Tag Archives: October

Abbott says at-home COVID tests will be widely available again by end of October

Abbott Laboratories (ABT) has an enviable problem: It can’t produce enough rapid at-home COVID-19 antigen tests to keep up with demand. The company had previously warned that there would be a shortage of tests, though they are not the result of the supply chain issues many companies are facing. In a statement, Abbott explained that the company had started to reduce production when demand waned earlier this year. But following the surge of the Delta variant in recent months, which resulted in a… Source link

Read More »

Google just announced its Pixel 6 event on October 19th

Google traditionally holds an October hardware event to reveal its new Pixel phones. This year, it already announced them — here’s the Pixel 5A and the Pixel 6. But the company clearly hasn’t said everything it wants to say publicly quite yet, because it just announced a virtual event for October 19th at 1PM ET / 10AM PT. Google: On October 19, we’re officially introducing you to Pixel 6 and Pixel 6 Pro—the completely reimagined Google phones. Powered by Tensor, Google’s… Source link

Read More »

‘Biggest crash in world history’ hits in October — 3 ways to protect yourself

Kiyosaki: ‘Biggest crash in world history’ hits in October — 3 ways to protect yourself The looming default of Evergrande — the second largest property developer in China — continues to send nervous vibes across global markets. And “Rich Dad Poor Dad” author Robert Kiyosaki is predicting a major crash because of it. “HOUSE of CARDs coming down. Real estate crashing with stock market,” Kiyosaki tweeted last week. “China’s Evergrande Group cannot pay. Valuation of properties… Source link

Read More »

Google postpones return-to-work until October, will require vaccinations

Sundar Pichai Source: CNBC Google CEO Sundar Pichai said the company is extending its office return for employees until Oct. 18 amid the latest Covid-19 outbreaks. In an email to employees Wednesday, Pichai also said the company will require anyone coming to the office to be vaccinated, beginning in the U.S. in coming weeks. Pichai’s note represents the second delay in office returns for its workforce of more than 130,000-plus employees amid the ongoing pandemic. In December, Google delayed… Source link

Read More »

Stocks rise, Dow recovers after worst weekly loss since October

Stocks rose on Monday, with the three major indexes looking to recover some of last week’s steep losses as an initial jolt following the Federal Reserve’s updated outlook for rates subsided.  The Dow added more than 200 points, or 0.7%. Last week, the index logged a weekly loss of more than 3% in its worst showing since October. The S&P 500 and Nasdaq were also each higher to extend gains from the overnight session.  Treasury yields on the long end of the curve ticked up to recover after a… Source link

Read More »

Stock futures trade flat after Nasdaq’s worst day since October

Bloomberg In a Flash, U.S. Yields Hit 1.6%, Wreaking Havoc Across Markets (Bloomberg) — After weeks of grumbling, the world’s biggest bond market spoke loud and clear Thursday — growth and inflation are moving higher. The message wreaked havoc across risk assets.Benchmark 10-year Treasury yields catapulted to the highest in more than a year at over 1.6% and traders yanked forward their opinion of how soon the Federal Reserve will be forced to tighten policy. Equities tumbled, as higher… Source link

Read More »

Yandex (YNDX) Q3 Earnings Beat Estimates, Revenues Up Y/Y – October 30, 2020

Yandex N.V. (YNDX – Free Report) reported third-quarter 2020 adjusted earnings of 27 centsper share, beating the Zacks Consensus Estimate by 80%. The figure was up 200% sequentially but down 15.6% year over year. Revenues of $732.1 million (RUB 58.3 billion) lagged the Zacks Consensus Estimate of $811 million. In ruble terms, the figure rose 30% on a year-over-year basisand 40.8% from the previous quarter. The reported revenue figure includes the consolidated… Source link

Read More »