Tag Archives: data

As the legal uncertainty in Europe clouding use of US cloud services cranks up, Google has responded by firing up its lobbying engines to call for US and European lawmakers to get a move on and come up a new rubberstamp to grease transatlantic data flows as usual as the bloc’s regulators finally start to find their banhammers. Last week, Austria’s data protection authority decided that a local website’s use of Google Analytics to have breached the bloc’s General Data Protection… Source link

Stocks rose Wednesday as investors eyed a new report on inflation, which showed another decades-high rate of price increases across the recovering economy. Still, this came a day following remarks from Federal Reserve Chair Jerome Powell reasserting that the central bank would step in as needed to rein in rising prices.   The Bureau of Labor Statistics’ December Consumer Price Index (CPI) showed prices rose at a 7.0% year-over-year rate at the end of 2021, marking the fastest increase since… Source link

Texans should be very concerned about Google’s use of consumer data and privacy policies that are disguised by indecipherable legalese. New evidence and investigations have revealed much regarding Google’s data collection and its abuse of such information.   Alarming evidence reveals how Google is providing the Federal Government information about users who search for particular terms. Imagine being contacted or questioned because you simply searched someone’s… Source link

Underneath the surface, the tech stock heavy Nasdaq Composite is being shredded as traders fret about higher interest rates from the Federal Reserve this year.  Nearly 40% of the stocks on the exchange have been cut in half, according to new research from Sundial Capital Research’s Jason Goepfert. The research firm notes this kind of trading action on the Nasdaq (^IXIC) hasn’t been seen since at least 1999. “Bulls will suggest that most of the damage has been done, and the indexes should be… Source link

After a nearly 29% total return for the S&P 500 this year, history suggests 2022 may see more gains for investors. Truist Advisory Services co-chief investment officer Keith Lerner found that going back to 1950, when the S&P 500 had a total return of at least 25% in a year, stocks usually rose in the following year. The outcome during that 71 year stretch: stocks advanced 82% of the time, or 14 out of 17 instances.  As the data shows, however, it’s not always sunshine and rainbows after a big… Source link

Contracts on the Dow, S&P, and Nasdaq were sideways heading into overnight trading on Wednesday, building on back-to-back sessions of gains as fears the Omicron variant would derail economic growth cooled among investors who sold-off risky assets at the start of the week on reports of swelling case numbers. Futures on all three major indexes were in the green Wednesday evening. The moves follow positive economic data that curbed worries of Omicron’s impact on the economy and inflation… Source link

The clock has officially begun on a potential year-end Santa Claus Rally for the stock market.  A Santa Claus Rally is one where stocks climb higher in the final seven trading sessions of a year plus the first two trading days of the New Year. Its precise cause has never been greatly explained — theories range from year-end tax considerations to people spending their fat bonuses to buy stocks to general seasonal effects. Wednesday is the first day in this nine session trek for the markets…. Source link

According to a new survey, more users trust Amazon and Google to handle their personal user data and internet browsing activity than Apple, while users overwhelmingly distrust Facebook, TikTok, and Instagram. The survey conducted by The Washington Post sampled over 1,000 internet users in the U.S. about how much they trust Facebook, TikTok, Instagram, WhatsApp, YouTube, Google, Microsoft, Apple, and Amazon to “responsibly” handle their user data and browsing activity. Users were polled on… Source link

FILE – In this Sept. 24, 2019, file photo a sign is shown on a Google building at their campus in Mountain View, Calif. Google is once again postponing a return to the office for most workers until mid-January 2022. The internet search giant is also to requiring all employees to be vaccinated once its sprawling campuses are fully reopened. (AP Photo/Jeff Chiu, File) After more than two years of quiet, Google might be feeling lucky… Source link

This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Thursday, December 10, 2021 ‘Learning to live’ with the virus has become a credo Last Sunday, after nearly suffering a heart-attack watching Pittsburgh play Baltimore in a classic Steelers-Ravens thriller, I attended my first concert of the pandemic era: Genesis, which played to a packed-to-the-rafters crowd at Madison Square Garden. Tomorrow… Source link