Tag Archives: Steam

US stocks lose steam as earnings surge flows in

US stocks lose steam as earnings surge flows in

US stocks, which initially moved higher in early trading on Tuesday, wobbled later in the session as investors continued to debate the possibility of interest rate cuts ahead of a fresh batch of quarterly results. By midday trading, the S&P 500 (^GSPC) traded flat, while the tech-heavy Nasdaq Composite (^IXIC) dipped roughly 0.4%. The Dow Jones Industrial Average (^DJI), which initially opened flat, climbed about 0.2%. A rally in stocks hit the buffers on Monday as the market took on Fed Chair… Source link

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Efforts to keep workers from cashing out their 401(k)s gain steam

Efforts to keep workers from cashing out their 401(k)s gain steam

A provision in President Biden’s new legislation aims to keep workers from cashing out their 401(k) when they move from one job to another, building on a similar effort launched last year by the private sector. The legislation paves the way for employer retirement plans to provide automatic portability services, so funds can be transferred seamlessly into a new employer plan unless the worker opts out. It also increases the limit for automatic rollovers from $5,000 to $7,000. That follows a… Source link

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Indonesia unblocks Steam and Yahoo, but other gaming services remain banned

Indonesia unblocks Steam and Yahoo, but other gaming services remain banned

Indonesia has lifted its ban on Steam and Yahoo now that both companies complied with the country’s restrictive laws that regulate online activity (via @ZhugeEX). The Indonesian Ministry of Communication and Information (Kominfo) announced the news in a translated update on Twitter, noting that Counter-Strike: Global Offensive and Dota 2 are back online as well. Last week, Indonesia blocked access to Steam, PayPal, Yahoo, Epic Games, and Origin after the companies failed to meet a… Source link

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Is Google Losing Steam In The Ad Marketplace?

Is Google Losing Steam In The Ad Marketplace?

In another turbulent move in the marketplace, Netflix announced it selected Microsoft as its advertising partner and sales partner. Satya Nadella, Chairman & CEO of Microsoft, confirmed this news via Twitter on Tuesday, July 13th. While Microsoft celebrates this triumphant partnership, this is the latest example of Google’s losing battle in the advertising marketplace. A Brief Timeline Of The Marketplace Shift Just back in February, The Trade Desk initiated the deprecation of Google Open… Source link

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#GetTheChampAStamp social media campaign to memorialize Muhammad Ali on a postage stamp picks up steam

#GetTheChampAStamp social media campaign to memorialize Muhammad Ali on a postage stamp picks up steam

“I should be on a postage stamp, because that’s the only way I’ll ever get licked,” Muhammad Ali once said. Peter Villegas, the chairman of the California State Athletic Commission, joined the board of the Muhammad Ali Center in Louisville, Kentucky, in February. An avowed Ali fan, he’d even named his daughter, Alisandra, or Ali, for short, after the champ. Lonnie Ali, Muhammad’s widow, was traveling to California in April and arranged to meet Villegas. She traveled to his Los… Source link

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Google says Steam has arrived on Chromebooks, let us know if you find it?

Google has announced that some ChromeOS users will finally be able to start testing Steam. During the Google for Games Developer Summit, Google’s product director for games, Greg Hartell, announced that “the Steam alpha just launched” for select Chromebooks. It was a brief mention, but the software has been a long time coming — Google announced that it was working on Steam support for ChromeOS in the beginning of 2020, and there hasn’t been much info since. There have been… Source link

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Expectations for faster pullback in Fed support takes steam out of credit

Corporations are rushing to issue more debt amid the Federal Reserve’s messaging that it may move quicker to tighten the spigot on its easy money policies. Despite the emergence of the Omicron variant, Fed Chairman Jerome Powell and a chorus of other Fed officials recently signaled they were likely to support a faster wind-down in the Fed’s asset purchase program. If the Fed can fully end the so-called quantitative easing program early next year, the central bank would have the flexibility… Source link

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Nvidia is on top of the world, but its rivals are gaining steam

This article was first featured in Yahoo Finance Tech, a weekly newsletter highlighting our original content on the industry. Get it sent directly to your inbox every Wednesday by 4 p.m. ET. Subscribe Wednesday, November 11, 2021 Nvidia is still the graphics king, but AMD, Intel, and Apple are making moves Nvidia (NVDA) unveiled a sweeping array of new technologies at its GTC conference this week, ranging from an AI-powered chauffeur that can park your car to a tool to predict the paths of… Source link

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Bitcoin and other cryptos lose steam as summer lull sets in

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

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