(Bloomberg) — Bitcoin headed for its worst week in almost two months as a proposed capital-gains tax increase for wealthy Americans intensified the volatility whiplashing the world’s largest cryptocurrency. A fresh bout of selling on Friday drove Bitcoin down as much as 7.9% to $47,525 — below its 100-day moving average — as it continued to take out key technical levels. Wall Street analysts warn of further losses for the notoriously volatile currency that hit a record high of $64,870 on… Source link
Read More »Could Masters be the next focus in battle over Georgia law?
Will Augusta be the next battleground over Georgia’s election law? (Jamie Squire/Getty Images) The eyes of the nation are squarely on the state of Georgia and its new election law, right at the exact moment the eyes of the sporting world are turning to a small city in the eastern half of the state. Friday afternoon, less than a week before the Masters is scheduled to tee off in Augusta, Major League Baseball announced it would be moving the All-Star Game out of Atlanta in direct response to… Source link
Read More »$500 mn deal with Google pulls Infosys in focus; analysts see 35% upside
A $500 million deal with search-engine giant Google has once again brought the limelight back on Infosys, strengthening the belief that large deal momentum continues to be strong for this Indian IT bellwether, which could translate into a windfall for its shareholders. A report in the Economic Times stated that Infosys has won a $500 million deal from Google to provide customer experience and engineering support for its product…. Source link
Read More »Google Works to Bring Cookieless Marketing and Privacy Future Into Focus
PHOTO: Chris Wetherell Cliffhangers work well for keeping TV show fans mesmerized. For digital marketers, cliffhangers bring more anxiety than anticipation. Last year Google introduced a doozy of a cliffhanger when it announced Sandbox, a two-year research initiative to eliminate third-party cookies from its Chrome browser. Last week Google revealed a browser extension containing an API called Federated Learning of Cohorts or “FLoC” — a nickname pronounced as “flock.” FLoC… Source link
Read More »Google simplifies the Android TV interface to focus on recommendations – Yahoo Tech
TipRanks 2 Biotech Stocks That Could Double in 2021; Canaccord Says ‘Buy’ How can we know just where the markets are heading? The new year started with an upward trend that nearly got derailed by a flashmob from Reddit – and suddenly we’re dealing with a rise in volatility. Covering the markets for Canaccord, Chief Market Strategist Tony Dwyer believes that the “extraordinary liquidity from corporate bond and equity new issuance, an ultra-friendly Fed, and further fiscal stimulus suggests… Source link
Read More »Behind the Google-Facebook deal that is the focus of an antitrust suit.
At the center of an antitrust lawsuit filed by 10 state attorneys general last month is a deal Google extended to Facebook to be a partner in the digital advertising space, according to court documents. Details of the agreement, based on documents the Texas attorney general’s office said it had uncovered as part of the multistate suit, were redacted in the complaint filed in federal court in Texas last month. But they were not hidden in a draft version of the complaint reviewed by The New… Source link
Read More »Stocks fall with rising COVID-19 cases, stimulus in focus
TipRanks Billionaire Ray Dalio Picks Up These 3 “Strong Buy” Stocks Sometimes, the experts will tell us what we already know. Ray Dalio, the founder of Bridgewater Associates, has built a legendary reputation in financial circles, for taking his firm from a home business in his two-bedroom apartment to the international hedge fund giant, employing over 1,500 people and managing more than $138 billion in total assets. But when questioned on how he did it, or how today’s investors can… Source link
Read More »U.K. Competition Unit to Focus on Facebook and Google
You know your company has tremendous market power when an agency is created just to watch you. That’s practically what has happened in the U.K. where the Competition and Markets Authority… Source link
Read More »Student debt cancellation already in focus amid President-elect Biden transition
TipRanks Oppenheimer Sees These 3 Stocks Skyrocketing Over 100% The U.S. presidential election has come to a close, and Wall Street isn’t opposed to the administration change. Last week saw the S&P 500 notch its second-best performance during an election week on record, even as Trump’s chances of getting re-elected became slimer and slimer.Weighing in for Oppenheimer, Chief Investment Strategist John Stoltzfus noted, “What appears clear so far is that the equity markets are not averse to… Source link
Read More »Stock futures rise with stimulus hopes, presidential debate in focus
TipRanks 2 “Strong Buy” Dividend Stocks Yielding at Least 9% Markets have shown two themes in recent weeks, a combination of uncertainty and an upward trend. Day to day, it’s impossible to predict just what will happen, but the larger scale movement has been upwards. Looking ahead, all we know is that current events will reinforce the uncertainty.Earnings season has started. As the market’s publicly traded companies report their Q3 results, we’ll get a clearer idea as the nature of… Source link
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