Tag Archives: sends

(Bloomberg) — Tesla Inc.’s Chief Executive Officer Elon Musk said the electric-vehicle manufacturer is suspending purchases using Bitcoin, triggering a slide in the digital currency. In a post on Twitter Wednesday, Musk cited concerns about “rapidly increasing use of fossil fuels for Bitcoin mining and transactions,” while signaling that Tesla might accept other cryptocurrencies if they are much less energy intensive. He also said the company won’t be selling any of the Bitcoin it… Source link

TipRanks 3 Monster Growth Stocks That Are Still Undervalued A lackluster jobs report didn’t derail the markets last week. New jobs in April totaled only 266,000, far below the 978K expected, and the official unemployment rate, which had been predicted to come in at 5.8% actually ticked up slightly to 6.1%. Even so, the tech-weighted NASDAQ gained 0.88% in Friday’s session, the broader S&P 500 was up 0.75% at the end of the day. These gains brought the S&P to a new record level, with a… Source link

Google parent Alphabet Inc. rang up record profits for a third straight quarter during the pandemic, catapulting shares 5% to a 52-week high in after-hours trading Tuesday. The search-engine behemoth  GOOGL, -0.82% GOOG, -0.84% reported net income of $17.93 billion, or $26.29 a share in its fiscal first quarter, compared with net income of $6.84 billion, or $9.87 a share, in the year-ago quarter. Revenue after… Source link

MMA Weekly UFC 259 bonuses all go to preliminary fighters Though UFC 259 features three championship fights, none of the athletes in any of those title fights earned UFC 259 bonuses. All of the UFC 259 official performance bonuses went to preliminary card fighters. UFC 259 Fight of the Night: Kennedy Nzechukwu vs. Carlos Ulberg Kennedy Nzechukwu and Carlos Ulberg each earned an additional $50,000 for their efforts in the UFC 259 Fight of the Night. Ulberg started things off with a brutal head… Source link

TipRanks Billionaire Ray Dalio Places Bet on 3 “Strong Buy” Stocks When billionaire financier Ray Dalio makes a move, Wall Street pays attention. Dalio, who got his start working on the floor of the New York Stock Exchange trading commodity futures, founded the world’s largest hedge fund, Bridgewater Associates, in 1975. With the firm managing about $140 billion in global investments and Dalio’s own net worth coming at $17 billion, he has earned legendary status on Wall Street. Summing… Source link

Google announced that it is sending out notices to let publishers know that Google has begun crawling their websites with the advanced HTTP/2 protocol. The notice is only being sent out to those whose sites have been upgraded. Why HTTP/2 HTTP/2 (also referred to as h2) is a network protocol that servers, browsers and bots can use to transfer data from a server. HTTP/2 is more efficient than the older HTTP/1.1 protocol and is able to transfer data at faster rates the older protocol. The benefit… Source link

TipRanks 3 “Strong Buy” Stocks with Over 9% Dividend Yield Markets ended 2020 on a high note, and have started 2021 on a bullish trajectory. All three major indexes have recently surged to all-time highs as investors seemingly looked beyond the pandemic and hoped for signs of a rapid recovery. Veteran strategist Edward Yardeni sees the economic recovery bringing its own slowdown with it. As the COVID vaccination program allows for further economic opening, with more people getting back to… Source link

The Federal Reserve has committed to beefing up its asset purchases until “substantial further progress” is made on the economic rebound. But Fed officials this week are sending mixed messages on whether or not the next move will be ramping up or winding down its quantitative easing program. Chicago Fed President Charles Evans said Monday that the central bank will likely maintain its $120-billion-a-month pace of buying mortgage-backed securities and U.S. Treasuries “for a while.” But… Source link

TipRanks Goldman Sachs Says These 3 Stocks Could Surge Over 30% From Current Levels After a true annus horribilus, we’re all ready for better times. The US equity strategy team at Goldman Sachs, led by David Kostin, sees those better time ahead, and in the near-term. The team is predicting a 25% gain for the S&P 500 within the next 24 months – or to put it in absolute numbers, they believe the index will hit 4,600 by December 2022. Kostin lays out four clear reasons for believing that… Source link

The letter, sent to CEO Sundar Pichai, is titled “The future of Ethical AI at Google.” It lays out the moves the researchers want the company to make in order to “rebuild trust” with the team and create an environment in which they can continue their work. The team researches the ethical repercussions of artificial intelligence and advises the company on AI policies and products. It comes in the wake of the sudden exit of Timnit Gebru, who until early December was the co-leader of Google’s… Source link