Tag Archives: jump

(Bloomberg) — Chinese equities rallied by the most in ten weeks as traders turned buyers of everything from baijiu producers to construction firms on expectations of increased support for the economy. The benchmark CSI 300 Index rose 2.6%, its best day since May 25. Consumer shares led gains, with Kweichow Moutai Co. and Wuliangye Yibin Co. adding at least 4.5%. In Hong Kong, the Hang Seng Index also rebounded, rising 1%. Monday’s move higher follows a volatile week for the world’s… Source link

Facebook app is seen on a smartphone in this illustration taken, July 13, 2021. REUTERS/Dado Ruvic/Illustration/File Photo July 27 (Reuters) – Wall Street expects Alphabet Inc (GOOGL.O) and Facebook Inc (FB.O) to report a surge in digital ad sales this week after smaller rivals showed soaring demand, bolstering expectations that the impact of Apple Inc’s (AAPL.O) privacy changes has not yet been felt. Together, Google and Facebook generated about $70 billion in revenue last quarter through… Source link

As the country grapples with an increase in COVID-19 cases and hospitalizations stemming from the Delta variant, businesses are working hard to reopen safely, and stay that way. In some cases, that has led to decisions about requiring proof of vaccinations. In San Francisco, conversations are swirling about how bars might soon start carding all patrons — but for proof of vaccination status instead of legal drinking age.  “We’ve had a huge number of staff coming down with COVID,” Ben… Source link

Welcome back to This Week in Apps, the weekly TechCrunch series that recaps the latest in mobile OS news, mobile applications and the overall app economy. The app industry continues to grow, with a record 218 billion downloads and $143 billion in global consumer spend in 2020. Consumers last year also spent 3.5 trillion minutes using apps on Android devices alone. And in the U.S., app usage surged ahead of the time spent watching live TV. Currently, the average American watches 3.7… Source link

Google’s latest diversity report shows that despite some gains in the number of Black employees, the company is lagging in its goal to double the number of Black workers by 2025. And the search giant is having particular difficulty retaining women of color, the report released Thursday (pdf) shows. Google uses a scale it calls an attrition index, with the number 100 used as a benchmark. The attrition figure for Black women on that index rose from 110 in 2020 to 146 in 2021, the report… Source link

As Bitcoin and other digital coins rise in popularity, so have the number of gripes with the largest cryptocurrency exchange in the U.S., according to a new study. Coinbase was the most complained-about crypto digital wallet in the Consumer Finance Protection Bureau’s complaint database, according to a study done by the U.S. Public Interest Research Group, with the volume of filings — albeit starting at a low level — accelerating this year.  “Coinbase should be investigating consumer… Source link

FedEx (FDX) is poised to report fiscal fourth-quarter earnings after market close on Thursday, with the shipping company’s results likely to get a boost from persistent strength in e-commerce and a pick-up in business and international shipping. Here are the main metrics expected from FedEx’s report, compared to consensus estimates compiled by Bloomberg: The Memphis, Tennessee-based company is expected to see sales grow by 24% over last year, or at the fastest rate since at least 2010, based… Source link

The NBA has been blessed with some spectacular athletes over the years, but none of them jump quite like Keon Johnson. The Tennessee guard, considered a potential top-10 pick, made NBA history more than a month before the draft on Wednesday when he recorded a 48-inch max vertical jump at the NBA scouting combine. That leap is the highest the event has ever seen by 2.5 inches, exceeding Kansas’ Kenny Gregory’s 45.5 inches set in 2001. Here’s how it looked: To give you some perspective on how… Source link

Alex Harvill reportedly landed short of his landing ramp. (Photo by Sergei BobylevTASS via Getty Images) An attempt at setting a world record for longest ramp-to-dirt motorcycle jump has reportedly ended in tragedy. Stuntman Alex Harvill, 28 years old, died Thursday while preparing for a 351-foot motorcycle jump at the Moses Lake Airshow in Washington state’s Grant County International Airport, according to the Columbia Basin Herald’s Charles Featherstone. The deadly crash reportedly occurred… Source link

In the past week, investors have had to cope with multiple conflicting signals from the markets. The April jobs report, which was expected to show almost 1 million new positions for the month, showed only 266,000. The official unemployment number ticked upward slightly to 6.1%, and hourly wages also gained – by 0.7%. That last would seem to be a positive – except that, combined with the massive government stimulus injecting cash into the economy – higher wages are seen as a portent of… Source link