Tag Archives: quietly

Two outs, two strikes. Tying run on second. Gerrit Cole on the bump. You’re pinch-hitting, you tell yourself in the batting cage. The crucial pitch is on the way — just as soon as it matriculates its way through that ubiquitous metal tripod, the pitching machine. Shoop. Here it comes. A 75 mph, arrow-straight fastball, down the middle. Actually facing Gerrit Cole is nothing like that. He could throw you a blistering four-seamer. Or a slider, or a cutter, or a changeup, or a curveball. And… Source link

(Bloomberg) — In times of Treasury turmoil, the biggest investor outside American soil has historically lent a helping hand. Not this time round. Most Read from Bloomberg Japanese institutional managers — known for their legendary U.S. debt buying sprees in recent decades — are now fueling the great bond selloff just as the Federal Reserve pares its $9 trillion balance sheet. The latest data from BMO Capital Markets show the largest overseas holder of Treasuries has offloaded almost $60… Source link

Last year, reports began circulating that Google was developing a “Switch to Android” app for iOS users looking to make the jump from iPhone to a smartphone running Google’s Android OS. Now that app has arrived. On Monday, Google quietly launched the Switch to Android app on the App Store in a number of global markets, including the U.S. As expected, the app promises to make the transition between mobile platforms easier to manage by helping users import their contacts, calendar,… 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

Rather under-the-radar, Google (GOOG, GOOGL) is now holding the crown as the top-performing member of the closely watched FAANG (Facebook, Apple, Amazon, Netflix, and Alphabet’s Google) complex amid a summer surge in its stock price.  Shares of Alphabet, Google’s owner, tacked on an impressive 8.2% in August, lagging only behind a 12.8% pop in Netflix. But year-to-date, Alphabet holds a wide lead over its FAANG cohorts.  Alphabet’s stock has skyrocketed 66% on the year, thumping second… Source link

At a laboratory inside a Google data center in Mayes County, Oklahoma, researchers spent the fall of 2019 disassembling old hard disk drives by hand in order to extract a 2-inch-long component known as the magnet assembly. Consisting of two powerful rare earth magnets, the magnet assembly is a critical muscle within the hard drive, controlling an actuator arm that allows the device to read and write data.  Over the course of six weeks, the scientists harvested 6,100 of these… Source link

(Bloomberg) — Tesla Inc. is widely expected to report its sixth consecutive quarterly profit Wednesday — and potentially its first $1-billion quarter. That follows a remarkable year when Tesla’s stock split and skyrocketed, the company joined the S&P 500 Index and it sold almost half a million cars. Two years ago, the world’s leading electric carmaker was going through a rough patch. Elon Musk, Tesla’s chief executive officer, informed employees in a January 2019 open letter that the… Source link

Well, shucks. Just as I was about to put my brain on auto-pilot for the remainder of the year, Google went and made a major purchase — one that may seem ho-hum on the surface but that could end up being one of the most significant expansions to Google’s ambitions in ages. Google, if you haven’t heard, is buying a company called Neverware. Never who? Never mind — it isn’t exactly a household name, I realize. But for anyone who pays close attention to Chrome… Source link

Dataform, a startup in the U.K. that was building what it dubbed an “operating system” for data warehouses, has been quietly acquired by Google’s Google Cloud division. Terms of the deal aren’t being disclosed, although I understand this is mostly an acqui-hire, albeit one where the founders — both ex-Googlers prior to founding Dataform — have done well out of. However, it isn’t just about talent; Google is said to have been very interested in the company’s product, too… Source link

Bloomberg Kushner Cos. Spent the Trump Years Unwinding Scion’s Costly Bets (Bloomberg) — Guy Fieri’s Times Square restaurant, where Jared Kushner and Ivanka Trump partied in late 2016 before heading to Washington, is gone. The office tower at 666 Fifth Ave., once the headquarters of the Kushner family’s real estate empire, has been sold. So too has a stake in a project in the trendy Dumbo neighborhood of Brooklyn.New York looks a lot different now than it did before Jared Kushner left… Source link