By Herbert Lash NEW YORK (Reuters) -Shares of Robinhood Markets Inc, a popular gateway for trading meme stocks, tumbled nearly 7% on Monday on news that PayPal Holdings Inc may start an online brokerage and a report saying regulators were looking at a possible ban on a practice that accounts for the bulk of the company’s revenue. Shares of Robinhood extended an early decline after CNBC reported that PayPal was exploring ways to let U.S. customers trade individual stocks on its… Source link
Read More »Bitcoin Price Rests Above Key Indicator Amid ‘Return of Retail Investors’
Despite pulling back from recent highs, bitcoin, the world’s largest crypto by market cap, remains above a key long-term technical indicator, which reflects bullish market conditions. Prices are currently at about $46,350 after topping out at $46,453 in the last 24 hours, CoinDesk data show. The crypto is up 57% year to date and is making headway toward its all-time high of $64,829 on April 14. “After a quiet July, we’re seeing a return of retail investors,” said Caroline Bowler, CEO… Source link
Read More »Google’s new Titan security key lineup won’t make you choose between USB-C and NFC
Google announced updates to its Titan security key lineup on Monday, simplifying it by removing a product and bringing NFC to all its keys. The company will now offer two options: one has a USB-A connector, one has USB-C, and both have NFC for connecting to “most mobile devices.” The USB-A key will cost $30, and the USB-C key will cost $35 when they go on sale on August 10th. One of the biggest changes in Google’s new lineup is an updated USB-C key, which has added NFC support.
Read More »Delta variant fears are beginning to slow spending in key areas
Increased public focus on the Delta variant has coincided with slowed spending in key sectors, according to a JPMorgan (JPM) Research report by senior economist Jesse Edgerton and economist Peter McCrory. “COVID case counts are still growing rapidly, even in highly-vaccinated states,” the report reads. “Google (GOOG, GOOGL) search data suggest that public focus on the Delta variant has intensified in recent weeks, and Chase card spending in some travel and entertainment categories has… Source link
Read More »How Google and Intel Removed a Key Barrier to Entry for HPC in the Cloud
Enterprises and research organizations alike are eager to adopt cloud computing to expand computing capacity and access the latest technologies. But too often, setting up robust HPC environments in the cloud has meant wrangling with unfamiliar concepts and tools, resulting in slow deployments, software incompatibilities, and subpar performance. Now, Intel and Google have teamed up to make cloud-based HPC familiar, compatible, and performant. Building on Google’s HPC VM image and the… Source link
Read More »‘We have two key weapons in fighting this virus,’ doctor explains
As the highly transmissible Delta variant spreads rapidly nationwide, the U.S. has “two weapons” to mitigate the outbreak, according to One Medical Regional Medical Director Dr. Natasha Bhuyan. “We have two key weapons in fighting this virus: one is masks, the other is vaccines” Dr. Natasha Bhuyan told Yahoo Finance Live. “If we can get our vaccination rates up, we will be able to slow down the spread of the virus. But until then, it’s important that even people who are fully… Source link
Read More »Bitcoin Hits Key Level Not Seen Since May Amid Wood, Musk Boost
(Bloomberg) — Bitcoin traded above a crucial technical level over the weekend for the first time since early May, after comments from Ark Investment Management LLC’s Cathie Wood and Tesla Inc. Chief Executive Officer Elon Musk helped boost its momentum. The largest cryptocurrency rose above its 50-day moving average on Saturday for the first time since May 12. It rose again Sunday, its fifth consecutive day of gains, to as high as $34,609. Bitcoin had looked to be in danger of further… Source link
Read More »Stock futures mixed as traders await week of key economic data
Stocks traded mixed Monday, with the S&P 500 and Nasdaq ticking up to notch fresh record levels, with traders looking ahead to more key economic data later this week. The S&P 500 edged up to a record intraday high, adding to gains after the blue-chip index posted its best week since February. The Nasdaq also rose to a record intraday level, while the Dow was off slightly. Treasury yields traded lower across the long end of the curve, with the benchmark 10-year Treasury yield hovering below… Source link
Read More »Google just made a key concession to smaller search rivals in Europe
SOPA Images | Contributor | Getty Images LONDON — Google said Tuesday that it will stop charging a fee for search engines to appear in a list of default search engines on Android that’s exclusive to European users. The so-called “choice screen” was introduced by Google in 2019 in response to a record $5 billion antitrust fine from the European Union targeting anti-competitive practices in its smartphone software. Search engines would have to take part in blind auctions in which they bid to… Source link
Read More »Chris Rock reveals a key piece of advice he got from his divorce attorney, who now represents Melinda Gates
Chris Rock spoke to Insider in an interview about his former divorce lawyer, who is now representing Melinda Gates. Gilbert Carrasquillo/FilmMagic Chris Rock opened up about his experience with famed divorce lawyer Robert Stephan Cohen. Cohen is currently representing Melinda Gates, who could land the largest-ever divorce settlement. Rock said Cohen once told him the bitterest divorce disputes only amount to a fraction of what’s at stake. See more stories on Insider’s business page. In the worst… Source link
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