Tag Archives: sets

Stock futures edged lower Wednesday evening, with the major indexes hovering slightly below all-time highs as a parade of strong earnings results helped buoy equity prices. Contracts on the Dow dipped. The 30-stock index set a fresh record intraday high during the regular trading day, markings its first all-time high since mid-August. The S&P 500 also logged a sixth straight day of gains in its longest winning streak since the start of July. The Nasdaq ended lower as traders took profits on… Source link

(Bloomberg) — Apple Inc.’s biggest debut on Monday was undoubtedly its MacBook Pro overhaul, but the company also unveiled a polishing cloth with its signature logo debossed in one corner. Price tag? $19. Most Read from Bloomberg The accessory, listed as compatible with iPhones as far back as the iPhone 6 and Macs dating back to 2012, is made of nonabrasive material and is already in short supply, requiring 3 to 4 weeks to ship. On Amazon.com, premium microfiber cloths go for $1.50 each,… Source link

Google plans to invest up to $50 million in African early and growth-stage startups via its Africa Investment Fund, ramping up efforts to support more businesses on the continent. Google made known its plans today in a virtual event where CEO Sundar Pichai announced the tech giant’s intentions to commit $1 billion over the next five years in tech-led initiatives in Africa. These initiatives range from improved connectivity via Google’s subsea cable Equiano to investments in small… Source link

With drought sucking the Western US dry, Google announced new plans to protect vital water resources. Google guzzles up water to cool its data centers, three of which are in the drought-stricken West. To offset its thirst, the company said that by 2030, it wants to replenish 120 percent of the water it consumes. Google guzzles up water to cool its data centers, three of which are in the drought-stricken West Google laid out three strategies to accomplish that goal: using water more… Source link

Sharp dive for mortgage rates sets off new refinancing boom Many homeowners know a good deal when they see one. Demand for refinance mortgages is soaring, a survey by a major lenders trade association finds. Homeowners are stampeding toward mortgage rates that have been driven back toward all-time lows by worries about the Delta variant and by the elimination of a widely despised fee on refi loans. But U.S. homeowners are still leaving lots of money on the table. Online real estate marketplace… Source link

Last quarter, Google roared out of the post-pandemic-peak period with a record $17.9 billion in profit, finally joining other tech giants that had been raking it in despite (or perhaps because of) the rise of COVID-19. But Alphabet’s Q2 2021 earnings do it one better — the company just set an all-time record revenue of $61.9 billion this quarter, and record profits for the fourth quarter in a row at $18.5 billion. Some of the numbers the company’s posting today (PDF) are nearly… 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

Stock futures opened slightly higher Tuesday evening, holding onto gains from the regular session.  Earlier the three major indexes ended higher for a second straight day, and the Nasdaq Composite powered to a record high as technology stocks outperformed. Microsoft (MSFT) shares steadied after jumping to a record level, bringing its market capitalization $2 trillion.  Cryptocurrency prices stabilized after slumping earlier on Tuesday. Bitcoin (BTC-USD) traded back above $32,000, after… Source link

(Bloomberg) — China will risk international isolation if it fails to allow a “real” investigation on its territory into the origins of the virus that caused the pandemic, U.S. National Security Adviser Jake Sullivan said. President Joe Biden is traveling to North Carolina on Thursday to encourage more Americans to get vaccinated. Russia, Germany and Portugal reported an expanding spread of the highly transmissible delta variant that first appeared in India. Scott Gottlieb, a former head… Source link

The bitcoin price was once again yo-yoing on Wednesday morning. Photo: Edward Smith/Getty Images The bitcoin (BTC-USD) price shot back above $40,000 (£28,346) following sessions of losses, but is treading water as fund managers say the cryptocurrency is in a bubble despite the price crash.  According to a Bank of America survey, 81% of fund managers say bitcoin is still a bubble. The flagship crypto fell around 37% last month and its price is down 38% from its $64,829 mid-April peak. The… Source link