Tag Archives: Signals

(Bloomberg) — The Federal Reserve delivered the biggest interest-rate increase since 2000 and signaled it would keep hiking at that pace over the next couple of meetings, unleashing the most aggressive policy action in decades to combat soaring inflation. Most Read from Bloomberg The U.S. central bank’s policy-setting Federal Open Market Committee on Wednesday voted unanimously to increase the benchmark rate by a half percentage point. It will begin allowing its holdings of Treasuries and… Source link

Google has shown off a “design study” in ambient computing, with a series of objects that can subtly deliver notifications through taps, gentle breezes, and shifting shadows (shout out to Verge alumn Dieter Bohn for tweeting this to our attention). The company calls the experiment Little Signals and says it’s exploring “calm computing,” or ways of keeping you in the loop without having your phone blare a notification chime and light up a screen. Google has six objects in the… Source link

(Bloomberg) — Alibaba Group Holding Ltd. ramped up its share buyback program to $25 billion, expanding that arsenal for a second time in less than a year to stanch a $470 billion loss of value during Beijing’s internet crackdown. Most Read from Bloomberg The board of China’s e-commerce leader has approved the program, which will run for two years through to March 2024, the company said in a statement. It also appointed a new independent director in Shan Weijian, chairman of alternative… Source link

Around 40 miles south of San Francisco, three futuristic structures rise from the earth. With sloping roofs clad in thousands of overlapping tiles, the buildings could be mistaken for the world’s most architecturally advanced circus tent. They are, in fact, part of Google’s new Bay View campus, which is due to welcome employees this year – pandemic allowing – and is situated a few miles east of its existing HQ campus in Mountain View. The firm says the finished buildings will have… Source link

“The Boss” is cashing in — and that could have big implications for the music business. This week, Bruce Springsteen sold both his master recordings and publishing rights to Sony Music in a deal worth north of $500 million, according to multiple outlets. Sony Music and Springsteen did not immediately respond to Yahoo Finance’s request for comment.  Sony has been Springsteen’s home for the past five decades. Thanks to this deal, the studio will now have full ownership of the rocker’s entire… Source link

Amazon (AMZN) posted third-quarter results and guidance that fell short of expectations, with Wall Street balking as the e-commerce giant forecasted billions of dollars in additional costs heading into the holiday shopping season.  The announcement sent Amazon shares tumbling immediately following the report. However, at least one analyst suggested Amazon’s heavy spending is yet another sign that the company is remaining laser-focused on investing for the future — even if it means giving… Source link

Aug 28 (Reuters) – Tesla Inc Chief Executive Elon Musk has signaled competition concerns over Nvidia Corp’s planned purchase of British chip designer Arm, the Telegraph reported on Saturday, citing multiple sources. E-commerce giant Amazon.com Inc and smartphone maker Samsung Electronics Co Ltd have also lodged opposition to the deal with U.S. authorities, the newspaper reported. Earlier this year, the U.S. Federal Trade Commission opened an in-depth probe into the takeover. The probe findings… Source link

(Bloomberg) — U.S. stock-index futures fell and Treasuries climbed amid concern the economic recovery from the pandemic is faltering and investor nervousness in the run-up to the Federal Reserve’s Jackson Hole symposium in late August. September contracts on the S&P 500 Index declined 0.3% after the underlying gauge notched up another record high on Friday. Ten-year U.S. yields slid three basis points and the dollar rose. Chinese stocks gave up gains as the country’s retail sales and… Source link

(Bloomberg) — Chinese equities rallied by the most in ten weeks as traders turned buyers of everything from baijiu producers to construction firms on expectations of increased support for the economy. The benchmark CSI 300 Index rose 2.6%, its best day since May 25. Consumer shares led gains, with Kweichow Moutai Co. and Wuliangye Yibin Co. adding at least 4.5%. In Hong Kong, the Hang Seng Index also rebounded, rising 1%. Monday’s move higher follows a volatile week for the world’s… Source link

(Bloomberg) — For two decades Chinese tech firms have flocked to the U.S. stock market, drawn by a friendly regulatory environment and a vast pool of capital eager to invest in one of the world’s fastest-growing economies. Now, the juggernaut behind hundreds of companies worth $2 trillion appears stopped in its tracks. Beijing’s July 10 announcement that almost all businesses trying to go public in another country will require approval from a newly empowered cybersecurity regulator… Source link