement with internet giant Yandex requiring the company to end similar practices. The Federal Antimonopoly Service said in a statement issued on Wednesday in Russian that Yandex has agreed to a settlement ending the agency’s case against it, alleging… Source link
Read More »Google Asks Court to Dismiss Texas Antitrust Case
Google asked a federal court on Friday to dismiss an antitrust lawsuit led by the State of Texas, the first time it has sought to have one of the government competition cases against it thrown out in the United States. In a filing, Google said the state had failed to show that it engaged in anticompetitive behavior and hadn’t proved that an agreement between Facebook and Google, a core part of the case, violated the law. “We’re confident that this case is wrong on the facts and the law,… Source link
Read More »Markets are stuck with a case of Fed indigestion: analyst
With the Nasdaq Composite (^IXIC) teetering on the brink of correction territory, a painful sector rotation continues to flummox investors this year in expectation of the Federal Reserve taking its foot off the gas. Amid the overall market defensiveness, one analyst is suggesting that investor pessimism may be overblown. Callie Cox, investment analyst at eToro, recently appeared on Yahoo Finance Live to break down the current macro environment, as markets recently went from pricing in zero… Source link
Read More »Worst case scenario for 2022 is variant that eludes vaccine protection
Dr. Anthony Fauci, director of the National Institute of Allergy and Infectious Diseases and chief medical adviser to President Joe Biden, told Yahoo Finance that COVID-19 could become endemic in 2022 but only if certain parameters are met. If you get “a combination of enough people vaccinated and boosted together with people who are infected and recover and have a degree of immunity — hopefully they’ll wind up getting vaccinated too — and you have a virus, a variant, that has a lesser… Source link
Read More »Google CEO Sundar Pichai Signed Off on Deal at Center of Antitrust Case, States Say
Google’s chief executive approved an agreement with Facebook at the heart of an antitrust lawsuit that 16 states and Puerto Rico have lodged against the search giant, according to a portion of the complaint revealed on Friday. The lawsuit, led by the Texas attorney general, Ken Paxton, argues that Google has obtained and abused a monopoly over the network of technology used to deliver ads online. When publishers started using an alternative system for selling their ad space, Google worked to… Source link
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