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After finishing last week on a high note, with the S&P 500 back in record territory and posting its third week in a row of gains, all eyes are on the Fed. The S&P 500 finished last week at 4,247.44, a gain of more than 8% on the day and up slightly for the week. The Dow Jones Industrial Average, meanwhile, closed higher on Friday but declined slightly for the week. S&P 500, Dow and Nasdaq futures are all trading slightly in the green in early evening on Sunday, as is the oil price. DeMark… Source link

DENVER — The Denver Nuggets intend to shake things up heading into Game 4 against the Phoenix Suns by inserting guards Will Barton and Monte Morris into the starting lineup, league sources told Yahoo Sports. Consistent scoring in the first unit has been problematic all series long. Phoenix is up 3-0 in the Western Conference semifinals round with a chance to close the series out Sunday night on the road. Barton returned from a hamstring injury in Game 2 after being sidelined since April 23…. Source link

Takashi Mochizuki | Bloomberg The Japanese government will start investigating how Apple Inc. and Alphabet Inc.’s Google deal with Japanese smartphone makers, which could lead to tightening antitrust regulations, the Nikkei newspaper reported Sunday, without saying where it got the information. A government panel, which consists of officials, bureaucrats and external experts, will kick off the discussion this month as Apple’s iOS and Google’s Android software stands at more than 90% of… Source link

TipRanks Billionaire Israel Englander Bets on These 2 Penny Stocks Let’s talk about risk, reward, and pennies. The three are related, of course. There’s no reward in the stock market without taking on some risk – and penny stocks offer investors an optimum combination of both. The ‘pennies’ are the lowest cost stocks on the public markets, typically priced below $5 per share. At such a low share price, even a small gain – a share price increase of mere pennies – can quickly… Source link

Alphabet Inc’s (GOOGL.O) Google on Tuesday launched its Showcase news platform in India with 30 domestic news publishers, at a time when the country is trying to weed out misinformation surrounding a ferocious second COVID-19 wave. Indians have become increasingly reliant on social media platforms like Twitter (TWTR.N), Facebook (FB.O) and Instagram for information related to the crisis amid a shortage of critical medical supplies. Google will pay the partnering publishers for their online… Source link

Bloomberg China Puts Australia on Notice With Push to Diversify Iron Ore (Bloomberg) — Beijing threw the spotlight on trade tensions with its top commodities supplier, Australia, after the government’s economic planning agency said it’s looking to diversify China’s supply of iron ore.Chinese firms should boost domestic exploration for the steel-making input, widen their sources of imports, and explore overseas ore resources, the National Development and Reform Commission said at its… Source link

Bloomberg Central Banks Keep Lid on Rate Bets as Commodity Prices Soar (Bloomberg) — The surge in commodities prices is failing to trigger some of the traditional responses in bonds and currencies.Unlike recent commodities rallies in 2008 and 2011, yields on Treasuries and currencies of major exporters like Australia have barely budged. Likewise, the Federal Reserve’s favored measure of inflation expectations has disconnected from moves in raw materials.The biggest buffer: Central bank… Source link

Los Angeles-based electric vehicle startup Canoo is bringing its first vehicle to market next year. The company said Monday its electric microbus-slash-van will be available to buy in 2022 at a base price of $34,750 before tax incentives or add-ons. It’s now taking preorders in the United States for the “lifestyle” vehicle, as well as for its round-top pickup truck and multi-purpose delivery van. While Canoo did not release pricing for the other two vehicles, it said that deliveries for… Source link

Google will soon start pushing more Gmail users and Google Account holders to enable two-step verification — the extra layer of security that can protect people when their credentials have been phished or exposed through a data breach.  May 6 is “World Password Day” which is largely about making people less reliant on them for securing online accounts.  Google’s contribution this year is to nudge more people into enabling two-step… Source link

It took Amazon 13 years to deliver a 10,000% return to investors. It has now taken Dogecoin five months. The cryptocurrency (DOGE-USD) hit a new all-time high of $0.60 on Tuesday, pushing Dogecoin’s market cap north of $70 billion to become the fourth-most valued coin, according to Yahoo Finance’s data partner CoinMarketCap. That’s now larger than the market cap of Moderna, one of the companies shipping COVID-19 vaccines to save the world from the pandemic. That means a $1,000 bet placed on… Source link